Dear POSCO A&C
Family Members!
Family Members!
In accordance with the Group's ethical management policy of "doing the right thing the right way," POSCO A&C has been introducing and operating a Fair Trade Compliance Program since 2009 to establish fair subcontractor transactions and achieve balanced development from mutually equal positions between companies.
As a result of these efforts, following 2023, we achieved an AA grade in the Korea Fair Trade Commission's CP evaluation in 2024, being recognized as a company that has established an exemplary fair trade compliance system.
In 2025, we will continue our efforts so that all employees practice compliance management based on ethical consciousness and further spread the fair trade compliance culture, enabling mutual prosperity and sustainable development with all stakeholders. We request the following:
First, let us remain faithful to principles and fundamentals for compliance with fair trade-related laws and regulations.
To prevent legal violations, we must remain faithful to principles and fundamentals. Fair trade compliance is a core value and behavioral standard that all employees must observe, beyond legal requirements.
We must establish standards for fair transactions and legal compliance, uphold principles, prevent legal violations, and achieve company trust and sustainable growth.
Second, let us establish a foundation for sustainable development through mutual prosperity with stakeholders.
Fair trade compliance is an essential foundation for mutual prosperity with all stakeholders, including partner companies.
We build a trustworthy business environment through fair and transparent transactions and support long-term partnerships and growth with partner companies.
Through this, let us strive to become a company that grows together with sustainable development.
Third, let us spread a fair trade compliance culture by practicing the values of fairness, transparency, and ethics across all fields.
Our company aims to become a transparent and trusted organization by promoting a fair trade compliance culture.
Let us strengthen our fair transaction and ethics compliance culture by ensuring all employees can actively practice compliance through participation in fair trade education and improving incorrect practices, thereby preventing the recurrence of the same problems.
In 2025, a year of greater uncertainty than any other, we must remain faithful to the principles and fundamentals for fair trade compliance in any situation.
By practicing fair trade compliance with responsibility in our respective positions, we will be able to achieve stable and sustainable growth.
We ask all employees to keep these essential principles in mind and do their best to practice them, turning crises into opportunities.
January 2025
POSCO A&C CEO Jeon Huntai
As a result of these efforts, following 2023, we achieved an AA grade in the Korea Fair Trade Commission's CP evaluation in 2024, being recognized as a company that has established an exemplary fair trade compliance system.
In 2025, we will continue our efforts so that all employees practice compliance management based on ethical consciousness and further spread the fair trade compliance culture, enabling mutual prosperity and sustainable development with all stakeholders. We request the following:
First, let us remain faithful to principles and fundamentals for compliance with fair trade-related laws and regulations.
To prevent legal violations, we must remain faithful to principles and fundamentals. Fair trade compliance is a core value and behavioral standard that all employees must observe, beyond legal requirements.
We must establish standards for fair transactions and legal compliance, uphold principles, prevent legal violations, and achieve company trust and sustainable growth.
Second, let us establish a foundation for sustainable development through mutual prosperity with stakeholders.
Fair trade compliance is an essential foundation for mutual prosperity with all stakeholders, including partner companies.
We build a trustworthy business environment through fair and transparent transactions and support long-term partnerships and growth with partner companies.
Through this, let us strive to become a company that grows together with sustainable development.
Third, let us spread a fair trade compliance culture by practicing the values of fairness, transparency, and ethics across all fields.
Our company aims to become a transparent and trusted organization by promoting a fair trade compliance culture.
Let us strengthen our fair transaction and ethics compliance culture by ensuring all employees can actively practice compliance through participation in fair trade education and improving incorrect practices, thereby preventing the recurrence of the same problems.
In 2025, a year of greater uncertainty than any other, we must remain faithful to the principles and fundamentals for fair trade compliance in any situation.
By practicing fair trade compliance with responsibility in our respective positions, we will be able to achieve stable and sustainable growth.
We ask all employees to keep these essential principles in mind and do their best to practice them, turning crises into opportunities.
January 2025
POSCO A&C CEO Jeon Huntai