Policies and commitments

Enel Colombia has committed itself with the Good Corporate Governance principles implementing a system allowing it to meet its acquired obligations and commitments in its social environment, with timely information on its financial performance, its strategic plans, and the programs implemented is relation to sustainable growth.

Enel Colombia purpose focuses on increasing the efficiency of its production processes, the soundness of its infrastructure and its servicing commitment, allowing the company to adequately respond to the growth in electric power demand.

Enel Colombia purpose focuses on increasing the efficiency of its production processes, the soundness of its infrastructure and its servicing commitment, allowing the company to adequately respond to the growth in electric power demand.

Enel Colombia is firmly convinced that the success of its corporate project is based on the skills and excellence of its human resources. It is, therefore, committed to the development of its human talents promoting personal development and teamwork among its employees. It supports equal opportunities, nondiscrimination, and balance between family and work life, always within the framework of the main and absolute value of protection of the lives and wellbeing of its employees and those of collaborator companies.

Enel Colombia society is the provision of quality service to the communities it covers to allow their socio-economic and cultural development. Enel Colombia is aware of its role as a responsible corporate citizen and as such, contributes to build a more peaceful, just, and solidary society.

Environmental protection is one of the criteria of the corporate management of Enel Colombia, expressed in the permanent identification, evaluation and control of the environmental effects resulting from its activity, especially those related with the use of resources and to the treatment and final disposal of waste.

Enel Colombia lives the experience of technological innovation transforming ideas into value for the organization and for the country, providing an element of differentiation to the electric power services. The company promotes constant innovation through the generation, use or transfer of knowledge in the search for sustained growth through the identification of new businesses, the efficiency of its processes, technological development and the generation of research opportunities.

The electricity sector in Colombia, committed to ethics and transparency

Within the framework of the III Ethics in the Electricity Sector Forum, held in recent days, an agreement was signed to guarantee the Transparency and Ethics Commitment of the sector companies in Colombia. This commitment is the result of a collective action promoted by twelve companies in the electricity sector, including Enel Colombia. The commitment seeks to promote healthy competition, confidence and sustainability of the companies and the sector. The twelve companies behind this collective effort are: Enel Colombia, the Energy Company of Bogotá, AES Chivor, the Energy Company of Boyacá (EBSA), the Energy Company of Cundinamarca (EEC), Empresas Públicas de Medellín (EPM), Interconexión Eléctrica (ISA), ISAGEN, Termoemcali, XM, ISA Transelca and ISA Intercolombia. Additionally, the Energy Company of Bogotá has signed as an adherent to the commitments of this collective action. The companies committed themselves to implementing a cooperative and sustained cooperation process that strengthens the ethical leadership of the sector. In this way, they declare to the general public the commitments they are taking on regarding corruption risks and non-competitive practices.

The commitments acquired by each of the signing companies are:

1. Advance in the development and implementation of a Comprehensive Anticorruption Program, based on the business principles to counteract bribery of the Transparency International organization.
2. Continue to promote competition in the electricity sector, based on the good practices of corporate governance for the prevention of restrictions to free competition.
3. Build and disseminate, within each company, a map of corruption risks, restrictive practices to competition and money laundering and financing of terrorism, including the relevant administration measures; as well as contributing with the elaboration of the same for the whole sector.
4. Provide useful information to promote transparency in the sector and in the energy market.
5. Disseminate the present agreement within each company, including their respective Board of Directors; as well as with the different interest groups in the electricity sector.

To achieve this outcome, working groups were organized led by the National Operation Council and XM, with the participation of representatives of each of the twelve commitment companies. On behalf of Enel Group Colombia, participated Raffaele Cutrignelli and Alberto Gómez Porras, of the Auditing Management; and Diana Jiménez and John Rey, from the Regulation, Institutional Relations and Environment Management. In addition to the companies, the event was attended and supported by representatives of government entities, authorities and control entities, among which the Transparency Secretariat of the Presidency of the Republic, the Superintendence of Residential Public Services, the Superintendence of Industry and Commerce, and the Mining and Energy Planning , and the NGO Transparencia por Colombia.

Finally, the Regional Support Center for Latin America and the Caribbean in the Global Compact attended the event in the role of Neutral Third Party to the Agreement; while the Transparency Secretariat of the Presidency of the Republic, the NGO Transparencia por Colombia, the United Nations Office on Drugs and Crime participated as witnesses in the signing of this sectoral agreement.