This Code of Ethics is a set of ethical values and a standard of conduct that must be observed and developed by all employees of the POSCO Group as a way of keeping the original spirit alive, contributing to the nation through steel production based on sacrifice and service, and reflecting the soul of today’s generation.
Cultivating a corporate image that stresses integrity, fairness, and honesty, which is trusted by all stakeholders and is the unchanging value that we should aim for. Accordingly, POSCO established the Code of Ethics for all employees to follow in 2003. In 2014, we also included the UN Human Rights Management Framework, which upholds respect for human beings. This time, we revised the Code of Ethics to strengthen the ethics standard in line with our initiative to revamp corporate governance by putting ethics first.
This Code of Ethics is comprised of Ethical Principles and Ethical Practice Standards. Ethical Principles provide the foundational guide for how we interact with stakeholders and state our responsibilities, while Ethical Practice Standards describe the standards upon which we make ethical decisions. All employees of the POSCO Group must strictly observe the Ethical Principles and Ethical Practice Standards specified in this Code of Ethics in all processes in running a business.
This is our way of safeguarding the POSCO Group, built by our predecessors who went the extra mile then to see the group evolve to where it is today.