Shinsegae I & C

BROCHURE
ex
  • Smart Retail
  • Cloud
  • Deep Learing

ESG

Sustainability

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Overview

Sustainability
We promote sustainable growth and corporate social responsibilities upon our seven sustainability values.
Our dedicated team creates and undertakes tasks for systematic implementation of sustainability.
Our Seven Sustainability Values
  • Employee-centric Management We sharpen our competitive edge by recruiting outstanding people and helping our employees grow.
  • Employee-friendly Workplace We provide a workplace where the employees’ basic rights (e.g., human rights, safety, work-life balance, etc.) are protected. We foster diversity in our organizational culture.
  • Reliable Services We offer high-quality, reliable services to our clients by applying proactive risk management to system development and operation.
  • Proactive Climate Change Response We instill net-zero in all our businesses by reducing emissions, developing energy-efficient solutions, installing high-efficiency equipment, managing equipment disposal and expanding green businesses.
  • Mutually Beneficial Partnership We do fair, transparent trades with our partners and aim for shared growth.
  • Better Society We build a better society through employee volunteer activities and CSR activities using IT technology.
  • Sound Governance We enhance our shareholder value and governance by disclosing financial and non-financial data in a transparent manner.
Sustainability Governance
ESG Committee under
the Board of Directors

Make decisions
regarding
risk management

Audit Team (ESG Part)

Report major
ESG risks

Provide
guidance on
risk management

Sustainability Council

HR, General Affair, Procurement, Finance,
Information security,
Business, Quality, Data Center

Communicate
performance and
key issues regarding
risk management

Transparency

All our employees strive to foster a healthy, transparent corporate culture.
Sustainability Organization
  • Our dedicated team oversees business ethics, shared growth, eco-friendliness and social contribution in order to ensure consistent engagement with CSR.
Internal Control of Financial
Reporting
  • We adopted the ICFR and DART to secure financial soundness.
SHINSEGAE CREDO
(Code of Conduct)
  • We adhere to the SHINSEGAE CREDO, our Code of Ethics that stipulates the CSR principles, Code of Conduct and anti-corruption rules that our employees must follow.
Three Areas of Reporting
  • SHINSEGAE I&C implements three reporting systems to maintain a sound corporate culture against bribery and favoritism.
    • Clean Report In the event that a bribe is offered by a stakeholder, it should be promptly reported and returned.
    • Related-party
      transaction
      report       In the event that a related party is employed by a supplier, please notify the relevant personnel before entering into any form of collaboration with that supplier.
    • SHINSEGAE
      Pay       In lieu of a single party bearing the financial responsibility for all activities conducted at official or unofficial meetings or during business operations, each employee is held accountable for their fair share and required to report it.

Shared Growth

We strive to trade with our suppliers in a transparent manner upon trust. Through continuous communication, we listen to their grievances and improvement requests, while reinforcing our suppliers’ competitiveness by promoting shared growth through our shared growth program.
We contribute to creating a healthy corporate ecosystem with our partners. Any unreasonable treatment by any member of SHINSEGAE I&C should be reported to our CSR Hotline immediately. We would also appreciate any ideas or suggestions for improvement.
Supplier Code of Conduct
01Business ethics
  • Legal compliance
  • Anti-corruption
  • Prevent conflicts of interest
  • Prevent unfair trades
02Human rights/labor
  • Prohibit child labor
  • Prohibit forced labor
  • Anti-discrimination
  • Humanitarian treatment
  • Legal compliance
  • Freedom of association
03Safety/health
  • Safe, healthy work environment
  • Examine risks
  • Training & emergency drills
  • Provide PPEs
04Environmental
protection
  • Environmental approvals
  • Compliance with resource laws
  • Environmental management & inspection
05Information security
  • Guarantee privacy and intellectual property rights
06Social contribution
  • Make social contributions
07Supply chain
management
  • Create and monitor the Supplier Code of Conduct

Environmental
Management

Environmental Principles
SHINSEGAE I&C values sustainability. To foster an environment-friendly corporate culture and raise ESG awareness in conducting business, Shinsegae I&C is committed to the following principles:
  • 1We fulfill our social, ethical responsibilities by complying with domestic and foreign laws, regulations and agreements on the environment and setting stricter internal standards.
  • 2We continuously improve the way we care for the environment in our business by analyzing environmental risks and opportunities in conducting business.
  • 3We provide a wide range of programs and learning opportunities to employees and suppliers to raise awareness, prevent pollution and protect the environment.
  • 4We ensure transparency in environment-related data and engage in earnest communication with stakeholders.
November, 2021 CEO, SHINSEGAE I&C
Organization
CEO
  • Oversee affairs relating to the environment
  • Manage the performance and find improvement measures
ESG Part
  • Establish annual environmental plans and evaluation indicators
  • Monitor and evaluate performance
  • Respond to and coordinate on environmental issues
  • Conduct environmental activities & training
Data Center Team
  • Monitor and manage energy usage at the data center
  • Control GHG emissions and find plans to reduce emissions
General Affair Team
  • Manage energy, water and waste and waste at the facilities
Responsible Personnel
  • Manage green businesses
Environmental Activities
Green Data Center
  • Building green infrastructures to save energy and reduce carbon emissions
Reduce our energy consumption by limiting heavy use of lighting, air conditioners and servers.
Eco-friendly Practices
in the Workplace
  • Practicing environmentally friendly management
Promote energy-saving activities.
Environmental Protection Activities
  • Protecting the environment of the communities where we operate
Green Data Center
  • SHINSEGAE I&C goes green with its buildings and data centers as part of its contribution to saving energy and preserving the environment. We install water-saving toilets and LED lights in all our facilities. Our Data Center, built to achieve a PUE* of 1.4 or less, is equipped with Green IT Solutions like cooling and heating devices running on geothermal energy collected from parking lots, and energy-saving freezers.
    * Power Usage Effectiveness (PUE): The closer the number is to 1, the higher the power efficiency of the Data Center is.
Eco-friendly Practices in the Workplace
  • We choose to be eco-friendly not only in our buildings, but also in the way we do business. By holding remote meetings, we make discussions more efficient and reduce carbon emissions from business trips. We strive to be paperless through electronic reporting. Moreover, all employees practice resource saving in workplaces, such as using mugs.
Environmental Protection Activities
  • Each year, our employees actively take part in programs to protect the environment of the communities where we operate.

