GS Retail

Ethical Practice Introduction

FAIR GS
Striving for satisfaction,
trust and pride.

Ethical practice is not a restriction but the backbone of any business that
guides its corporate culture. Since 1995, we have engaged in various activities
to ensure ethical practice under the guidelines set by GS Group.

Purpose & Objective

  • Create Just Workplace

    Build the foundation for social
    justice for the corporation.

  • Gain Competitive Edge

    Strengthen the competitiveness
    of the company and the country
    from a long-term perspective.

  • Resolve Conflicts

    Resolve conflicts among members
    by setting a clear code of conduct.

History

Under the GS Group’s ethical guidelines, we have engaged in various activities to ensure ethical corporate practice since 1995.

Apr. 2003
~ Present Continued Development
  • Group Activities - Organized a TFT for ethical practice (Apr. 2003).
    - Enhanced the monitoring process to ensure ethical,
        fair and transparent practice of sister companies.
  • Company Activities - Shifted the focus from uncovering corruption to taking preventive measures.
    - Established a website dedicated to ethical practice (Jul. 2003).
2002
~ Mar. 2003 Build Foundation for Ethical Practice
  • Group Activities - Implemented a system to reflect the results of evaluation.
    - Monitored compliance with the code of ethics.
  • Company Activities - Established and announced the detailed guidelines for the code
        of ethics after the 3-company merger in July, 2002.
    - All employees and officers pledged compliance with the code of ethics.
    - Continued ethical training for new employees.
1995 ~ 2001 Build Foundation for Ethical Practice
  • Group Activities - Fair, honest, and ethical reports of 1993
    - Established and announced the code of ethics and the system for
        fair practice in 1995.
  • Company Activities - Code of ethics compliance unit: Audit Team (1996) Distribution CU
    - Conducted ethical training and pledged to comply with the code
        of ethics in April 1996: Asst. Manager or higher ranks corporate-wide
    - Organized a report center for unfair practice and continued
        anti-corruption internal audits.

GS TOWER, 508, NONHYEON-RO, GANGNAM-GU, SEOUL, 135-985, KOREA

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