Promoting ethical behavior
For ENGIE, the interest of the community as a whole involves the ethical management of resources, particularly in regard to the fight against corruption, respecting the organization of markets and respecting human rights.
Concerning integrity in business and preventing corruption, as stated by the OECD, public procurement is one of the activities most vulnerable to waste, fraud and corruption. This risk concerns a large portion of the wealth produced by sovereign states. To address these failings, the Group has established a policy, procedures and action plans to prevent corruption.
Beyond this aspect, a second important issue for the community as a whole is related to upholding economic efﬁciency, improving the quality of offers, maintaining freedom of choice for customers, and developing innovation. These goals are pursued through strict compliance with the rules and organization of the free and competitive market. The Group’s key ethics principles are drafted on the basis of current legislation and key principles of organizations such as the OECD, the United Nations or the European Union.
Concerning human rights, the United Nations adopted a framework on business and human rights in 2008, which was later expanded by Guiding Principles endorsed in 2011. These efforts both clearly state the responsibility businesses have in this field. This responsibility is defined as a standard of behavior that applies to all companies everywhere around the globe and is based on international benchmarks for protecting and defending human rights.
ENGIE’s commitment to human rights has always been a key part of its Ethics policy. In this area, it pursues the highest international benchmarks, particularly the Universal Declaration of Human Rights (and the two Additional Protocols) and the Conventions of the ILO. The Group takes particular care to ensure that its commitments are applied in all countries where it operates.