Endesa manages relations with the institutions according to the principles established in the regulatory provisions and its Code of Ethics, providing its vision or positioning and offering comprehensive, transparent information for making the most appropriate decisions.
In this regard, particularly and as established in its Code of Ethics: “Endesa does not finance parties, their representatives or candidates in Spain or abroad, nor does it sponsor congresses or parties whose sole purpose is political propaganda. It does not exert any type of direct or indirect pressure on political exponents (for example, through public concessions to Endesa, acceptance of suggestions for hiring, consultancy contracts, etc.)”. Endesa participates in business and employers’ associations which, among other things, represent their members in public regulatory processes and, in general, within the framework of the consultation processes of energy and business policy initiatives developed by public institutions. In 2019, annual contributions paid to the organisations referred to in the form of membership fees totalled Euros 3.09 million. In particular, the three most important contributions corresponded to “Association of Electric Power Companies- AELEC” (Euros 1.97 million), “Nuclear Forum” (Euros 0.28 million) and “Spanish Confederation of Business Organisations - CEOE” (Euros 0.21 million).
The institutional dialogue with the business and employer associations in which Endesa participated in 2019 focused on supporting the consultation and regulatory development processes in the following areas:
- Policy development: aimed at promoting a sustainable energy model, including, among other topics, energy efficiency, the growth of renewable energy, the development of smart grids and digitisation. The contribution in 2019 was Euros 2.65 million.
- Business regulation: related to increasing business competitiveness, including, among other topics, industrial legislation, tax regulation and labour law issues. The contribution in 2019 was Euros 0.45 million. The following table shows the amounts by type of contribution made between 2016 and 2019.
In Europe, the supervision of this type of activities is carried out through voluntary registration on the platform created for this purpose by the European Commission - (http://ec.europa.eu/transparencyregister), with which Endesa has been registered since 2011. The registry aims to provide citizens with a single, direct point of access to information about who carries out activities aimed at influencing the EU decision-making process, the interests pursued and the resources invested in these activities.