Hyundai E&C is taking the initiative in stepping up an effort to seek compliance and ethics management and further increase transparency within the corporate culture. In his New Year’s speech, CEO Jung Soo-hyun expressed his strong will to get rid of negative perceptions toward the construction industry and serve as a driving force behind the change and development of the sector.
In line with this, Korea’s primary builder will give a top priority to modify the mindset of its executives and staff members. As a first step, starting in February, the builder distributed its own educational video in the groupware application.
Hyundai E&C recently began to encourage all the employees working at the headquarters and the construction sites at home and abroad to take a pledge online and take part in an ethics management campaign.
The campaign pledge calls for the employees to comply with the international code of ethics and related policies in order to promote fair trade, prohibit unfair common actions and develop a corporate culture for win-win growth.
On top of this, the company is planning to be committed to providing institutional support for ethics management in a bid to preemptively prevent unfair corporate practices. To this end, the builder will publish the “Compliance Newsletter,” an in-house newspaper, at the end of every month and share information about basic ideas of compliance, domestic and foreign trends and examples, construction-related laws including the new anti-graft law, and examples of legal violations by Hyundai E&C
