Ukrenergo creates Ethics and Anti-Corruption Committee
The Supervisory Board of Ukrenergo has established an Ethics and Anti-Corruption Committee aimed at strengthening independent oversight of integrity-related matters.
Ukrenergo reported this on Facebook, Ukrinform writes.
The board also approved an anti-corruption plan with a structured roadmap to further enhance governance, control, and accountability.
The decisions were made on December 4 during an extraordinary meeting, which aimed to assess the company's internal controls, the effectiveness of its anti-corruption measures, and compliance in tenders, procurement, and administrative processes.
Following the meeting, Ukrenergo's management was instructed to implement strengthened mechanisms of personal responsibility for all employees involved in procurement and tender processes, ensure strict compliance with requirements, and, if necessary, immediately take corrective actions. The Supervisory Board emphasized that it "acts independently and decisively to uphold the highest standards of integrity."
Board Chairman Jeppe Kofod highlighted the importance of protecting Ukrenergo's reputation to secure financing, restructure credit obligations, and maintain the trust of international partners during this critical time for the energy sector.
He stated that today's decisions reinforce a zero-tolerance approach to corruption and commitment to full transparency and accountability.
The Supervisory Board confirmed that Ukrenergo is committed to continuously aligning its operations with leading international standards, including the OECD Corporate Governance Principles and the best global practices for state-owned enterprises. The company stresses that independent oversight, transparency, and a strong culture of integrity remain key to Ukrenergo's long-term resilience and its role in Ukraine's European integration.
As Ukrinform reported, Ukrainian government officials informed EU ambassadors about new steps to improve and enhance anti-corruption policy in the energy sector.
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