Jeong-do Management

LG U+ practices Jeong-Do management to develop competencies in which it can fairly win the competition according to principles and standards.
In particular, we are continuously doing our best to achieve our vision to become ‘No. 1 LG’ by practicing ‘Jeong-do Management’ through ‘customer-value
creation’ and ‘people-oriented management.’

Vision : No. 1 LG, Code of Conduct : Righteous Management, Management Philosophy : Customer-value creation and people-oriented management, Three Elements of Righteous Management - Honesty : LG maintains transparency in the workplace based on principles and standards., Fair Treatment : LG pursues equal opportunities and fair treatment in every trading relationship., Competence-Based Fair Competition : LG develops competencies to play fair and win

Jeong-do Management Organization

LG U+ operates a group of teams to fulfill its duties and responsibilities for its customers, ensure fair trade and competition, help our employees follow ethical principles, and make
contributions to employees, the country, and society.
Under the Jeong-do Management Division, we have four teams: Office of Ethics, Management Diagnosis Teams 1 and 2, and the new Internal Control Team founded in 2019.
The Office of Ethics is in charge of the whistleblowing hotline, research, planning and compliance diagnosis, training, promotion, and consultation on Jeong-do Management.
Management Diagnosis Teams 1 and 2 identify each division and business area’s competitiveness and offer consulting services, while Internal Control Team performs an evaluation on the accounting and risk management systems.

Audit Committee Under the Board of Directors - Righteous Management Teams - Office of Ethics : Inspection of non-compliance with the terms and principles, Diagnosis of plans and life cycles, Managing a whistleblowing hotline (Sinmungo), Provision of training on the righteous management and establishment of the culture of righteous management, Management Diagnosis Teams 1 and 2 : Regular evaluations on division or business area’s performances, Diagnosis of plans and life cycles, Internal Control Team - Risk management, Financial audit, Diagnosis of plans and life cycles

Promotion of Jeong-do Management

LG U+ periodically carries out education targeting our executives and staff members to spread Jeong-Do Management and remind them about its importance.
Such Jeong-Do Management–related education includes the principles of Jeong-Do Management for each job category and rank and Jeong-Do Management cases and risks
in case of violation in addition to the contents regarding corruption prevention and fair transaction.

For more details, please refer to LG U+'s Sustainability Report.