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.
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.
SKI conducted its 2017 Human Rights Audit as follows.
1) Year of Audit: 2017
2) Scope of Audit: SKI & all of its affiliates
|Classification||Labor||Ethics||SHE(Health, safety & environment)||Total||Remarks|
|No. of cases investigated||6,263||6,263||6,263||6,263
|No. of employees of SKI & its affiliates (2017)|
|No. of findings||3||9||2||14
|No. of disciplinary actions|
|No. of actions taken||1||6||1||8
* 2017 performance of compliance support & management system (concerning labor)
SK Innovation conducted risk management assessments related to human rights, labor, and conflict minerals on 832 suppliers in the supply chain, of which 201 companies were identified as being high-risk. For the suppliers that needed to improve their diagnosis and evaluation results, we established plans to implement corrective measures, and we also required them to make improvements to their risk factors. The human rights audit was conducted for all employees of SK Innovation and those of our suppliers. However, the following categories of individuals including 1) children, 2) indigenous people, and 3) migrant workers were not included in the audit results because none of them are directly engaged in a part of our management activities.
SK Innovation and all of its subsidiaries are investigating every year to check whether human rights have been violated internally. The result of conducting an autonomous investigation in 2017 to check on any internal violations of human rights shows no cases of minor child labor, and no cases of forced labor. However, we discovered 14 abnormal cases after the investigation, and six out of the 14 cases were assessed as not needing any countermeasures, as they were simple inquiries, incorrect reports, and so forth. Moreover, there were no cases where human rights of the underprivileged have been infringed, although some abnormal symptoms were discovered when investigating any infringement of human rights in terms of working hours, including salary, prohibition of discrimination, freedom of association, ethical business management and work safety and environment. For the two business places where eight abnormal cases were found, we established a correction plan through an immediate investigation and completed the necessary corrections immediately. Based on this audit result, SK Innovation has introduced the 2018 Smart Work System (Flexible Working Time) to improve the work environment for its executives and employees and to enhance ‘Work & Life Balance.’.