Company
Company
KORLOY strives to become the most competitive company
in the world to share happiness with people in the world.
in the world to share happiness with people in the world.
ESG (Corporate Sustainability Management)
KORLOY is committed to ESG management for a better future.
KORLOY will contribute to the advancement of related
industries, create employment, and fulfill its role and
responsibility in contributing to the development of the
country and local communities by continuously providing ESG
management products and services in the cemented carbide
cutting tool industry for the creation of economic, social,
and environmental value in human life.
- Environment Based on the founding philosophy of social contribution and entrepreneurship, KORLOY will strive to become an eco-friendly manufacturer that takes a leading role in improving climate change and other environmental issues in order to create a pleasant and clean future.
- Social KORLOY will strive to ensure the happiness and diversity of all stakeholders, respect their rights as human beings, and above all, work towards creating a safe and healthy work environment.
- Governance KOLOY will strive to become an exemplary corporation with ethical management, practicing love and volunteering in local communities for sustainable management, through sound corporate governance.
Governance
We will conduct active corporate management with an
efficient department structure with independence and
diversity,
and provide continuous value for companies and society
through professional management.
Norm of ethics
KORLOY establishes ethical norms as the criteria for correct
behavior and value judgment
that members should follow, establishes guidelines for
ethical norms, and presents specific standards together.
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Basic ethics of members As a member of the company,
we take pride in performing our duties faithfully in the attitude of always representing the company in our position. -
Attitude toward for customers By continuously satisfying customers, we gain trust from customers and ultimately develop with them.
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Responsibility for cooperator Increase the value of enterprises and conduct efficient management for co-prosperity with cooperator.
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Role toward the society It not only contributes to economic development but also grows with society through social value creation.
Ethics Guidelines
Provides criteria for making decisions and how to react to ethical dilemma situations while working
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Accepting Bribes
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Treat and Pass-along
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Request
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Performance of One’s duties
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Information Utilization
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Basic Ethics
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Others
Ombudsperson system
Code of ethics
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01Compliance with the laws and regulations of the respective country
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02All Activities and relationships of KORLOY that are honest, fair, and trustworthy
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03Creating an environment where fair employment practices apply to all KORLOY employees
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04Creating a safe working environment and making efforts for environmental protection
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05Exercising leadership to establish an advanced corporate culture that all employees recognize, value, and take as a model for ethical behavior
KORLOY Ethics Management Counsel report
E-mail : goh@korloy.comAdress : Holystar B/D, 326, Seocho-daero, Seocho-gu, Seoul, 06633, Republic of Korea
Management Support Team Leader
The whistle-blower protection policy
- The identity of the informant and the contents of the report are kept strictly confidential so that they are not disclosed against their will.
- The informant is not subject to any disadvantage or discrimination in status due to the reason for the legitimate informant.
- Those who cooperated in the investigation by making statements or providing data in the process of confirming the facts of the report are also protected the same as the informant.
- Violations of the "Informant Protection Policy" such as searching for informants, retaliation, and leakage of informants are strictly prohibited.
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If the informant is disadvantaged by the report, he/she
may request the ethics management department to correct
and protect it,
and the ethics management department will take all measures to minimize the disadvantages.
Stakeholder communication
KORLOY has happiness management as its management
philosophy, and we want to define customers, members,
investors, partners,
and communities as major stakeholders and communicate in
various ways.
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CustomerCustomer satisfaction survey
Homepage FAQ
Customer counseling(ARS) : permanent
Technical course : permanent
Stakeholder survey(Planned) -
MemberStakeholder survey(system)
Evaluation, coaching program(regular)
Joint labor-management conference(quarter)
Open-i(once a year)
Stakeholder survey expansion(planned) -
InvestorShareholders meeting(regular)
board of directors(monthly) -
CooperatorPurchasing, Ordering system(KPOS)
Accompanying/coexistence and growth(O/S regular meeting)
Cooperator individual visit(permanent)
Cooperator regular meeting(halfly) -
CommunitiesSupporting Youth
Together activities
Charity Fundraising
(powered by Community Chest Of Korea)
Charity
- Coworking with Local Government
- Religious organizations
- Scholarships
