Sustainable Management
Based on the belief of “Making the world cleaner, healthier, and more beautiful through light,” Seoul Semiconductor has established an ESG management strategy and operates an implementation framework to ensure sustainable growth. In line with our ESG strategies across each area, we identify key initiatives, track performance through implementation and monitoring, and drive continuous improvement.
Sustainable Light Management for a Cleaner, Healthier, and More Beautiful World
We build a sustainable future together with light-enabling technology
Action Plan
Strategic Objectives
Environmental
- Establishing a Carbon-Neutral Management System
- Minimizing Environmental Impact
- Establishing a Resource Circulation System
- Establishing and Implementing a Carbon Reduction Roadmap to Achieve Carbon Neutrality by 2030
- Energy Efficiency Enhancement and Expansion of Renewable Energy
- Optimization of Resource Use
- Eco-friendly Design and Establishment of a Sustainable Production Base
Social
- Respect for Human Rights and Diversity
- Creating a Safe Workplace
- Mutual Growth with Local Communities and Supply Chain Partners
- Advancing a Human Rights Management System Based on International Standards
- Strengthening the Occupational Health and Safety System with a Goal of Zero Serious Accidents
- Improving the Work Environment and Strengthening Employee Health Management
- Practicing Management Centered on Customer Satisfaction and Value Creation
Governance
- Transparent and Accountable Governance
- Enhancing Ethics and Risk Management Framework
- Strengthening Trust-Based Communication with Shareholders and Stakeholders
- Anti-Corruption Risk Assessment and Strengthening Internal Controls
- Performance Monitoring and Decision-Making Support Based on ESG KPIs
Environmental
Action Plan
- Establishing a Carbon-Neutral Management System
- Minimizing Environmental Impact
- Establishing a Resource Circulation System
Strategic Objectives
- Establishing and Implementing a Carbon Reduction Roadmap to Achieve Carbon Neutrality by 2030
- Energy Efficiency Enhancement and Expansion of Renewable Energy
- Optimization of Resource Use
- Eco-friendly Design and Establishment of a Sustainable Production Base
Social
Action Plan
- Respect for Human Rights and Diversity
- Creating a Safe Workplace
- Mutual Growth with Local Communities and Supply Chain Partners
Strategic Objectives
- Advancing a Human Rights Management System Based on International Standards
- Strengthening the Occupational Health and Safety System with a Goal of Zero Serious Accidents
- Improving the Work Environment and Strengthening Employee Health Management
- Practicing Management Centered on Customer Satisfaction and Value Creation
Governance
Action Plan
- Transparent and Accountable Governance
- Enhancing Ethics and Risk Management Framework
Strategic Objectives
- Strengthening Trust-Based Communication with Shareholders and Stakeholders
- Anti-Corruption Risk Assessment and Strengthening Internal Controls
- Performance Monitoring and Decision-Making Support Based on ESG KPIs
We established the ESG Team in September 2024 to advance ESG management activities.
The ESG Team is composed of operational departments from each field, identifying key ESG tasks by department and continuously driving initiatives to achieve the set goals.
ESG Team
Working Group
Environment
- Climate Change
- Product Environmental Impact
- Carbon Neutrality
- Workplace Environment
- Resource Circulation, etc.
Social
- Human Rights Management
- Product Quality
- Talent Development
- Supply Chain ESG
- Occupational Health and Safety
- Customer Satisfaction
- Social Contribution, etc
Governance
- Board Governance
- Shareholder Policy
- Ethics and Compliance
This policy book comprehensively outlines the principles and strategic directions for realizing sustainable management across each ESG domain.
Ethical Management
Human Rights Management
Environmental Management
Occupational Health & Safety Management
Certificate
Seoul Semiconductor has established a sustainability management system in line with international standards through ISO 14001 (Environmental Management System) and ISO 45001 (Occupational Health and Safety Management System) certifications.
In the environmental field, we systematically identify, assess, and manage the environmental impact of our business activities, while continuously monitoring environmental performance through regular audits and renewal reviews. This enables us to proactively address environmental risks and practice eco-friendly management.
In the area of occupational health and safety, we prioritize the safety and health of employees and stakeholders, managing risks in advance and operating a management system to prevent industrial accidents. Safety performance is verified through regular audits, and continuous improvement activities are pursued.
