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Hanssem builds a supply chain that promotes shared growth with its partners.
Hanssem is building partnerships that grow together with its suppliers based on mutual trust.
Operating a cooperative framework with suppliers grounded in fair trade and mutual growth, Hanssem expands sustainable partnerships through diverse support in finance, technology, and welfare. It monitors and improves its level of mutual growth implementation through evaluations of fair trade agreement compliance and mutual growth indices.
Operating a cooperative framework with suppliers grounded in fair trade and mutual growth, Hanssem expands sustainable partnerships through diverse support in finance, technology, and welfare. It monitors and improves its level of mutual growth implementation through evaluations of fair trade agreement compliance and mutual growth indices.
Shared Growth Promotion System
Fair Trade
- Review contracts and transactions for compliance with the Subcontracting Act
- Respond to Fair Trade and Shared Growth Assessment
- Investigate unfair trade conduct of internal employees
- Fair trade training for employees (Subcontracting Act, Fair Trade Act, etc.)
Win-Win Cooperation
- Financial support for partners (win-win cooperation funds)
- Non-financial support for partners (recruitment/technology protection)
- Welfare support for partners (scholarships/medical expenses)
- Occupational health and safety consulting support (prevention of punishment for serious accidents)
Fair Trade Agreement Performance Assessment & Shared Growth Index Results
Fair Trade Agreement Performance Assessment
Best Grade
Shared Growth Index Evaluation
Excellent Grade
- As of 2025
‘Excellent’ among 236 companies targeted for publication: 70 companies
Rating: Best-Excellent-Good-Normal-Poor
Support Programs for Partners
Mutual Growth Fund Program
Hanssem operates a Mutual Growth Fund offering lower interest rates than conventional loans to support smooth cash flow for its purchasing partners and distributors. As of 2025, the fund has been established with approximately KRW 23 billion, with 112 partner companies participating. This enables partners to secure financing at preferential rates lower than market interest rates, substantially reducing their operational burdens.
Technology Protection Program for Partners
Hanssem fully supports the technology deposit fees to safely protect the unique technological capabilities held by its partners and enable them to achieve sustainable growth. This goes beyond merely preventing technology leakage; it aims to formalize partners' innovative technologies as core corporate assets and create a virtuous cycle of mutual growth, leveraging this foundation to generate greater business opportunities.
Recruitment Support Program for Partners
To help our partners secure top talent, we provide a dedicated online recruitment portal for Hanssem partners free of charge. We spare no effort in offering indirect support to alleviate labor shortages and ensure employment stability, including talent matching services and financial incentives upon successful hiring.
Welfare Support Program for Partners
Hanssem operates a multifaceted welfare program for employees of partner companies and their families, providing support for medical expenses, scholarships, and health screenings. This initiative establishes a foundation enabling partner company members to lead stable lives and grow together.
- This support program is subject to change based on our company's internal policies and circumstances.
Hanssem prioritizes fairness and transparency as its foremost principles in all transactions with partners.
Based on the four key practices of fair trade, we are strengthening our employees' compliance awareness and fostering a mutually beneficial transaction culture with partners. To this end, we are promoting the introduction of a Fair Trade Compliance Program (CP) and establishing a voluntary fair trade practice system. We will continue to prevent unfair trade practices and maintain responsible supply chain management.
Based on the four key practices of fair trade, we are strengthening our employees' compliance awareness and fostering a mutually beneficial transaction culture with partners. To this end, we are promoting the introduction of a Fair Trade Compliance Program (CP) and establishing a voluntary fair trade practice system. We will continue to prevent unfair trade practices and maintain responsible supply chain management.
Promise for Fair Trade
| Raising awareness of fair management | Internal control training for compliance and anti-corruption corporate culture |
|---|---|
| Fair trade with business partners | Complying with the four practices of "shared values" for fair trade |
Fair Trade Compliance Program
Unfair Trade Risk Management Indicators
| Indicators | |
|---|---|
| Subcontractors are registered and purchase contracts are in place | Unfair unit price reductions in transactions with partners |
| Price reduction letters/unit price agreements are completed and the attached documents are appropriate | Compliance with procedures for suspending transactions with suppliers |
| Unfair price reductions in transactions with partners | Establishment and implementation of the Subcontract Price Linkage System |
Hanssem is building a sustainable supply chain together with its partners. Based on its sustainable supply chain policy and partner code of conduct, it practices responsible management across the entire supply chain through a process that spans partner selection, ESG evaluation, and subsequent improvement based on results. We assess partners' ESG status focusing on labor/human rights, safety/health, environment, and ethics, and jointly pursue improvements in necessary areas. Through education and consulting support, we help strengthen partners' ESG capabilities and expand sustainable partnerships.
Supply Chain Sustainability Management Process
Partner Code of Conduct Compliance Pledge
- Obligation to sign at the time of purchase contract
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Selection of Partners
- Targeted at strategic and key partners
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Partners ESG Evaluation
- Evaluation in environmental, social, and governance areas
- Conducted once annually
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Evaluation Results and Actions
- On-site visits and corrective actions based on results
- ESG consulting and training provided to high-risk companies
Supplier ESG Assessment Items
Environmental
Environmental strategies, Environmental organization, Environmental management, Environmental erformance
Social
Social in general, Labor,
Information security, Supply chain & Consumers,
Health & Safety
Information security, Supply chain & Consumers,
Health & Safety
Governance
Governance,
Ethical management
Ethical management
ESG Management Support Activities
ESG Training for Partners
- Conduct ESG training during supplier meetings
- Provide training for purchasing personnel on supply chain sustainability trends and supplier ESG management policies
ESG Consulting Support
- Consult on ESG diagnostics and improvement roadmaps by area
- Consult on management system establishment and regulatory compliance strategies