Energinet’s activities take place within a framework that is shaped by regulatory requirements, the Danish recommendations for corporate governance, and Energinet’s own core principles.
Energinet’s stakeholder forum submits opinions to Energinet’s management regarding the company’s overall strategy and agenda. The Danish minister of Energy, Utilities and Climate appoints the members of the advisory forum to represent a wide range of Energinet’s stakeholders.
As stated in the Danish Financial Statements Act, Energinet must follow the same rules and regulations for financial statements and corporate governance that apply to limited liability corporations owned by the state.
Energinet has published a document that lists the Danish recommendations for corporate governance adopted by Energinet as well as a description of those that do not apply to Energinet and why.
Energinet has approved a number of guidelines to ensure a corporate culture of accountability (the documents are only available in danish):
Articles of Association
Code of ethics
Energinet’s whistleblowing scheme empowers employees and other parties with ties to Energinet to freely report irregularities or violations of rules and regulations. Our whistleblowing scheme protects the anonymity of the reporting party and our whistleblowing portal provides access to post suspicions anonymously.
For additional information about how and what to report, please visit Energinet’s whistleblowing portal.
Facts about Asset Management
Asset management is a methodology designed for companies that are highly dependent on their assets, for example infrastructure companies like airports, energy companies, transport companies etc.
The ISO 55001 standard defines Asset Management as “the systematic and coordinated activities through which an organisation controls its assets, systems, results, risks and costs in an optimum and sustainable way through the entire lifecycle of the assets for the purpose of systematically realising the strategic objectives and plans of the enterprise.”