Business Ethics
POSCO, a public listed company in NYSE, is gorverned by Foreign Corrupt Practices Act of 1977 (FCPA) under United States of America. As a result, all employees of POSCO Group must strictly comply with it, as well as the principles of ethics and Code of Ethics set by POSCO in all aspects of business.
POSCO enacted the code of ethics in 2003 that must be adhered to by all employees, and explicitly included the US Human Rights that claim to support respect for human life and dignity in 2014. At this time, POSCO has amended the code of ethics with tighter ethical standards according to the intent of management innovation that places the highest value on ethics in management.
This is how we all can proudly preserve the credibility of POSCO as we know it today, formed by the blood, sweat, and tears of our founding members.
Code of Ethics
As part of POSCO Group, we seek to become a trusted and respected enterprise by deeply understanding that ethical management is the greatest value we must uphold in order to co-exist and co-prosper with our stakeholders and society. We must comply with laws and ethics based on the ethical management philosophy of “doing the right thing in the right way,” and we pledge to comply with the Code of Conduct and to ensure that ethics and integrity are at the heart of our culture and business operations.
Supplier Code of Conduct
POSCO Supplier Code of Conduct (“Code of Conduct”) sets out the details of the basic principles that Supplier must comply with in conducting various business activities, including commitments to a safe workplace environment, the treatment of workers with dignity and respect, and moral and ethical business management.
As part of POSCO Group, we operates business in line with applicable national and international laws, with integral stipulations and guidelines. We expects all suppliers and their subcontractors (collectively, “Supplier”) to share these values and act accordingly.
Online Report - Ethical Concern
At POSCO-MKPC SDN BHD, we maintain a zero-tolerance policy toward unethical conduct, fraud, or criminal activity. We are committed to taking swift and decisive action against any wrongdoing, whether perpetrated by employees, customers, vendors, or third parties.
If you suspect or become aware of any ethical concerns, fraudulent behavior, or questionable business practices, we encourage you to report it immediately. You can submit your report securely by filling out the online form below, or directly via our headquarters' website > POSCO Ethical Misconduct Reporting Portal
POSCO-MKPC - Ethical Reporting Agreement
- POSCO-MKPC collects only the minimum personal information necessary to facilitate a thorough investigation.
- We reserve the right to use the submitted information and evidence for internal disciplinary investigations, corporate actions, or legal proceedings.
- Personal information and uploaded evidence will be retained from the time of submission until a deletion request is made. However, if any evidence is submitted to a regulatory or law enforcement authority, its retention period and usage will be governed by that authority's official regulations.
- POSCO-MKPC strictly prohibits any attempts to track down or uncover the identity of an anonymous reporter.
- Disclosing or implying the identity of the reporter or any collaborating parties without explicit consent is strictly prohibited. No employee may leak a reporter's identity, even if they accidentally become aware of it.
- Disadvantageous actions or retaliation against a reporter regarding staffing, career progression, or workplace treatment are strictly forbidden.
- Any violators of these identity protection and anti-retaliation policies will face strict disciplinary action or punishment.
- All reports filed online are securely directed to and processed exclusively by the Ethics Department.
- Cases may be excluded from investigation if they have already been resolved, lack sufficient specific evidence, are found to be based on false information, or involve unverified identities where the reporter cannot be contacted for necessary clarification.