Human rights

HR1The Terna Group operates in Italy, where the legal framework and the level of civil development amply guarantee respect for human rights, freedom of association, and collective bargaining, thus making it superfluous for the Company to dedicate HR3particular attention to these issues, with the implementation of special management policies. Throughout all of 2011, HR4Terna’s projects abroad (Balkan area and North Africa) did not imply any operational activities. Even the Montenegrin HR5company Terna Csrna Gora, established in June 2011 (2 employees with local contracts as of December31, 2011), HR6provides support to Terna’s activities deriving from its equity share in the Montenegrin TSO CGES (see “The HR7Terna Group”). This Company adopted the Group’s Code of Ethics in February 2012.

HR9Since 2006, Terna has adopted and incorporated in its Code of Ethics the principles of the Global Compact,thus establishing a benchmark – an insuperable limit – for all the situations in which the Company might operate in HR10the world. This commitment was further strengthened in December 2009, when the Board of Directors resolved to HR11formally join the Global Compact.

In compliance with the above and the current lack of criticalities, the managing responsibility for human rights is in principle within the sphere of the Human Resource and Organization Department, and – considering that many aspects regarding human rights are dealt with in Terna’s Code of Ethics – the Audit Department is entrusted with ensuring that the rules are correctly applied. Regarding guaranteeing respect for human rights and workers’ protection in contractor and subcontractor works carried out on behalf of Terna, a fundamental role is played by the Procurement Department and by the Corporate Security Department; for this purpose see paragraphs “Relations with Suppliers” and “Occupational Health and Safety”.
The Corporate Social Responsibility Department, finally, tracks changes in external references (for example international agreements), with an eye to, among other things, possible Company activities in other countries in the future.