SocietyㅣESGㅣSamyang Corp.

Society

We commit relentless dedication to
build a society of collective
prosperity.

We take our role as a socially-responsible company seriously. We are committed to helping the local community, bringing happiness to our employees, achieving joint growth with our partners and providing reliable products and services to consumers.

Customer
Health &
Nutrition

We care about the health and nutrition
of our customers.

With the aim to reflect the increasing interest our customers have for healthy food and nutritional balance, Samyang Corporation’s Food Division pays special attention to improve the health and nutrition of our customers during the process of developing and providing our products and services. Using our exceptional R&D technology, we develop healthy products by reducing sugar and calories and operate a stringent food safety system.

Certification by business

Product Safety
and Quality

We strive to provide highly-safe products
to our customers.

Providing highly-safe products to customers is imperative for the continuation of business and sustainable growth. Producing and selling products that regard the safety of customers as the highest value is becoming increasingly important. Samyang Corporation’s Chemical Business operates a quality management system and process, and strictly manages prohibited harmful materials to improve product safety.

Certification by business

Safety & Health
Management
at Worksites

Safety of our employees always comes first.

Safety and health regulations applied to our worksites are getting increasingly stricter as seen with the enforcement of the Serious Accidents Punishment Act, which places the responsibility and obligation of preventing industrial accidents on the CEOs. Against this backdrop, Samyang Corporation has reformed its safety and health governance structure and established safety and health management policies for each business division to ensure strict management of safety and health companywide and create a culture that promotes safety and health.

Food Safety and Health Management Policy Chemical Safety and Health Management Policy

Disaster Occurrence Status of Employees of Samyang Corporation

Disaster Occurrence Status of Employees of Samyang Corporation
Business Year	Number of Full-Time Workers	Injuries and Illness	Total	Disaster Rate(%)
2022	1,250	5	5	0.40
2021	1,353	2	2	0.15
2020	1,354	2	2	0.15

(Unit: person)

Disaster Occurrence Status of Employees of Samyang Corporation's Suppliers

Disaster Occurrence Status of Employees of Samyang Corporation's Suppliers
Business Year	Number of Full-Time Workers	Injuries and Illness	Total	Disaster Rate(%)
2022	798	2	2	0.25
2021	739	1	1	0.14
2020	877	1	1	0.11

(Unit: person)

Certification by business

Employee
Development
& Inclusive
Corporate
Culture

We regard our employees as the most important
resource required to achieve sustainable growth.

Samyang Corporation established a new training system to develop the talents required for each job level and position of our employees. We also operate various corporate culture improvement programs and welfare programs to create a happier workplace for our employees. We regard our employees as the most important resource the company needs to achieve sustainable growth.

Employee training hours status (for permanent employees)

(Unit: Hour)

Employee training hours status (for permanent employees) Table
Division	2020	2021	2022
Training hours per person	70	65	69
Total training hours	63,063	52,202	50,414

Employee training cost status (for permanent employees)

(Unit: 1 million KRW)

Employee training cost status (for permanent employees) Table
Division	2020	2021	2022
Training cost per person	1.00	0.83	1.24
Total training cost	905	822	1,231

HR Program At Samyang Corporation, we are all about enabling our employees to thrive and shine. Find out more about our HR Program.

Building a Sustainable
Supply Chain

Collaborating for Long-term Partnership
and Win-Win Growth.

Samyang Corporation is committed to fostering growth among all suppliers by promoting ESG management awareness and practices. We prioritize strong partnerships and implement various management systems to fulfill our social responsibilities throughout the supply chain.

Fair transaction

Operating the Internal Deliberation Committee

Operating Integrated Purchase System

Complying with Business Standards
Win-Win Growth

Operating Co-prosperity Funds

Operating Samyang Co-prosperity Council

Supporting Win-Win Growth Programs
Sustainable Purchasing

Introducing Code of Conduct for Suppliers

ESG Evaluation for Suppliers

Operating Safety and Health Council meeting

CSR Activities

We carry out various CSR activities to offer the opportunity to make dreams come true.

