The Code of Ethics

Chapter 1. General Provisions
Article 1. Purpose
LogisALL plays a core role in social and economic development by creating values for various stockholders including customers, shareholders, employees, communities and nation, and practice management philosophy that coexist and co-prosper. To do this, we establish the code of ethic as a criterion for decision-making and judgment of actions in management activities.
Article 2. Subject of application
The code of ethics applies to all employees (including non-regular employees) belonging to LogisALL.
Chapter 2. Ethics on Employees
Article 3. Basic ethics of employees
Employees have pride and self-esteem of LogisALL and always keep honest and sincere attitude.
Employees try to maintain and develop personal dignity and reputation of the company with high ethical values.
Employees shall not engage in unethical or illegal acts that may receive criticism from society such as unreasonable instructions, intercession, requests and preferential bestowal which may impair your own and other’s fair performance.
Employees fulfill the responsibilities with creativity and sincerity by sharing management philosophy and vision of the company and empathizing with goals and values the company pursues.
Employees establish their own talents desirable in the age of internationalization and liberalization, and constantly try to meet them through continuous self-development.
Employees shall consider the interests of the company first in case of conflict of interest between company and individual, or between departments.
Employees shall not engage in or serve for-profit duties other than duties without permission and approval of CEO.
Article 4. Prohibition of unfair gain
Employees shall not provide or receive payments or treat to and from job related person that may impair the fairness beyond the limitation accepted by society.
Article 5. Protection of company assets and use of budget
Asset and budgets of the company shall be used for business purposes.
We shall not disclose all tangible and intangible assets of the company to the third parties, and strictly comply with security regulations.
We shall avoid conflicts between company and individual employee. In the event of such a conflict, we shall think the legitimate interest of the company first and act reasonably, and shall draw a line between public and private matters to not to harm the company’s interests.
Article 6. Creation of sound corporate culture
Strictly comply with working hours to prevent any damage to other members, (remove)and perform our duties with responsibility and sincerity.
Respect other members as a person based on faith and trust.
Report honestly without hiding or exaggerating.
Act carefully not to lose one’s dignity and reputation of the company.
Article 7. Interrelationship between employees
Employees shall keep basic courtesies necessary for the work life, (remove)and shall not engage in harassing actions such as unpleasant words or slander of other employees.
Employees shall not form a clique according to academic clique, gender, religion, blood ties and region of origin, and shall not discriminate them.
Employees shall not engage in unfair request, excessive provision of gifts and money transaction (borrowing, guaranteed loan).
The senior shall not give improper instructions to the subordinates, and subordinates shall comply with fair instruction from and reject the improper instructions.
Employees shall not engage in acts that cause sexual intercourse and sexual shame.
Article 8. Transparent information and accounting
Employees shall obtain and manage all information in fair and transparent manner, and record and manage information such as accounting records in accurate and honest manner.
Employees shall not leak or unfairly use information acquired from work to the outside without prior permission or approval of the head of organization.
Employees shall not make false or exaggerated report for the benefit for certain individual or department, (remove)and shall not conceal or monopolize important information.
The company shall publish management information in accordance with relevant laws and regulations to increase transparency and reliability of the management.
Chapter 3. Ethics on Stockholders
Article 9. Protection of interests
We shall do our best to protect interests of stockholders and investors through continuous growth and development.
Article 10. Guarantee of rights
We shall respect the right to know, fair demands and suggestions of stockholders and actively reflect them in management.
We sincerely provide reliable information on overall management including business activities, structure, financial status and performances required by stockholders and investors in accordance with applicable laws and general industry practices.
Chapter 4. Ethics on Customers
Article 11. Customer respect
Employees shall recognize that customers are the reason our presence and goal and always respect customers and think from their position, (remove)and make customers a top priority for all behaviors.
Article 12. Customer satisfaction
Employees shall try to faithfully understand customer’s need and expectation and provide the best products and service that meet them.
Employees shall always listen to and accept customer’s opinion and suggestions, and try to deal with any complaints from customers as quickly and fairly as possible.
Article 13. Protection of customer’s interest
Employees shall protect assets, intellectual, sales secrets and personal information of customers more preciously than company’s assets, and shall not infringe customer’s interests due to immoral acts.
Employees shall provide information what customers should know or should be informed in accurate and prompt manner.
Chapter 5. Ethics on Trading Partners
Article 14. Compliance with trade laws
Employees shall comply with the laws and regulations of the relevant countries and regions and respect domestic and international commercial practices in all business and sales activities.
