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Safety and Health Management

Occupational Health and Safety (OHS) Management System

Occupational Health and Safety Management Policy

SK D&D places the highest value on people and the environment and is committed to achieving zero serious accidents through the implementation of a comprehensive Safety and Health Management System. The company has established and actively enforces a company-wide Safety and Health Management Policy, supported by detailed operational guidelines including the Safety and Health Management Manual and Emergency Response Procedures. These frameworks are designed to ensure a safe and healthy environment across all areas of operation—including headquarters, project sites, subsidiaries, and all stakeholders involved in real estate development and operations. SK D&D’s safety and health policy applies not only to its employees but also to all types of workers engaged in business operations, including construction contractors and subcontractors. Through this inclusive approach, the company is building a robust safety culture that prioritizes the well-being of everyone involved.

OHS Management Policy

To effectively execute its Safety and Health Management System, SK D&D has adopted the Plan-Do-Check-Act (PDCA) cycle, enabling continuous monitoring and improvement of safety and health management performance. Furthermore, to ensure compliance with industrial safety and health regulations and to implement necessary improvements, any revisions to the Safety and Health Management Policy undergo a thorough review and approval process led by the Chief Safety Officer (CSO).

Virtuous Cycle System of Plan-Do-Check-Act Occupational

Workplace Safety and Health Management Manual

SK D&D has established standards and procedures for safety and health management and has developed a Safety and Health Management Manual to prevent industrial accidents at its business sites, reflecting requirements from the Serious Accident Punishment Act and the Industrial Safety and Health Act. The manual is composed of the company’s Safety and Health Policy, the Safety and Health Management System, Risk Assessment, as well as evaluation criteria for the safety and health capabilities and qualifications of construction contractors. Its scope applies to all business divisions and sites, including business partners and other stakeholders who access the sites. SK D&D is committed to identifying applicable laws and standards for headquarters and business sites, and to operating the safety and health management system smoothly in accordance with established principles and procedures. Through these efforts, the company aims to prevent industrial accidents and ensure the safety of all workers.

Key Concepts of Safety and Health Management Manual

Safety and Health Goals

SK D&D has established an annual roadmap with clear safety and health management objectives aimed at achieving zero serious accidents while advancing to a leading position within the industry. To accomplish these detailed targets, the company implements a variety of programs and activities designed to enhance workplace safety. To foster active participation in safety and health management across all levels of the organization, SK D&D has developed and enforces behavior principles tailored to each employee rank. In 2024, the company strengthened site-centered SHE (Safety, Health, and Environment) activities, conducted pre-checks and inspections of high-risk tasks, and supported the establishment of SHE management systems at its subsidiaries. Moving forward, SK D&D remains committed to cultivating a top-tier safety culture and enhancing SHE management capabilities to ensure the well-being of all stakeholders.

Yearly Roadmap for SHE Management
SHE Behavioral Principles by Position

Safety and Health Management Organization

SK D&D operates an executive-led Safety and Health Management System. A Chief Safety Officer (CSO) is appointed with the authority and responsibility—delegated by the Board of Directors—for establishing safety and health strategies, setting organizational goals, and overseeing performance. To support robust implementation, SK D&D has established a dedicated company-wide SHE (Safety, Health, and Environment) Department. This team reports annually to the Board on safety and health plans and achievements, and holds monthly regular SHE meetings with headquarters and subsidiaries to systematically manage safety and health risks across the organization. Safety managers at business divisions and project sites work in close collaboration with the SHE department to carry out activities such as site inspections, training, and safety programs aligned with SK D&D’s SHE policies and strategic objectives. These efforts contribute directly to the prevention and mitigation of safety and health risks at worksites.

To enhance performance management, Key Performance Indicators (KPIs) and an incentive system are used. The CSO’s KPIs include key safety goals such as achieving zero serious accidents, conducting compliance checks, and supporting the establishment of safety and health systems at subsidiaries. Performance outcomes are directly linked to the CSO’s compensation and incentives, reinforcing effective implementation, risk prevention, and the creation of a safe and healthy work environment.

SHE Management Organization and Decision-Making Structure

Safety and Health Management Meetings

CategoryKey Topics / OutcomesFrequencyNo. of Meetings (’24)
Board of DirectorsReport and approval of annual safety & health performance and action plansOnce a year2 times
Regular SHE MeetingsAnalysis of site inspection results and sharing of best practicesMonthly12 times
Subsidiary SHE MeetingsAnalysis of subsidiary site inspection results and sharing of improvement casesMonthly12 times
Safety Supervision Video MeetingsSafety performance and critical risk countermeasures for project sitesMonthly / per site12 times / per site

