Safeguard our integrity

Being a good corporate citizen involves ensuring that the organisation acts in an ethical manner that is free from corruption.   

Vattenfall believes that competition plays a decisive role for a market to function effectively and has a zero tolerance policy with respect to bribery and corruption.

Our strategy

Ensure that everyone in the Group acts in an ethical manner that is not anti-competitive.

Our targets

All relevant employees and managers should have participated in the Vattenfall Integrity Programme.

Achievements 2015

  1. Vattenfall's main focus is on training, and all senior managers and employees who have extensive contacts with competitors are required to participate in the Vattenfall Integrity Programme, whose purpose is to raise the level of awareness, to ensure that Vattenfall's employees understand the integrity standards Vattenfall expects of them, and to ensure a common compliance culture throughout the Group. The training includes information on the eight principles in the Code of Conduct and the merits of Vattenfall's whistleblower function. In 2015 a section about the EU Regulation on wholesale Energy Market Integrity and Transparency (REMIT) was added. Over 1,000 employees attended the programme in 2015.
  2. As a complement to instructor-led training, Vattenfall also offers a number of e-learning courses. More than 2,400 employees completed the Code of Conduct e-learning training in 2015.

Challenges we have

To adapt Vattenfall’s Integrity organisation and the existing work processes to the company’s new organisational structure while maintaining a high level of quality and results.

Our planned activities

Vattenfall will continue its work on incorporating the Code of Conduct into business practices and related matters, but with a more local focus. A further goal will be to follow up completed training activities and verify a number of routines coupled to the company’s Code of Conduct.

Last updated: 2016-10-11 11:47