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ESG Management Activities

Environment

Philenergy has formed a team dedicated to environmental safety activities.
Climate change response, emissions control, and a preventive approach to worker health and safety are among its functions.
Environmental protection, safety, and health are the core values driving Philenergy’ operation of sustainable workplaces.

Climate Change Response

  • 01
    Formation of Environmental Management Strategies

    Actively responding to climate change
    by minimizing environmental influences and
    hazards occurring in business management
    and production activities

  • 02
    Management of Major Indicators

    Regular measurement of energy sources
    such as electricity and LNG, wastes, and water,
    and setting of reduction targets to minimize discharges

  • 03
    Eco-friendly Business

    Eco-friendly practices in next-generation
    solar cell manufacturing processes and other business activities,
    and active response to climate change

Safe Work Environment

  • 01
    Formation of Health and
    Safety Strategies

    Conforming to domestic and
    international health and safety laws,
    and strictly observing internal policies
    to achieve a healthy and safe workplace

  • 02
    Improved Preventive
    Measures for Health and Safety

    Constant monitoring of health and
    safety issues through regular audits overseen
    by the CEO and the operation of the Industrial
    Health and Safety Committee

  • 03
    Staff’s Improved
    Awareness of Safety

    Creation of a safety culture by all staff
    as one, through regular safety training
    and programs, communication on health and
    safety achievements and incidents,
    and similar activities

Employee Human Rights

01
No employees shall work in forced-labor conditions.

All work must be performed voluntarily. Employees’ free will is respected. No employees shall be demanded to hand over identification or similar personal items.

02
No child workers shall be used.

The legal working age shall be strictly observed, and teen workers given full care and protection.

03
Set work hours shall be observed.

The legal work hours are observed, and regular audits performed to ensure this is maintained.

04
The legal work hours are observed, and regular audits performed to ensure this is maintained.

Pay and benefits above the minimum set by law are issued on time, and employees receive pay stubs.

05
Employees’ human rights shall be respected.

Inhumane treatment of workers, including sexual harassment, punishment, and abuse, is banned. Any instances of such inhumane treatment are immediately addressed as per internal policy.

06
No unfair discrimination shall take place.

Employees shall not be discriminated against on the grounds of gender, age, marital status, pregnancy, religion, union member status, and other conditions.

This policy applies not only to Philenergy staff but also to the staff of primary suppliers.

Sharing with Local Communities

  • 01
    Donations and Sponsorships

    Each year, a set percentage of revenue is donated to children’s welfare facilities and as scholarships

  • 02
    Local Community Volunteering

    Volunteer groups made up of staff members engage in volunteer work in local communities at least once a month

  • 03
    Equal Opportunity Employer

    More jobs are created in local communities by increased hiring of disabled persons and young people

Governance

As a member of society, Philenergy and all its employees practice
full compliance with laws and regulations. Philenergy is an ethical and
trusted company that practices transparent governance.
Philenergy performs company-wide ESG management to do
its utmost to create sustainable value.

Ethical Management

Philenergy observes its Code of Ethics to conform with the laws and ethics and fulfill its social responsibility while functioning as a business.

Philenergy Code of Ethics (Full Version)
  • 01Increase corporate value through progressive and effective management activities for the shared growth
    of all stakeholders, including stockholders.
  • 02Diligently fulfill duties as a listed company to become a trusted company.
  • 03Respect all domestic and international laws and regulations, and respect the market order to set an example in fair trade.
  • 04Respect social values and customs, and engage in various CSR activities to contribute to the country and social development.
  • 05Form and abide by a Code of Ethics to create a sound and fair corporate culture.

Ombudsman

Philenergy has implemented an ombudsman system for increased transparency of business and the soundness of its corporate culture.
The ombudsman system can be used to report unfair and unacceptable practices involving staff,
and to suggest improvements for ethical management.
The anonymity of reporters is guaranteed. Protection mechanisms are in place to ensure reporters are not subject to
any instances of retribution whatsoever.
Once a report is submitted, you will be notified on the outcome of its processing by phone or email as soon as possible.

  • 01Report the
    following

    Violations of the Code of Ethics or company policies / Violations of the Code of Ethics or company policies /
    Abuse of power / Other instances contrary to the Code of Ethics

  • 02How the
    Ombudsman
    System works

    Reports can be submitted anonymously or under your real name. All provided information is handled confidentially.

    A report submitted anonymously may not be processed effectively if the necessary specifics and facts are missing.

    Reporter’s identities and supplied evidence are given full protection. Reporters will not be subject to any disadvantages whatsoever for making reports.

  • 03How to
    submit a report

    ubmit a report through the Ombudsman page on the Philenergy website or to whistleblowing@Philenergy.com.

    Make your report specific by following the 5W1H.

    Attach evidence and other reference materials to assist with the faster handling of your submitted report.

  • 04Handling process

    Investigation starts after a report is received

    Action (reward, disciplinary action, etc.) is taken according to investigation's findings, and the reporter is notified of the outcome (allow 1 to 3 weeks)

    Investigation may not take place if a received report is deemed a minor complaint, baseless slander, or is missing critical information

Exceptional ESG Management

  • 01
    ESG Task Force

    Representatives of Philenergy’ various operations run the ESG Task Force, which sets and implements ESG management targets every year

  • 02
    ESG Improvement Activities

    Improvements in different areas of ESG management are executed as per the 116 management items identified in response to domestic and international ESG standards (RBA, K-ESG, GRI, etc.)

  • 03
    ESG Disclosure

    Philenergy plays an active role in the ESG management performed by its suppliers, and discloses ESG management achievements on its website

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