대동 DAEDONG

About CompanyESG Management

Creating environmental and social value with ESG management policies

Labor-management cooperation

Union communication

Daedong respects and guarantees every worker’s right to organize, collective bargaining, and collective action in accordance with relevant laws and regulations. The company works to improve working conditions and resolve grievances through labor-management collective bargaining and by forming a Labor-Management Council.

Labor union status

(Unit: persons, %, cases)

Sort	2021	2022	2023
Number of labor union members	511	542	522
Labor union membership subscription rate	100	100	100
Number of Labor-Management Council meetings	4	4	4

Employees

Employee status

(Unit: persons)

Sort		2021	2022	2023
Total number of employees		1,318	1,337	1,276
Gender	Male	1,256	1,269	1,210
Gender	Female	62	68	66
Employment type	Full-time	847	925	957
	Short-term contract	471	412	319
	Dispatched worker ¹⁾	163	128	130
Diversity	Disabled	23	22	19
Diversity	Foreign worker	2	1	1
Managerial²⁾	Male	201	229	261
Managerial²⁾	Female	4	6	11
Number of newly recruited employees ³⁾		770	822	475

1) The number of dispatched workers is not included in the total number of employees, gender, diversity, and number of employees selected for managerial positions

2) Minimum Section Manager level

3) The company recruited and hired more employees thanks to rising sales revenue in 2021 and 2022

Employee turnover

(unit: %)

Sort	2021	2022	2023
Voluntary turnover rate	1.6	3.6	3.1

Work-life balance

In order to help workers enjoy a better quality of living and to create a happy workplace, Daedong strives to provide a working environment that suits each individual's lifestyle with a staggered commuting system, telecommuting, and reduced work hours for pregnant women.

Training and capacity building

Daedong provides a variety of training programs by position and function to develop the capacity of its executives and employees, and operates a training curriculum to improve the capabilities of its partners as well as Daedong affiliates in addition to its own executives and employees.

Core training programs

Sort	Target	Course	Start date	End date	Time(H)	Participation(person)	Satisfaction⁴⁾
Introductory training	Newly hired employees with prior work experience	Introductory course for newly hired employees with prior work experience - first half of 2023 (round 1)	April 18 (Tue), 2023	April 21 (Fri), 2023	24	29	6.8
		Introductory course for newly hired employees with prior work experience - first/second half of 2023 (round 2)	September 18 (Mon), 2023	September 20 (Wed), 2023	22	20	6.5
		Introductory course for newly hired employees with prior work experience - first/second half of 2023 (round 3)	October 17 (Tue), 2023	October 20 (Fri), 2023	24	13	6.9
		Introductory course for newly hired employees with prior work experience - second half of 2023 (round 4)	November 14 (Tue), 2023	November 17 (Fri), 2023	24	25	6.9
		Introductory course for newly hired employees with prior work experience - second half of 2023 (round 5)	December 12 (Tue), 2023	December 15 (Fri), 2023	24	26	6.9
	Newly hired employees with no experience	Introductory course for newly hired Group employees with no experience - first half of 2023	June 23 (Mon), 2023	June 12 (Fri), 2023	67	15	6.6
	Newly hired employees with no experience	Introductory course for Group employees - second half of 2023	November 20 (Mon), 2023	December 1, (Fri), 2023	67	20	6.95
Leadership	Team Manager	2023 new Team Manager upskilling course (session 1)	April 10 (Mon), 2023	April 11 (Tue), 2023	12	10	6.8
	Team Manager	2023 new Team Manager upskilling course (session 2)	November 8 (Wed), 2023	November 9 (Thu), 2023	12	11	6.8
	Team staff	2023 capacity building program for Group Assistant Managers	May 23 (Tue), 2023	May 24 (Wed), 2023	13	11	6.9
		2023 capacity building program for Group Section Managers	May 25 (Thu), 2023	May 26 (Fri), 2023	13	23	6.9
		2023 capacity building program for Group Deputy Managers	June 8 (Thu), 2023	June 9 (Fri), 2023	13	7	6.8
		2023 Daedong Step UP course for team staff and Associate Managers	October 31 (Tue), 2023	November 1 (Wed), 2023	12	11	6.4
		2023 Daedong Step UP course for Assistant Managers and Assistant Technicians	November 2 (Thu), 2023	November 3 (Fri), 2023	12	22	6.1
		2023 Daedong Step UP course for Section Managers and Chief Technicians	November 6 (Mon), 2023	November 7 (Tue), 2023	12	20	6.4
On-the-job expertise	"C.Biz Division A/S & Sales positions"	2023 service skills and capacity building course (A/S positions)	August 7 (Mon), 2023	August 8 (Tue), 2023	12	22	6.9
			August 9 (Wed), 2023	August 10 (Thu), 2023	12	23	6.8
		2023 service skills and capacity building course (sales positions)	August 24 (Thu), 2023	August 25 (Fri), 2023	12	14	6.7
			September 5 (Tue), 2023	September 6 (Wed), 2023	12	24	6.7
	p.Production and Development Division Field and management positions	Course on the quality control system for completed vehicles	August 16 (Wed), 2023	August 17 (Thu), 2023	16	35	6.09
		Course on the quality control system for completed vehicles	August 21 (Mon), 2023	August 22 (Tue), 2023	12	35	6.09
		Course on the quality control system for completed vehicles	August 16 (Wed), 2023	August 17 (Thu), 2023	16	35	6.09
		Course on the quality control system for completed vehicles	August 21 (Mon), 2023	August 22 (Tue), 2023	12	35	6.09
Educational support	e-learning and paper-based learning		January~December 2023		-	663	-
Educational support	Outsourced education		January~December 2023		-	53	-
Total						1126

