ESG

Code of Ethics

We must enroot the ethical awareness in our thoughts and behaviors. Proud, confident POSCO men and women building a better future together, With POSCO, Were the POSCO. We must enroot the ethical awareness in our thoughts and behaviors. Proud, confident POSCO men and women building a better future together, With POSCO, Were the POSCO.

September 2018
POSCO CEO Jeong-Woo Choi

We must enroot the ethical awareness in our thoughts and behaviors. Proud, confident POSCO men and women building a better future together, With POSCO, Were the POSCO. We must enroot the ethical awareness in our thoughts and behaviors. Proud, confident POSCO men and women building a better future together, With POSCO, Were the POSCO.

September 2018
POSCO CEO Jeong-Woo Choi

Over the past 50 great years, our company, POSCO, has always been able to thrive with business integrity and ethical practices, despite numerous challenges and hardships that came our way.

As we take our first step into the second half of our century-long legacy, I encourage you to keep in mind that POSCO is a corporate citizen which needs to coexist and prosper together with the stakeholders, such as shareholders, customers, suppliers, partners, local communities and employees.

''Doing the right things the right way'' is the philosophical foundation of our ethics management and we must further evolve with our stakeholders in order to prepare ourselves for the society's ever-changing demands and values.

In order to achieve this, we must be transparent and fair in all of our decisions with respect and consideration for others. In particular, mutual growth with smaller sized businesses, based on trust, will further strengthen our competitiveness.

It is our goal to reform our working environment, to place priority in real value over formality, execution over mere reporting, and diligence over justification. We must ask ourselves every day whether we are violating such ethical standards when we're tied up with perfunctory reporting rather than the actual work.

As the world's most competiveness steelmaker, POSCO will continue to grow as a trusted and admired company, should we hold onto these basic principles within the ethics management.

Fellow employees!

We must enroot the ethical awareness in our thoughts and behaviors to establish a quality culture of cooperation and consideration for our future generations. Proud, confident POSCO men and women building a better future together, With POSCO, We're the POSCO.