Suppliers and business partners
SUPPLIER’s Commitment to Ethical Conduct
Ethical rules are also defined for all CEZ Group suppliers in the so-called Commitment to Ethical Conduct, which is part of the agreements concluded with suppliers and which is listed on the CEZ Group website. This requirement includes the contractually established right of CEZ Group to check the supplier’s compliance with the ethical rules. This right is exercised by CEZ Group.
To reduce the risk of corruption and conflicts of interest, we have introduced a system of third-party due diligence at CEZ Group. These checks are a mandatory part of the purchasing process for potentially high-risk business cases. More than 900 business cases go through these checks every year.