We strive to operate our business in a way that avoids any and all corruption and bribery. As part of our membership in the Global Compact, we pledge to combat all forms of corruption worldwide. As a result, fighting corruption is embedded in our CR strategy.

 

It is important to us that our employees know our Code of Conduct and comply with its rules. Beginning in 2007, our Code of Conduct is included in orientation events for new employees and in training modules conducted by E.ON Academy, our corporate university. For 2008, we’ve developed a special eLearning tool to help make our employees even more aware of their responsibilities under our Code of Conduct.

 

The vast majority of fraud cases recorded in our company in 2007 were discovered by internal checks, confirming the effectiveness of our monitoring systems. These cases were not serious in their financial damage, but all involved were dealt with severely. The whistleblower hotline represents another tool in the fight against corruption and bribery, with all cases reported being followed up.