TRANIT CO., LTD.

SUSTAINABILITY

Shared Growth Management

Shared Growth Management

A Responsible Company Together with Employees, Partners, and Communities

TranIt strives to build a sustainable corporate ecosystem and supply chain by forming strategic partnerships to achieve shared goals and visions.

In particular, TranIt provides various support to help its partners gain competitiveness and grow in a healthy business environment.

Code of Conduct for Partners

TranIt establishes a sustainable corporate ecosystem and supply chain through its Code of Conduct for Partners.

Business Guidelines

TranIt achieves co-growth with customers and partners through its Business Guidelines.

Four Key Practices of Fair Trade

TranIt fosters growth in a healthy business environment through the Four Key Practices of Fair Trade.

Code of Conduct for Partners

- TranIt has established a Code of Conduct for Partners to strengthen compliance management, which serves as the foundation for co-growth between the company and its partners.

Code of Conduct for Partners
  • Human Rights and Labor
  • Ethical Management
  • Safety and Health
  • Environmental Protection
  • Management Systems
Download Code of Conduct for Partners

Business Guidelines

TranIt strives to establish a clean trade culture as part of its efforts to achieve co-growth with customers and partners.

To this end, we present the 『Business Guidelines』 and kindly request your active participation to ensure fair and transparent transactions.

TranIt employees strictly adhere to the Business Guidelines concerning our partner companies under all circumstances.

  1. 1. Neither demand nor accept any economic benefits in any form, such as money or gifts.

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      Money :

      Cash, checks, congratulatory or condolence money, etc.

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      Gifts :

      Precious metals, holiday gifts, expensive promotional items, etc.

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      Economic benefits :

      Various gift certificates, flight tickets, memberships, event tickets, gift cards, etc.

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      Other Improper Property Benefits: Shares, proxy payments, bonds, partner company assets, etc.

  2. 2. Refrain from accepting any form of excessive meals, golf, entertainment, or conveniences under any circumstances.

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      Excessive meals :

      Meals exceeding 30,000 KRW per person (including alcohol and beverages).

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      Alcoholic entertainment :

      Hospitality at entertainment establishments, including obscene or indecent activities.

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      Conveniences :

      Support beyond the scope of work, such as transportation, event assistance, or lodging.

  3. 3. Do not borrow or lend money by abusing one’s position.

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      Prohibit financial relationships with partner company employees established through business connections.

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      Prohibited regardless of the amount.

  4. 4. Neither make nor accept improper solicitations regarding procurement, personnel matters, etc.

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      Promises to secure transactions in exchange for compensation.

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      Solicitations involving promises of future guarantees, such as post-retirement employment.

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      Solicitation for the hiring or promotion of employees’ family, relatives, or acquaintances.

  5. 5. Do not use one’s position to provide undue advantages.

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      Preferential treatment :

      Overpriced purchases, underpriced sales, leaking bidding information, manipulating estimates, dummy bidding, registering unqualified suppliers, unfairly allocating volumes, etc./p>

  6. 6. Do not demand or force the conclusion of unfair contracts under the guise of transactions.

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      Prohibit coercion or abuse of authority in contract processes, such as determining supply prices or deadlines.

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      Ensure timely payment of purchase or construction fees as stipulated in contracts and prohibit unfair requests for technical information.

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      Prohibit unfair pricing decisions, unilateral price reductions, or abnormal deadline shortening.

  7. 7. Do not leak the company’s tangible or intangible assets or internal information without authorization.

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      Do not leak the company’s tangible or intangible assets or internal information without authorization.

  8. 8. Do not initiate or assist in the leakage of key personnel.

  9. 9. Comply with partner company contracts and refrain from illegal or unlawful activities related to transactions.

  10. 10. Continuously strive to establish a transparent and fair trade culture.

Four Key Practices of Fair Trade

  1. ① Best Practices for Fair Contract Signing to Foster Co-Growth
    Download PDF
  2. ② Best Practices for Establishing and Operating Internal Review Committees for Subcontract Transactions
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  3. ③ Best Practices for Proper Documentation Issuance and Preservation in Subcontract Transactions
    Download PDF
  4. ④ Best Practices for Fair Selection (Registration) of Partner Companies
    Download PDF