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Ethics
Ethical Management Overview
Jusung Engineering aims to become the "World's Best Company" by achieving technological innovation and gaining customer trust, based on corporate ethics and a transparent organizational culture. All employees share a proper corporate vision and practice sound management by adhering to the Jusung Ethical Code, using it as a standard for behavior and value judgment.
Ethical Charter
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First,
we prioritize customer satisfaction as our highest value and strive to create the best value (products/services) that customers demand.
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First,
we aim to enhance shareholder investment value by achieving stable profits through efficient management.
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First,
we respect the principles of free competition and fair trade, adhere to the laws and trade practices of respective regions, secure competitive advantages through legitimate means, and foster a fair and transparent trade environment to build mutual trust and cooperation for co-prosperity and joint development.
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First,
we respect the human dignity and value of each employee, provide equal opportunities based on individual talents and abilities, ensure fair evaluation and proper rewards, and strive to establish an organizational culture that nurtures creative and challenging talent.
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First,
we respect national and societal values, comply with all applicable laws and regulations, and fulfill our corporate social responsibility by contributing to national and social development through sound business activities.
Code of Ethics
Jusung Engineering recognizes the necessity of ethical and compliance management and has established a Code of Ethics as the foundation for its management philosophy. This code serves as the standard for the thoughts, judgments, and actions of employees to fulfill corporate responsibilities and establish fair trading practices, enabling growth for both Jusung and its stakeholders.
Ethical Management Activities
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Ethics EducationJusung provides ethics education to all employees to guide ethical management in their daily duties. This includes practical case studies and theoretical foundations. Ethics training is a mandatory program for new and experienced hires, delivered through online and offline platforms, as well as periodic sessions for key decision-makers.
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“No Giving, No Receiving” InitiativeTo foster a clean corporate culture and ethical mindset, Jusung enforces a "No Giving, No Receiving" policy. Employees are strictly prohibited from accepting or giving gifts or monetary benefits related to their job and associated stakeholders.
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IR ActivitiesJusung aims to establish itself as a transparent and trusted corporation among shareholders.
By maximizing shareholder value, the company strengthens communication channels with investors and provides real-time management and investment information through diverse platforms.
Management Activities for Preventing Unfair Trade and Unethical Competition
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| No. | Content | Purpose | Frequency | Posting |
|---|---|---|---|---|
| 1 | Ethics and Compliance Management Status Assessment | Conduct audits evaluating the company's ethics and compliance management status (reflected in internal control system evaluation criteria) |
Annual | Reports to external auditors (accounting firms) |
| 2 | SOX_Fraud_Risk_Assessment | Identify and assess risks related to unfair trade and unethical competition (reflected in internal control system evaluation criteria) |
Semi-annual | Reports to external auditors (accounting firms) |
| 3 | Notify partner companies on fair trade and fraud prevention during Seol and Chuseok holidays | Audit activities to prevent unfair trade (reflected in internal control system evaluation criteria) |
Semi-annual | Notices via SCM Site, email |
| 4 | Compliance regulations posting | Post ethical charters and compliance guidelines as a standard for compliance management | Annual | Official website, groupware |
| 5 | Proposal/Report system | Receive and handle suggestions and reports on misconduct (classified and summarized through Jusung Help Line system) | As needed | Official website, groupware |
Workers and Human Rights
Human Rights Management
Jusung Engineering Co., Ltd. respects the dignity and value of all individuals across its business sites and partners and strives to create an environment where everyone can pursue happiness and enjoy a good working atmosphere.
