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2015 Aekyung Industrial Co., Ltd. Corporate Sustainability Management Report 2015 Aekyung Industrial Co., Ltd

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2015 Aekyung Industrial Co., Ltd. Corporate Sustainability Management Report 2015 Aekyung Industrial Co., Ltd 2015 Aekyung Industrial Co., Ltd. Corporate Sustainability Management Report 2015 Aekyung Industrial Co., Ltd. Corporate Sustainability management Report TABLE OF CONTENTS 04 CEO Message Management Philosophy of Aekyung Company of Promoting Value 06 Overview of the Report Customer-Centered Company in its people 27 Aekyung's Smart Green 49 Aekyung's Human Resources Overview of Aekyung Management 54 Aekyung's Management 10 History of Aekyung 31 Aekyung's Consumer-Oriented through Gratitude 12 Aekyung's Governance Structure Management 55 Aekyung's Management & Organizational Structure Company for Eco-Friendly & through Reading 14 Current Status of Aekyung’s Green Accompanied Growth Company of Interaction Employees 35 Aekyung's Integrated Quality, 15 with the Local Community Economic Value of Aekyung Environment, Green 60 Aekyung's Management Management Sustainable Products with Sharing and Business Status 47 Aekyung's Management for Accompanied Growth 18 Aekyung’s Sustainable product 65 Appendix 21 Aekyung’s Business Status SMART-GREEN Management of Aekyung Aekyung implements Smart- Green Management so consumers use Aekyung's products and services and at the same time become eco-friendly consumers CEO Message Corporate Sustainability management Report 2015 Aekyung Industrial Co., Ltd. Through accomplishing 3 strategic goals, we promise to develop as a sustainable company and to offer high-quality products and services to customers. 4 My dearest and respectful Aekung stakeholders! Greetings! In the previous year, our Aekyung, to become a sustainable company, implemented management tasks, aiming at offering higher values to customers and taking the society, economy and the environment into consideration, all of which led to record high sales and a range of minor and major accomplishments. Particularly, in our efforts to overcome difficulties in management and transform this hard time into an opportunity to leap, we set our management policy as 'Enhancement of the Company Value through Creating Brand Power', under which the action strategies with 3 strategic goals of 'Maximizing Strengths of the Company', 'Selection and Concentration Focused on Strategic Brands', 'Enhancing Implementation Power through Work Field Management and Explicit Communication' were set and we provided with better products and services to customers. Aekyung will continue to implement the 3 strategic goals and develop as a sustainable company that provides high-quality products and services to Aekyung's customers. www.aekyung.co.kr Aekyung's first Sustainability Report published in 2015 transparently presents accomplishments and performances made by sustainable management in the year 2014. I ask for your special attention to and continued interest in Aekyung. Thank you. March 23, 2015 Ko Gwang-hyeon CEO, Aekyung 5 Overview of the Report Overview of the Report Aekyung Industrial Co., Ltd. publishes our first CSR report and will continue to make public our activities towards sustainability management to communicate with our stakeholders. •Timeframe of the Report This report is about accomplishments for the period from January 1 to December 31, 2014. To help stakeholders understand yearly trends, data after the year 2010 was reused. This report only contains accomplishments made by Aekyung Industrial Co., Ltd. (Unlisted company with no daughter companies) •Scope of the Report This report includes activities carried out by the headquarters in Seoul, the research center and Daejeon Plant in Daejeon, Cheongyang Plant in Cheongyang, logistics bases in Cheongwon, etc. to do our social duty as a citizen enterprise in the areas of economy, the environment, and social contribution. •Reporting Process This report defines in advance the indicators for management performances in the sectors in relation to the Corporate Sustainability management Report 2015 Aekyung Industrial Co., Ltd. sustainability of Aekyung Industrial Co., Ltd., which are related to economy, society, the environment, labor, and human rights, and discloses performances and accomplishment of activities in those sectors. •Report-Writing Standards The report focused on a range of management activities, which can lead to sustainable development together with global citizens and was written in accordance with GRI (Global Reporting Initiative) G 3.1. •Verification of the Report To provide better credibility of this report for stakeholders, the contents of this report have been verified by an expert in sustainable management from the Korea Chamber of Commerce & Industry as a third verification •Information Sharing This report is published to share information on