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Purpose |
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Promote whistleblowing through incentives |
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Comparison of Internal Peer Reporting and Voluntary Reporting |
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| Peer Reporting |
Self Reporting |
 Reporting unethical behaviors of others
Subjects
Receipt or giving of money and valuables in relation with one’s job, unfair use of power for benefits or personal gains, doing harm to fair job performance by others through means such as mediating or soliciting, and gaining profits by breaching other codes of conduct
Reward
Profit up to 1 tril. won: 20%
Profit up to 5 tril. won: 20 mil. won plus 10% the amount exceeding 1 tril. won.
Profit up to 2 bil. won: 60 mil. won plus 5% the amount exceeding 5 tril. won
Profit over 20 bil. won: 135 mil. won plus 3% the amount exceeding 2 bil. won
Incalculable amount: 1 mil./5 mil./10 mil./30 mil./50 mil. won depending on the severity of the issue
Procedure
Fill in the report → Submit the report to the Internal Auditing Dept. → Investigation → Notification of the results → Payment of rewards
The Internal Auditing Dept. carries out all procedures
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Reporting unethical behaviors of oneself
Subjects
Money and valuables, including gift cards received from insiders or outsiders
Reward
30,000 won in cash or gift cards
For report of profit larger than 1 mil. won, the reward committee decides the amount of extra reward at 20% of the profit up to 10 mil. won.
Procedure
Fill in the report → Submit the report → Verification of events → Notification of the results → Discussion on rewards → Payment of rewards
The Internal Auditing Dept. carries out all procedures except for discussion of rewards, which is performed by the Ethical Management Committee |
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For reporting/providing information/discussion
Contact us at +82 52 216 2123, rcd2123@knoc.co.kr, or 305, Jongga-ro, Jung-gu, Ulsan, Republic of Korea [44538] |
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Purpose |
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Both bidders and public organizations pledge not to engage in any corrupt actions from bidding, contracting, and implementation and keep the pledge. By avoiding malpractices like price fixing and bribing, the pledge prevents the overall cost from unnecessarily rising. |
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Contents |
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- Mutually agree not to be engaged in bribery
- Disclose bidding processes and information
- Put restrictions on violators by prohibiting them from bidding, cancelling contracts, and punishing employees involved |
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Procedures |
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| Announcement |
KNOC announces bidding for an integrity contract, and releases relevant guidelines |
| Registration |
Companies submit a letter of promise for an integrity contract to register their bidding |
| Contracting |
A successful bidder signs the integrity contract obliging them to abide by integrity terms and conditions |
| Implementation |
Violating contractors are prohibited from bidding and the contracts are cancelled. Involved employees are punished. |
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Department Contacts Updated
| Updated : 2021-12-31 |
Department : Legal Team |
Contacts : +82)52-216-2264 |
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