NEWS

      Title LS Cable & System becomes first global cable company to obtain international compliance management certification
      Date 2024-10-10



      Photograph) Kim Byeong-ok, CSO and head of LS Cable & System's Management Support Division (right), and Lim Seong-hwan, CEO of BSI Korea, take a commemorative photo at the ISO 37301 certification ceremony held at LS Cable & System's headquarters in Anyang-si, Gyeonggi Province. 


      ■ ISO 37301 certification from British Standards Institution will strengthen company's ESG management and improve competitiveness
      ■ Pursuing ethical and transparent management that complies with global standards
      ■ Secured compliance credibility and strengthened position in global market



      LS Cable & System announced on the 10th that it has acquired ISO 37301 certification for its compliance management system from the British Standards Institution (BSI). 

      This certification, which LS Cable & System is the first in the global cable industry to acquire, evaluates whether a company's compliance with laws and regulations and its ethics system meet international standards.

      LS Cable & System has been strengthening compliance management and pursuing certification to gain trust from global customers and investors. BSI highly praised LS Cable & System’s executives and employees for strengthening the company’s compliance management system through systematic management policies and regulations.

      In addition, this certification is closely related to ESG (environment, society, governance) standards, and is expected to contribute to strengthening LS Cable & System’s ESG management and enhancing its competitiveness in the global market, including Europe.

      “Compliance and ESG factors are becoming important evaluation criteria in the bidding processes of global clients,” said a company official. “This certification allows the company to clearly demonstrate its compliance record and strengthens its position as a company pursuing ESG management.”

      Kim Byeong-ok, CSO and head of LS Cable & System’s Management Support Division, said, “This certification is an important milestone in our pursuit of ethical and transparent management that meets global standards. We will continue to strengthen our reputation in the global market through continued compliance activities.”
       

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