Safety and Health Risk Management

Risk Assessment and Mitigation Measures

As a project owner, SK D&D manages potential safety and health hazards at all rental housing sites under development and operation. The company conducts regular inspections of firefighting systems, fire hazards, and safety facilities to evaluate site-specific risks. These assessments comprehensively consider legal requirements, internal manuals, organizational culture, and other internal and external factors to identify potential risks. For high-risk or serious hazards, risk-level-based mitigation plans are established. The Chief Safety Officer (CSO) or other responsible executives directly review critical risk factors, ensure appropriate corrective actions are developed, and monitor their implementation. To further strengthen proactive risk management, SK D&D performs monthly risk assessments at all sites where it acts as project owner. For each identified hazard, risk reduction measures are developed and implemented in alignment with CSO KPIs. These efforts aim to enhance the company’s safety management system and uphold a zero-accident record at construction sites.

Safety and Health Risk Management Process

Emergency Response

SK D&D has established behavioral guidelines to prevent potential accidents at its project sites. In the event of an emergency, the company aims to respond swiftly to manage the incident, prevent human casualties and environmental pollution, and minimize both direct and indirect losses to the site and the company. The company has also developed site-specific emergency response training plans. To ensure readiness, emergency drills and training sessions are conducted at least once every six months. The implementation of these activities is reviewed biannually by senior management, including those responsible for safety.

Product and Service Safety – Episode Residential Brand

To minimize health and safety risks for residents of Episode, SK D&D's rental housing brand, the company works with a professional facilities management (FM) firm to conduct regular inspections and manage safety risks related to infrastructure, electrical systems, fire protection systems, and mechanical equipment. Accident response procedures have been established, and mock drills are conducted to prepare for unexpected incidents and minimize potential damage. Furthermore, SK D&D has taken out natural disaster insurance to further reduce health and safety risks for its customers.

Occupational Safety and Health Activities

Safety and Health Capacity Building

SK D&D conducts safety and health education programs to enhance awareness and strengthen the safety mindset among employees and business partners. To foster a shared understanding of safety management and promote a safety-first culture, the company provides differentiated training tailored to each target group. In addition, annual health and wellness training is conducted on topics such as occupational stress and disease management, based on comprehensive training plans developed each year.

To support the internalization of safety and health practices, SK D&D operates a “Safety Board” bulletin board that shares safety improvement goals and related information with employees. Moreover, to improve accessibility to key safety and health information—such as the Safety and Health Manual and the Serious Accidents Punishment Act—the company distributes the content in the form of card-style newsletters, making critical guidance easy to understand and widely accessible across the organization.

Safety and Health Training Status

Target GroupTraining ProgramFrequency & Duration
SHE PersonnelPrevention of Musculoskeletal Disorders & Job StressOnce every 2 months (2 hours)
All EmployeesAccident Prevention Management TechniquesOnce every 2 months (2 hours)
On-Site Safety SupervisorsCase Studies of Accidents & Updates to Safety RegulationsOnce per quarter (1 hour)
On-Site Safety SupervisorsQuality and Safety TrainingMonthly (2 hours)
DY SHE TeamJoint Training with DYOne-time session (4 hours)

Supplier Safety and Health Management

Supply Chain Safety Management System

In 2022, SK D&D became the first company in its industry to introduce a dedicated Safety Supervision System. By 2024, a total of five safety supervisors had been deployed to active project sites. The company has also enhanced its project contracting process by applying eligibility criteria for selecting qualified contractors and by implementing technical safety guidance throughout the entire project lifecycle—from planning and design to construction—to ensure proactive safety and health management. Furthermore, SK D&D conducts quarterly safety competency assessments of its business partners to identify potential hazards. For sites with insufficient safety practices, necessary corrective actions are communicated and promptly implemented. Key findings from these assessments are actively reflected in subsequent safety inspection plans and leveraged to reinforce the company’s supply chain safety management system. As of December 2024, SK D&D carried out safety competency assessments across five ongoing development projects, identifying 221 areas for improvement—all of which have been successfully addressed.

*As of December 2024, safety competency evaluations were conducted on five development projects in progress.
Supply Chain Safety Management System

Contractor Selection Process

As an advanced developer, SK D&D establishes and implements project management guidelines for client-side project oversight to fulfill its duties and responsibilities. During the bidding phase, evaluation criteria based on project scale are applied, and the ability to implement measures for preventing major accidents and ensuring safety and health is assessed. Only contractors who meet these criteria are selected. Accordingly, SK D&D proactively prepares to prevent safety and health risks that may arise during construction and aims to avert industrial accidents at the site in advance.

Contractor Evaluation Criteria by Size

On-Site Safety Inspection and Support

As the project owner, SK D&D strengthens its supervisory role to ensure safe worksites and prevent serious industrial accidents by conducting both regular and ad hoc inspections of on-site safety management practices. The Safety, Health, and Environment (SHE) department and the Chief Safety Officer (CSO) personally visit project sites to conduct safety inspections and deliver training on safety supervision, thereby fulfilling the company’s responsibilities for occupational safety and health as a project client. Additionally, SK D&D designates third-party professional institutions to provide regular safety and health consulting, ensuring the effectiveness of safety management on the ground.

