Field of Action: Corporate Governance
We stand for law-abiding and ethical conduct. We respect human rights in our own operations as well as in the supply chain. To ensure compliance with environmental and social standards, we will work towards installing greater transparency. Our focus is therefore on:
Our actions are characterised by a sense of direct responsibility, sincerity and integrity and respect for our fellow human beings and the environment. As a regulated company, Amprion is subject to special legal requirements. The Management Board manages the company accordingly and is itself monitored and supervised by the Supervisory Board. In our Compliance Code, we have set out key principles for conduct that complies with regulations and the law. They apply to the Supervisory Board, the Management Board, executives and all employees alike. For us, compliance is something we live and breathe in everything we do. We have also established a compliance management system that applies to the whole of Amprion, including our offshore-line subsidiary. The principles of our corporate governance also include sustainable financing.
We focus on a solid and secure financing strategy and avoid unnecessary risks. In the highly regulated environment in which we operate, we also seek constructive and objective dialogue with representatives of state agencies and political parties. We see our role as that of a technical consultant.
Along our value chain, we advocate the recognition, promotion and observance of fundamental values in the fields of human rights, labour standards, environmental protection and fighting corruption. We expect the same from our external partners, too.
For this reason, in our “General Terms and Conditions of Purchase and Payment” (GTCP), we require our suppliers and service providers to uphold human rights, comply with industrial safety and environmental protection legislation as well as to act in a legally and ethically impeccable manner.
In implementing our duty of care in respect of human rights, we are guided by the National Action Plan for “Business and Human Rights”. In line with the requirements of the German Supply Chain Due Diligence Act (LkSG), Amprion will establish binding due care and diligence processes in the coming years for the purpose of monitoring and promoting compliance with environmental law and human rights along the supply chain.
The Greener Choice
Furthermore, we plan to take advantage of the cooperation with our supplier network to jointly drive ecological transformation. With this in mind, Amprion and other European transmission system operators offered encouragement to relevant suppliers in 2022 in the form of another joint call for action.