Ethics risks analysis
The assessment of ethics risks, taking into account specificities of ENGIE activities, is included in the Group’s annual risk analysis process (ERM).
Five Group ethics risks are identified for analysis within the ERM process:
- infringement on human rights
- competition and/or embargo rules not taken into account
- ethics steering insufficiency
The processes for assessing corruption risk and infringement on human rights risk include a methodology common to all Group entities, based on check-lists and on annual reporting to the ENGIE Board of Directors’ Ethics, Environment and Sustainable Development Committee (EESDC).
In addition, the policy on analysis the ethical risk related to investment projects and major contracts, and the Human Rights referential applicable to all Group entities, require entities respectively to analyze the corruption risk and the infringement on human rights risk for each new project.