On-site safety supervisors carry out compliance checks based on the construction safety and health log, as well as scheduled and unscheduled safety inspections—including intensified checks during high-risk periods. They also perform risk assessments and establish mitigation measures for identified hazardous and harmful factors. For tasks classified as high-risk, work is suspended and corrective actions are taken to systematically eliminate potential dangers. SK D&D also engages with workers by collecting their input through the Safety and Health Council (a labor-management consultative body), thereby taking the lead in building safer worksites.

All safety hazards identified during on-site inspections are promptly verified through formal risk assessments, and corresponding improvement plans are established and carried out without delay.

On-site Safety Management Process and Activities
2024 On-Site Inspection Performance
Inspection NamePurposeInspector(s)Frequency (’24)
MBWA*Executive safety inspectionCSO24
SHE Part InspectionRegular safety inspectionSHE Part24
All-day InspectionAd hoc inspection of hazardous work typesSHE + SE Part77
Follow-up Inspection for ImprovementsVerification of improvement implementationSHE + SE Part15
Pre-Inspection for Vulnerable PeriodsAccident prevention during vulnerable seasons (thaw, winter, heatwave, rainy season)SHE Part4
Joint Inspection with ContractorsJoint inspection with contractorsCSO + SHE Part4
Specialized Agency Safety InspectionRegular consultingExternal specialized agency15
Joint Safety Supervision InspectionImprovement of safety supervision levelsSafety Supervisor + SK D&D + Contractor4
Emergency Evacuation Drill InspectionVerification of disaster evacuation drillsCSO + SHE Part2
Priority Site Safety InspectionInspection of priority management sitesCSO + SHE Part24
Risk Assessment InspectionIdentification of hazardous factorsSHE + External specialized agency2
Compliance Inspection for Serious Accident Punishment ActVerification of compliance with the Serious Accident Punishment ActSHE Part2
  • *MBWA (Management by Walking Around): Refers to the management practice where executives visit the worksite directly to engage in on-site communication and oversight.
Pre-monitoring System for Hazardous Construction Works/Tasks

SHE Award System

SK D&D has established and operates SHE reward and disciplinary management guidelines to recognize outstanding organizational and individual achievements and to clearly assign responsibility for compliance with SHE standards. Through this system, SK D&D aims to motivate employees to achieve safety and health performance and to foster a culture that strictly adheres to SHE standards and procedures.

SHE Award System
2024 SHE Award Performance
CategoryEvaluation CriteriaDateRecipient
Excellent Safety SupervisionNine items including major accident prevention, safety inspection consulting evaluation ratings, monthly safety supervision reports, issuance status of work instructions, etc.June 2024Saenggak Factory Guro

Supplier Safety and Health Grievance Handling

To improve and supervise site safety inspections and non-compliance issues, SK D&D voluntarily deploys safety supervisors at each site. Through on-site safety supervision, communication channels are actively operated to gather feedback from the field. Additionally, quarterly regular safety supervision meetings are held to address grievances from sites and suppliers, collect opinions, and share outstanding improvement cases.

Safety and Health Performance

SK D&D manages and discloses the safety and health performance of all employees, including major subsidiaries. Over the past three years, SK D&D has maintained zero industrial accidents. We will continue to strengthen safety management at all sites and workplaces with sustained commitment.

산업안전 재해 현황

CategoryUnit202220232024
EmployeesLost Time Injury (LTI) CountCases0 0 0
Lost Time Injury Rate (LTIR)*Cases per 200,000 working hours0 0 0
Number of DeathsCases000
Fatal AccidentsPersons000
Number of accidentsCases000
Fatality Rate%000
Total Recordable Injury CasesCases000
Total Recordable Injury Rate (TRIR)**Cases per 200,000 working hours000
ContractorsLost Time Injury (LTI) CountCases000
Lost Time Injury Rate (LTIR)*Cases per 200,000 working hours000
Number of DeathsCases000
Fatal AccidentsPersons000
Number of AccidentsCases002***
Total Recordable Injury CountCases002
  • *LTIR (Lost Time Injury Rate): (Number of lost time injuries x 200,000) ÷ Total hours worked
  • **TRIR (Total Recordable Incident Rate): (Total recordable injuries x 200,000) ÷ Total hours worked
  • ***The 2 reported injuries were transferred to SK Eternics sites after the SK D&D - SK Eternics corporate split

Safety and Health Violations

CategoryUnit202220232024
Safety and HealthViolationsCases0 0 0
FinesMillion KRW0 0 0
PenaltiesCases000