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Society

We make social contributions in various fields including social enterprises,
education, regional co-growth and the environment.

“ SK considers maximizing the happiness of its stakeholders as its business value, which implies that all business activities have the ultimate aim of happiness. ”

Human Rights Commitment

Compliance with Human Rights Due Diligence

SK innovation (“SKI”) exercises its best care so that there may be no human rights violations in its conduct of business or business relations. To fulfill its social responsibilities and duties as a corporate citizen, SKI joined UNGC (United Nations Global Compact) in October 2007, a global sustainable management initiative, and proclaims its support of the 10 principles in the four sectors of human rights, labor, the environment, and anti-corruption. Thus, SKI endeavors to formulate talent recruitment and training strategies, safety, health and environment (SHE) policies, and ethics norms and thereby strictly comply with the principle of human rights protection in its business activities.

Human Rights Policy and Applicability Thereof

  • 1
    First, SKI shall respect all its employees’ dignity and value as humans in order to achieve sustainable happiness.
  • 2
    Second, SKI, shall do its best to maintain a good work environment on the basis of good morale, so that all its employees can pursue happiness.
  • 3
    Third, SKI shall support and respect the human rights protection and labor standards of labor-related international organizations such as the UN and ILO, and shall not discriminate on the basis of any grounds including gender, race, nationality, religion, or age.
  • 4
    Fourth, SKI shall comply with its human rights policies and the labor laws of the relevant country or region where it has work sites, and affirm that this policy is the basic duty of all suppliers and business partners having business relations with SKI.

Detailed Guidelines

  • Respect for
    human rights
    SKI shall respect all its employees as humans, and endeavor not to make any compromises on human rights.
  • Prohibition of
    forced labor
    SKI shall not force labor against an employee’s free will through mental or physical oppression including slavery and human trafficking. It shall not demand the transfer of government-issued IDs, passports, or labor permits as condition for employment.
  • Prohibition of
    child labor
    SKI shall not hire children or youths under 15 years of age.
  • Child
    labor
    Regarding anyone less than 18 years of age, SKI shall hire him/her in compliance with labor laws, and shall not put him/her to dangerous, hazardous work.
  • Working
    hours
    Regular working hours and overtime work shall comply with the standards prescribed by the labor laws of the relevant country or region.
  • Wages SKI shall set its employees’ wages at a level not lower than the minimum level set by the labor laws of the respective country or region.
  • Non-discrimination SKI shall not discriminate when hiring on any basis including gender, race, nationality, ethnicity, or religion, and shall not discriminate in conditions of work such as wages and promotions on the basis of the same.
  • Freedom of
    association
    SKI shall guarantee freedom of association and the right to collective bargaining under the labor laws of the relevant country or region, and shall not impose unfavorable treatment on the basis of labor union membership, activities, or organization.
  • Workplace safety
    and environment
    SKI shall endeavor to create a pleasant work environment and prevent safety accidents by complying with international standards, applicable laws, and internal regulations on the work environment.
  • Due diligence
    process for
    human rights
    protection
    SKI, for effective human rights protection, shall strive for risk prevention and human rights protection by diligently performing its human rights due diligence process.
  • Due diligence process for human rights protection/
    Internal or external evaluation & audit → start → Result (corrections & improvement required) → Check corrections and improvement required → Request relevant department to make corrections → Relevant department’s planning for corrections, & F/up → Report completion of correctionsor plan for improvement. Internal or external evaluation & audit → Feedback for measures taken → Relevant department’s planning for corrections, & F/up.

Result of Audit

SKI conducted its 2016 Human Rights Audit as follows.
1) Year of Audit: 2016
2) Scope of Audit: SKI & all of its affiliates

Employees

Employees table
Classification Labor Ethics SHE(Health, safety & environment) Total Remarks
No. of cases investigated 6,124 6,124 6,124 6,124
(100%)
No. of employees of SKI & its affiliates (2016)
No. of findings 6 3 3 12
(0.20%)
No. of disciplinary actions
No. of actions taken 3 1 3 7
(58.33%)

* 2016 performance of compliance support & management system (concerning labor)

Supply Chain

ㆍ Addressed Labor management self-diagnosis for 110 supply chain-related business partners
ㆍ Conducted examination to verify system operation compliance with SHE for 39 business partners
→ All business partners were determined to be suitable for joint KOSHA/OHSAS 18001 certification

Result of Human Rights Audit

SKI and all of its affiliates investigated human rights violation concerning forced labor, child labor, youth labor, working hours, wage, non-discrimination, freedom of association and workplace safety & environment for 2016, and there was no violation.