ENGIE Establishes Responsible Business Charter

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25 September 2018

ENGIE, the leading energy and services Group, has a new Responsible Business Charter (RBC) and independent Scrutiny Board (iSB), further underlining the company’s commitment to operate to the highest economic, social and environmental standards. 

The RBC ensures that ENGIE will make commitments in the four areas of fair business growth, transparency and accountability, being a fair employer and supporting its communities and environment.  The Charter responds to the need to demonstrate how it contributes more widely to society.

The Company’s adherence with the RBC will be overseen by the newly established iSB Chaired by Lord Bob Kerslake and comprising Sir Mike Rake, Joan MacNaughton, Lord Victor Adebowale, Jane Ramsey, and Baroness Jeannie Drake. 

The iSB will report back to ENGIE’s UK Executive Board and be supported and independently validated by the Centre for Public Scrutiny.   It has the responsibility of holding the business accountable against the commitments of the Charter.  The four commitments will be validated by supporting Key Performance Indicators (KPIs) on key issues including, speed of supplier payments, fair executive pay, customer satisfaction, pension obligations, environmental and social responsibility, diversity and inclusion and living wage.

Wilfrid Petrie, CEO of ENGIE UK, said: “Operating in a responsible and transparent manner has been fundamental to ENGIE’s operations and I am proud that we have formally established this commitment through the RBC.  I believe that the Charter and work of the iSB will establish a new industry standard helping us to lead in responsible business practice.”

Lord Bob Kerslake, Chair of the iSB said: “UK energy and service companies are facing evermore public scrutiny of their business, so it is extremely encouraging that ENGIE has acted pro-actively to strengthen their business practices.   I and the other iSB members are looking forward to working with ENGIE to ensure it continues to operate for the benefit of all their stakeholders.”

The role of the iSB is to validate and scrutinise the KPIs of the charter throughout the year, with the outcomes and recommendations publicly disclosed through an independent Annual Report, which will be managed and overseen by the Centre for Public Scrutiny.

Picture: Image Of Wilfrid Petrie, CEO of ENGIE UK

Article written by Robin Snow | Published 25 September 2018

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