LS Cable & System announced on the 10th that it has obtained the international certification 'ISO37301' for compliance management systems from the British Standards Institution (BSI).
This certification evaluates whether a company's legal compliance and ethical system meet international standards, and LS Cable & System is the first in the global cable industry to acquire it.
BSI highly praised LS Cable & System employees for strengthening the compliance management system through systematic management policies and regulations.
Kim Byung-ok, Head of Management Support Division/CSO at LS Cable & System (right), and Lim Sung-hwan, CEO of BSI Korea, are posing for a commemorative photo at the ISO 37301 certification award ceremony held at the LS Cable & System headquarters in Anyang, Gyeonggi-do. Photo by LS Cable & System
This certification is also closely related to ESG (Environmental, Social, and Governance) standards, and it is expected to contribute to strengthening LS Cable & System's ESG management and enhancing its competitiveness in securing orders in global markets such as Europe.
The company explained, "Compliance and ESG factors have become important evaluation criteria in the bidding process of global clients," adding, "With this certification, we can clearly present our compliance records and have strengthened our position as a company pursuing ESG management."
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