SK ecoengineering

SK ecoengineering, together with its parent company SK ecoplant, operates shared growth programs in various fields such as finance, technology, and ESG. The Shared Growth Committee, chaired by the head of SK ecoplant's ESG Center, is held twice a year, in the first and second half of the year, to discuss plans to support business partners. The Shared Growth Committee is the highest decision-making body on shared growth policy and assigns accountability to management.

We see our business partners as our partners for life, and wish to grow along with them by enhancing their competitiveness in a rapidly changing business environment. To this end, we have adopted four practices¹⁾ to establish a fair subcontracting structure with our business partners based on our shared growth policy and reflected them in our corporate code. We also plan to establish a detailed implementation plan for shared growth and to gradually expand the support programs from 2023 through 2025.

1) Practices for executing agreements for win-win cooperation between large and small businesses; practices for issuing and preserving desirable documents in subcontracting transactions; practices for fair selection (registration) of suppliers; and practices for establishing and operating an internal review committee for subcontracting transactions

In 2022, SK ecoengineering and its parent company, SK ecoplant, introduced a new support program to strengthen the safety management capabilities of our business partners following the enforcement of the Serious Accident Punishment Act. We also operate various communication channels to actively listen to the opinions of business partners in the shared journey for mutual growth. Grievances are received and handled through the partner contribution column on the business partner website, and handle issues related to disagreements and subcontract payments through the operation of the Settlement Council.