POSCO Group’s
ethical management is based on our corporate philosophy of
“doing the right thing in the right way.”
POSCO Group has achieved remarkable growth with the mission to assist national advancement.
In the process, we have engaged in a relentless search to identify what is right for our country and business.

We must charge ourselves with the trust of the people and a stronger belief in ourselves to drive us forward and navigate the future.
At this juncture, I would like to share with you the new way forward in our ethical management.

POSCO Group will step up our efforts to being a trusted leader in the global market through ethical management.
Core Values
  • 진실(Integrity)
  • 존중(Respect)
  • 공감(Mutual Empathy)
  • First, ‘my’ actions and decisions should always represent ‘Integrity’.
    We shall not seek personal interests at work and all decisions shall be made with the highest standard of justice and righteousness.
  • Second, we shall practice the value of ‘Respect’ for ‘others’.
    We shall protect the human rights of our co-workers and everyone with whom we interact in our business activities, embrace diversity, and treat each other with fairness.
  • Third, let us exercise ‘Mutual Empathy’ as a means to extend the boundaries that frame ‘we/us’.
    We can develop and grow together through mutual trust by paying attention to the voices of our stakeholders and by respecting the perspectives and rights of diverse populations.
Ethical Principles
Roles and responsibilities of all employees
  • · We comply with relevant laws and company regulations and guidelines anywhere in the world where POSCO Holdings conducts business.
  • · We endeavor to maintain our dignity as employees and protect our corporate reputation.
  • · We make our best efforts to establish an ethical culture by taking responsibility for practicing ethical behavior.
  • · We report to or consult an authority figure or the department in charge of ethical management immediately upon becoming aware of the fact that a situation faced or an action performed by us or another person violates or is likely to violate the Code of Ethics.
  • · We fully cooperate with investigations conducted by the department in charge of ethical management regarding matters that are likely to violate the Code of Ethics.
  • · We do not retaliate against informants or individuals who participate in an investigation in relation to Code of Ethics violations.
  • · We are aware of the fact that by violating the Code of Ethics, soliciting another person to violate the Code of Ethics, failing to report a Code of Ethics violation or cooperate with an investigation, or taking retaliatory action against an informant or individual participating in an investigation, we may become subject to disciplinary action as appropriate.
    In particular, we are aware that there is zero tolerance for the four major ethical violations: acceptance of bribery, misappropriation, fabrication of information, and sexual misconduct.
Special responsibilities of executives and authority figures
Executives and authority figures have the responsibility to set an example of ethical compliance and prevent ethical misconduct among staff members. To this end, they must be aware of the following principles and put them to practice:
  • · When the company’s profits and ethics are in conflict, you have a duty to prioritize ethics in your operational and administrative decision making.
  • · You must exemplify ethical conduct in your work and fulfill your duty as an internal and external role model.
  • · You must train and guide staff members to understand the provisions of the Code of Ethics and Practice Guidelines and the importance of compliance.
  • · You must routinely examine your teams for ethical misconduct and proactively prevent unethical behavior that is likely to occur by identifying the causes, improving processes, and taking other measures.
  • · You must foster an organizational atmosphere that promotes and supports ethically correct behavior where staff members can speak up without worrying about adverse action.
  • · You must report to or consult the department in charge of ethical management immediately upon becoming aware of the fact that a staff member has violated the Code of Ethics.
  • · You have unlimited liability for any ethical misconduct you have engaged in, and supervisory liability for the ethical misconduct of a subordinate employee.