HomeCompliance Program
Where promises
become trusted actions
A Promise for People, Practice Leading to Trust
Daehan Nupharm CP
Decision-Making with Fairness and Integrity as Top Priority
CP (Compliance Program) refers to a compliance system operated by a company to adhere voluntarily to fair trade-related laws and regulations.
The Compliance Program is a core pillar of Daehan Nupharm’s pursuit of “people-centered management” and “sustainable value creation.” Through CP, we strive to ensure that employees naturally embody ethical standards and make trustbased decisions in their everyday work. Daehan Nupharm will continue its journey with all stakeholders, building trust on honesty and creating a better tomorrow on such foundation.
Daehan Nupharm “Compliance Program” Framework
To establish a compliance culture firmly across the organization, Daehan Nupharm has developed a Compliance Program
operation framework based on the ten key elements represented by the letters in “COMPLIANCE.”
This framework emphasizes the importance of the Compliance Program (CP) and provides a systematic operational strategy
so that all employees can voluntarily comply with the relevant laws and internal regulations.
Daehan Nupharm CP Organizational System
To establish a compliance culture and realize sustainable ethical management effectively, Daehan Nupharm operates a systematic CP organization. The CP organization has a company-wide compliance management system in place based on the CEO’s strong commitment to compliance.
Roles of the CP Organization
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Compliance Manager- Oversees the company’s Compliance Program operations
- Chairs the in-house CP Operations Council
- Analyzes CPrisks and develops improvements as well as corrective and preventive actions
- Manages internal reporting systems including cyber whistleblowing
- Reviews and refers disciplinary actions for CP violators to the HR Committee
- Reports CPoperation matters directly to management and board of directors
- Discloses the internal CP operation status internally and externally
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Dedicated Department- Manages the company’s Compliance Program exclusively
- Executes pre/post/on-site monitoring
- Provides employee Compliance Program training
- Manages the CP Operations Council
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DHNP CP Operations Council- Discusses CP-related matters within the company
- Reviews compliance with CP-related laws and regulations prior to business execution
- Disseminates regulatory amendments and policy changes to employees
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Departmental CP Operations Managers and Other Employees- Conduct departmental CP self-checks using ethical management self-assessment indicators
- Carry out CP-related risk prevention activities within departments
- Perform job duties using the Compliance Handbook
Daehan Nupharm CP Operational Principles
How DHNPProtects Trust: “Together, Hand in Hand, Fairly” Daehan Nupharm strives to be “a healthy company for people” and believes that the roots of the ompliance culture are honesty, fairness, and mutual trust. In all business activities, we practice our Compliance Program based on the following operating principles:
- Core Principles
- DHNP’s Mindset for Transparent Transactions
- Fairness
- We eliminate unfair gains in all businesses and maintain balanced standards.
- Cooperation
- We respect all stakeholders,
think and act together.
- Coexistence
- We pursue a shared sustainable future rather than short-term gains
- Judgment Standards
- Ethical Standards for Right Decisions
- Transparency
- Decision-making and execution processes are clear, recordable,
and managed transparently for external understanding.
- Non-waiting (timeliness)
- All business decisions are made without expectations of return
and carried out according to their original purpose.
- Appropriateness
- All business activities are grounded in appropriateness and rationality.
Under these CP operating principles, Daehan Nupharm strives to instill a compliance culture throughout the organization, practice management with integrity, fulfill social responsibility, and build a sustainable future together.
Daehan Nupharm CP Operating Policy
"Trust Begins with Promises Kept"
Daehan Nupharm believes that “walking the path of integrity together” is the true beginning of sustainable management.
Therefore, we go beyond laws and regulations to build an honest, transparent corporate culture centered on people.
All employees practicing ethical standards responsibly in daily work—that is the core of Daehan Nupharm’s Compliance Program (CP).
- 01 All company business activities are based on compliance with the Fair Trade Act, Pharmaceutical Affairs Act, and all related laws and regulations.
- 02 All employees respect the pharmaceutical industry’s market order in their work and never engage in any acts that may cause unfair trade or unfair competition.
- 03 All employees comply with the in-house Compliance Program alongside the independent Compliance Manager and continuously strive for improvement.
- 04 Any violation of the relevant laws or CP regulations in the course of duties will subject employees to legal or disciplinary action proportionate to the violation, according to company rules and internal guidelines.
- 05 Upon becoming aware of legal violations, corruption, or unfair conduct during work, employees must immediately report to the Compliance Manager.
- 06 Employees have the right and obligation to report violations of the relevant laws and CPregulations during work, and they will be strictly protected from any disadvantage or HR penalty for doing so.
- 07 Employees pursue cooperation and coexistence with business partners based on trust and continually strive to prevent unfair trade or unfair competition arising from abuse of job position.
Daehan Nupharm CP Operational Goals
Realizing the Value of “0 (ZERO)”
Daehan Nupharm seeks to create a transparent business environment under the principles of honesty and responsibility shared by all employees.
The “0 (ZERO)” we pursue is not just a number but the starting point of ethical management that shuns unfairness and corruption.
The following five ZERO policy goals are promises that DHNP strives to keep, and its collective commitments to a healthy trade culture:
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01
ZERO Corruption
(ZERO Corruption)- All company business activities are based on compliance with the Fair Trade Act, Pharmaceutical Affairs Act, and all related laws and regulations.
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02
ZERO Legal Violations
(ZERO Legal Violations)- Strict compliance with all relevant laws in business activities, establishing a systematic internal control system to prevent legal risks
- Continuously updating company policies and regulations to match the changing legal environment
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03
ZERO Unfair Support
(ZERO Unfair Support)- Preventing all forms of support that unfairly benefit specific trading partners
- Guaranteeing transparent transactions and maintaining market competitiveness
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04
ZERO Unfair Trade Practices
(ZERO Unfair Trade)- Prohibiting abuse of dominant position to impose unfair trading conditions or disadvantage counterparts
- Ensuring that all transactions occur under fair and equal conditions
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05
ZERO Consumer Harm
(ZERO Consumer Harm)- Guaranteeing product and service quality, prohibiting false or exaggerated advertising and incomplete sales practices
- Providing prompt remedies and procedures to minimize consumer damage when complaints arise
