Appendix

 
Initiative

UNGC5.4.2

Beginning with our participation in the UN Global Compact in 2008, Hyundai Steel has reflected in our business activities the 10 Principles across the four areas of human rights, labor, environment, and anti-corruption. Furthermore, we embrace the "Universal Declaration of Human Rights" and the "UN Guiding Principles on Business and Human Rights(Ruggie Framework)" of the UN Commission on Human Rights, and in doing so, we strive to respect the human rights of outside stakeholders as well as all members of the Company.
Field Principle page
Human Rights 1. Businesses should support and respect the protection of internationally proclaimed human rights; and Protecting Human Rights
2. Make sure that they are not complicit in human rights abuses. Protecting Human Rights
Labor 3. Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining; Protecting Human Rights
4. The elimination of all forms of forced and compulsory labor; Protecting Human Rights
5. The effective abolition of child labor; and Protecting Human Rights
6. The elimination of discrimination in respect of employment and occupation. Protecting Human Rights
Environment 7. Businesses should support a precautionary approach to environmental challenges; Environmental Management
8. Undertake initiatives to promote greater environmental responsibility; and Environmental Management
9. Encourage the development and diffusion of environmentally friendly technologies. Environmental Management
Anti-Corruption 10. Businesses should work against corruption in all its forms, including extortion and bribery. Ethical Management

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