management of Aekyung Industrial Co., Ltd. with relevant stakeholders of the company, who are customers of Aekyung's products and services, partner companies and affiliated companies who supply quality raw &subsidiary materials to Aekyung, NGOs who work hard for low carbon, green growth of the society, financial institutions and stockholders who invest directly and indirectly in Aekyung, and Aekyung's employees who are shaping up a happy life together. •Enquiries about the Report Further details can be found at the company web site below and any enquires about this report can be made to the contact point below. We will do our best to provide information and satisfying responses. Aekyung Industrial Co., Ltd. Address : 1547-9 Chungui-ro, Jeongsan-myeon, Chengyang-gun, Chungcheongnam-do Cheongyang Plant 345-814 http://www.aekyung.co.kr 6 Aekyung is Always with You in Caring, Loving, Smiling and Beautiful Life of Yours. www.aekyung.co.kr 7 LOVE & RESPECT Aekyung is making the world full of love and respect. Overview of Aekyung 2015 Aekyung Industrial Co., Ltd. Corporate Sustainability Management Report Overview of the Company Aekyung Industrial Co., Ltd. manufactures and sells laundry detergent, kitchen detergent, products for dental care, hair care, body care, which are used in home as well as cosmetics, etc. Our vision is to be the 'Life Stylist for Customers' Higher Values in Life' as we step towards our customers. •Address of Business Locations & Number of Branches Section Address and Number of Branches Number of Employees (persons) Design Center 6-gil 41 World Cup Buk-ro, Mapo-gu, Seoul 63 Aekyung Institute of Technology 120 Sinseoungnam-ro, Yuseong-gu, Deajeon 59 Daejeon Plant 174, Daehwa-ro 32 Beon-gil, Daedeok-gu, Daejeon 37 Cheongyang Plant 1547-9 Chungui-ro, Jeongsan-myun, Cheongyang-gun, Chungnam 199 Business Branches 11 branches throughout the nation 101 Room317/318, Yun ChengNorth2Road NO.163, Bai Yun District, Guang Zhou Branch 1 Guang Zhou, China Total 691 Corporate Sustainability management Report 2015 Aekyung Industrial Co., Ltd. History of Aekyung 1951. 10. Established Daeryung Industry 1954. 06. Established Aekyung Fat & Oil Industry 1975. 07. Constructed Daejeon Synthetic Detergent Factory 1985. 04. Established Aekyung Industrial Co., Ltd. 1994. 06. Constructed Cheongyang Factory 1997. 04. Cheongyang Factory, obtained ISO 9002 Certification 1998. 07. Daejeon Factory, adopted eco-friendly production process for powdered laundry detergent 2001. 10. Opened Aekyung Integrated Technology Center 2003. 04. Obtained ISO 9001 Certification 2005. 05. Obtained ISO 14001 Certification 2005. 09. Constructed Cheongyang Logistics Center 2006. 02. Daejeon Factory, selected as an eco-friendly company 2007. 05. Constructed Aekyung Design Center 2007. 07. Signed Green Partnership Voluntary Agreement with partner companies 2009. 12. 12 products of SPARK, obtained Carbon Label Certification 2010. 02. Signed Carbon Partnership Voluntary Agreement with partner companies 2010. 10. 6 products of TRIO Grain Dishwashing, obtained Carbon Label Certification 2010. 12. 12 products of LiQ, obtained Carbon Label Certification 2011. 11. "SPARK 3kg Carton", obtained world's 1st Low-Carbon Label Certification 2012. 08. 10 products of SPARK, additionally obtained Low-Carbon Label Certification 2012. 10. Participated in Low-Carbon Green Growth Expo 10 2012. 11. SPARK MINI, selected as "Green Product of the Year" by consumers 2012. 11. Selected as an award-winning company of "Green Product of the Year" for 3 consecutive years 2012. 12. Signed a Voluntary Green Product Partnership Agreement with partner companies 2013. 06. Perfect One Rinsing, selected as "2013 Popular Green Product" by consumers 2013. 06. Selected as an award-winning company of "Green Product of the Year" for 4 consecutive years 2013. 12. Selected as the record-holder for most Low-Carbon Label certifications among household product companies 2014. 04. Aekyung Industrial Co., Ltd.'s 29th Anniversary of foundation 2014. 06. Selected as an award-winning company of "Green Product of the Year" (2080 Solar Salt Gargle) for 5 consecutive years 2014. 06. Aekyung Group's 60th Anniversary of foundation 2014. 06. Aekyung Industrial Co., Ltd., concluded labor-management negotiations without collective bargaining for www.aekyung.co.kr 12 consecutive years 2014. 09. Selected as the best company in Korea Reading Festival 2014. 09. Declared adoption of Category Consumer Management 2014. 11. Received Grand Prize in 'Korea's 100 Great Work Places (GWPs)' 2014. 12. "Container of Liquid Laundry Detergent LiQ 3L for front loaders", obtained 1st Zero Carbon Label among household product companies 11 Overview of the Company Aekyung's Governance Structure & Organizational Structure •Governance Structure - Composition & Operational Status of Board of Directors Board of Directors of Aekyung Industrial Co., Ltd. consists of 6
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