Key Policies for Human Rights Management
Human Rights Risk Management Process
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Planning the Evaluation
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Inspect and analyze environments that may negatively impact human rights
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Identify previously occurring human rights risks and understand potential risks that may arise in future management
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Prioritize and classify risks, then establish an evaluation plan
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Evaluation and Improvement
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Conduct on-site inspections and surveys to review and assess identified human rights risk factors
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Analyze potential human rights risks and assess their severity
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Analyze the causes of risks, prioritize improvements → Establish short-term and long-term human rights risk improvement tasks
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Monitoring
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Verify the effectiveness of improvement activities
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Supplement and improve insufficient corrective actions
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Human Rights Grievance Handling Process
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Report Submission
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Jusung Homepage Suggestion and Reporting System (Jusung Help-Line)
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ligible Reporters: Employees, Partner Companies, Clients, and Other Stakeholders
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Fact Verification and Investigation
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Review of Reported Content
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Fact-Checking and Investigation
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Confidentiality of Reporter Identity and Report Details
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Deliberation and Action
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Personnel Committee Meeting
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Deliberation Based on Relevant Laws and Company Regulations
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Jusung Engineering has institutionalized equal treatment and non-discrimination policies to ensure no discrimination based on education, gender, age, nationality, marital status, health, religion, or political orientation. Job assignments and promotions are granted solely based on performance and business needs.
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Non-Discrimination
All employees are entitled to equal treatment and shall not face discriminatory practices based on gender, age, religion, social status, regional origin, education, marital status, pregnancy, childbirth, or medical history without reasonable justification.
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Prohibition of Forced Labor
The company strictly prohibits forced labor through violence, threats, confinement, or any unjust restriction of mental or physical freedom contrary to an individual's free will.
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Prohibition of Workplace Sexual Harassment
No one shall commit workplace sexual harassment. If an individual involved in work-related matters causes an employee to experience sexual humiliation or discomfort, appropriate measures such as relocating workstations, reassigning roles, granting paid leave, etc., must be taken upon the affected employee's request.
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Response to Client Abuse
If an employee handling client interactions faces verbal or physical abuse, the company must take necessary measures such as temporarily suspending or reassigning the employee's duties, extending rest periods, providing health-related support and counseling, or initiating legal actions like filing complaints or claims for damages.
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Wages and Welfare
The company provides wages and welfare benefits in compliance with legal standards and operates fair and reasonable compensation systems.
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Compliance with Working Hours
The company adheres to laws governing working hours, rest periods, and holiday regulations.
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Prohibition of Forced Labor
The company prohibits all forms of forced labor and establishes fair and transparent employment contracts.
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Prohibition of Child Labor
The company complies with the statutory minimum employment age and adheres to relevant laws and regulations when employing young workers.
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Safety and Health
The company maintains a safety and health management system and complies with laws to prevent workplace accidents.
Status of Human Rights-Related Grievance Reports and Resolutions
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| Category | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|
| Number of Reports | 1 | 1 | 2 | 1 |
| Number of Responses | 1 | 1 | 2 | 1 |
| Number of Resolutions | 1 | 1 | 2 | 1 |
| Cases in Progress | 0 | 0 | 0 | 0 |
Respect for Diversity in the Workforce
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Number of Female Employees
(4 years) -
Number of Female Managers
(4 years) -
Number of High School Graduate Employees
(4 years) -
Number of Foreign Employees
(4 years)
Flexible and Family-Friendly Work Environment
Jusung Engineering prioritizes the happiness of its employees and operates family-friendly policies to ensure they can enjoy happiness with their families. The company offers family care leave and allows parental leave regardless of gender, ensuring no discrimination or inequality in the workplace. Additionally, employees applying for reduced working hours during pregnancy receive their full regular salaries. Flexible working hours further support employees to focus on childbirth and childcare with peace of mind.
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1.Parental Leave
Up to one year of leave for employees needing time to care for children under eight years old
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2.Reduced Working Hours for Childcare
Employees raising children under eight years old may apply for reduced working hours
(15–35 hours per week) -
3.Maternity Leave
90 days of leave before and after childbirth
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4.Paternity Leave
10 days of paid leave for employees whose spouses give birth
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5.Miscarriage/Stillbirth Leave
Miscarriage/Stillbirth Leave
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6.Reduced Working Hours During Pregnancy
Employees within the first 12 weeks or after the 36th week of pregnancy may apply for a two-hour reduction in daily working hours
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7.Pregnancy Health Check Leave
Paid leave for pregnant employees undergoing regular prenatal health checkups
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8.Family Care Leave
Leave available for employees to care for family members due to illness, accidents, or aging
Efforts to Reduce Turnover Rates
*Voluntary turnover: Total annual resignations - involuntary resignations
A reduction of 8 percentage points in 2022
Employee Training
Jusung Engineering provides field and project-based training focused on
developing talent to secure early technical competitiveness and sustain advanced technology acquisition.