As a responsible company committed to realizing ESG values, Seoul Semiconductor will continue to advance sustainable management where the environment and safety are in harmony.
Seoul Semiconductor recognizes corporate responsibility for climate change and resource issues, and practices systematic environmental management to minimize environmental impact.
We focus on four strategic pillars: responding to climate change, establishing an environmental management system, minimizing product environmental impact, and building a resource circulation foundation. Through these, we systematically manage environmental risks and continuously improve environmental performance.
By expanding low-carbon and eco-friendly technologies and implementing company-wide environmental responsibility management, we fulfill our responsibility as a leading global LED company committed to sustainability.
Responding to Climate Change
Establishing an Environmental Management System
Product Environmental Management
Resource Circulation
Seoul Semiconductor Co., Ltd. is striving to put in the following efforts for creation of corporate values and earth environment preservation under the principle that fulfilling our environmental and social responsibilities is of the foremost priority and value.
1. Set and announce the purposes and goals within the technologically and economically feasible ranges for accomplishment of product environment policies, and promote activities for realizations thereof. 2. Pursue compliance of domestic and overseas product environment related laws and regulations, and set and independently manage the improved and enhanced standards for the preservation of earth environment. 3. Provide overall information on product environment to all the staffs and executives, and entice them to realize their respective responsibilities through thorough education and training. 4. Determine the validity of the product environment management system by executing regular review by the management and internal environment evaluation of the system.
1. Set and announce the purposes and goals within the technologically and economically feasible ranges for accomplishment of product environment policies, and promote activities for realizations thereof. 2. Pursue compliance of domestic and overseas product environment related laws and regulations, and set and independently manage the improved and enhanced standards for the preservation of earth environment. 3. Provide overall information on product environment to all the staffs and executives, and entice them to realize their respective responsibilities through thorough education and training. 4. Determine the validity of the product environment management system by executing regular review by the management and internal environment evaluation of the system.
Date of announcement
2024. 01. 08
CEO
Lee Chung hoon
Seoul Semiconductor classifies the management targets that may be included in the products into 4 stages
Class I
EU RoHS regulated substances (10 types) and customer's special requirements (3 types)
Class II
Substances controlled by national law or conventions other than Class I
Class III
Substances that Seoul Semiconductor tries to voluntarily reduce in consideration of the impact on environment and human body
Others(Observation substances)
Substances expected to be regulated in the future
| Harmful substances | Management goals (mg/kg) | Analysis equipment | Analysis method | |
|---|---|---|---|---|
| Cadmium and its compounds | 5 | 50 | ICP | IEC 62321-5:2013 |
| Lead and its compounds | 100 | 800 | ICP | IEC 62321-5:2013 |
| Mercury and its compounds | 100 | 100 | ICP | IEC 62321-4:2013 |
| Hexavalent chrome and its compounds | 100 | 100 | IC | IEC 62321-7-1:2015 |
| PBBs | 100 | NA | GC/MS | IEC 62321-6:2015 |
| PBDEs | 100 | NA | GC/MS | IEC 62321-6:2015 |
| Phthalates(BBP, DBP, DEHP, DIBP) | 100 | NA | GC/MS | IEC 62321-6:2015 |
| Br(bromine) | 800 | NA | IC | EN14582:2016 |
| Cl(chlorine) | 800 | NA | IC | EN14582:2016 |
| Sb(antimony) | 700 | NA | ICP | EPA3052 |
Seoul Semiconductor recognizes that ethical and transparent business practices are the foundation for sustainable growth. We are committed to strict compliance with laws and principles in all aspects of our operations.
Based on domestic and international laws, global standards, and internal regulations, we are fostering a strong compliance culture across the company. Our efforts include reinforcing employee conduct standards, preventing risks related to anti-corruption, fair trade, and intellectual property protection, and ensuring transparent decision-making processes.
To further solidify our commitment, Seoul Semiconductor has established a Compliance Declaration that embodies the ethical responsibility and dedication of all employees.
We believe that businesses have meaning and value of existence only when they do not violate law and ethics in the world where people live. As a result, Seoul Semiconductor operates under the mission of “A company that constantly grows by providing pride to its employees, value creation to customers, stability to shareholders and helping the world.” In addition, Seoul Semiconductor will continue to ractice crystal management in accordance with the law and ethics as always.
