LH Obtains ISO 37001 Certification for Anti-Corruption Management System

[Asia Economy Reporter Cha Wanyong] Korea Land and Housing Corporation (LH) announced on the 3rd that it has obtained the ISO 37001 (Anti-Bribery Management System) international certification from the Korean Standards Association and held a certification ceremony.

The certification awarding ceremony held the day before was attended by Park Cheolheung, Acting Vice President of LH, and Park Byungwook, Director of the Industrial Standards Institute at the Korean Standards Association, among others.

Park Cheol-heung, Acting Vice President of LH (right), and Park Byung-wook, President of the Korea Standards Association Industrial Standards Institute, are taking a commemorative photo for obtaining ISO 37001 certification.
[Photo by LH]

ISO 37001 is an international standard established by the International Organization for Standardization (ISO) in 2016 to systematically control the possibility of corruption occurring within organizations. It evaluates whether an organization has a systematic management system for anti-corruption and awards certification accordingly.

LH explained that last year it analyzed its organizational situation to identify improvements such as the anti-corruption management system and actively worked to establish an anti-corruption and integrity culture.

Including the newly certified ISO 37001, LH plans to continuously renew a total of seven ISO certifications?ISO 9001 (Quality Management), ISO 14001 (Environmental Management), ISO 27001 (Information Security Management), ISO 27701 (Privacy Information Management), ISO 50001 (Energy Management), and ISO 10002 (Customer Satisfaction Management)?to establish management systems that meet national standards and public expectations.

Park Cheolheung, Acting Vice President of LH, said, “Obtaining the anti-corruption management system certification is an evaluation of the active participation and efforts of our executives and employees for anti-corruption and ethical management,” adding, “We will do our best to become a trustworthy and transparent LH for the public.”