Ethics management and compliance management are considered priorities in all management activities and decision making, and they are the essential elements to be followed and are the minimum principles that members should observe.
Members must always clearly distinguish the public from the private, and should conduct their business fairly and transparently.
To comply with all laws and regulations related to management activities and not to violate them, we must fully understand and actively implement the related matters so as not to cause financial loss or external image loss of the company.
Ethical management
Ethical management
Social responsibility
Economic and legal
responsibilities
responsibilities
- Internal control (unethical)
- Continuous profit generation
- Compliance with general internal and external regulations
Ethical
responsibility
responsibility
- Code of Ethics, Ethical management
- Compliance with ethical standards established on conventional wisdom
Social
responsibility
responsibility
- Social contribution
- fulfillment of the roles as a responsible corporate citizen
Ethical development stage of enterprise
Immoral stage
- Collaborating by ethical principles
- Ethics First
Policy /
development stage
development stage
- Balance of ethics and profits.
- Establishment / establishment stage of company foundation such as establishment of corporate tenet, announcement of code of ethics committee.
Introduction stage
- They recognize that fulfilling corporate social responsibility is profitable for the company.
- Serving the community and publicizing it publicly.
Compliance stage
- The idea that it is not unethical unless it is illegal.
- The idea that ehtics is not above the law.
Immoral stage
- The idea that only business owners and managers are important stakeholders.
- The idea that focuses on maximizing profit at any cost.
STEP 5. Immoral stage
- Collaborating by ethical principles
- Ethics First
STEP 4. Policy/development stage
- Balance of ethics and profits.
- Establishment/establishment stage of company foundation such a establishment of corporate tenet, announcement of code of ethics committee.
STEP 3. Introduction stage
- They recognize that fulfilling corporate social responsibility is profitable for the company.
- Serving the community and publicizing it publicly.
STEP 2. Compliance stage
- The idea that it is not unethical unless it is illegal.
- The idea that ehtics is not above the law.
STEP 1. Immoral stage
- The idea that only business owners and managers are important stakeholders.
- The idea that focuses on maximizing profit at any cost.
Ethical Management Practice Structure (3C)
| Classification | Ethical behavior standards | Establishment of organization and a system for promotion | Forming consensus for members for Vision |
|---|---|---|---|
| Component | Code of Conduct | Compliance Check Organization | Consensus by Ethic Education |
| Purpose | Providing specific and codified guidelines for members that serve as a basis for business ethics | Organization and various systems to realize ethical management | Forming consensus among members through daily education |
| Execution | Code of Ethics/Practice Guidelines, Integrity Contract System, Guidelines for Ethical Management | Ethics Management Steering Committee, Internal whistle-blower system, Whistleblower protection system | Education and in-company promotion program |
Pursuing ethical management
value through DOPCO’s Vision
Introduction/Operation of CP(Compliance Program)
DOPCO has introduced CP (Compliance Program), is conducting self-education and regular monitoring to comply with laws and regulations related to fair trade, and is implementing eight key elements.Code of Ethics
- Chapter 1) Basic Ethics of Members
- Chapter 2) Attitudes Towards Customers
- Chapter 3) Responsibility for Shareholders
- Chapter 4) Coexistence with business partners
- Chapter 5) Contribution to the nation and society
- Chapter 6) Safety and environment first-rate management
- Chapter 7) Responsibility for members
- Chapter 8) Applying and Implementing Code of Ethics
Chapter 1) Basic Ethics of Members
- ①As members of DOPCO, we take pride in ourselves and always perform our duties with the idea that we represent the company.
- ②We will make clear distinction between what is public and what is private and conduct business in a fair and transparent manner.
- ③We will always strive to maintain the dignity of the individual and the reputation of DOPCO with high ethical values.
- ④We will establish a corporate culture that puts value on mutual respect among members and can work voluntarily and passionately.
Chapter 2) Attitudes Towards Customers
- ①We will continue to satisfy customers, gain trust from customers, and eventually develop with customers.
- ②We will always listen to customers' opinions and constantly strive to create value for them.
- ③We will protect your property and information in accordance with relevant laws and regulations.
Chapter 3) Responsibility for Shareholders
- ①We will maximize our corporate value with efficient management through continuous change and innovation and share the results with shareholders.
- ②We will implement transparent management centered on the board of directors and respect the legitimate demands and suggestions of shareholders.
- ③We will comply with generally accepted accounting standards and disclose corporate information in accordance with relevant laws and regulations.
Chapter 4) Coexistence with business partners
- ①We will provide fair trade opportunities to partner companies, not engage in unfair practices using a superior position, and pursue mutual benefits and common development.
- ②We will compete with competitors in good faith based on mutual respect.
Chapter 5) Contribution to the nation and society
- ①We will contribute to society through economic development, social and cultural activities, and do our best to conduct management in accordance with social norms and ethical standards.
- ②We will reject any absurdity that hinders sound business activities.
- ③We will faithfully carry out the various duties imposed by the local community, such as the state and local organizations.
Chapter 6) Safety and environment first-rate management
- ①We will make every effort to prevent and reduce environmental pollution to protect nature and to preserve a clean environment.
- ②We will observe all laws and regulations related to safety and the environment.
- ③We will contribute to social development through eco-friendly management.
Chapter 7) Responsibility for members
- ①We will deeply recognize the members’ dignity and value and respect their fundamental rights.
- ②We will provide fair treatment according to ability and contribution level through fair and reasonable personnel management.
- ③We will create a pleasant workplace to be able to work with confidence, awareness of participation, responsibility and authority to make it rewarding
Chapter 8) Applying and Implementing Code of Ethics
- ①Scope of application
1) Code of Ethics applies to companies and their members.
2) It is an encouraged practice for stakeholders of the company to understand this code of ethics. - ②Practice of Code of Ethics
1) The Company enacts a Code of Ethics Practice for the practice of the Code of Ethics.
2) The Ethics Management Committee shall be established and operated for deliberation and resolution on ethical management, and the details of such regulations shall be determined separately.
3) The company encourages the practice of the code of ethics and can establish and operate a separate organization that can lead / help / check.
Addendum
- Effective Date : This Code of Conduct will be effective from January 1, 2007.
- Revision Date : This Code of Conduct will be effective from September 13, 2010.
8 key elements
① Arrange and implement CP standards and procedures
- Execute the operating rules of fair trade compliance program
② State CEO’s commitment
- Announce fair trade compliance program. / member’s pledge
③ Appoint a CP manager
- Designate staff fully responsible for CP operation
④ Publish and distribute a fair-trade compliance guide
- Build internal guidelines for fair trade compliance
⑤ Provide compliance training
- Business/department-specific training, seminars/meetings for executives and employees, externally-provided programs, etc
⑥ Build an internal supervision system
- Form a fair trade compliance committee and establish management rules
⑦ Sanction fair-trade law violations
- Build a sanctioning system against executives/employees violating the fair trade law
⑧ Effectiveness assessment and improvement
- Inspect, assess, and improve CP standards, procedure operation, etc