Employees shall respect market economic orders, comply with all laws and regulations and actively participate in domestic and overseas fair trade based on responsibility and transparency.
Employees shall try to contribute to the development of fair society with no corruption by improving fairness and reliability of trade such as anti-corruption and fair competition.
Article 15. Fair trade
Employees shall give equal opportunities to qualified individuals or organizations in bidding and conclusion of contract for construction, service and purchase of goods conducted by the company.
Employees shall ensure that all transaction are conducted fairly in equal position but open and universal workplace transparently.
Employees shall not request money and valuables by using their superior position during trading, or unreasonable demand such as forcing unfair trade condition or intervention in management.
If anyone finds that employees have violated the regulations regarding performance of one’s fair duties, they can report to CEO or the organization of ethical management in various ways including internet, Fax, telephone, etc.
If a violation is reported in accordance with the provisions of Article 4, ensure that the reporter does not have any disadvantages due to such report, and organization in charge shall investigate and handle reported violations.
If such behavior is judged as a violation in accordance with the provisions of Article 5, necessary measures such as disciplinary action according to the personnel regulations.
Chapter 6. Ethics on the Nation and Society
Article 16. Contribution to the development of nation and society
Employees shall contribute to the development of nation and society by making company as a sound company and creating social value through reasonable and responsible management.
Employees shall humbly accept reasonable demand of each class of society and residents try their best to resolve them as a member of local community.
The company shall actively support employee’s participation in social activities and make efforts for cultural and economic development of local community.
Article 17. Prohibition of unfair political activities
The company shall not be engaged in politics unfairly and shall not provide illegal donations or expenses to political parties, politicians and candidates.
The company shall respect the political opinions of individuals. However, employees shall be careful so that individual's political views are misinterpreted as the company's political position.
Article 18. Safety and prevention of risk
Employees shall make every effort to prevent disaster and risk by complying with safety laws and standards.
Article 19. Eco-friendly management
Employees shall comply with domestic and international laws and international agreements related to environment, (remove)and make every effort to preserve a clean environment.
Employees shall make every effort to prevent all pollution that gives negative effect on public health and well-being.
Employees shall promote the use of sustainable resources through prevention of environmental resources and improving efficiency of use of raw materials.
Employees shall make every effort to relieve climate changes and ecosystem changes such as inhibiting greenhouse gas emissions.
Article 20. Harmony of labor and management
Employees shall keep in mind that all labor and management are owners and strive for coexistence and prosperity based on trust and harmony.
Article 21. Compliance with international management standards
Employees shall comply with international conventions and related regulations on investment and trade including combating bribery convention of international trade law in international transactions, respect local laws and culture and contribute to the economic development of local countries.
Chapter 7. Supplementary Rules
Article 22. Obligations and responsibilities
Employees have a responsibility and obligation to comply with code of ethics.
Leaders of organization (executives, directors, team leaders) are responsible for supporting and managing members and business stakeholder so that they can properly understand the code of ethic and comply with it, (remove)and set themselves an example by taking the initiative.
In case of violation of the code of ethics, appropriate disciplinary action and measures will be given according to the relevant regulations and procedures.
Article 23. Subjects and roles of ethical management
① Organization in charge of ethical management
As a dedicate organization that is guaranteed for independence of activities, it is in charge of the management planning office until a separate organization is established, (remove)and perform the overall ethical management tasks such as planning, adjusting, operating and supervising of ethical management system.
② Director of ethical management
Executives and directors of each organization are responsible for the implementation of ethical management such as establishing and implementing practices of ethical management, (remove)and manage and supervise organization members so that they don't violate the ethical management.
Article 24. Awards and discipline
Representative director shall give rewards to employees who have complied the code of ethic and contributed to the establishment of ethical management such as reflecting on personnel evaluation.
Representative director shall take necessary measures such as disciplinary action against employees who have violated the code of ethics. However, specific violations for disciplinary actions shall be determined separately in practice guidelines.
Types, procedures and effects of disciplinary actions under the clause 2 shall be in accordance with the disciplinary regulations of the company.
Article 25. Operation of the code of ethics
Representative director shall continuously supplement, develop and operate the contents of the code of ethic according to the organizational development and environmental changes.
Representative director shall comply with the code of ethics and specify necessary details for criteria of judgment, processing and operation required to maintain the integrity of the employees in the practice guideline.