The code is aimed at all those suppliers that provide goods and/or services to Red Eléctrica, which makes it essential that suppliers understand and fully comply with it in the contracts entered into with Red Eléctrica.
Red Eléctrica will monitor and ensure the continued application of these principles by the suppliers. The principles of conduct contained within this Code are structured within three main areas: the supplier's relationship with its employees and contractors, with Red Eléctrica and with the environment.
The Code, which is revised periodically, became effective as of 1 January 2013 and from that moment it became part of Red Eléctrica’s General Conditions of Contract. The acceptance of the Code entails that the supplier accepts the possibility of being audited by Red Eléctrica to verify its compliance. In the event that a supplier does not agree to be audited, such supplier will no longer be able to participate in new tenders.
The code is reviewed periodically and the current document, in force since June, 2020, is aligned with Grupo Red Eléctrica’s Code of Ethics and Conduct.
Red Eléctrica conducts social audits not only in order to verify the correct compliance with the Supplier Code of Conduct among our suppliers, but also to transfer the principles of responsibility of the Company to its suppliers.
Red Eléctrica annually establishes a Plan of Social Audits whose objective is to audit providers of those supplies with potential or actual significant impact on working conditions and ethical behaviour or, when the Company has evidence, through the communication channels open to suppliers, of some indication that a supplier is acting incorrectly. As a result of these audits, improvements or action plans are agreed with the suppliers. The monitoring of these plans allows Red Eléctrica to measure the evolution and verify the improvements implemented.
As a result of these audits, improvements or action plans are agreed to foster suppliers’ development and whose motorisation enables Red Eléctrica to measure their evolution and to ascertain the improvements made.
183 audits were performed on suppliers during last three years