Safe Transportation, Timely Delivery, Efficient Warehousing, Professional Consulting
2023.03.02
In terms of sustainability, supply chain management, which refers to the management of the economic, social and environmental impacts of a company’s products and services throughout their entire life cycle, places varying demands on the enterprise according to global trends. In response, Dong-A Socio Holdings, the holding company of Dong-A Socio Group, aims to establish a sustainable supply chain by establishing a common supply chain code, in order to adapt to the changing ecosystem, fulfill its social responsibility, and grow together with its partners. Dong-A Socio Group’s Supplier Code of Conduct requires that all of its partners comply faithfully with the laws and regulations applicable to the country in which they operate, and with the guidelines set forth by the Dong-A Socio Group in its Regulations on Anti-Corruption, Human Rights & Labour and Environment. This Code of Conduct refers to ISO 26000 (International Standard for Corporate Social Responsibility), which is the social responsibility management strategy of Dong-A Socio Group, the UN SDGs, which Dong-A Socio Group has adopted as its social responsibility management strategy goals, the OECD Guidelines, the UN Guiding Principles on Business & Human Rights (UNGP), and the International Labour Organization (ILO), etc.
This Code of Conduct applies to all partners who have signed contracts with Dong-A Socio Group and pertains to every type of transaction. All employees and employees of the partner companies covered by this Code of Conduct shall comply with the laws and regulations of the countries in which they operate and perform their duties in accordance with this Code of Conduct. Furthermore, all stakeholders across the supply chain, including subcontractors, should be encouraged to respect this Code of Conduct.
This Code of Conduct is managed by Dong-A Socio Holdings’ Jeong-Do (social responsibility) Management Team, and may be supplemented and revised on
a continuous basis. When revised, the revised contents will be disclosed on Dong-A Socio Group’s Jeong-Do Management website
(https://gamasot.dongasocio.com/index.php/en/).
A third party designated by Dong-A Socio Group or the holding company of the Group may inspect and conduct due diligence on compliance with the partners’
Code of Conduct within the scope of legal permission, and Dong-A Socio Group may recommend a partner to undertake any necessary improvements.
All improvement measures and activities shall be established and implemented through consultation. In addition, the partner companies shall
take timely action to address any risks that are detected in the supply chain.
Partners shall adhere to the basics and principles and strive to fulfill their social responsibilities based on transparent and correct decision-making.
Partners shall recognize their tax obligations as a social responsibility and comply with the country’s tax laws. In addition, they shall fulfill their tax reporting and tax payment obligations in accordance with the laws of the country concerned, and in the event that the tax authorities concerned request an investigation and/or information, they shall cooperate with such investigation faithfully.
Partners shall comply with export restrictions and regulations that regulate the movement of products, technologies, etc. across borders, and manage all necessary documents related to import and export, such as origin documents, according to the established procedures.
Accounting officers and employees of partner companies shall prepare and manage accounting records accurately and transparently. Typical money laundering practices are the result of criminal acts such as tax evasion, and are subject to international obligations under the country’s anti-money laundering laws. Partners shall not facilitate or support money laundering, and stakeholders shall also comply with the legal regulations relating to the prevention of money laundering, and review and monitor any suspicious transactions continuously. Partners shall also create and maintain documents that do not include concealment, falsehood, etc. in order to comply with the relevant laws and regulations and respond to the requirements of the company and its stakeholders.
Partners shall transparently disclose financial and non-financial information such as corporate activities, financial status, performance, ownership, and governance in accordance with the relevant laws and regulations. In the event of a request from the government, customers, investors, etc. to disclose information, efforts shall be made to disclose such information to the extent that it does not constitute a confidential leakage.
Partners shall comply with the laws and regulations related to personal information and information security when collecting, storing, processing, transmitting, and sharing the personal information of stakeholders, and shall only manage data by legitimate and fair means. Partners shall not commit any act that may illegally infringe the personal information of customers and partners, and shall not use personal information for any purposes other than those for which it is collected or provide it to third parties.
In addition to the partners’ information and intellectual property rights, all partners shall manage the confidential information and intellectual property rights of stakeholders acquired during the performance of business according to strict standards. This includes trade secrets or information that requires strict security from customers and partners, and intellectual property rights. Partners shall prohibit their executives and employees from leaking information obtained in the course of performing their job or using it for their personal interests. In addition, partner companies shall use the intellectual property rights of a third party in compliance with the relevant conditions with the consent of that third party, and their employees shall use the company's assets only for business purposes.
To supply the best products, partners shall comply with the quality and safety standards and prohibit the use of unauthorized, inauthentic or forged raw materials and products. In addition, partners shall monitor the use of raw materials and the production and distribution of products on a continuous basis. They shall also provide fair compensation for any property acquired or used, and shall not infringe any property rights, including acts of forgery and copyright infringements.