Atlantica is building a sustainable and successful business for our customers, colleagues, partners and investors. Integrity, Compliance and Safety is our principal core values which prevails over the rest. We continuously strive for the highest standards of business conduct, safety and professionalism even if it means making difficult choices. We are strongly committed to comply with all rules and regulations.
Atlantica is committed to maintaining the highest standards of honesty, integrity and ethical conduct. We are also committed to promote ethical business practice and comply with all relevant laws and regulations. The Company has adopted a Code of Conduct to ensure consistent and effective commitment with Integrity and Compliance. This Code, applicable to all directors, officers and employees of Atlantica plc and each of its subsidiaries, wholly owned entities, and joint ventures, is communicated to everybody on a periodic basis and is intended to help everyone recognize ethics and compliance issues before they arise and to deal appropriately with those issues that do occur.
Our Code of Conduct requires the highest standards for honest and ethical conduct and explicitly states that we do not tolerate bribery and corruption in any of its forms. We also promote and strengthen the measures to prevent and combat corruption more effectively and efficiently. Our anti-bribery and corruption policy applies to all Atlantica business.
In addition, Atlantica has subscribed and assumed the document issued by the United Nations (UN) Convention against Corruption, which was approved by the General Assembly of the UN on October 31, 2003. We have a responsibility to our shareholders and the countries and communities in which we do business to be ethical and lawful in all our businesses.
Furthermore, Atlantica has developed and implemented specific quality norms, which are the result of carrying out activities with knowledge, common sense, rigor, order and responsibility.
In particular, the business activities of Atlantica are governed by laws that prohibit bribery in order to support global efforts to fight corruption. Specifically, the U.S. Foreign Corrupt Practices Act (“FCPA”) and the UK Bribery Act 2010 (“UKBA”) make it a criminal offense for companies as well as their officers, directors, employees, and agents, to pay, promise, offer or authorize the payment of anything of value to a foreign official, foreign political party, officials of foreign political parties, candidates for foreign political office or officials of public international organizations for the purpose of obtaining or retaining business. Similar laws have been, or are being, adopted by other countries. Payments of this nature are strictly against Atlantica’s policy even if the refusal to make them may cause Atlantica to lose business.
We also seek to work with third parties who operate under principles that are similar to those set out in our Code of Conduct. In this sense, the Company has developed a Supplier Code of Conduct with the minimum standards we expect third parties to adhere to.
Finally, Atlantica is committed to supporting fair and open securities markets. On this purpose, Directors, Officers or employees are not permitted to deal on the basis of inside information or engage in any form of market abuse.