Phone82-2-6924-3114 (Operator)
CEO : Yoon Chun Sung
LX International, 58, Saemunan-ro, Jongno-gu, Seoul, 03184, Korea
COPYRIGHT©2021 BY LX International Corp.
LX International values the safety and health as our top priority. The company established the following policies and goals and continues to pursue them for the safety and well-being of our stakeholders and to cultivate a mature safety culture by building a safe workplace and a pleasant working environment.
January 3, 2024
C. S. Yoon, CEO, LX International
Our goal is to achieve zero accidents in all our operations. Under the roof of LX, all members are working diligently every day to achieve the goal of ‘zero harm’. We are concentrating on three major areas, namely people, production process, and logistics, and are endeavoring to ensure that all members of LX International, subsidiaries, and partner companies can work in a safe and pleasant working environment by improving safety work procedures.
LX International fosters trust and cooperation among all stakeholders, including our employees, under the management philosophy of respect for human dignity. For this purpose, we have developed and are operating a human rights management system based on Jeong-Do management, and have set and implemented ethical standards as criteria for proper conduct and value judgements that the executives and employees must follow.
Based on the Human Rights Declaration, LX International operates in-house grievance handling center to protect the human rights of its executives and employees and fulfill its top responsibility in establishing a culture of respect for human rights. We receive reports on workplace sexual harassment and bullying through a hotline which the Ethics Bureau, HR team, and the labor-management council are in charge of, and make every efforts to respond to such cases rapidly and appropriately. Filing for grievance can be made via the extension number or the personal contact number of the employee in charge, or the counseling link provided in the grievance handling center.
The confidentiality regarding details of the consultation and the identity of the informant are strictly ensured, unless the person gives consent. After receipt of a grievance, we conduct an investigation on the relevant matters and consultation with the informant, and based on this, we take disciplinary action and personnel management measures according to the confirmed facts. We also carry out thorough follow-up measures to prevent further damages.
Receipt of a report → Consultation(informant) → Fact-check(conduct interviews, investigation) → Measures(disciplinary, personnel management, etc.) → Closing(follow-up measures and feedback)
* No. of reports related to grievance in 2022 : none
* Ratio of processed cases related to grievance in 2022 : 100%
- LX International offers legally mandatory education, such as training to raise the awareness of people with disabilities, prevent sexual harassment, and prevent bullying in the workplace, in order to disseminate a culture of respect for human rights.
We operate an in-house grievance handling center to establish a healthy organization culture through handling the grievances of the employees. We receive reports on workplace sexual harassment and bullying through a hotline which the Ethics Bureau, HR team, and the labor-management council are in charge of, and make every efforts to respond to such cases rapidly and appropriately.
We foster trust and cooperation among all stakeholders, including our employees, under the management philosophy of respect for human dignity. For this purpose, we have developed and are operating a human rights management system based on Jeong-Do Management, and have set and implemented ethical standards as criteria for proper conduct and value judgements that the executives and employees must follow.
LX International establishes and operates information security policies and guidelines based on a compliance system. Through this, we minimize information security risks and efficiently respond to incidents and environmental changes.
LX International achieved the ISO/IEC 27001 certification for the Information Security Management System in April 2023. Obtaining this certification demonstrates that our information security system meets a high level of standards by passing rigorous evaluation of over 100 criteria, including the information security and policies and technical safeguards.
To implement information security measures, we manage physical and environmental security, operational security and security for the electronic financial transaction and ensure the implementation of information security measures during the IT adoption, development, and maintenance processes.
Data Protection System Evaluation and Emergency Response Every year, we conduct information security diagnostics by engaging external firms to assess the overall management level of information protection. We also perform web system vulnerability assessments to proactively identify and address potential weaknesses such as external hacking and system tampering.
Conducting Simulated Training to Respond to Malicious Emails LX International conducts annual training sessions to raise the employees’ awareness of information security and prevent security incidents.
Data Security Pledge Signed by Every Employee LX International collects an information security pledge from new employees upon their entry to the company. Additionally, every year, all employees, including those currently employed, are reminded of the security commitments and asked to reaffirm their commitment by submitting an online information security pledge.
