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Charter of Ethics

• KNOC is the proud enterprise for people contributing to the development of the national economy and the stabilization of the petroleum supply in Korea by effectively operating businesses related to E&P, stockpiling, and oil distribution structure improvement. With pride and confidence, KNOC will be a global state-operated oil enterprise aiming for national energy independence and a globally reliable enterprise advancing together with local communities through responsible, transparent and ethical management. To this end, KNOC established the KNOC Charter of Ethics as the basis for righteous behaviors and the value judgment of all directors and employees. All directors and employees of KNOC faithfully comply with and practice the Charter of Ethics

  - We perform the businesses with an honest and fair attitude on the basis of high ethical values and lead the stabilization of a clean and anti-corrupt public service environment.

  - We always think and act from the customers (people’s) viewpoints and make customers delighted and pleasant through the timely supply of quality services satisfying the customers’ demands and expectation

  - We create a fair and transparent business environment and pursue the mutual growth of all related parties by strengthening the mutual confidence and cooperation relationship

  - We respect the personality of each director and employee, do not discriminate against any employee, give equal opportunity and fair evaluation, and focus on the improvement of the quality of life and health of all directors and employees

  - We comply with all rules and regulations of Korea and abroad and fulfill the responsibilities and obligations for the country and communities to become healthy, rich, and more advanced

  - We endeavor to prevent safety accidents and environmental pollution to respect life and build clean nature and environment