SK hynix has established, disclosed and implemented the ‘Human Rights & Labor Policy’ to respect the rights of members and business stakeholders. The policy includes operational guidelines such as the general principles of respect for human rights, as well as the prohibition of forced labor, prohibition of child labor, work of minors, work hours, wages, non-discrimination, freedom of association, responsible procurement of minerals, and protection of stakeholder information.

We have established an inspection process for human rights and labor to regularly diagnose and improve human rights and labor risks that may arise in working environments and we continue to respond to human rights and labor issues in collaboration with RBA and UNGC.

Types of human rights and labor inspection

1. RBA(Responsible Business Alliance): The world's largest industry coalition dedicated to corporate social responsibility in global supply chains

Process of human rights and labor inspection

• Step 1

  Assessment & Consulting

  • Participation of key departments/personnel in due diligence and understanding of the purpose of due diligence
  • Inspection of risks and data on human rights and labor
  • On-site facility inspection
  • Risk assessment and drawing of conclusions
  • Collaboration with external experts for human rights impact assessment
• Step 2

  Corrective Actions

  • Analysis on the cause of each risk
  • Development and review of improvement plans for systems
  • Suggestion and recommendation of improvement measures to partners that have had their consultation completed
• Step 3

  Communication

  • Inspection of implementation and feedback sharing on improvement solutions
  • Inspection of continuous improvement measures
• Step 4

  Tracking Implementation & Feedback

  • Report of site inspection results
  • Supplementation and improvement of implementation procedures

SK hynix regularly conducts human rights training for its employees to prevent human rights violations and foster a culture of protecting employee rights. To spread a culture of human rights management throughout the supply chain, the company also provides human rights training to employees in the procurement department and regularly conducts human rights training for its suppliers.

We are identifying human rights and labor issues to respect the rights of our members and offer various forms of consulting and training for improvement.

*Resolution Rate of Reports: 100%

Grievance Reporting Channel

SK hynix has different grievance reporting channels freely accessible to internal and external stakeholders so that the company actively engages in resolving grievances and complaints. All the reports filed are completely treated as confidential and the reporter's identity is protected. Also, all the reporters are protected by the company from penalties induced by grievance reporting.

New windowGrievance Reporting Channel for external stakeholders

Grievance Procedure

Submitted grievances are processed as follows:

• Grievance Procedure

• Step 1 Receipt of Grievance

  A grievance is filed by an internal or external stakeholder and acknowledgement of receipt of grievance is provided.

• Step 2 Review of Grievance

  The type and specifics of the grievance are reviewed to assign the case to the relevant team for grievance handling.

• Step 3 Grievance Consultation

  A grievance consultation is conducted to relieve psychological stress and seek a solution based on the circumstances.

• Step 4 Start of Investigation

  If an official investigation is deemed necessary to check facts in detail, the case is transferred to the dedicated team for objective investigation.

• Step 5 End of Investigation

  Once the investigation is closed after fact-checking, follow-up measures are taken and the reporter is informed of the result.