Ethical Management
Mutual Growth
Pledge of Binggrae
Effort of Accompanied Growth with Cooperative CompaniesTo comply with the mission of sharing health and happiness and with the principle of providing the best value for customers, Binggrae is putting the effort to grow along with cooperative companies since 2014.
- A. Reinforcement of competitiveness and creation of synergy effect through mutual growth with large, medium, and small companies
- B. Contribution to country and society through peace and collaboration among large, medium, and small companies
- C. Creation of future values through multilateral cooperation among large, medium, and small companies
Accompanied Growth Activities
- A. Conclusion of fair trade agreement
- B. Meetings with cooperative companies
- C. Introduction of mutual payment system
- D. Introduction of benefit sharing system
- E. Introduction of mutual fund
- F. Preparation and administration of dispute mediation procedures
- G. Installation of evaluation committee for transaction with subcontractors
- H. Installation of department to promote internal fair transaction
- I. Support for sanitation/technology/facilities
- J. Operation of system for preliminary alarm of major information
Administrative Organization of Mutual Growth
-
CEO
-
Compliance Program Committee
- Purchase Team
- Subcontract Planning Team
- Financial Team
- Legal Team
- Quality Assurance Department
- Production Technology Team
- PR Team
- Accompanied Growth TF
-
Compliance Program Committee
4 Practices
01
- Practice for impartial selection (registration) of cooperative companies
- For transparent and impartial procedures in selecting new cooperative companies and in business operation, Binggrae has set the procedures of selection of cooperative companies and operation as the corporate regulations.
02
- Practice for installation and operation of evaluation committee for transaction with subcontractors
- To abide by the Fair Trade Act and to have no unjust treat against cooperative companies in transaction of subcontract with cooperative companies, Binggrae has a self-evaluation procedure.
03
- Practice for issue and conservation of proper documents
- Binggrae reflects the issue and conservation of documents that shall be issued for benefit of cooperative companies in conclusion and coexistence of subcontracts with cooperative companies on the corporate regulations for administration.
04
- Practice for proper conclusion of contracts
- To assure profit of cooperative companies in conclusion of contract, Binggrae sets the contents to be kept by Binggrae in contracts as the corporate regulations.
- Overview
-
Pledge of Binggrae
Effort of Accompanied Growth with Cooperative CompaniesTo comply with the mission of sharing health and happiness and with the principle of providing the best value for customers, Binggrae is putting the effort to grow along with cooperative companies since 2014.
- A. Reinforcement of competitiveness and creation of synergy effect through mutual growth with large, medium, and small companies
- B. Contribution to country and society through peace and collaboration among large, medium, and small companies
- C. Creation of future values through multilateral cooperation among large, medium, and small companies
Accompanied Growth Activities
- A. Conclusion of fair trade agreement
- B. Meetings with cooperative companies
- C. Introduction of mutual payment system
- D. Introduction of benefit sharing system
- E. Introduction of mutual fund
- F. Preparation and administration of dispute mediation procedures
- G. Installation of evaluation committee for transaction with subcontractors
- H. Installation of department to promote internal fair transaction
- I. Support for sanitation/technology/facilities
- J. Operation of system for preliminary alarm of major information
Administrative Organization of Mutual Growth
-
CEO
-
Compliance Program Committee
- Purchase Team
- Subcontract Planning Team
- Financial Team
- Legal Team
- Quality Assurance Department
- Production Technology Team
- PR Team
- Accompanied Growth TF
-
Compliance Program Committee
- Practices for Mutual Growth
-
4 Practices
01- Practice for impartial selection (registration) of cooperative companies
- For transparent and impartial procedures in selecting new cooperative companies and in business operation, Binggrae has set the procedures of selection of cooperative companies and operation as the corporate regulations.
02- Practice for installation and operation of evaluation committee for transaction with subcontractors
- To abide by the Fair Trade Act and to have no unjust treat against cooperative companies in transaction of subcontract with cooperative companies, Binggrae has a self-evaluation procedure.
03- Practice for issue and conservation of proper documents
- Binggrae reflects the issue and conservation of documents that shall be issued for benefit of cooperative companies in conclusion and coexistence of subcontracts with cooperative companies on the corporate regulations for administration.
04- Practice for proper conclusion of contracts
- To assure profit of cooperative companies in conclusion of contract, Binggrae sets the contents to be kept by Binggrae in contracts as the corporate regulations.