- +82 31 345 4665
- yhahn@n-itus.com
1.Strictly comply with laws and company regulations
2.Companies exist to provide value that satisfies customers.
3.Shareholders are the owners of the company, and their trust is absolute.
4.Each employee is the company’s most important asset.
5.All executives and employees pursue transparent and fair work performance through compliance with ethical management.
6.Partners are the source of the company’s competitiveness and pursue joint growth through transparent and fair transactions.
7.As an important member of society, companies must grow in harmony with society.
We emphasize the company’s principles of ethical management by signing a pledge to practice ethical management for all executives and employees and strive to cultivate a sense of integrity and ethics among all members of the organization and strengthen the spirit of compliance with the law.
We have stipulated guidelines to protect internal reporters of corruption related to employee ethics and compliance and are complying with relevant laws and regulations. In addition, we strive to protect reporters by maintaining confidentiality of internal corruption reporters and related information, and strictly prohibiting disadvantageous dispositions and retaliation.
| Category | 2020 Year | 2021 Year | 2022 Year |
|---|---|---|---|
| Number of Corruption Incidents | 0 | 0 | 0 |
| Number of Actions | 0 | 0 | 0 |
| Category | 2020 Year | 2021 Year | 2022 Year |
|---|---|---|---|
Total amount of fine (won) | 0 | 0 | 0 |
Number of noon-monetary sanctions | 0 | 0 | 0 |
Number of lawsuits filed | 0 | 0 | 0 |
Regarding NItus’ code of ethics
You can check more details.
Regarding NItus’ code of ethics
You can check more details.
Reporter of NItus’ unethical behavior
Regarding protection guidelines
You can check more details.
We strive for shared growth with our partners, enact a shared growth policy to achieve coexistence and strengthen competitiveness, and establish five detailed plans.
We are working for shared growth. By 2022, all executives and employees will be given training to prevent workplace bullying, provide sexual harassment prevention training, and improve awareness of people with disabilities.
A total of four types of ethics and legal compliance training were provided, including personal information protection.
A new policy was introduced in 2023 to prohibit the purchase and use of internationally banned conflict minerals, and this policy will be implemented in the future.
We will strictly adhere to policy directions.
(what’s running)
· Enactment and announcement of shared growth policy
· Implementation of fair trade compliance program
· Completion of 100% legal education
· Establishment and announcement of code of ethics
· Adoption of ban on purchase/use of conflict minerals
· Adoption of the 10 principles of the United Nations Global Compact (UNGC)
· Enactment and announcement of the Human Rights Management Declaration
(To be improved)
· Use the standard subcontract contract recommended by the Fair Trade Commission
· Selection of partner companies and preparation of evaluation plan
· Regular meetings with partner companies
· Establishment of communication channels with partners (website)
· Early payment of delivery price to partner companies (Chuseok and Lunar New Year)
· Transparent management information disclosure and stable and sustainable growth
· Creating an environment where fair evaluation, compensation and mutual growth are possible
· Contribute to the country/Society through capacity development and continuous development
· Public Announcements, Various web and in-person meetings
· Visits, customer satisfaction surveys, participation in national projects etc
· Efforts to generate continuous profits
· Efforts to maintain fair trade relationships and RoHS compliance
· Continuously collecting customer requirements and considering ways to respond
· N-iTUS board of Directors is composed of a total of 4 people in consideration of the efficiency of board operation and decision-making.
· The board of directors is appointed after comprehensive review of independence/expertise/diversity, and does not discriminate based on gender, race, religion, politics, culture, etc.
. Performs a management supervision function through cool-headed evaluation and active expression of opinions on management issues important to the company’s operation or management’s execution of duties.
. The board of directors’ searches for new growth engines and development plans from a macroscopic perspective, and the management focuses on specialized roles such as product development and strategy establishment, dividing roles in major management matters.
. Board of Directors Regulations: Internal directors, including the CEO, may be appointed as chairman of the board of directors.
. In addition to the CEO, a separate committee is formed to enhance responsible management and transparency of board operations.
.The Chairman of the Board of Directors leads the deliberation and resolution of matters approved at the general shareholders’ meeting, financial statement approval, revision of the Articles of Incorporation, capital raising, and the company’s major business.
· To secure management expertise and efficiency, internal directors are composed of excellent personnel with specialized knowledge and experience.
· Currently, two executive directors have expertise in the fields of management/accounting, policy/administration, research/development, and law.
· In the case of transactions that may result in a conflict of interest between the director and the company, the board of directors must thoroughly review and approve the transaction before commencing the transaction
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