Corporate governance
Corporate governance
Criminal Risk Prevention
Red Eléctrica’s Code of Ethics, as part of its conduct guidelines and rules for action binding all Group members in any professional field where they represent the company, includes a commitment to comply with all aspects of the law, extending it whenever the work or activity entrusted is carried out by third parties.
Red Eléctrica’s Criminal Risk Prevention Programme is aimed at identifying the rules, procedures and tools established in the Group to avoid any breach of criminal laws that are applicable to the company and its staff, adjusting it to the new regulatory scenario. Thus, the necessary control already being exerted by the Red Eléctrica Group now includes the management and prevention of any criminal risks affecting it due to its activity and business sector, in relation to the criminal liability of legal entities introduced by the Spanish Criminal Code. This Programme has been approved by the Board of Directors of the Red Eléctrica Group, after receiving a favourable report from the Appointments and Remuneration Committee.