CEO of Seoul Semiconductor
Lee Chung hoon
Director Status
Seoul Semiconductor ensures responsible decision-making and sustainable management based on the independence and expertise of its Board.
The Board plays a central role in setting strategic directions, reviewing key business issues, and overseeing ESG-related matters. It also strengthens internal committees and audit systems to uphold transparent and sound corporate governance.
IR Presentations
Seoul Semiconductor provides timely and regular disclosures to ensure transparent communication of key management information to stakeholders.
Seoul Semiconductor places the utmost priority on the safety and health of its employees and practices systematic occupational safety and health management.
We strengthen cooperative safety initiatives, improve working environments, and operate health management programs to ensure a healthy and safe workplace for all employees. In addition, we enhance chemical management systems to proactively identify and control workplace hazards.
Going forward, Seoul Semiconductor will continue to comply fully with occupational safety and health laws and regulations, while working with our partners to promote a strong safety culture.
Seoul Semiconductor conducts the safety environment diagnosis for all production sites and in-house partners on a regular basis through consulting with specialized companies in the safety, environment, energy, and health sectors. Participating in the “Safety and Health Coexistence Cooperation Program” organized by the Ministry of Labor, we provide safety and health support and training to our partners on a regular basis, and have achieved Grade A in 2015 in recognition for our contribution. On the other hand, we map and index the risks of all business sites to use them as a measure of risk management.
Seoul Semiconductor operates annual employee health checkups and various health promotion programs for employees’ health management. A professional health doctor supports health consultation to high-risk groups with four major diseases (hypertension, diabetes, hyperlipidemia, and liver disease) for thorough aftercare. We also investigated job stress by task to intensively manage the high stress group.
In addition, we installed an automatic ventricular defibrillator in case of an emergency and selected emergency rescue personnel for each floor to provide CPR training. We are also making efforts to improve the working environment of our employees. We measure the working environment and improve the working environment twice a year. Seoul Semiconductor will continue to carry out various health promotion and working environment improvement activities.
Seoul Semiconductor operates OHC (Our healthcare committee) through collaboration with domestic and international experts to improve the company's health management index and to enhance the diagnostic / prophylactic assessment of working environment above legal level and management level. In addition, we operate an OHC room equipped with body composition analyzers, blood glucose meters, and blood pressure devices to help prevent and manage chronic diseases of SSC / SVC employees and employees of internal partners.
Seoul Semiconductor has introduced a pre-environmental safety review system to review the risks beforehand on all substances used in the workplace. All chemicals used in our company cannot be used without a pre-risk review. All chemical handling equipment must go through the process of installation inspection, minimizing the risk that may occur. In addition, we are strengthening monitoring and conducting emergency response and training on a regular basis to prevent accidents related to chemicals.
Seoul Semiconductor is committed to ensuring sustainability across its entire supply chain and practices responsible management in line with global standards. To this end, we have established and operate the Seoul Semiconductor Supplier Code of Conduct. This Code of Conduct is based on global guidelines such as the UN Universal Declaration of Human Rights, the UN Guiding Principles on Business and Human Rights, and the RBA Code of Conduct, and serves as the standard for supply chain sustainability management.
We require mandatory agreements with our major partners regarding compliance with the Code of Conduct, and we continuously monitor adherence through new vendor assessments, regular evaluations, and supply chain risk reviews. Updates to global standards are also reflected in our Code, ensuring that our partners are supported in fulfilling their social and environmental responsibilities while practicing ethical business conduct.
Seoul Semiconductor recognizes the importance of selecting and monitoring suppliers to ensure sustainable management. Strict regulations are applied to Seoul Semiconductor’s suppliers to avoid importing minerals produced in conflict areas (especially the Democratic Republic of Congo). The regulations on the selection and monitoring of these suppliers are defined as external purchase policies and are constantly being revised
As part of economic sanctions to eradicate social issues such as infringements upon personal rights, exploitation of child labor and sexual assault in African conflict areas (10 countries including DR Congo), countries around developed countries have designated four major minerals (3TG: tin, tungsten, tantalum, and gold) that are mined in these regions as conflict minerals, and prohibit companies from using conflict minerals to prevent mining funds from flowing into military funds of rebels.
Seoul Semiconductor practices Sharing Management through diverse social contribution activities to realize our vision of “A Better World Through Light.”