4) Out of 7 points

Education status

(Unit: hour, KRW 1,000)

Sort	2021	2022	2023
Training hours per employee	5	12.5	11.6
Training cost per employee	86.9	176.2	260.4

Health and safety

Daedong appointed a Chief Safety Officer (CSO) via its Board of Directors in 2023. The CSO establishes, inspects, and manages the company's health and safety policy, and is responsible for the company-wide management of health and safety with overall authority over health and safety-related organizations, personnel, and budget. Moreover, Daedong strives to optimize its management of safety in each field by establishing an Environment, Safety, and Firefighting (ESF) system to create safer workplaces and prevent severe disasters.

Health and safety organization and roles

Chief
Safety
Officer

Establishes, inspects, and overall manages the company's health, safety, and environmental policies, and has overall authority over health and safety-related organizations, personnel, and budget.
Health and
Safety
Organization

As an executive organization tasked with fulfilling the duty of management (to ensure health and safety), it assists management by supervising the health and safety management system of the workplace and acts as a control tower pertaining to matters of health and safety at each workplace.
Health and
Safety
Officer

By complying with the standards for preventing industrial accidents stipulated in the Occupational Safety and Health Act and faithfully implementing all matters stipulated in the health and safety management regulations, the Health and Safety Officer helps improve working conditions and create an appropriate working environment to protect the lives of executives and employees and maintain, promote health and safety.
Health and
Safety
Manager

The Health and Safety Manager is responsible for assisting the Health and Safety Officer, and also guiding and advising supervisors to ensure seamless health and safety activities and prevent accidents in advance.
Supervisor

Company Supervisors (Team Managers or higher and Floor/Line Chiefs) are responsible for preventing accidents by faithfully performing health and safety tasks related to their duties while directing and supervising their employees and those of partner companies.
Occupational
Health and
Safety
Committee

Representatives from management and labor must be selected to form a committee of up to ten people and hold a regular meeting once every three months regarding matters related to the prevention of industrial accidents, health and safety officials, and requirements submitted by workers. Results from these meetings must be communicated to all employees.

Daedong's Health and Safety Vision

Daedong Co., Ltd. ensures health and safety for forward-looking/sustainable management

Daedong Health and Safety Policy

As an expert manufacturer that designs, produces, and sells agricultural machinery, Daedong strives to prevent safety accidents and occupational diseases by identifying and inspecting harmful and risk factors that may occur during the production of parts and products in advance, and it operates a health and safety system to help control risks. The company aspires to use this system to establish “zero accident” workplaces, comply with internal standards as well as health and safety laws and the requirements of ISO45001, and it wants to continue improving the company to achieve its health and safety goals set according to its health and safety policy. Daedong promulgates this policy so that all employees are familiar and aware of its provisions, and periodically reviews the policy to ensure that the company's health and safety management system is understood by all employees and that stakeholders (partners, consumers, local communities, etc.) are participating and effectively implementing and maintaining it.

