Win-win growth

Shared Growths with
Suppliers System

KT is establishing a mutual growth system through which it can communicate, cooperate and benefit from win-win opportunities with suppliers.
For this, the company installed a grow-together organization in 2010, through which it has communicated with suppliers and implemented diverse activities to improve their competitiveness.
We are developing various grow-together programs to create shared value with suppliers so that we can lead a mutual growth culture for suppliers, strengthen the Korean telecom ecosystem and secure a presence in the global marketplace.

KT Sustainability Guideline for Suppliers
Suppliers's Portal

Win-win growth strategy

Conversion to accompanied growth
system along with sustainable

  • Grow Together Vision
    • Make a creative and competitive mutual growth ecosystem
  • Innovative Cooperation
    • Support and co-work with suppliers Share mutual growth vision and create such environment Support 1st and 2nd tier suppliers together
  • Fair Trade
    • Create fair trade environment Regulate unfair business practices
6 Grow Together Areas
  • 1.Financial
    Support
    • Full cash payment for goods received
    • Network loan
    • Provide funds to agencies
    • Grow-together support system (WinC)
    • Give financial support to contents suppliers
    • Invest in project of SMEs/startups
  • 2.Purchase and
    Market Develop
    ment
    • Demand forecast (supplies)
    • Help suppliers hold exhibition overseas
    • Enter overseas market together
    • Global Partner Day
    • Hold global business fair
      (supplies/construction)
    • Japan entry support center
    • Equipment confirmation system
  • 3.Management/
    Quality
    Consulting
    • Suppliers’ vendor coaching(supplies - 2nd)
    • Suppliers’ SCM and support consulting (supplies)
    • Suppliers’ development capacity reinforce ment consulting (S/W development)
    • Help get quality environment certification
    • Industrial innovation movement Management Doctor
  • 4.Technology and
    Development
    • Support technology transfer
    • Transfer patent without
    • consideration Non-disclosure Agreement (NDA) Tech data deposit
    • Original proof of trade secret
  • 5.Support
    commercialization
    of outside offer
    • Support commercialization of external ideas
    • Support trial application of external ideas
    • Partners Fair, RTC(Round Table of Convergence)Develop new products with conditional purchase
    • Benefit Sharing
    • Mentoring venture/developer idea (SW/app development)
  • 6.Recruitment
    and Education
    • Support job fair
    • Support education and training for small- and medium-sized suppliers

Sustainable SCM

Sustainable Supply Chain Policy

KT evaluates its sustainable management based on sustainable supply chain management policy, minimizes risks in the supply chain and promotes long-term mutual growth.
The company established ‘sustainability guidelines for suppliers’ for the first time in the given domestic industry in December 2012 and has realized systematic sustainable SCM.
The guidelines include KT willingness to expand sustainable management throughout its entire supply chain.
It consists of 4 sections of business implementation principles, environmental management, corporate social responsibility and product sustainability and presents standards for sustainable management the suppliers expect from KT across 18 areas.

Section 1Business Execution
Principles
  • Governance
  • Ethical Management
  • Sustainable Management
  • Manage subcontractors
Section 2Environmental
Management
  • Environmental management system
  • Evaluate environmental performance
  • Climate change
  • Manage toxic substances
  • Water
  • Re-use waste
Section 3 Company’s Social
Responsibility and Role
  • Labor
  • Human rights
  • Manage safety
  • Spontaneous disclosure and external communication
Section 4Product
Sustainability
  • Product safety
  • Product Environmental Footprint
  • Product efficiency
  • Product recycling