Corporate Governance

SCG conducts business in line with an ESG approach with responsibility, transparency, and fairness, adhering to the long-practiced business principles defined in the SCG Code of Conduct on the basis of sustainable and balanced benefits, with the Board of Directors serving as role models in compliance with SCG’s principles of corporate governance and Code of Conduct.

SCG strives to become a role model in corporate governance and has incorporated this resolution in SCG’s Vision with the conviction that SCG’s corporate governance ensures fairness, transparency, and long-term economic value for shareholders while inspiring confidence in all stakeholders and enhancing the Company’s competitiveness to achieve sustainable growth.

The Governance and Nomination Committee is entrusted with the duty of overseeing SCG’s corporate governance matters, encompassing the establishment of policy and guidelines as well as monitoring the performances of the Board of Directors and the Management to ensure their compliance with SCG’s corporate governance policy. The Committee also monitors and evaluates compliance with the corporate governance policy as well as reviews related guidelines to ensure their alignment with business operations and corporate governance practices at national and international levels on a yearly basis. Moreover, corporate governance is specified as one of the main items on the agenda at the Board of Directors Meeting.