Fighting corruption

LLC Portenergo accepted a number of local regulations aiming at elimination of legal and reputational risks. For instance, the Company has the Corporate Ethics Code mandatory for all managers and employees. Moreover, the provisions of the Code are aiming at increase interests and efficiency of the Company.

The Security Service regularly evaluates corruptions risks of departments maintaining business activity and reviews revealed facts of conflicts of interests and responses to them taking associated measures including expulsion. After introduction of above mentioned procedures, some of employees who've violated corporate standards were fired. Some materials were submitted to the law enforcement of the Russian Federation.

LLC Portenergo implemented a complex of measures for usage of transparent procedures for procurement. The Company regularly interacts with law enforcement and security authorities concerning various aspects of its activity.

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