Additionally, specialized training programs by function and product structure are implemented to build
core technical capabilities.
The company emphasizes character-focused training alongside skill-based education to nurture well-rounded
talent.
World’s Best People Development
Training Outcomes
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| Category | 2020 | 2021 | 2022 |
|---|---|---|---|
| Training Expenditure (KRW) | 26,988,691 | 196,809,076 | 224,460,427 |
| Number of Trainees | 54 | 374 | 179 |
| Training Hours (h) | 1,491 | 4,577 | 1,918 |
Training Hours (h)
Jusung Engineering aims to be a model company in fair trade by adhering to laws and regulations and building mutual trust with its partners. Through fostering a clean and transparent trading environment and establishing fair trade practices, the company seeks mutual cooperation and co-growth, promoting fair trade compliance management as follows.
- Jusung Engineering clearly understands and voluntarily practices laws and regulations related to fair trade.
- The company ensures transparency in all transactions, guaranteeing fair participation and compliance to build mutual trust.
- Jusung Engineering's members establish a voluntary awareness of fair trade, improving management efficiency and contributing to the development of both the company and society.
- The company promotes free and fair competition to sustain corporate stability and growth.
Fair Subcontract Transactions Diagnosis System
Jusung Engineering operates a proposal/reporting system to assess its
employees' compliance with ethical management and subcontract laws. The system ensures high levels of
anonymity to protect whistleblowers.
The company also confirms facts regarding partners' opinions to
implement corrective measures and strives to create a collaborative environment for mutual growth with its
partners.
Status of Collaborative Activities with Jusung Partners
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| Category | 2021 | 2022 | 2023 |
|---|---|---|---|
| Received Reports | 1 | 3 | 11 |
| Responded Reports | 1 | 3 | 11 |
| Completed Actions | 1 | 3 | 11 |
| Ongoing Cases | 0 | 0 | 0 |
Continuous monitoring and improvement of subcontract transactions to achieve compliance and ethical management
Strengthening systems for mutual cooperation and co-growth with partners
Establishing transparent and fair subcontracting practices among employees and implementing guidelines for compliance management
Company-wide Training on Fair Trade Compliance
Understanding Subcontracting Law
Purpose and Scope of Subcontracting Law
Penalties for Violations
Supply Chain Management
Jusung Engineering aims to be a model company in fair trade by adhering to laws and regulations and building mutual trust with its partners. The company fosters a clean and transparent trading environment and fair trade practices to achieve mutual cooperation and co-growth, promoting fair trade compliance management as follows.
Policies for Strengthening Supply Chain Sustainability
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Supplier Registration
Identification and registration of outstanding suppliers
- Pre-evaluation of new suppliers (Procurement)
- QMS evaluations for new suppliers (Quality)
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Supplier Management
Continuous management of registered suppliers
- Biennial post-evaluation of suppliers
- Implementation of regular quality guidance for suppliers
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Supplier Code of Conduct
Establishment of safe working environments
- Respect and dignity for employees
- Environmentally friendly and ethical business practices
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Partnership
Enhancing cooperation with suppliers
- Regular meetings with suppliers
- Recognition of outstanding suppliers
Information Security
Jusung Engineering possesses proprietary innovative technologies for core equipment in the semiconductor, display, and solar industries. Recognizing that safeguarding technology and enhancing security are critical not only for the company but also for various stakeholders, Jusung continuously strengthens measures to protect critical information assets. Additionally, the company remains committed to promptly addressing information leaks caused by various types of cyberattacks and providing robust and reliable security solutions.