Ethics and Compliance
In keeping with its values and commitments, ENGIE seeks in all circumstances to act in accordance with the laws and regulations in force in the countries where it operates. To achieve this goal, the Group established a code of conduct that underpins the day-to-day strategic decisions, management and professional practices of the Group. It also introduced the tools needed to measure compliance with this commitment.
Ethics refers to the concrete application of what is morally acceptable in different settings. It involves a practical set of questions about what can and cannot be done in specific situations.
Adopting ethical behavior means acting in accordance with a set of values in every circumstance.
Compliance includes all of the procedures in place to respond to the Group’s ethical objectives. It ensures that appropriate measures are taken to put our commitments into action.
Ethical requirement and ambition
As it is a performance driver and a reflection of the company’s values, ENGIE has decided to place ethics at the core of its strategy, management and the professional practices of its employees. With that in mind, the Group has allocated the resources it needs to manage and control all ethics procedures, tracking how the actions it takes comply with its commitments.
ENGIE’s ethics and compliance policy is rooted in four principles:
1. Act in accordance with laws and regulations
In every circumstance, Group employees and entities must observe international, federal, national and local law, as well as business ethics rules pertaining to their activities.
2. Behave honestly and promote a culture of integrity
Honesty and integrity must govern both business and interpersonal relationships, and everyday professional practices. As a consequence, ENGIE encourages reporting of ethical incidents. No employee may be sanctioned for using a reporting measure for these incidents, selflessly, in good faith, and in accordance with the conditions set out by the law.
3. Be loyal
Commitments must be kept ; communications are done in good faith, and with a spirit of providing sincere information.
4. Respect others
ENGIE attaches the utmost importance to tolerance, respect for the rights of persons, their dignity and their singularity, and to respecting different cultures.
These four principles apply in every circumstance to:
- all Group employees, entities and subsidiaries in their daily business activities
- relationships with customers and stakeholders (e.g. service providers, partners, investors, non-governmental organisations)
- the society in which the Group operates (communities, municipalities, environment)