We depend on ethical management to guide us when making decisions using value judgments in all management activities. We do this to be fair and transparent. Consequently, our management is able to lead by example and our performance across our organizations continuously improves.
We declared our Ethics Charter over 20 years ago in April 2003. Since then, our efforts have increased to put an end to unethical activities and questionable risk-takings by employees and partners. We are conducting activities that are aligned to our Ethics Guideline. To ensure their executions, we have created an independent committee to enforce ethics within our company, systematically and objectively.
Hanwha Chemical operates an Ethical Management Committee chaired by the CEO. The Ethical Management Practice Secretariat supervises the management activities conducted throughout the company. The mission of the Secretariat is to foster ethical management principles by raising awareness among all employees and encouraging activities that promote honest, compassion, fairness and respect at all times.
Hanwha Chemical has an Ethics Guideline that focuses on respecting customers and adhering to the laws and customary commercial practices everywhere we do business. We use our Ethics Guideline as our standard that we follow, to guide us in our decision-making and by which we can be judged by all stakeholders. We promote ethical management by sending out corporate-wide notices and text messages on standards of behaviors and ethics.