1. Purpose
We support human rights protection and labor standards of international organizations such as the 10 principles of the UN Global Compact (UNGC), the UN Convention on the Rights of the Child, and the International Labor Organization (ILO). In order to comply with the international human rights and labor standards and guidelines, we establish this policy and faithfully implement it.
2. Scope
Based on this policy, HD Hyundai Electric declares to respect human rights in the operation of all its businesses. This policy is a basic obligation that all partners in business and cooperation such as company to work with, partners, and joint ventures, including members of the Company, must comply with. In the case of suppliers, based on this policy, they must comply with the supplier code of conduct and guidelines.
3. Operating System
1) Human Rights Management Governance
HD Hyundai Electric respects human rights and strives to prevent human rights violations. To this end, the highest decision-making body reviews and manages the status of human rights management and possible risks. In addition, we understand the importance of active communication with internal and external stakeholders in order to establish human rights management throughout the company. We regularly communicate this policy to stakeholders such as members, company to work with, and partners to share the will of human rights management with stakeholders. In addition, we regularly collect opinions on human rights management through channels that can communicate with internal and external stakeholders and encourage participation to refer to the improvement of our human rights management.
2) Human Rights Risk
Management System HD Hyundai Electric operates a human rights impact assessment process to identify and manage human rights risks. Through the human rights impact assessment, the status of human rights risks and potential risks are identified, and then improvement tasks are implemented. Human rights risks are identified for all workplaces, joint ventures, and partners, and are expanded to new business areas or even to new partners that are added.
3) Grievance Handling Process
HD Hyundai Electric has a channel to report cases of human rights violations. We operate an anonymous community board to report human rights issues on the company's intranet, and we have established an online and offline channel where all internal and external stakeholders can consult and report on ethical management.
Online channels are provided in the languages of all regions where HD Hyundai Electric's business sites are located, such as Korean and English.
If a case of personnel violation is reported, remedies will be discussed after confirming the contents and conducting an investigating. Anonymity is guaranteed for all reports and information of the informant, and retaliation such as disadvantage or discrimination is prohibited.
4. Detailed Operation Guidelines
1) Respect for Human Rights
All members are respected as human beings, and efforts are made to prevent any acts that fall under human rights violations.
2) The Prohibition of Discrimination in Employment
The company prohibits any discrimination based on gender, age, race, disability, religion, political orientation, and region of origin in employment and respects diversity.
3) Guarantee of Freedom of Association and Collective Bargaining
The company guarantees freedom of association and collective bargaining.
4) Prohibition of Forced Labor and Child Labor
The company prohibits child labor and forced labor and complies with all labor principles recommended by the International Labor Organization (ILO) and ratified by the state in relation to health, safety, and working hours.
5) Safety and Health
The company shall promote industrial safety and health by creating safe and healthy working conditions.
6) Responsible Supply Chain Management
In order to manage the supply chain in a responsible manner, the company shall treat business partners, such as investment companies fairly and support them to practice human rights management.
7) The Protection of Human Rights in the Local Population
The company takes care not to infringe on the human rights of local residents in the community.
8) Environmental Protection
The company shall comply with domestic and foreign environmental regulations and endeavor to protect the environment and prevent pollution.
9) Protecting Customer Human Rights
The company strives to protect customers’ health, safety, and personal information.
10) Information Protection
HD Hyundai Electric strives to protect personal information and business-related information acquired in the course of management and business promotion, and conducts training for executives and employees.
11) Protection of the Vulnerable
HD Hyundai Electric respects and protects the human rights of the socially disadvantaged. In particular, measures and duties are fulfilled to protect and support socially vulnerable groups such as children, women, the disabled, foreigners, and workers.
12) Respect for Human Rights Defenders
HD Hyundai Electric respects individuals, organizations, and social institutions (hereinafter referred to as 'human rights defenders') who act to protect basic human rights and freedoms. Recognizing the threats faced by human rights defenders in their work for human rights worldwide, they oppose any form of threat, intimidation, retaliation, physical or mental attack on human rights defenders.
References
This Human Rights and Labor Policy supports the following declarations, standards, and initiatives.
• UDHR, Universal Declaration of Human Rights
• International Bill of Human Rights
• UN Guiding Principles on Business and Human Rights
• ILO Fundamental Conventions
• DACA, Deferred Action for Childhood Arrivals Principle
• OECD Guidelines for Multinaitonal Enterprises
