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Ethical Management and Compliance

SK Rent-a-Car operates an ‘anti-corruption policy’ to spread ethical culture and fulfill its responsibilities

Anti-corruption Policy

SK Rent-a-Car (hereinafter referred to as the “company”) operates the following ‘anti-corruption policies’ to pursue the continuous happiness of its members and stakeholders and to build a fair and transparent corporate culture.

  • 01Prohibition of corrupt activities
    All members of the company are prohibited from acts related to corruption.
  • 02Legal compliance
    All members of the company shall comply with domestic and international corruption-related laws on top of our regulations and guidelines that apply to their business activities.
  • 03Anti-corruption management system
    We establish an anti-corruption management system that meets global standards while continuously improving the level of anti-corruption management through implementing and monitoring all members.
  • 04Reporting system
    We activate the reporting system and implement protective measures for whistleblowers so that our members can join the anti-corruption activities without feeling burdened.
  • 05Actions for non-compliance
    We take strict measures against the members who do not comply with the anti-corruption policy in accordance with the relevant regulations and disclose the handling results to the members.
  • 06Authority and independence
    We guarantee the authority and independence of organizations and members in charge of anti-corruption.
  • 07Will for execution
    The company management fully supports the efficient implementation of the anti-corruption management system.

Anti-corruption management system(ISO 37001)

  • ISO 37001 Certification

    Through the deliberation of the BOD, we established an anti-corruption management system compliant with global standards and formulated an internal anti-corruption policy. Through these efforts, SK Rent-a-Car headquarters, Jeju EV Park, and Anseong sales center obtained ISO 37001 certification from the British Standards Institution (BSI) in October 2022, becoming the first in the industry.

  • Operation of a Reporting Channel

    SK Rent-a-Car operates a reporting channel for those who have witnessed a violation of the ethical management principles, and the reporting can be done by name or anonymously. Any action that involves ethical problems, such as malpractice against business partners, a lack of respect among employees, or violations of social values, is subject to reporting. In addition, we operate a whistleblower protection program to ensure that whistleblowers do not face any punitive measures or discrimination. The whistleblower’s identity, report content, and information of those who cooperate in the investigation are kept strictly confidential.

Processing Steps

  • Registration

  • Review of report

  • Preliminary investigation

  • Main investigation

  • Completion of investigation

Whistleblower Protection Program

  1. 01We ensure that whistleblowers do not face any punitive measures or discrimination for filing a just report.
  2. 02Those who have been subject to punitive measures may request rectification and protection from the dedicated department for ethical management. The department will make all the necessary means to minimize the effects of such measures.
  3. 03The identity of the whistleblower and report contents are kept strictly confidential and never disclosed against the whistleblower’s will.
  4. 04Equal protection will be granted to those who have cooperated in the investigation by giving testimonies or related information.
  5. 05Those who have participated in unethical and unlawful behaviors but have voluntarily reported their participation in such behaviors could see mitigated punishment.
  • Operation of the Risk Prevention System

    SK Rent-a-Car ensure preemptive risk management by drafting checklists for major business areas and having each business unit voluntarily review its status and solve issues. The checklists consist of categories for assessing risks appropriate to the characteristic of each job, including HR management, cost management, procurement/business partner management, sales/bond management, investment management system, inventory management, and unusual factors. In addition, the Corporate Audit Team conducts regular business unit-level audits, ongoing monitoring, and assessments of work practices to identify and improve risk factors.

SK Rent-a-Car Anti-Corruption Activities in 2023

NO Period Details Note
1 January 2023 Compliance pledges for all employees -
2 Ethical management guidelines for the Korean New Year’s Day -
3 May 2023 Risk assessments related to anti-corruption by division -
4 May 2023 Online training on ethical management for all employees * Completion rate : 100%
5 Monitored the operation status of company-wide risk prevention system -
6 July 2023 Online training on ethical management for the supervisory committee -
7 Workshop to practice ethical management for all divisions of the organization * Completion rate by division : 100%
8 August 2023 Campaigns on anti-corruption activities and policy -
9 Post-evaluation of the ISO 37001(Anti-Bribery Management System) certification -
10 Conducted ethics practice surveys to all employees -
11 September 2023 Ethical management guidelines for the Korean Thanksgiving, Chuseok -
12 October 2023 Online training on ethical management for employees of our business partners * Employees of business partners : SPs(Sales Partners) and sales channel operators not under direct management
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