Hanwha Chemical introduced the Compliance Program in 2003 and has since been diligently implementing it. This program is intended for companies to abide by fair trade regulations that ban cartels and unfair trade practices in order to protect consumers and achieve balanced development of the economy.
Fair Trade and Mutual Cooperation Commission
Launched in 2017, the Fair Trade and Mutual Cooperation Commission is an organization for planning, executing, and supervising fair trade and mutual cooperation programs.
Main Activities in 2017
- In-house trainings and participation in outside trainings on fair trade compliance
- Seminars for business partners presided over by the CEO
- Adopted measures mandating cash payment to second-tier subcontractors
- Consulting service offered to business partners for SHE improvement
- Diverse activities promoting fair trade and mutual growth, e.g. sponsoring business partners' participation in overseas exhibits
Win-Win Partnership
Hanwha Chemical has signed a Win-Win Partnership Agreement with its business partners to lay the groundwork for mutual growth based on trust, in part of which diverse programs are carried out to provide technology and financial support to our business partners for their substantive growth.
