Compliance Management
CEO Compliance Message
We will achieve sustainable growth based on compliance management.
Transparent and ethical management is the cornerstone of sustainable growth. As increasing demands of transparency and fairness for corporate business in the global market, compliance has become one of the key factors that influence global competitiveness.
“Compliance management” means that a company strives to comply with laws, international treaties, internal regulation and others in all business activities such as fair competition, safety, environment, information security, HR, ER. While the nature of ”passive anti-corruption activities” was strong in the past, ESG perspective has been strengthened in recent years and it is evolving into “integrated prevented action for illegal activities” that reflect the needs of all stakeholders.
LG Display pursue free and fair competition under LG code of ethics, and has continuously endeavored to seek common interests based on mutual trust and cooperation with all stakeholders. We introduced a company compliance management system in 2009, and it has continued to expand its target and scope. Now is the time to further raise the level of trust of customers, partners, and society as a global company by raising the level of the compliance system to meet global standards.
We will continue sustainable growth as a company that leads the market with innovation of technology and products, and fulfilling individual ethics and social responsibility at the same time.
Thank you.
Compliance Management
LG Display promotes compliance management to solidify the foundation for its existence in the rapidly changing business environment and practice sustainable management. LG Display will strive to become a trusted company and maximize corporate value through continuous compliance monitoring, inspection, and training.
Compliance Risk
Management
System
LG Display identifies, analyzes, and evaluates all possible risks related to business performance and human resources management, and carries out comprehensive risk control activities such as inspection and traiting for those identified as major risks. Moreover, LG Display leads the continuous improvement of the compliance risk management system by evaluating the effectiveness of the compliance management system annually and reporting the results to the board of directors.
Compliance Risk
Monitoring and
Inspection
LG Display conducts regular compliance inspections to effectively control any compliance risks.
Establishing a
Compliance
Management Culture
LG Display implements various compliance training on all aspects of compliance, including trade secrets, anti-corruption, human resources, safety and environment, for employees so that compliance management can take root in the corporate culture.