Our initiatives include supporting underprivileged communities, sponsoring overseas child partnerships and emergency relief programs, providing scholarships for future talent development, encouraging employee talent donation activities, and supporting public-interest organizations. Through these efforts, we are fulfilling our social responsibility in various ways.
Going forward, Seoul Semiconductor will continue to share the company’s achievements with society, striving to create a sustainable community that grows together.
Support for the underprivileged in the community
Connection with international children and emergency relief support
Future talent traiging and scholarship project
Emplotee talent doantion activities
Public interest group sponsorship activity
2021
Nov
Donation of Violeds’ Air Purifier Sterilizers to 300 small business owners
Nov
Small business owners
Jun
Donation of relief items against COVID 19 to India
Jun
India
2020
Mar
Donations including special masks against COVID 19
Mar
Disaster Relief Association / Ansan city Hall
2018
Aug
Donation of 2,000 MOSCLEAN
Aug
Ansan city Hall
2017
Feb
Free replacement with LED Lights
Feb
Hanmin High School
2016
Dec
Donation to The UniKorea Fund Grant Program
Dec
UniKorea Foundation
Dec
Talent donation of the management and employees to Junior Science Class of the Ansan-inside Elementary School
Dec
Ansan Elementary School
Aug
Blood Donation Event
Aug
Korean Red Cross
Jul
Cambodian Ministry of Health donated 300 units of Mosclean
Jul
Cambodian Ministry of Health
Jun
Army Headquarters donated 1,000 units of Mosclean
Jun
Army Headquarters
2015
Oct
Signed a joint agreement for replacement / installation of street light LED lighting fixtures on Jungang-daero in Ansan-si
Oct
Ansan-si
Jun
One Company 1 Park Agreement Ceremony with Forest City Ansan
Jun
Ansan-si
May
Volunteering at a local nursing home
May
Yangji Home Care Center and Nursing Home
May
Donation to help Nepal earthquake
May
Good Neighbors
Apr
Signed an environmental protection fund donation agreement with Ansan Environmental Movement Association
Apr
Ansan Environmental Movement Association
Mar
Signed an environmental protection fund donation agreement with the Environmental Foundation
Mar
Environmental Foundation
Mar
Signed a MOU to support scholarships for low-income youth in Ansan
Mar
Ansan Human Resources Development Foundation
Jan
Volunteer activities for Living Facilities for the mentally retarded
Jan
House of Peace
2014
Dec
Donations to Ansan's Low-Income Youth Uniform Support Project
Dec
Ansan Caregiver Union
Sept
Employee Talent Donation Activities- Elementary school junior engineering classroom in Ansan
Sept
Elementary schools in Ansan
Apr~Present
Donation of Sewol Ferry disaster collection to scholarship
Apr~Present
Danwon High School
Apr~Present
Signing ceremony for 1 company 1 senior citizen center (Sponsor rice 40kg, 100,000 won every month)
Apr~Present
Hometown Village / Blue Village Senior Citizen Center
2013
Dec
Donation of end-of-year cake to local children's center
Dec
Sky Dream / Rainbow Local children’s center
Dec
Volunteer activities for Living Facilities for the mentally retarded
Dec
House of Peace
Sept
Donation of profits from the Happiness Sharing Bazaar
Sept
Gyeonggi Joint Funding Association
Jun~Present
Hope Love Light Sharing Project- 1: 1 Regular sponsorship of overseas children
Jun~Present
Good Neighbors
Jan
Donation of TVs to local children's center
Jan
House of Peace
2012
Nov
Watching basketball games with children of local children’s center
Nov
Ansan Wadong Gym
Nov
Volunteer activities for Living Facilities for the mentally retarded
Nov
House of Peace
Sept
Rural community experience with children of local children's center
Sept
Yeoju Deer Village
Aug
Volunteer activities for Living Facilities for the mentally retarded
Aug
House of Peace
Aug
Tidal Flat Experience with Children of Local children’s center
Aug
Seongam Fishing Village
Jul
Volunteer activities for Living Facilities for the mentally retarded
Jul
House of Peace
May
Movie Culture Event with Children of Local children’s center
May
Lotte Cinema
Mar
Tree planting event with children of local children's center
Mar
Center Playground and others
Mar
Movie Culture Event with Children of Local children’s center
Mar
CGV Cinema