CODE OF CONDUCT
The aim of the Code of Conduct is to set out the values that should guide the behaviour of all staff of the Company.
This code, approved in 2007 and revised in 2011 and 2016, forms the basis of the Company's ethics and compliance model and aims to steer:
- Relationships between employees
- Employees' dealings with customers, shareholders, suppliers and external collaborators
- Relationships with public and private institutions and with society as a whole.
In addition, the Regulations of the Code of Conduct aim to provide guidelines for employees and the Company on how to proceed when the Acciona Group's Code of Conduct is breached or stands at risk of being breached.
This key initiative offers an effective tool for all employees for discussing doubts or reporting potential breaches of the Code of Conduct.
ACCIONA supports and is committed to applying public policies that promote diversity and inclusion under the principle of equal employment opportunities
We protect human rights
ACCIONA has a firm commitment to ensuring that its business and professional activities comply with the current laws of each of the places in which it operates, guaranteeing full compliance with the best national and international practices, as established in its Code of Conduct (the “Code of Conduct”).
The Ethical Channel is the internal information system that ACCIONA makes available so that anyone can report any possible irregularities, breaches or behaviors produced within the framework of ACCIONA's activities and contrary to the current legal framework, the Code of Conduct and/or the ethical values of the Group.
The Policy on the operation of the Ethical Channel, approved by the Board of Directors of ACCIONA, establishes the essential principles that govern the Ethical Channel
In 2015, as a further step toward ACCIONA's aim to follow the best corporate governance practice, the Company created a new unit/compliance function reporting directly to the Executive Chairman and the Board of Directors’ Audit Committee.
ACCIONA openly expresses its support and respect for the fundamental tenets of the fight against corruption, as laid out in the United Nations Convention against Corruption, by committing itself to working against corruption in all its forms, including extortion or instigation of criminal offences, bribery, conflict of interest, influence peddling, falsification of documents, money laundering, insider trading, and fraud.
The ACCIONA Board of Directors has approved a Crime Prevention and Anti-bribery Policy. Its goal is to reiterate to all administrators, managers, employees and third parties involved in the Group, a resounding message against any form of criminal offence, particularly corruption in our operations. The commitment of all ACCIONA staff to act ethically, and with integrity, and in respect of the rules, is also set out in the Code of Conduct and the Anti-Corruption Guidelines.
As a company governed by ethics and corporate transparency, ACCIONA rejects all forms of unfair competition:
Similarly, the Code of Conduct lays out behavioural patterns and anti-corruption and anti-bribery measures, and it calls on employees to comply with current law. Without exception, ACCIONA will not tolerate any attempt to bribe the Company, any of its employees or vice versa. In addition, and among other ethical principles, the Code of Conduct promotes free competition.
Business with integrity
ACCIONA undertakes to avoid all forms of corruption and comply with all the applicable laws and regulations in all the countries in which it is present.
ACCIONA Group's Anti-Corruption Guidelines provide compliance guidelines to prevent misconduct, and are applicable and compulsory for all employees and third parties with which ACCIONA works (including agents, brokers, advisers, consultants and suppliers).