Human Rights

SHINSEGAE I&C actively implements human rights management to ensure that all our employees and stakeholders are treated with respect and appreciation and perform their job in a safe and pleasant working environment.
Education on
Human rights
  • All employees receive human rights education annually on such topics as workplace bullying, disability awareness, sexual harassment, verbal abuse, and violence as part of our efforts to promote and enhance their knowledge of human rights.
Respect for
Diversity
  • We respect diversity among our employees and no employee shall be discriminated against for any reason, including gender, race, nationality, religion, age, or disability.
Safe working
Environment
  • Health and safety managers provide health and safety training to employees, monitor compliance with health and safety regulations, and conduct safety inspections of facilities at least once half a year in order to maintain a safe working environment.

SHINSEGAE CREDO

  1. 1SHINSEGAE employees must adhere to the principles of compliance management at all times.
  2. 2We do not distort or hide facts to achieve our goals. All our business matters must be reported in a timely and professional manner.
  3. 3We keep our private and professional lives separate at all times, and do not take advantage of company assets or any information we may have learned at work.
  4. 4We do not condone sexual abuse or harassment in any form at any time.
  5. 5We do not give or follow unreasonable instructions.
  6. 6We do not condone bribery. We evaluate our workers fairly and reasonably, based on their work performance and abilities.
  7. 7We do not accept bribery or valuables or other forms of inducement or favoritism from anybody, and strictly adhere to the SHINSEGAE Pay system.
  8. 8For us, customer satisfaction is the highest value of our business management activities. We promise our customers that the decision they make will turn out to be a fully rational one.
  9. 9We treat our customers’ goods and personal information as if they were our own, and do not release such information without their permission.
  10. 10We encourage mutually beneficial relationships with all our partners and external stakeholders. We also engage in full and fair competition with our competitors.
  11. 11We strive for the health and happiness of the communities where we operate, and actively promote charity.
  12. 12We are morally obliged to report any violations or suspected violations of the above regulations and the SHINSEGAE CREDO.

Human Rights Principles

  • Anti-discrimination No one shall be discriminated against on the basis of race, skin color, age, gender, sexual orientation, ethnicity, disability, pregnancy, religion, political beliefs, or marital status, in the recruiting process or in any of our labor practices including wage, promotion, compensation, and education opportunities.
  • Prohibition on Forced Labor Employees shall not be forced to work against their free will by way of threat, coercion, extortion, abduction, or fraud, and the use of child labor is strictly prohibited.
  • Wage and Employee Benefits Wages paid to employees include minimum wage, overtime payment, and legal employee benefits, and the company shall comply with the local laws and regulations. All overtime work shall be performed on a voluntary basis upon employees’ consent, and overtime rates should be higher than the rates for regular work hours set by the local laws and regulations.
  • Working Hours and Working Age The company shall follow the local laws and regulations on the minimum age for work, and employees shall not work beyond the maximum work hours per week set under the local laws. The weekly work hours shall not exceed 52 hours including overtime, except for emergency or special circumstances. Employees shall be allowed to take at least one business day off for every 7 working days.
  • Freedom of Association The company respects employees’ right to organize or participate in employee councils or labor unions and to freely organize or participate in groups for the purpose of collective bargaining and peaceful assembly, and we also respect their right not to participate in these activities as well.
  • Humanitarian Treatment The company respects employees’ privacy, strictly protects their personal information, and shall not subject our employees to inhumane treatment including sexual harassment, sexual abuse, corporal punishment, psychological or physical coercion, and abusive language.
  • Ensuring a Safe Working Environment All the business facilities are inspected regularly to ensure all our employees and stakeholders work in a safe environment, and the company shall strive to preserve a safe and pleasant workplace according to the local laws and regulations.
  • Protection of Customers’ Human Rights The company shall take special care to ensure that the products and services we provide do not cause any harm to customers’ lives, health and safety, and take reasonable actions to protect customers’ personal information we collect.