Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
Hyundai Motor disclosed the Q3 2024 operation status and Q4 execution plans for its Fair Trade Compliance Program (CP), as reported to the Sustainability Management Committee.
📊 [Key Disclosure Contents & Major Figures Summary]
- Disclosure Type: Notice Disclosure (Status of Fair Trade Compliance Program Operation)
- Title: Hyundai Motor Co. Fair Trade Compliance Program (CP) Operation Status and Future Plans
- Decision (Reporting) Date: 2024-10-24 (Reporting date to the Sustainability Management Committee)
- Reporting Body: Sustainability Management Committee (a committee under the Board of Directors, comprising 7 independent directors and 1 inside director)
1. Q3 2024 CP Operational Status
- CP Establishment: Report of H1 2024 CP activities to CEO (Jul), publication of Sustainability Report (Jul)
- CP Dissemination: Specialized greenwashing training for Business Support Division (Jul), executive compliance training (Aug), compliance newsletter distribution (Aug), CP Academy on personal data and discipline (Sep)
- CP Operation: Individual compliance self-assessments (Sep~Dec)
2. Q4 2024 CP Operational Plans
- CP Establishment: CEO declaration of commitment to fair trade compliance, creation of internal online CP bulletin board, H2 Compliance Council meeting (Dec)
- CP Dissemination: Production of compliance leaflets (Oct), revision of compliance guide/handbook (Oct), compliance campaign execution (Oct~Nov), newsletter distribution (Oct, Dec), CP Academy execution
- CP Operation & Evaluation: Meeting with purchasing division practitioners, H2 CP effectiveness evaluation
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Verification of CP Plan Execution and Board Committee Monitoring
This filing provides notice that Hyundai Motor presented its Q3 2024 Compliance Program results and Q4 action plan to the Sustainability Management Committee under the Board of Directors. Verifying whether the disclosed Q4 plans (such as the CEO compliance declaration, bulletin board establishment, and H2 council meeting) are executed according to schedule is important for confirming the operational progress of corporate compliance controls. Progress and final implementation results can be verified in future regulatory filings, such as the Annual Report, Sustainability Report, and subsequent CP notices.
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