The principles underpinning our work

A solid, ethical and dynamic system that’s constantly geared to incorporating the best practices at national and international level: this is the cornerstone of Enel’s value system and it underpins the Company’s operational activities and relationships with reference stakeholders.

 

The code of ethics

In 2002 Enel adopted its Code of Ethics which outlines the ethical commitments and responsibilities regarding the conduct of business, by regulating and standardizing corporate behaviors based on principles of maximum transparency and propriety towards all stakeholders. The Code of Ethics is valid both in Italy and abroad, while taking into consideration the cultural, social and economic diversity of the various countries where Enel is present.

 

The Zero Tolerance of Corruption Plan

The Zero Tolerance of Corruption Plan, which was adopted in 2006, confirms the Group’s commitment to ensuring propriety and transparency in the conduct of business and corporate activities.
All organizational structures are responsible, within their own areas, for an effective risk management process through the provision of adequate control and monitoring systems.

 

Human Rights Policy

In 2013 the Enel Board adopted a Human Rights Policy that reinforces and deepens the commitments already made in the Code of Ethics, the Zero Tolerance of Corruption Plan and the risk prevention models connected to Corporate Criminal Liability. The policy was updated in 2021.
The Policy identifies 12 principles relating to two macro-issues: work practices and relationships with communities and society. It highlights the fact that environmental decay and climate change are intertwined with human rights in that measures to mitigate their effects cannot be implemented without taking into consideration their social impact.

 

Enel Global Compliance Program

The “Enel Global Compliance Program” (EGCP) is a governance tool that’s specifically designed to reinforce the Group’s ethical and professional commitment to preventing acts outside Italy for which the company can be held criminally liable and face the related reputational risks.
The EGCP applies to the Group’s non-Italian companies, integrating, where present, the Compliance Programs adopted by those companies in conformity with local regulations.

 

The organizational and management model (ex D.Lgs. 231/01)

Legislative Decree No. 231 of June 8, 2001 introduced into the Italian legal system the concept of administrative (but de facto criminal) liability for companies, for certain types of crimes committed by their directors, managers or employees in the interests or to the benefit of the companies themselves. Back in 2002 Enel was the first company in Italy to adopt an Organization and Management Model that met the requirements of Legislative Decree 231/01 (Model 231) and this has since been constantly updated in line with the regulatory framework of reference and the current organizational context.