Human Rights Management
Hankuk Carbon is
Hankuk Carbon is
fulfilling our obligations
as a responsible member of the community.
Fair Trades
Hankuk Carbon observes fair market competition based on its management's robust compliance commitment and protects consumers' interests.
Principles for Suppliers
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01We negotiate and trade fairly with our suppliers based on mutual respect.
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02We do not impose unreasonable demands or unwanted trade conditions on our suppliers.
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03We do not unfairly disadvantage our suppliers or demand economic benefits from them.
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04We do not unfairly request or infringe on our suppliers' management information, technical data, intellectual property rights, or physical property rights.
Compliance with the Fair Trade Guidelines
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Contract Conclusion
- Providing a written agreement before signing a contract
- Determination of unit price by a reasonable calculation method
- Clear delivery dates
- Objective delivery inspection standards
- Reasonable payment due dates based on mutual agreement
- Reasonable return processing for defective products
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Supplier Selection and Operation
- Disclosure of supplier selection criteria, procedures, and results
- Ensure specificity, clarity, and fairness of selection criteria
- Disclosure of criteria and procedures for deregistration of suppliers
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Establishment and operation of an internal review committee for subcontracting transactions
- Holding yearly meetings of the internal review committee
- The committee deliberates in advance on the fairness of the contract signing and pricing process, the Subcontracting Act's legality, etc.
- The internal review committee deliberates in advance on the appropriateness of the criteria and procedures for registering and canceling supply (subcontracting) companies
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Issuance and preservation of documents
- Issuance of a written subcontract agreement
- Written contents: consignment date, contents, quantity and unit price, purpose of consignment, etc.
- Hankuk Carbon issues written contracts without delay after agreement of contract details with subcontractors.
- Documents are preserved in their original form when issued, delivered, or otherwise used.
- The contract subject keeps the document above for three years from the end of subcontract trades.
Fair Trade Practices Program
Compliance Program Hankuk Carbon operates a Compliance Program to foster a fair and transparent business culture. Through this program, we continuously implement pre-business consultation systems and risk assessments, strengthening trust-based relationships with our partners.
Additionally, we have established an operational framework composed of dedicated personnel and partner representatives to systematically manage fair trade-related issues and uphold human rights and compliance management.