Reward for Reporting Ethical Misconduct

With the goal to build a sound corporate culture by preventing ethical misconduct, POSCO Malaysia rewards those who report ethical misconduct.

Filed reports are kept strictly confidential. For qualifying reports, cases are processed as quickly as possible; their outcome can be tracked through the channel used to file the complaint.

What is Ethical Misconduct?

  • Act of accepting bribes or lavish treatments offered by external stakeholders to influence business decisions
  • Use of one's position of power to gain unjustified personal benefit, using unjust means
  • Other ethical misconduct involving external stakeholder(s)

Reports Not Investigated

A report will not be investigated if:

  • You report about an employee's personal life and/or private disputes that the company cannot get involved in
  • You request preferential treatment in connection with the report or make the report for unjustifiable purposes
  • You slander others with unfounded, malicious reports or falsehoods or one-sided allegations

Eligibility & Reward Value

Eligibility: General public and POSCO Group employees not associated with the misconduct.

Reward: Maximum ₩100 million, plus 10% of recovered amounts (capped at ₩100 million).

Exceptions to Reward Payment

  1. When the report is proven to be false, or when the claim cannot be substantiated due to insufficient evidence
  2. When the reported misconduct is unassociated with the business activities involving external stakeholder(s)
  3. Cases involving direct damage such as embezzlement or theft, where all whistleblowers are already rewarded under a separate scheme
  4. When the reported misconduct has already been reported or is under investigation by the ESG team
  5. For misconduct already exposed in media
  6. When the whistleblower requests anonymity or uses a pseudonym
  7. When the report simply suggests a business process improvement
  8. When deliberation rules the report ineligible for the reward

Whistleblower Protection

Should an employee become aware of the whistleblower's identity in the line of work or by chance, the identity shall be kept concealed.

Any act or attempt, such as inquiry or investigation, made to expose the whistleblower's identity is strictly prohibited. Protection includes confidential reward delivery and penalties for violators.

How to File a Report

Reports may be filed via the Cyber Center (online), by mail, by phone, or in person. Please document the matter using the 5W1H framework (Who, What, When, Where, Why, How) to help the investigation.

Contact Information

External: Tel : (603) 3101 2422

Internal : Tel : (603) 3101 2422 ext: 3309

 

Address: Posco-Malaysia Sdn Bhd

Fasa 2A, Lot 60 & 61,
Jalan Sungai Pinang 5/1,
Taman Perindustrian Pulau Indah,
42920 Pulau Indah, Selangor

Submit a Report

 

HQ: ethics@posco.com (Ethics)