GS Retail

Ethical Guidelines

GS Retail Code of Ethics

To create the highest value for customers, GS Retail. Pursues ethical practice through fair transaction and competition.

Fair Competition

GS ensures full compliance with local laws and uses legitimate ways to gain competitive edge.

Free Competition
  1. 01. Comply with market rules and build trust with customers by providing high quality products and services worldwide.
  2. 02. Competes fairly without infringing the rights of competitors and taking unfair advantages of their vulnerabilities.
Compliance with Laws
  1. 01. Comply with local laws when operating business in domestic or global markets.

Fair Transaction

All transactions must be conducted based on equal opportunity and free competition
while building mutual trust and collaborative relationships for long-term and sustainable growth.

Fair Transaction Process is Fair Competition and Equal Opportunity and Mutual Growth
  • 01Mutual Growth
    1. 01. Active support should be provided in the form of technical support and management guidelines so that all partners can develop competitive advantages in the market and profits gained through innovation are shared.
    2. 02. Establish a fair, transparent business environment and make mutual efforts to ensure fair business practice.
  • 02Fair Transaction Process
    1. 01. All transactions are conducted fairly and on equal terms with sufficient discussion and negotiation on the conditions.
    2. 02. Any abuse of power or position is allowed.
    3. 03. All necessary information should be made available in a timely manner, and the outcome of transaction is evaluated on a regular basis for further improvement.
  • 03Equal Opportunity
    1. 01. GS provides all qualified companies with equal opportunity when it comes to the registration and selection of partners.
    2. 02. The registration and selection of partners are conducted based on a fair and objective evaluation process and method.

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