Ethical management

Ethical management framework

LT Metal holds transparent and fair management as a core value and practices ethical management so that every employee can make responsible decisions grounded in a sense of ethics. Building on trust with customers, suppliers, employees, and society, we have set ethical standards of conduct and pursue sustainable growth on the principles of honesty, responsibility, fairness, and respect.

Code of ethics

Chapter 1. Responsibility and duty to customers
LT Metal recognizes that the customer is both the reason for the company’s existence and its goal. We always respect our customers’ views and earn their firm trust by continuously creating value that benefits them.
Chapter 2. Fair competition
LT Metal secures competitive advantage through legitimate means and builds relationships of mutual trust and cooperation through fair and transparent dealings.
Chapter 3. Fair dealing
All of LT Metal’s transactions are conducted on the principle of free competition, with equal opportunity to participate. Through transparent and fair dealings we build mutual trust and cooperation, and pursue shared development over the long term.
Chapter 4. Basic ethics of employees
LT Metal employees carry out their duties with honesty and fairness at all times, work continuously on self-development to establish sound values, and strive to build workplace relationships bound by good faith and sincerity.
Chapter 5. Responsibility to employees
LT Metal respects every employee as an individual, treats employees fairly according to their ability and performance, and works to ensure that employees’ creativity is fully realized.
Chapter 6. Responsibility to the nation and society
By growing into a sound company through reasonable business development, LT Metal protects the interests of its shareholders and contributes to the prosperity of the people and the development of society.

Key provisions of the code of conduct

Transparent relationships with stakeholders
We accept no gratuity in any form, including money, goods, or entertainment, and we maintain fair and transparent dealings.
No joint investment or private interests
Employees are prohibited from making personal investments or becoming involved in a stakeholder’s business in a way that influences company decisions.
Honesty in records and reporting
All business records and reports must be prepared accurately and transparently on the basis of fact; falsification and false reporting are prohibited.
Fair dealing and competition
In dealings with suppliers we comply with fair competition law and prohibit unfair practices that exploit a dominant position.
No improper solicitation or gratuities
We comply with all domestic and international laws and international conventions, and strictly prohibit corrupt practices such as offering money, goods, or preferential treatment.
A healthy organizational culture
We build a healthy workplace culture free of violence, harassment, and discrimination, based on mutual respect and consideration.
Non-discrimination and respect for diversity
Discrimination is prohibited on any ground, including gender, age, race, education, religion, place of origin, disability, or marital status.
Information security and stronger controls
Information and personal information obtained in the course of work may not be disclosed externally or used for private purposes, and internal security policies must be observed.
No private use of knowledge or information
Internal or external information learned in the course of work may not be used for personal gain or to exert improper influence on others.

Ethical management activities

Ethics and integrity management pledge

Every employee signs an ethics and integrity management pledge, committing to practice honest and transparent management.Employees pledge to observe the key principles of our code of conduct. The pledge is renewed on a regular cycle for new hires and all existing employees, which continuously strengthens ethical awareness and the level of internal control.

Compliance self-assessment

LT Metal conducts a compliance self-assessment each year so that employees can review their own ethical compliance. The assessment covers four areas — honest and transparent business activities, fair dealing and competition, a healthy organizational culture, and information security and grievance handling — and is designed so that every employee can examine their own conduct and working practices. The results let us identify weak areas and continue to advance a prevention-led ethical management system.

Ethics training and effectiveness review

We provide regular labor, human rights, and ethics training to raise employees’ ethical awareness. The training covers fair dealing with stakeholders, anti-corruption, information security, and the prevention of sexual harassment and workplace harassment, and all employees take part. To embed ethical management, we run an annual survey on training effectiveness and review whether the training is strengthening business ethics in practice. LT Metal will continue to make fair and responsible dealing with all stakeholders part of its corporate culture, and to grow into a trusted industrial materials company grounded in integrity management.

Reporting unethical conduct

The company operates a reporting system for unethical conduct in order to prevent ethical violations by employees and to build a transparent organizational culture. Reports can be made through several channels, including the company website and the intranet. The identity of every reporter is protected, and anonymous reports are also accepted.