Ethical Practice Introduction

GS Retail realizes ethical management as its top priority
through transparent, fair, and rational thinking and
execution.

Under the GS Group’s ethical guidelines, we have engaged in various activities to ensure ethical corporate practice since 1995.

2016~ Present

Key Company Activities - Introducing the constant monitoring system - Conducting a Fair DNA campaign - Supporting ethical management activities of subsidiaries - Enacting ethical norms and integrity regulations (July '21) - Reflecting ethical management items in evaluation for all company position holders ('21~)

Apr. 2003~ 2015 Continued Development

Group Activities - Organized a TFT for ethical practice (Apr. 2003). - Enhanced the monitoring process to ensure ethical, fair and transparent practice of sister companies.
Company Activities - Shifted the focus from uncovering corruption to taking preventive measures. - Established a website dedicated to ethical practice (Jul. 2003).

2002 ~ Mar. 2003 Build Foundation for Ethical Practice

Group Activities - Implemented a system to reflect the results of evaluation. - Monitored compliance with the code of ethics.
Company Activities - Established and announced the detailed guidelines for the code of ethics after the 3-company merger in July, 2002. - All employees and officers pledged compliance with the code of ethics. - Continued ethical training for new employees.

1995 ~ 2001 Build Foundation for
Ethical Practice

Group Activities - Fair, honest, and ethical reports of 1993 - Established and announced the code of ethics and the system for fair practice in 1995.
Company Activities - Code of ethics compliance unit: Audit Team (1996) Distribution CU - Conducted ethical training and pledged to comply with the code of ethics in April 1996: Asst. Manager or higher ranks corporate-wide - Organized a report center for unfair practice and continued anti-corruption internal audits.

GS TOWER, 508, NONHYEON-RO, GANGNAM-GU, SEOUL, 06141, KOREA