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Toronto Hydro CR Report 2016

INTRODUCTION MATERIALITY AND STAKEHOLDER ENGAGEMENT OUR CITY OUR OUR PEOPLE ENVIRONMENT GLOSSARY AT A GLANCE Management approach to anti-corruption Corresponds with Toronto Hydro’s Material Issue Hazardous Waste and Spills Management; Waste, Bi-products and Recycling Toronto Hydro’s Code of Conduct and Whistleblower Procedure provides direction to directors, officers and employees on how to conduct operations, with the highest standards of integrity, honesty and professionalism to meet legal obligations in addition to responsibility to society, customers and colleagues. The Code identifies areas of potential conflict including personal outside business interests, political activity, and the acceptance of gifts, relations with suppliers and customers, and property transactions. The Code provides guidance on when such conflicts may exist, provides advice regarding potential conflicts and establishes reporting mechanisms for conflicts, including an anonymous reporting hotline to the Chief Ethics Officer. The Code establishes principles to help employees make ethical business decisions and requires all employees to act in accordance with both the letter and the spirit of all laws and regulations applicable to the conduct of Toronto Hydro’s business. Employees are expected to be sufficiently familiar, and act in accordance, with any laws that apply to their work, to recognize potential liabilities, and to know when to seek legal advice. If in doubt, the Code requires that they promptly seek clarification from Toronto Hydro’s General Counsel. Employees must never commit or condone an illegal or improper act relating to Toronto Hydro’s affairs, or instruct another employee, business partner or contractor to do so. All consultants, suppliers and contractors, including contractors responsible for waste management and spill response, are to be made aware of the content of this Code. Each consultant, supplier and contractor shall either be provided with a copy of the Code or referred to the dedicated page on Toronto Hydro’s website (torontohydro.com) each time an agreement to provide goods or services is executed, or upon any change to the Code. Anti-corruption training In mid-2014, a detailed online training module was developed and implemented to assist employees in understanding the Code and issues surrounding corruption and conflicts of interest. By the end of 2016, all employees completed the anti-corruption training, with new employees required to complete the training. OUR PEOPLE I TORONTO HYDRO 65 G4-DMA G4-SO4


Toronto Hydro CR Report 2016
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