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.
Programs
Ethics Pledge
Every year, on the first work day in January, each employee makes a pledge to adhere to the Code of Ethics.
Special Terms on Ethical Practice
Our agreements with trading partners include special terms and conditions on ethical practice that include sanction provisions for Code of Ethics violation.
Ethics Session
An Ethics Session is organized to administer surveys to assess the ethical perception of managers and executives.
Lecture Honorarium Deposit Program
Honorarium received for outside lectures given by an employee is deemed company asset; therefore, employee deposits 50% of the compensation.
(Employee keeps 50% to cover cost of travel and labor)
Gift Return Center
When a gift has been received from a stakeholder, drop it off at the Gift Return Center.
The gift is processed and returned to the sender with a ‘Politely Declined’ sticker
Training
Consistent training is given to employees to instill ethical standards and to establish the Code as a corporate culture.
  • Ethics training for managers and executives
  • Ethics training for new and experienced hires
Mandatory e-learning on ethics in management,
prevention of workplace bullying and sexual harassment at work
  • Ethical management
  • Prevention of workplace bullying and sexual harassment at work