The following business principles apply to all transactions entered into by SN Power, while guiding the behaviour expected of every employee. SN Power will not enter into partnerships that are not aligned with our business principles. In addition, contractors or consultants working on our behalf, or in our name, are required to adhere to these principles.
Delivering sustainable growth
SN Power is committed to creating long-term value for its shareholders and the countries in which it operates by investing in and operating profitable renewable energy projects. To deliver sustainable growth, we include an appraisal of the risks and rewards, as well as sustainable development considerations (economic, social and environmental), as key criteria for our investment and divestment decisions.
Acting responsibly and being transparent
We are committed to being responsible and transparent, and expect the same from all those with whom we do business.
We do not offer, pay, promise, or take bribes or kickbacks. We do not accept or offer gifts, gratuities, entertainment or favours unless they are of nominal value and are normal and customary in the business circumstances.
We reflect all business transactions accurately and fairly in the accounts of the company in accordance with established procedures and subject these records to audit and disclosure.
We do not seek to influence political processes in an unfair or un-transparent manner. We do not make contributions to political parties, or their representatives.
We require our employees to avoid conflicts of interest between their private activities and their role in the company’s business activities.
Safeguarding the environment
We are committed to safeguarding the environment for future generations. We work actively to develop renewable energy projects and increase the availability of renewable energy. We apply energy efficient technologies wherever possible. We apply the precautionary principle and try to minimise potential negative effects on the environment through a combination of careful planning, design adjustments and operational improvements to our projects and plants.
Delivering value to host communities
We are committed to developing our business in a way that adds value in the local communities and the countries in which we operate.
We seek to establish a regular and open dialogue on environmental and social performance with host communities and other stakeholders, and pay special attention to the needs and concerns of vulnerable groups. We aim to reflect the priorities and concerns of local communities in our decision-making processes and we try and minimise potential negative effects through a combination of careful planning, design adjustments and operational improvements.
We engage actively in knowledge and skills transfer so that our host communities and countries benefit both in the short and long term from our projects.
Developing our people
SN Power is committed to creating a culture in which all employees are challenged and have the opportunity to develop and utilise their talents. We aim to create a dynamic work environment where the merit, insight, entrepreneurial initiative and hard work of our employees are rewarded.
We actively recruit skilled men and women with integrity from a variety of professional backgrounds and nationalities.
We will not discriminate against any individual on the basis of race, colour, sex, national origin, age, religion, marital status, sexual orientation, or disability, and we recognise the right of our employees to negotiate collectively, to freedom of association and free speech.
Promoting Health and Safety
We make occupational health and safety a primary focus in the planning, design, construction, operation and maintenance of our projects. SN Power is therefore committed to continuous improvement in this area. SN Power’s objective is to aim for a zero accident and injury rate for all operations and all projects in all of their phases.
Supporting Human Rights
We support the fundamental human rights outlined in the United Nations Universal Declaration on Human Rights, as well as the 10 principles of the United Nations’ Global Compact.
SN Power does not provide employment to children before they have reached the age necessary to complete their compulsory education, as defined by the appropriate authorities in the countries where we operate.
We act in accordance with the International Labour Organization Convention (ILO) 138 on the minimum age for employment and the ILO Convention 182 on the Worst Forms of Child Labour.