Hyundai Steel Obtains International Compliance Certification, Strengthens Response to Global Clients

Acquisition of ISO 37301 Certification
Advancing Risk Assessment and Management Systems

Hyundai Steel has strengthened its company-wide compliance management system by obtaining the ISO 37301 international certification for compliance management systems. With increasing demands from global clients related to supply chain management and environmental, social, and governance (ESG) factors, the company plans to systematically manage compliance risks to enhance external credibility.

Sangwon Seo, Vice President and Head of Management Support Division at Hyundai Steel (left), and Jaegyu Park, Chairman of the Korea Fair Competition Federation, are posing for a commemorative photo at the ISO 37301 certification award ceremony. Hyundai Steel

Hyundai Steel announced that it held an ISO 37301 certification awarding ceremony at its Pangyo office in Seongnam, Gyeonggi Province on September 16, 2026. The event was attended by Sangwon Seo, Executive Vice President and Head of the Management Support Division at Hyundai Steel, and Jaegyu Park, Chairman of the Korea Fair Competition Federation. They shared the certification process and major achievements, and discussed operational directions to continuously enhance the effectiveness of the compliance management system.

ISO 37301 is an international standard for compliance management systems established by the International Organization for Standardization (ISO). It comprehensively evaluates whether a company has a management system in place to comply with laws and internal standards related to its business activities, and to prevent and manage compliance risks.

During the certification assessment process, Hyundai Steel thoroughly analyzed its business environment and stakeholder requirements, evaluated potential compliance risks that could arise in key work processes, and developed management measures and improvement tasks accordingly.

Additionally, the company established a system in which those responsible for their departments directly inspect and address potential compliance risks, thereby further embedding compliance in employees’ everyday work. This reinforced the company-wide management structure to internalize compliance in daily operations.

Going forward, Hyundai Steel plans to further advance its management system based on ISO 37301, spanning compliance risk assessment, internal audits, management reviews, and improvement activities. Through these initiatives, the company intends to proactively respond to growing external demands such as ESG evaluations and global client supply chain assessments, while enhancing corporate credibility.

A Hyundai Steel representative commented, "This certification is highly meaningful as it advances the compliance management activities we have been pursuing to the level of international standards," adding, "We will continue to strengthen the management system so that compliance can take firm root in the work and decision-making of all employees."

Hyundai Steel has carried out a range of initiatives including the Fair Trade Compliance Program (CP), employee training, compliance inspections, information provision, and operation of reporting channels. Notably, the company has been awarded the ‘AA’ grade for two consecutive years in the Fair Trade Compliance Program evaluation, gaining external recognition for the performance and effectiveness of its system.

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