Ethical Management
Purpose of Ethical Management
Whanin is making greater efforts in leading responsible management, righteous management and specialized R&D,
and realizing its management philosophy of “achieving growth and development to contribute to the creation of a healthier society”,
by obeying CP regulations and adopting corruption prevention management system.
Company Vision
Manufacturing excellent drugs
Preventing and
providing cure for illness
Ethical Management
Abidance to CP
Corruption prevention
management system
Trust Management
Healthy organizational culture
Transparent disclosure of information
R&D
Specialized research
systematic development
01
02
03
04
Compliance Program refers to the system which enhances law-abiding consciousness and ethics of executives and employees
by requiring them to voluntarilycomply with all laws related to the company’s management activities,
and prevents in advance the risks from violating the law.
Compliance Program
Enhancement of Domestic
and International
Creditworthiness
Incentives such
as Reduced Fine
Risk
Management
Global
Standards
Corporate Loss
Prevention
01 |
CEO’s Proclamation of Will to Implement CP The CEO’s will to implement voluntarily comply with fair trade-related laws and relevant policies should be delivered to all executives and employees in the form of proclamation ceremony or document (including electronic document). |
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02 |
Designating a Compliance Officer A Compliance Officer should be designated at the Board of Directors, and the designation should be announced to all executives and employees. |
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03 |
Producing and Distributing Compliance Program Handbook Compliance Program Handbook filed under the responsibilities of the Compliance Officer be distributed to executives and employees in fields with higher probability of violating fair trade-related regulations such as sales or procurement departments at the least. |
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04 |
Operating Education Program Training to prevent violation of fair trade-related regulations (including on-line video training) should be conducted for more than 2 hours for every 6 months on executives and employees in fields with higher probability of violating fair trade-related regulations such as sales or procurement departments. |
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05 |
Monitoring System CP Monitoring System should be established, and performances or plans of monitoring or audit on unfair trade should be reported to (or approved by) the Board of Directors or Chief Officers. |
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06 |
Punishing Executives or Staffs in Violation Company regulations defining the punishments for executives or employees responsible for violation of fair trade-related regulations should be prepared and operated. |
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07 |
Establishing Document Management System Documents related to CP should be systematically filed and stored. |
Fair Trade Commission
www.ftc.go.krKorea Fair Trade Mediation Agency
www.kofair.or.krKorea Fair Competition Federation
www.kfcf.or.krKorea Pharmaceutical and Bio-Pharma Manufacturers Association
www.kpbma.or.kr