Samsung Complies with Laws and Ethical Standards:

 

Samsung respects the dignity and diversity of individuals:

Samsung respects the basic human rights of all people. Forced labor, wage exploitation and child slavery are not allowed under any circumstances. They do not discriminate against nationality, race, gender, religion, etc. and treat all stakeholders and parties like customers or employees.

 

Samsung competes fairly in accordance to law and business ethics:

They comply with all rules of other countries and regional communities, respect market competition order and compete in a fair way. They do not make unfair profits by unlawful means from bad trade ethics. Samsung does not give or take compensation gifts, bribes or treat people while conducting business activities. 

 

Samsung maintains transparent accounting through accurate accounting records:

They record and manage all transactions accurately to make all stakeholders clearly understand our business activities comply with accounting standards that are used internationally, as well as accounting regulations of each country. As prescribed by law, they are transparent with company information and the main aspects of management, such as financial changes in the company. 

 

Samsung does not intervene in politics and maintains neutrality:

They respect political rights and political decisions of a person, and do not conduct political activity within the company. They do not use the company’s funds, manpower, facilities, etc. for political purposes.

 

Samsung maintains a clean organizational structure:

 

Samsung employees strictly keep one’s private and public life separate from all business activities.

In the case of a conflict between the company and a person, Samsung gives priority to the company’s legal interests. They do not espouse personal interests using the company’s property and own position and are not involved in any inappropriate activities such as misuse or embezzlement of the company’s assets. They do not have dealings with marketable securities like the buying and selling of stocks using officially acquired information. 

 

Samsung protects and respects the intellectual property of the company and other people.

Intellectual property and confidential information do not leave the company without prior permission or approval. Samsung respects the intellectual property of others and are is involved in any acts of infringement like unauthorized use, reproduction, distribution, changes, etc.

 

Samsung creates a healthy atmosphere.

They do not allow any behavior that could harm healthy peer relationships such as sexual harassment, money transactions or violence. Samsung does not form factions that could cause incompatibility inside the group nor do they organize private groups.

 

Samsung respects customers, shareholders, and employees:

 

Samsung makes customer satisfaction their top priority.

They provide products and services that meet the needs and expectations of customers. Samsung has a sincere and friendly relationship with their customers and accepts suggestions and complaints with modesty.

 

Samsung pursues shareholder value oriented management.

They provide long-term benefits to shareholders through reasonable investments and improvement of operational efficiency. Samsung creates stable benefits through steady management activities and enhances the company’s market value. Moreover, Samsung respects the shareholders’ rights, reasonable demands and ideas. 

 

Samsung makes efforts for the improvement of the ‘quality of life’ of their employees.

They provide equal opportunities to all employees and treat them fairly according to their abilities and performance. Samsung continuosly reccommends self-development of employees and supports the improvements required to carry out duties. In addition, they make a work environment that can work autonomously and creatively.

 

Samsung cares for the environment, health, and safety:

 

Samsung pursues eco-friendly management.

They comply with international standards concerning environmental protection, related acts and subordinate statute and internal regulations. Samsung makes constant efforts for environmental protection in all business activities such as development, manufacturing, sales, etc. They take the lead in effective use of resources, like resource recycling. 

 

Samsung puts emphasis on people’s safety and health.

They comply with international standards concerning safety, related acts and subordinate statute and internal regulations. Samsung obeys safety regulations, creates a comfortable work environment and prevents negligent accidents.

 

Samsung is a socially responsible corporate citizen:

 

Samsung performs basic obligations faithfully as an enterprise citizen.

They make an effort to raise faith in the company’s responsibility and obligation as a member of the regional community. Samsung works hard for safe employment creation and sincerely understands the responsibility of tax payments. 

 

Samsung respects the present social and cultural characteristics and have cooperative management (mutual prosperity/cooperation).

They respect the laws, cultures and values of the regional community and contribute to the improvement of the quality of life. Samsung keeps an eye on developing a healthy society through public interest activities such as intellectual and artistic study, culture, sport activities, etc. They actively participate in social service activities like volunteer work, disaster relief, etc. 

 

Samsung establishs relationships between business partners and coexistence and co-prosperity.

They form reciprocal relationships on the basis of business partnerships and mutual trust and realize a business partner is a strategic partner. Samsung intensifies the competitiveness of a collaborating company through legal support and through seeking common developments.