Human rights

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The Terna Group operates in Italy, where the legal framework and the level of civil development amply guarantee respect for human rights, freedom of association, and collective bargaining, thus making it non-critical for a company to take particular actions on these issues through the implementation of special management policies. In the whole of 2012, Terna's projects abroad (in the Balkans and North Africa) did not involve operating activities. The Montenegrin company Terna Crna Gora, incorporated in June 2011 (3 employees with local contract at December 31, 2012), also has the purpose of supporting Terna's activities, deriving from its equity investment in the share capital of the Montenegrin TSO CGES (see “The Terna Group”). This company adopted the Group's Code of Ethics in February 2012.

In 2006, Terna adopted the principles of the Global Compact, referring to them in its Code of Ethics, thus establishing a reference point – an insuperable limit – for all situations in which the Company might operate around the world. This commitment was further strengthened in December 2009, when the Board of Directors resolved to formally join the Global Compact (see the relevant paragraph in the section “Profile”).

In view of the above, and of the fact that there are currently no critical issues,  the managerial responsibility for human rights as a principle belongs to the Human Resources and Organization Department, while – considering that many aspects regarding human rights are dealt with in Terna’s Code of Ethics – the Audit Department is entrusted with ensuring that the rules are correctly applied. As regards the guarantees of respect for human rights and of workers' protection in contracted and subcontracted works performed on Terna's behalf, the Procurement and Contracts and Security and Services Departments play a crucial role; on this point see the paragraphs "Relations with suppliers" and "Occupational health and safety". Finally, the Corporate Social Responsibility Unit tracks changes in external references (e.g. international conventions), also with an eye to Terna's possible future activities in other countries.