LX Group’s core values are ‘link’, ‘future’, and ‘human’. LX International is committed to fulfilling our corporate social responsibility through various social contribution activities that are aligned with the company’s key competencies with the goal of a ‘shared life’. To accommodate the characteristics of local communities, we have separately established social contribution plans and support directions for domestic and international activities.
| Category | Domestic social contribution | Global social contribution | ||
|---|---|---|---|---|
| Direction | Activities centered around the core values of LX Group, focusing on ‘future’ and ‘human’ |
Collaborative activities with local communities near the overseas business sites for a ‘shared lie’ | ||
| Beneficiaries | • Children, youth, and natural environment for the ‘future’ of the next generation |
• Local communities and residents near overseas corporations • Local environment |
||
| Support direction |
• Donation of funds and goods • Remote talent donations through non-face-to-face means • Environmental / safety protection activities |
• Support for talents and local economies utilizing the capabilities of the overseas business • Support for the improvement of the living environment and the health of local residents • Support for the restoration of the natural environement |
||
| UN SDGs |
|
|
| 2023 | 2024 | 2025 | ||||
|---|---|---|---|---|---|---|
| Donations (including in-kind) | 250 KRW million | 300 KRW million | 350 KRW million | |||
| Total participation hours in social contribution activities | 600 hours | 650 hours | 700 hours |
LX International operates an in-house volunteer group ‘LEXT’ to support employee participation in volunteer activities, donations, material support, talent donations, and environmental/safety protection initiatives.
LX International operates a ‘Matching Grant System’ in which the company matches the amount donated by employees. Since 2018, we have been steadily accumulating employee donations through the Matching Grant System, and were used to support social contribution projects.
We have tried to minimize the negative impacts on local communities where overseas corporations are located by fostering communication of local residents through operating a consultation channel.
Though the Gwanghwamun One Team’s initiative, which brings together 20 local businesses, organizations, and associations, we engage in activities that support local small business owners and promote community development. We also provide assistance to marginalized groups such as people with disabilities, the elderly, youth, and multicultural families. In addition, we actively participate in environmental protection and energy-saving campagins,
자세히 보기 (기사링크) 연결LX International is committed to building a sustainable future alongside our domestic and international partner companies in compliance with the ESG Code of Conduct for LX Group's partners.
We are committed to ensuring safe working environments for our partners, identifying and minimizing potential risks in advance, and maintaining sustainable partnerships.
Both us and our partners
LX International has partnered with the Industrial Bank of Korea (IBK) through a “Global Mutual Growth Program” agreement (as of June 2020) as part of its effort to enhance the competitive edge of its partners and small-to-medium enterprises (SMEs). The mutual growth program is a system in which LX International and IBK raise a fund worth 600 billion won and provide low-interest operating funds to their partners and small businesses.
Goodbye Car (a company that recycles scrap cars and batteries) and etc.
* No. of received and processed cases related to grievance and HSE
from partner companies in 2022 : none
* Ratio of processed cases related to grievance and HSE
from partner companies in 2022 : 100%
LX International has formulated an ESG management policy for the supply chain to build a sustainable supply chain. Based on this policy, we will identify and manage risks that may arise in the supply chain and we will remain entirely dedicated towards creating greater value with our partners.
LX International will prioritize partners who absolutely meet the ethical, legal, and ESG management criteria throughout the supply chain. Additionally, we will ensure that all purchased items are produced and procured in line with the ethical and legal criteria.
LX International's partners are required to unconditionally comply with LX International's Code of Conduct for Partners and ESG management policy for the supply chain in all aspects of their management and business operations. LX International reserves the right to audit and inspect the partner's compliance, within the bounds of the law, with the Code of Conduct and ESG management policy.
The ESG management areas of LX International partner companies are as follows:
①Ethics : Anti-corruption, conflict of interest prevention, unfair trade prevention, export control compliance, and information protection.
②Environment : Environmental management system construction, energy use and greenhouse gas emissions management, water resources management, air pollution control, waste management, and chemical management.
③Labor and human rights : No discrimination, working hours management, no child labor, and no forced labor.
④Safety and health : Occupational health and safety management system construction, machinery and equipment safety management, emergency response, accident management, and health management.
1. LX International reserves the right to conduct the ESG assessments of its partners to manage the ESG risks and facilitate their sustainable management. Given the increasing importance of the ESG evaluations in domestic and international transactions, LX International has plans to expand the ESG evaluations for its partners.
2. LX International may conduct any written evaluations via email. Evaluations are conducted on the premise that the responses submitted by our partners are completely factual, and we reserve the right to request supporting documentation as necessary. The results of the written evaluation serve as a criterion for a due diligence designed to evaluate the ESG risks, creating the basis upon which any remedial actions may be developed.
3. LX International analyzes and supports the improvement of the partner's ESG management based on the evaluations and due diligence. The level of improvement in ESG management may be incorporated into future transactions between LX International and its partners.
LX International is unreservedly engaged in ongoing communication with both our internal and external stakeholders for the ESG risk management of the supply chain. Various channels for the benefit of communication, including a reporting system for partners on our website, have been set up to address any concerns from our partners and to facilitate mutual growth. Going forward, our plan is to disclose our status and plans concerning our partner companies' ESG management through our sustainability reports.
