POSCO became the first company in Korea to receive an AA grade for the 4th consecutive time in the `Compliance Program.`
POSCO, since having acquired an AA grade in the `Compliance Program,` which was first started in 2006 by the Fair Trade Commission, has successfully maintained the highest AA grade in the re-evaluation every two years for 7 years.
Especially in this year`s evaluation, 7 Family companies including POSCO CHEMTECH, POSCO Specialty Steel, POSCO C&C, POSCO PLANTECH, POSMATE, POSCO M-TECH, and POSCO A&C also received A grades, officially being recognized for settling in a fair trade culture in investing companies as well.
According to evaluation results, POSCO as well as the 7 investing companies are given the benefit of reduced surcharges and exemption from official authority investigations for a certain period of time by the Fair Trade Commission.
POSCO and POSCO Family companies plan to continue hosting fair trade academies, internal and external specialty education, and promote self-investigation on fair trade, so that the fair trade culture can settle in within the corporate culture more proactively and secure an image of a model fair trade company.
Jinsuk Jeong firstname.lastname@example.org
(Data=Fair Trade Support Group)