Anti-corruption and fair competition
(GRI 2-23, GRI 206)
Alpiq does not tolerate any form of corruptive or anti-competitive behaviour and therefore identifies potential measures by mapping corruption risk and anti-competitive risks across its operations and investments. Anti-corruption and anti-competition topics are anchored in Alpiqʼs policies, in particular the Code of Conduct and the Code of Conduct for Suppliers. The internal “Know Your Counterparty” process ensures that due diligence is conducted to identify and screen Alpiq customers, suppliers and business partners. Training and communication measures are essential to prevent corruption and competition risks. Information regarding risk management and monitoring is laid down in “GRI 2-23: Policy commitments”.
Milestones
- No legal actions pending or completed during the reporting period regarding anti-competitive behaviour by Alpiq, nor violations of anti-trust legislation in which Alpiq has been identified as a participant
- No incidents nor legal actions during the reporting period relating to corruption involving Alpiq
- Issuance of Alpiqʼs updated Code of Conduct at the end of 2023
Numbers
- 184 – employees participated in Code of Conduct e-learning
- 198 – employees participated in GDPR e-learning
- 507 – employees participated in Anti-Corruption e-learning
- 1,110 – employees participated in Speak Up e-learning
- 1,105 – employees participated in Gifts and Invitations e-learning
- 25 – classroom training sessions on anti-corruption
Statement
“We cherish competition, fair business practices and transparent markets. That is why we do not engage in nor tolerate any form of bribery or anti-competitive behaviour.”
Nicole Appert
General Counsel
Frameworks/Standards
Alpiq Code of Conduct, Alpiq Code of Conduct for Suppliers