Ethics Management
LION KOREA is a pioneer that leads a healthy and pleasant lifestyle.
Charter for Corporate Behavior
We, the Lion Group, shall, in addition to being an economic entity designated to pursue profits through fair competition, act as a social entity that contributes to society at large. We shall respect human rights and conduct ourselves with initiative in a socially responsible manner toward the creation of a sustainable society, observing both the spirit as well as the letter of all applicable laws and international rules and not harming the public interest, both in Japan and abroad, in accordance with the following 10 principles.
Compliance
LION Group has been evaluated as highly trusted company in virtue of hard work of employees and that trust has been the driving force for the social development. We are to newly stipulate the code of conduct that has been developed up to date and take it as the standards for our actions to develop more in this rapidly changing environment.
It is necessary to establish a structure where all employees of LION Group can understand clearly and perform their duties. Compliance refers to observing legislations, and also reinforcing ethics so that we can satisfy expectations and requirements of our customers and many shareholders sufficiently as a member of society. Ethics refers to moral principles to be observed as human beings and the details are not to lie, to keep social norms, not to harm others and to respect others. LION Group is to introduce and practice LION Corporate Code of Conduct on the basis of such principles.
We resolve and declare to comply LION Corporate Code of Conduct as a valuable company to help the society.
Sang-hun Han, CEO of LION KOREA Corporation
Organization Chart of Compliance Committee
| Position | Task |
|---|---|
| Compliance manager |
|
| TF Team |
|
| CP Manager |
|
CEO of LION KOREA declared the will to comply with fair trade internally and externally on April 1st, 2006 and appointed Jin-hyeong Kim, head of team, as a manager of compliance on January 1st, 2014.
Compliance Manager
On behalf of the CEO, the Compliance Manager has overall authorities and responsibilities on internal fair trade compliance including the authority to order design and operation of compliance program for preventing violation of the Fair Trade Act; organization administration; inspection on operation condition; monitoring/overseeing; sanctions; and improvements/corrections.
LION KOREA Compliance Manager Information- TeamRisk Management Team
- Positionhead of team
- NameJin-hyeong Kim
- Telephone+82 - 2 - 6363 - 1033
- Fax+82- 2 - 6363 - 1019
Purpose of Compliance Training
Training Period
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Scheduled Training
- Twice a year (the first half / the second half)
- Over two hours per training
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Regular Training
- When there are changes in practical standards due to institution and law changes
- When necessary to implement by organization/duty
- When deemed necessary by Compliance manager and responsible personnel
Training Contents
Customized training by duty/rank
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Understanding of fair trade related key laws, announcement and guidelines
Unfair trade, Unfair joint action, Market-dominating enterprise, Subcontract transaction, Labeling and advertising
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Compliance Program Manual
Guideline for fair trade compliance
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Sharing Previous Practices
Major violation types and latest decisions of the Fair Trade Commission (FTC)
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Others
Fostering fair trade related personnel and etc.
Training Schedule
Flexible operation for training targets, contents and time
| Target | Time | Detail |
|---|---|---|
| Everyone in Sales and Marketing | September |
|
| Personnel in charge of Administration | April, October |
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| New Employees | June, December |
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| Managers by organization and Responsible Personnel | Frequent |
|
Training Record Control
Promote systematic knowledge acquisition of working-level staffs by managing results of training completion by position/rank.
Object Fair Trade Compliance Prevention Activity
Operation Plan
Ethics Management Hot Line
Information of Ethics Management Report
Report corrupt activity from LION KOREA employees and ethically manage improper practices and policies
Ethics management hot line is a system to receive reports on misconducts of LION KOREA’s employees or improvements, suggestions on wrong practices or policies made by the company’s stakeholders, such as LION KOREA employees, employees of partner companies, customers and shareholders, etc.
Management division in charge of LION KOREA’s ethics management implements fact confirmation on the received reports and is equipped with a system to guarantee secrets and identities for safe report by reporters (proposers).
A closed investigation is available at a report’s request and anonymous reports based on facts with specific details are investigated, in principle. For your inquiries or ideas on the ethics management, LION KOREA will forward your feedback to the management and reply as soon as possible.
AL Heart Hotline
Within the Lion Group, when a Group employee or customer becomes aware of any conduct in actual or suspected violation by the Group or its employees of laws or corporate ethics (as defined in the Lion Group Charter for Corporate Behavior or the Behavioral Guidelines), or otherwise wish to consult about any other ethical problems, they are entitled to consult with or notify the internal or external notification (whistleblowing) window (AL Heart Hotline).
Notification (Whistleblowing) Window
■ Person responsible for corporate ethics in the company
Address for document submission: “Attn: Person responsible for corporate ethics, Auditing Office, Lion Corporation”
1-3-28, Kuramae, Taito-ku, Tokyo 111-8644 Japan
Email address (for this purpose only): ethics@lion.co.jp
■ External attorney
Address for document submission: “Attn: Attorney-at-law, Shuji Yamaguchi Okabe & Yamaguchi Counselors at Law”
5F, Eiha-shinkawa, 1-5-17, Shinkawa, Chuo-ku, Tokyo 104-0033 Japan
Email address (for this purpose only):al-hot@olo.gr.jp
Persons eligible to use the Hotline
The Hotline is available to not only the Group’s regular employees but also all Group workers, including casual employees (such as part-time employees), dispatched employees and contracted employees as well as those who have transactional or any other relationships with the Group
Method of consultation and notification
To ensure the content of the complaint is clearly and precisely described, if possible, please provide documentation or an email.
To enable the sufficient and prompt identification of facts as well as feedback on investigation results and future actions, please disclose the identity of the notifying person (name, department, company name). Note that, in the event of notification on an anonymous basis, the factual investigation may prove insufficient and, further, that such feedback will not be possible. Also, when submitting a notification to an external attorney, the notifying person may request for masking of his/her name when being transferred to the person in charge of corporate ethics in the company
Regarding the content of such consultation and/or notification, please describe the relevant acts of violation of laws or corporate ethics in as much detail as possible, by specifying “when,” “where,” “who,” “what,” “for what purpose,” “how” and “what are the consequences.
- Reporting form
Flow after receiving consultation and/or notification
We will promptly verify the facts through the consulting and/or notifying person, and then evaluate the seriousness of the factual details. Depending on the nature of the case, it will be reported to the top management
After factual investigation, if certain non-compliant acts have been established, we will, under the top management’s knowledge sharing and instructions, take steps towards settling the shape, resolving the issues, and then taking remedial actions for prevention of recurrence. Also, the violators will be strictly sanctioned.
The window receiving the consultation and/or notification will feedback the relevant consulting and/or notifying person
Whistleblower and Consulting Protections
The privacy of individuals who use the hotline for consultation or reporting as well as the privacy of those who are the subject of such reporting is protected
The staff tasked with investigating and responding to consultations and reports maintain strict confidentiality regarding such consultations and reports and their content.
Individuals shall not be treated disadvantageously for having used the hotline for consultation or reporting.
Individuals shall not be treated disadvantageously for cooperating in investigations, etc.