To bring happiness to every part of our society, Samyang Group is strongly dedicated to carrying out CSR activities aimed at talent development, environmental preservation and health improvement. We are determined to take our efforts beyond the walls of business and reach the far corners of our society to offer everyone an abundant and convenient life.

Talent
Development
Yangyoung/Sudang Foundation, Youth Hope School, Blue Manito Mentoring, Samyang Women’s Cycling Team
Environmental Preservation
Love Nature With Blue Mind : Drawing Festival, Future Science Camp,One Company One River Rehabilitation Project, Beautiful Store Dongdaemun
Health
Improvement
Baking volunteer activity, Health Protector for the Elderly, House Repair, Briquette Delivery, Blood Donation, Beautiful Sharing Package

Social Foundations

Yangyoung Foundation and Sudang Foundation are public-service corporations dedicated to nurturing talents.

The two foundations award scholarships to exemplary students with outstanding academic records despite being in a difficult living environment, and also funds the research of professors and research organizations. Sudang Foundation gives out the Sudang Award to commend those who have made meaningful contributions in the academic and technological development of Korea.

Yangyoung Foundation: Yangyoung Foundation was the first private scholarship foundation in Korea. It awards scholarships to around 80 university students every year and funds the research of professors in the fields of liberal arts and sciences.
Go to website

Sudang Foundation: Sudang Foundation awards scholarships to 20 university students and 60 high school students every year, and funds various activities aimed at academic development.
Go to website

Sudang Award: Carrying on the values of promoting industrial growth and nurturing talents for the prosperous future of the country upheld by Sudang Kim Yeon-su, the founder of Samyang Group, Sudang Award was created to commend those who made a noteworthy contribution to the development of the nation and the society.

Fostering Promising Bakers at Youth Hope School: As a part of our youth career support program, the Fostering Promising Bakers is designed to train students of the Youth Hope School. In the program, students explore and develop their talents by learning to make various pastries with the guidance of Q.one cooking class teachers.

Blue Manito Mentoring by the Youth Hope Foundation: With the aim to support the healthy growth of our youth, Samyang Group sponsors Youth Hope Foundation, a public-interest foundation under the Ministry of Justice. Many of our employees volunteer as mentors in Youth Hope Foundation’s Blue Manito Mentoring Program, which is a one-on-one mentoring program for adolescents who are placed on conditional suspension of indictment.

Samyang Women’s Cycling Team: Samyang Group established the women’s cycling team in 1986 when cycling was still not a well-known sport in Korea and has been sponsoring the team ever since, supporting the development of a sports area that is not very popular. Since its foundation, many members of Samyang women’s cycling team went to join the national cycling team and made impressive new records, which in turn led to increased popularity of cycling among women in Korea.

Love Nature With Blue Mind : Drawing Festival: Love Nature With Blue Mind : Drawing Festival is an event jointly organized by Samyang Group’s affiliate companies, Samyang Corporation and Samyang Kasei, and the chemical textile company, Huvis. Since its first event in 1996, this regional contest held in the North Jeolla Province has become a major environmental event in Korea.
Go to website

Bread Full of Love : Bakery Activity: This program is open to Samyang Group’s employees, families and friends who are willing to lend a helping hand and share their love with the local community. Participants bake bread using ingredients sponsored by Samyang Corporation, including Q.one flour and dairy products, and send them to underprivileged families in the local community, such as one-person households of the elderly, grandparent-grandchild households, and multicultural families.

Health Protector for the Elderly With Rheumastop: Samyang Group is carrying out elderly health care activities with Rheumastop Patches produced by Samyang Biopharmaceuticals Corporation. We donate Rheumastop Patches to welfare centers to improve the health of the low-income elderly and also organize volunteer programs to help their daily activities.

House Repair, Briquette Delivery, and Blood Donation: Our House House Repair and Briquettes Delivery programs are aimed at improving the living environment of the underprivileged households in the local community to make their winter a little warmer. Our employees volunteer in the program to protect the health of our community and share the warmth of love.

Sustainability Report

With the aim to disclose the company’s sustainability plans and achievements to our stakeholders in a transparent manner and promote active communication, we publish our sustainability report on a regular basis.