Sustainability Reporting Initiative
Governance > Ethical Standards
The Code of Conduct ensures that Innergex’s reputation for integrity and good corporate citizenship is maintained through adherence to high ethical standards, sets the standard for acceptable behaviour, and provides guidance as to our expectations for all employees, consultants, members of the Board of Directors and others when representing the Corporation. Innergex revises and updates its Code of Conduct on a regular basis (most recent update November 2020), and requires yearly recommitment to its contents by all employees and Board members.
of employees participated in an online training session on matters addressed by the Code of Conduct and related policies
Innergex takes its commitment to conduct business in a responsible manner very seriously. We promote and encourage our core values and require that all executive decisions and employee conduct comply with applicable laws on fundamental human rights. We actively raise awareness and hold information sessions on our Code of Conduct, policies, guidelines, and statements with employees. Innergex also encourages the reporting of any incidences that violate any internal policies while offering access to legal consultation services as part of the employee benefits. According to Innergex’s corporate culture, we are committed to legal and regulatory compliance and we recognize our employees’ right to the Freedom of Association and the Right to Collective Bargaining as per ILO Conventions C87, C98, C135, or similar international texts on union rights. However, none of the employees of Innergex have expressed the desire to join a union to date.
Innergex is committed to respecting human rights in all aspects of its activities and irrespective of the geographical location where it conducts business. We require that all directors, management, employees, as well as third parties acting for or on behalf of the Corporation (“Innergex Team Members”) comply with the requirements laid out in this statement in all aspects of our business including in procurement, decision-making, management and operations. When seeking to enter into an agreement for the supply of goods or services, Innergex requires a commitment to comply with the terms of our Statement from their representatives. No violation of human rights will be tolerated by or within Innergex and we condemn all forms of harassment, intolerance and abuse.
Our policy acknowledges that we all have a responsibility and part to play in ensuring all stakeholders are treated with dignity and respect and supports the principles contained in:
- The Universal Declaration of Human Rights;
- The International Covenant on Civil and Political Rights;
- The International Covenant on Economic, Social and Cultural Rights; and
- The International Labour Organization’s Declaration on Fundamental Principles and Rights at Work.
Innergex is a signatory in the Solar Industry Forced Labor Prevention Pledge that opposes the use of forced labour within the solar supply chain. We are committed to helping ensure that the solar supply chain is free of forced labour and raising awareness within the industry on this important issue. To assist in these efforts, we support the development of an industry-led solar supply chain traceability protocol as a tool for identifying the source of primary raw materials and inputs and tracking their incorporation into finished products, including solar modules.
Innergex believes that every employee shall be free, without fear of retaliation, to make known allegations of improper or unethical behaviour in a safe environment. In line with the Whistle-Blowing Policy, misconduct that an employee reasonably believes to be evidence of a breach of legislation or material irregularities such as criminal offences, unethical behaviour, danger to health or safety, violation of human rights, or financial or non-financial impropriety or fraud is expected to be reported.
Innergex offers EthicsPoint to its employees, a comprehensive and confidential online reporting tool to safely communicate issues and concerns associated with unethical or illegal activities with management or the Board of Directors while maintaining anonymity and confidentiality if desired.
|Human Rights complaints||0|
Information security is an essential function that allows us to conduct our daily business activities with the confidence that our perimeter is properly protected. Our Information Technologies (IT) department employs a comprehensive cybersecurity program guided by IT Security Policies, standards, procedures and guidelines which frame the protection of all Innergex assets and work diligently to promote an internal culture that educates employees and promotes awareness.
The IT Security Program establishes the information security requirements for the protection of all Innergex information and system assets. It also ensures all employees are aware of associated risks involved in the online management of our business especially as a considerable portion of it is done remotely due to the nature of our activities. All employees are encouraged to read the corporate Information Security Policy carefully in order to familiarize themselves with its content to ensure an understanding of information security risks and their responsibilities at Innergex.
The Audit Committee periodically receives reports from the IT department on security posture and cyber risk management.
• No complaints linked to disclosure or breaches of customer privacy
• More than 450 hours of training for employees in security assessments
• More than 15 cybersecurity awareness training events held for employees
Innergex follows the principle of one share one vote when carrying out Board matters.
The Majority Voting Policy subscribes that, in an election of directors, any nominee who receives a greater number of votes withheld than votes in favour of their election must tender his/ her resignation to the Board immediately following the shareholders meeting. Under this policy, the Board shall accept the resignation absent exceptional circumstances. A director who tenders his/her resignation pursuant to this policy will not participate in any meeting of the Board at which the resignation is considered. The policy does not apply in circumstances involving contested director elections.
The Board believes in the importance of open and constructive dialogue with shareholders. The Shareholder Engagement Policy outlines how the Board and Management may communicate with shareholders, how shareholders can communicate with the Board, and provides an overview of how Management interacts with shareholders. Shareholders may communicate directly with the Board anytime by email at CA-BOD@innergex.com.