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Ethical Management

As a global company, LOTTE Chemical will strive to fulfill its ethical responsibilities that meet the demands of various stakeholders
and the society, andto practice transparent management.
LOTTE Chemical has set ethical management as the core value of corporate activities, and it is striving to carry out its operations in a transparent, fair
and logical manner based on its code of conduct

Values Pursued by Ethical Management

Through ethical management, Lotte Chemical seeks sustained development and common interests of the Company and intends to return performance and value to customers, stockholders, suppliers, employees, the nation, and communities by realizing the corporate philosophy of creating a prosperous future.

Building trust and creating the performance through the establishment of ethical management ,Stockholders,Increase in stockholders’ profits and
                                Management transparency,Customer,Providing the best products and servies,Employee,Internalization of ethical management and establishment of the right corporate culture,Partners,Establishing fair trade practive and building the win-win cooperative relationship,Nation &
                                Society,Creation of social values through sound corporate activities

Implementation

Development of a website for ethical management,Sharing of the code of ethics and ethical management of all employees,Operation of Voice of People in the website
                                ,Gathering of opinions and complaints from internal and external stakeholders and quick response,Pledge for Ethical Management,Presentation of employee principles and standards, sending the letter of ethics management, and operation of the gift return center
                                ,Cyber education of ethical management,Weekly education of all employees,Voluntary compliance with fair trade,Generation and distribution of fair trade manual and utilization of internal examination of the fair trade system

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