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Corporate governance
Underpinning its work, the Enel Group has a solid system of ethics. This system is a dynamic collection of rules which is constantly oriented at introducing the best international practices which all the people who work in Enel and for Enel must comply with and apply in their daily work.
A system of accountability
Enel's corporate governance rules constitute a fundamental framework to ensure an efficient and successful management. Furthermore, it serves as a reliable control tool of the activities carried out by the company, aiming at the creation of value for all stakeholders.
Code of Ethics
In 2002, Enel adopted its Code of Ethics, which expresses the commitments and ethical responsibilities it follows in conducting business, by regulating and harmonizing corporate conduct according to standards based on the utmost transparency and integrity towards all stakeholders. The Code of Ethics is valid both in Italy and abroad, while taking into account the cultural, social and economic diversity of the various countries where Enel operates.
Ethical Channel
Enel North America, Inc. and its subsidiaries (“Enel”) are fully committed to the prevention of bribery and to conducting its business ethically and transparently. Enel has implemented and maintains an Antibribery Management System which is underpinned by our Anti-Bribery Policy.
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Policy on Human Rights
In order to enact the United Nations Guidelines on Business and Human Rights, in 2013 Enel approved the Policy on Human Rights, which sets out the commitments and responsibilities regarding human rights entered by employees of Enel SpA and of its subsidiaries, and promotes respect of the Policy by contractors, suppliers and commercial partners in its business relations.
Zero Tolerance of Corruption Plan
Enel performs its daily activities in compliance with its Code of Ethics. Our business plan is supplemented by specific Corporate Social Responsibility objectives published in the Sustainability Report.
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Enel North America Inc. Anti-bribery Policy
Enel North America, Inc. and its subsidiaries (“Enel”) are fully committed to the prevention of bribery and to conducting its business ethically and transparently. Enel has implemented and maintains an Antibribery Management System which is underpinned by our Anti-Bribery Policy.
Enel Global Compliance Program
The Enel Global Compliance Program, which is aimed at the Group’s foreign companies, integrates, where they exist, any compliance programs (risk prevention models) adopted by those companies in conformity with local law. This document, which was approved by the Board of Directors of Enel SpA in September 2016, is inspired by the main international regulatory framework and qualifies as a governance instrument aimed at strengthening the Group’s ethical and professional commitment to prevent the committing of illegal acts abroad from which corporate criminal liability may arise together with the related reputational risks.
The type of situation addressed in the Enel Global Compliance Program – which is accompanied by the provision of conduct standards and areas to be monitored by way of prevention – is based on illicit conduct which is generally considered as such in most countries, such as for example crimes of corruption, crimes against the Public Administration, false accounting, money-laundering, crimes committed in violation of the laws on occupational health and safety, environmental crimes, etc.
If you want to learn more about our Corporate Governance system, visit our global website www.enel.com.