Code of Conduct
More about this topic, as well as the RWE Code of Conduct for download as a PDF
RWE takes the subject of compliance very seriously. We set great store by the fact that our company does things by the book. Integrity, decency, compliance and respect for others and the environment form the basis for our corporate activities. At the same time, we are subject to laws, ordinances and other regulations.
Together with the RWE Code of Conduct, they form the framework that we operate within. We also place a lot of importance on the legal and ethical conduct and actions of our staff and business partners. We are very aware of our role in society and our responsibility towards our customers and business partners, as well as our shareholders and employees.
The energy sector is characterised by regulatory decisions, constant flux and projects with high order volumes. Avoiding conflicts of interest is a top priority at RWE because private interests must be kept separate from business interests.
We are just as strict about ensuring that decisions are not influenced by any type of undue advantage. To make this clear, we have developed guidelines in the RWE Code of Conduct that apply Group-wide, precisely defining how to handle business gifts and invitations, for example.
RWE ensures its staff and management are aware of compliance matters. Internal media inform our employees about compliant behaviour and about the possible risks in the event of breaches of compliance. Furthermore, they receive training on various topics via an online training programme and by attending events in person.
Participation is mandatory, categorised by the risk of corruption associated with an employee’s individual area of work. The Executive Board is also involved in the training programme.
RWE engages in dialogue with various political stakeholders, non-governmental organisations, associations and other relevant interest groups. Our aim is to constructively support the discourse on forward-looking issues relating to energy supply and energy transition in an environment characterised by complex regulatory frameworks and to contribute the company’s expertise.
Our advocacy activities are closely coordinated both in the countries where we operate and through our representative offices in Brussels and Berlin. We engage with stakeholders through our own events and through active participation in national and international conferences and events organised by third parties. We communicate the company’s positions transparently through the media and our digital channels. We also participate in consultations.
We comply with the transparency requirements of the European Union’s Transparency Register and the German Federal Lobby Register, as well as state regulations. Our Code of Conduct commits us to the highest standards of business ethics and responsible conduct in all lobbying activities.
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