POSCO FUTURE M

With the highest priority on the safety and health and its employees, POSCO FUTURE M has established a safety and health policy and has been implementing it continuously.

With its safety management system, POSCO FUTURE M is striving to create a safe working environment and ensure that all employees have a sense of responsibility and awareness of safety and health through safety leadership and education. We carry out thorough risk management activities to prevent safety accidents, and aim to maintain a safe production environment by regularly conducting safety inspections and monitoring activities. We operate medical examinations and health promotion programs for the health management of our employees. We have established our safety and health management system with a focus on the health and safety of employees.

We have adopted the latest technology in our workplace aimed at preventing accidents and making a safe workplace to improve our safety management. At the enterprise level, we have devised response strategy and established a management system to spread a culture of safety. In addition, we are offering safety training for our employees and partners to spread safety culture

Risk Prevention Activities The number of risk factors at our production locations is dwindling with our increased focus on on-site inspections, which are intended to achieve zero accidents. We perform safety audit in advance to avoid any potential risks or accidents when expanding our facilities as our business grow. Comprehensive health and safety audits are also conducted to check the compliance status and prevent safety risks.

Status of certification for the Health and Safety Management System Health and safety affects the entire business. Today, implementing an occupational health and safety (OHS) management system has become a minimum legal requirement in many countries.
Moreover, more and more companies are increasingly asked to provide report on their health and safety performance.
For a more systematic management of corporate health and safety, POSCO FUTURE M have converted OHSAS 18001 we had previously earned to the international standard, ISO 45001 in 2020.

POSCO FUTURE M plans, establishes, and operates 17 mutual growth programs in three areas: fair trade, innovative growth, and cultural diffusion. Our strategy for win-win cooperation with suppliers includes ESG education, on-site diagnosis, and financial/welfare/technical support, and our various competency and ESG support programs contribute to building long-term partnerships with our suppliers.

POSCO FUTURE M's suppliers must comply with the Supplier Code of Conduct in standard contracts. The Supplier Code of Conduct stipulates the essential matters that suppliers providing products and services must comply with and requires all suppliers to protect stakeholders and employees by complying with all laws and regulations on the environment, human rights, social contributions, ethics and fair trade, safety and health, and quality management.

ESG purchase methods have been implemented according to the Corporate Citizenship management philosophy. The basic principle is to procure from suppliers with green operation processes. POSCO FUTURE M is leading sustainable purchases in the market.

POSCO FUTURE M is committed to establishing a responsible chain of mineral supply as our solution for solving social problems such as human rights violations that occur when mining minerals, environmental destruction, direct or indirect support to non state armed groups, money laundering, bribery and fraudulent misrepresentation of the origin of minerals. Thus, we have laid down a five-step process based on the OECD Due Diligence Guidance.

Responsible minerals are those that are mined such that does not fund armed conflicts, respects human rights and the environment, and fulfills social responsibilities. The international community attaches great importance to corporate responsibility for responsible minerals given the seriousness of conflict zones across the African continent (e.g. armed groups seizing distribution networks, child labor, human rights violations), the home of major responsible minerals. Accordingly, POSCO FUTURE M complies with the OECD Due Diligence Guidance for Responsible Supply Chain of Minerals and the RMI Responsible Minerals Assurance Process.

As a global company, POSCO FUTURE M takes into account the future of mankind and the environment, while staying committed to fulfill its responsibilities. We are establishing a responsible chain of mineral supply as our solution of solving social problems such as human rights violations that occur when mining minerals, direct or indirect support to non state armed groups, money laundering, environmental destruction, bribery and fraudulent misrepresentation of the origin of minerals.

Thus, POSCO FUTURE M is implementing the following process.

If POSCO FUTURE M does not receive sufficient information from the supplier to verify compliance with the Responsible Mineral Sourcing Policy, or if risks are found in the supplier’s supply chain and it does not take appropriate action, we will encourage the supplier to improve its capability by means of training or due diligence; POSCO FUTURE M may stop business with the supplier that intentionally provides false information or does not make efforts to correct the situation.

By conducting these activities, POSCO FUTURE M will actively participate in international efforts to source minerals responsibly, thereby fulfilling the social responsibility to protect human rights and the environment in conflict zones.

POSCO FUTURE M has established and implemented a quality management policy to provide our customers with the best products and services. We emphasize the importance of quality management in product manufacturing and sales, with a focus on customer satisfaction, and aim to improve quality and secure safety throughout the process. We are making efforts to establish a company-wide quality management system and enhance customer trust by strengthening individual quality management systems, continuously pursuing quality improvement activities, and cooperating and communicating with customers.

POSCO FUTURE M has introduced and complied with ISO9001 and IATF16949, the international standard quality management systems. Our refractories, furnace materials, quicklime, and chemical plants are certified with ISO9001. Our anode materials plant and cathode materials plants are accredited with IATF16949, the international standard for quality management systems in the automotive industry.