Four major health and safety strategies

Health and safety goals

“ZERO” critical accidents

Roadmap for building an integrated disaster management system

Zoom

Health and safety indicators

(Unit: %)

Sort		2021	2022	2023	비고
Industrial accident rate	Headquarters	0.72	1.12	0.63	Number of accidents per 100 work
Industrial accident rate	Partner company	-	-	-	Number of accidents per 100 work

Health and Safety Certification

-ISO45001

Human rights management

Daedong prohibits discrimination based on education, region, familial relations, gender, religion, age, nationality, marital status, race, etc. through its Code of Ethics. It has a strong commitment toward human rights, including guaranteeing labor rights and prohibiting workplace harassment. Daedong always strives to put its human rights management policies into practice.

Go to Daedong Code of Ethics

Human rights management goals

Grievance handling channel for human rights issues

Daedong operates an online reporting center on its website to receive reports and resolve human rights-related grievances of all stakeholders. The company strives to protect any whistle-blowers by keeping his/her identity, reported content, and evidence strictly confidential.

Sustainable supply chain

Daedong is committed to a supply chain policy that establishes fair transaction procedures within the Code of Ethics, and it promotes mutual growth with partners in order to practice the values of shared growth and fair competition that can help the company fulfill its ultimate goal of “together toward innovation.”

Shared growth program

Daedong Convention
Daedong Awards
(authorized dealers)
Daedong Consortium Center

Partner support

Support	비고
Financial support for equipment and facilities at partner companies	Financial support for equipment and facilities at partner companies
Partner company conferences	Collect feedback and listen to complaints (safety, environment, quality issues, etc.) through regular meetings with partners

Local community

As an integral member of the local community, Daedong strives to identify and solve problems in the local community in order to fulfill its corporate social responsibility, ensure sustainable development, and benefit local communities.

Local community risk management

Corporate social responsibility activities

2022 Blood Donation Campaign

Purpose

Donate blood to save the lives of patients in need of blood transfusion in collaboration with the Korean Red Cross Daegu-Gyeongsangbuk-do Blood Center

Improve the supply of blood through regular blood donations where blood supply for transfusion is declining due to a drastic drop in birth rate and a rapidly aging population

Participation

Approx. 40 employees from the Head Office and factories have participated in the campaign

Win-Win and Open Innovation for ESG

Purpose

Improve awareness of open innovation practices and create an ecosystem for large and small businesses in the Daegu region (supporting ESG technology, technology to prevent critical disasters, new future technology, etc.)

Demonstrate support for open innovation and technology-matching for shared growth between startups, large, small and medium-sized enterprises, and public enterprises

Participation

Invest to support the development and application of technology (PoC support funds)

Total of 2~3 companies selected for the program (total support of approx. KRW 200 million)

Quality management

Quality management policy

As an expert manufacturer that designs, produces, and sells agricultural machinery, Daedong does its best to ensure the safety and reliability of its products and to supply products that customers can use satisfactorily. In order to deliver products that satisfy customers, Daedong has a quality management system that identifies customer requirements from the product design stage to follow-up (after-sales) service, and it makes sure all employees understand and do their part in implementing the quality management system. Daedong’s quality management system will continue to get updates, meet the requirements of ISO9001:2015, and comply with domestic and international laws as well as standards throughout the entire manufacturing process. The company will also set and achieve separate quality goals internally to promote going forward. Daedong’s Director of Quality Management has the responsibility and authority to regularly review and take action on behalf of the CEO, thereby ensuring that the quality management system is implemented and maintained effectively.

Quality management system certification

Quality management activities

Daedong Global Quality Innovation TFT

Daedong has a TFT aimed at helping the company exceed KRW 1 trillion in sales, enter into new smart mobility businesses, and ensure quality is on par with globally acceptable levels

Last year, the TFT took on 15 projects in the areas of development, production, purchasing, and customer applications with a focus on reorganizing the quality process

The TFT has 12 new projects Its goal is to establish a supply chain capable of producing 49,000 tractors per year and improve the Group's overall production quality

Daedong Co., Ltd., no. 1 in KS-QEI for the third consecutive year

Awarded by the Korean Standards Association in 2004 based on excellence in quality and consumer/expert satisfaction

Daedong tractors ranked first in the Quality Satisfaction Index for three consecutive years, with excellent user features and affective quality

Daedong autonomous combine is no. 1 in the 2023 Quality Satisfaction Index

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