Partners CSR

For fulfilling CSR, LG Innotek goes together with its suppliers.

LG Innotek selects its suppliers according to fair and transparent procedures and the company pursues such projects as technological innovation, core competency development, management innovation, quality, productivity innovation, etc. in six areas of fair trade, technical support, financial support, management support, human resources and welfare support and communication. LG Innotek also operates "Co-prosperity center", a complaints reporting and handling system to provide an online communication window within the purchase portal site to quickly and accurately respond to inquiries or suggestions. In addition, it regularly visits suppliers to examine the level of cooperation and conducts surveys to identify their satisfaction level and solve problems.

Co-prosperity policy

Right Promise, Better Tomorrow

Leading the market together with suppliers!

Concentrating core competencies
· Strategic effectiveness/differentiation
· Promoting supplier-oriented programs
· Increasing education support to suppliers
Reinforcing partnerships
· Extending partnerships to 2nd-tier suppliers
· Technical support & protection
· Green partnerships
Creating tangible results
· Joint innovation activities
· Performance sharing system
· Purchase guaranteed projects

Projects to support co-prosperity

Fair trade Management support Technical support/protection

Fair trade and co-prosperity agreement

Compliance with 4 major action items

Management doctor system

Performance sharing system

Industrial innovation movement

Productivity innovation partnership

Green SCM

Joint innovation activity

Project of conditional purchase

Deposit of technical documents

Certification of original document of trade secrets

Financial support Training/Welfare Communication

Co-prosperity fund

Pay for subcontractor

Co-prosperity payment system

Network loan

On/Off-line training

Recruitment support

Operation of on-line welfare mall

Watching baseball games with suppliers

Sharing purchase / co-prosperity policy

Visiting primary and secondary suppliers

VOS for suppliers

Social contribution activities