● Growing together with stakeholders by faithfully complying with
business ethics meeting global standards
In recognition of the needs for securing reasonable profitability meeting
the level of global leading companies and operating a systematic ethical management, KNOC established the "Global B.E.S.T. Practice" as its strategic goal for the ethical management. To achieve the goal, KNOC has not only reorganized the ethics charter and code of conduct
but it also has strived to form a company-wide consensus through the development of unique ethical management programs, circuit ethical education at home and abroad, and a quiz contest on the code of conduct. Our overseas branches are also very active in joining the ethical management. Such endeavors enable our employees to conduct their jobs under the ethical standards and reasonable procedures, and help the company fulfill its social responsibilities.
● Sincerely fulfilling the role as a global corporate citizen
To realize our vision, "A World-class National Oil Corporation Beloved
by the People," KNOC is committed to implementing differentiated social contribution activities reflecting its business features and social demands. These programs include the Sunshine Service to assist residents with heating expenses, Happy Together Service to aid rural villages during the farming season and support the education and lifestyle of the underprivileged, and Hopeful Energy Service to provide scholarships for the cultivation of talents dedicated to the E&P sector. To expand our global businesses and support the educational environment of overseas local residents, and improve the infrastructure of their community, we actively operate the KNOC Family Project.
● Creating a safe and prosperous future.
With the operation of an integrated HSEQ (health, safety, environment, and quality) management system meeting the global standards, KNOC is taking the initiative in promoting a safe business environment. Each worksite focuses on improving the HSE management level through sharing their know-how and best practices and holding the HSE conferences as well as enhancing trainings against accidents. As a result of such efforts, our stockpiling bases have remained both accident- and disaster-free for 11 consecutive years.
● Taking control of the nation's energy security and emerging as a world-class NOC
Since its foundation in 1979, KNOC has been playing a pivotal role in national economic development by engaging in a variety of businesses in terms of domestic and overseas E&P, oil stockpiling, and improvement in oil distribution network under the mission to deliver hope and convenience to the public through the stabilization of energy supply.
To lay the foundation for its sustainable growth, KNOC will continue to focus on developing technologies for the improvement of exploration success rate as well as fostering management capabilities through additional oil stockpile and efficiency of managing global assets in the future. By doing so, we will play a leading role in both the expansion of national self-sufficiency capabilities and the stabilization of energy supply.