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| POSCO E&C is operating the corporate ethics task force to ensure that ethical management does not become a mere slogan and that it is actually practiced. The corporate ethics task force carries out a variety of activities ranging from the establishment of the ethics-related system to the education of the employees and public relations to ensure that each one of the employees makes a habit of practicing ethics. |
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| POSCO E&C has been operating the website of ethical management separately in order to enhance the practice of ethics since it proclaimed the code of ethics. In September 2005, we strengthened the function of cyber-reporting and the management of counseling rooms by consolidating the existing code of ethics, fair trade and cyber-reporting, and revamped our website to help visitors better understand the overall status of the companys ethical management. |
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| We are operating the corporate ethics voluntary practice program, a proactive and systematic activity designed to enhance the companys practice of ethics, by encouraging the employees to check their own performance in the practice of ethics, to identify ethical weaknesses and problems through division-based discussions, and to carry out activities for improvement. |
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| In order to check the performance in the practice of ethics in each division and enhance the practice of ethical management, we have carried out the evaluation of the practice of ethics in each division every year since 2005 to motivate the employees to actively participate in the activities of ethical management, and we have conducted surveys on the performance in the practice of ethics, targeting the employees and subcontractors, to diagnose the performance and progress in the companys overall practice of ethics and to identify weaknesses, which we have been reflecting in our decision to setting the direction of activities. |
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| POSCO E&C is operating the ethics counseling room in order to provide the employees with standards for ethical judgment related to the performance of their duties. In addition to the ethics counseling rooms on the website of ethical management, counseling services through phone, fax or mail to the corporate ethics task force are available at the convenience of users. |
