Τhe principles, beliefs, corporate culture, business ethics and primarily our voluntary ethical commitments are crucial pillars of the company’s operations and remain unchanged over time.

The GEK TERNA’s Code of Conduct, along with the corporate governance rules and the policies that we apply, define the framework of its business operation.

These rules and policies describe the behavior we anticipate from our people, as well as the way we conduct our business with our customers, suppliers and other partners.

In this context, the company follows the following policies, which ensure the desired agreed and transparent operating framework:

• Regulatory Compliance and Corruption and Bribery Control Policy
• Policy for Addressing Unhealthy Competition
• Conflict of Interest Policy
• Policy of Compliance of Violence and Harassment at work
• Whistleblowing Policy
• Travel and Travel Expenses Policy
  This Policy sets out the limits and expenses that Company and Group personnel are allowed to make when conducting business trips or hosting partners and clients of the Company. At the same time, the approval flows followed for the submission and approval of these expenses are described.
• Gift Policy
  This Policy specifies what is allowed and what is not allowed regarding business gifts sent or sent by employees of the Company and the Group. It sets out the conditions, limits and rules that must be followed in order for a gift to be considered acceptable.
  In addition, it describes the procedure for updating and approving in case these limits are exceeded.

The Company, implements the Management System in order to comply with the GEK TERNA’s Code of Conduct effectively and efficiently.

For information, please contact the Regulatory Compliance Officer: compliance@gekterna.com

Code of Conduct

Reporting – Complaints’ System’s communication channels

In the context of the correct use of the Company’s Code of Conduct, you are kindly requested to use one of the following communication channels with the Regulatory Compliance Officer designated as the Person Responsible for the Receipt and Follow-up of Reports (P.R.R.F.R) for reporting any cases of fraud, corruption, bribery, conflict of interests, harassment at work and in general deviations from the Code of Conduct.

You can contact either anonymously or by name through:
E-mail to the electronic address compliance@gekterna.com
The platform https://gekterna.integrityline.com/frontpage
A letter addressed to: “TERNA ENERGY ASSET MANAGEMENT S.A.” 85, Mesogeion Αve., Athens 115 26, Greece, for the attention of the ” Person Responsible for the Receipt and Follow-up of Reports ” of the Company, with the indication “Confidential”.
Orally after a meeting with the Person Responsible for the Receipt and Follow-up of Reports.

ISO 37001:2016

ISO 37301:2021

TERNA ENERGY ASSET MANAGEMENT S.A., through the implementation of a Management System in accordance with ISO 9001, ISO 14001, ISO 45001, ISO 50001, ISO 37001 and ISO 37301 standards for the construction and operation of technical projects and energy production facilities, is committed to:

• Achieving the highest possible level of stakeholder satisfaction and meeting contractual requirements, as well as current best practice standards.
• Reducing the environmental impacts from its
• Reducing energy consumption and greenhouse gas emissions in its buildings and facilities, aiming at sustainable development.
• Protecting the Health and Safety of its
• Adhering to the fundamental principles of the Code of Ethics and Conduct.
• Strengthening the Company’s corporate values and principles by raising awareness among employees and partners on matters of regulatory compliance, corruption and bribery prevention, and labor relations.

Above commitments are based on the following principles:

•  Compliance with applicable legal and other requirements.
• Protection of the environment and ecosystems through the identification and assessment of the environmental aspects and impacts of its activities.
• Prevention of pollution, reduction of generated waste, and ensuring its safe and environmentally sound handling and disposal.
• Conservation of natural resources through the reuse and recycling of materials, procurement of recycled materials, and use of recyclable packaging and other materials.
• Responsible use of energy and identification and elimination of all areas of energy waste across its operations, while improving energy performance and maintaining the quality of its projects and the health and safety standards of its employees.
• Identification of hazards with the aim of eliminating them and reducing risks for all employees through the implementation of appropriate measures.
• Providing safe and healthy working conditions for the prevention of work-related injuries and illnesses.
• Consultation and participation of employees in Occupational Health and Safety matters and evaluation of relevant information for the improvement of the Management System and risk reduction.
• Providing appropriate training on Quality, Environmental Protection, Energy Management, Occupational Health & Safety, and Regulatory Compliance.
• Protecting employees and society as a whole by adopting safe technologies and operational procedures.
•  Cooperation with approved suppliers and subcontractors.

• Protection of archaeological monuments, cultural heritage, and ecosystem flora and fauna through the adoption of environmentally friendly methods and
• Continual improvement of the implemented Management
• Establishment of objectives for the operation and implementation of the System and monitoring their achievement.
• Provision by Top Management of the necessary resources to enable the achievement of objectives.
• Reporting and Management of Complaints and Grievances, and the development of supporting policies and procedures that facilitate the implementation of the Code Conduct.

The Company’s Management believes that Quality, Environmental Protection, improvement of Energy Performance, Health and Safety of its employees, as well as compliance with the Code of Conduct, are EVERYONE’s obligation. Therefore, it is committed to cooperating with all relevant stakeholders and implementing every possible measure towards this direction.