2.4. Compliance

Compliance is an integral part of the corporate governance system of Unipro PJSC. The Company values its business reputation and corporate culture, which has lined up for many years, and operates exclusively within the framework of applicable law, in accordance with the principles of good business conduct, high standards of business ethics and professional conduct.

The effectiveness of the compliance system is based on the personal responsibility of each employee. That is why, each employee of Unipro PJSC, regardless of the position, shall follow the rules of the Code of Corporate Conduct. It is a fundamental document which sets out the established rules that are mandatory for all employees of the Company.

In 2018, a new version of the Code of Corporate Conduct was introduced: in addition to the key compliance principles, specific recommendations were developed in terms of employee behaviour on the most practical issues and frequently encountered situations.

After the publication of the new version of the Code for the staff of the Company, a training (e-learning) was held, which is scheduled to be repeated every two years, as well as when new staff members are recruited.

Unipro PJSC has a compliance risk management system: compliance risks are assessed for the Company’s activities, resulting in the creation of a risk map with the degree of probability of their materialisation and a set of measures to reduce them. Further, based on the results of these actions, a detailed risk assessment report is prepared with a list of practical measures and specific deadlines for their implementation.

In addition, with the participation of senior management of Unipro PJSC, a separate antitrust risk assessment is conducted on an annual basis. In 2018, employees of the Company were trained in the field of antitrust compliance.



Our activity

  • We avoid conflicts between personal and professional interests
  • We present and accept only relevant and reasonable gifts and hospitality signs
  • We comply with the laws and all applicable sanctions regimes, and also oppose money laundering and terrorist financing
  • We do not distribute insider information
  • We follow the rules of healthy competition
  • We protect our assets and use them wisely
  • We keep records and provide accurate and understandable data about business transactions
  • We act on behalf of the Company only with the appropriate authority

Our employees

  • We respect each other
  • We ensure safe working conditions

Our social obligations

  • We respect human rights
  • We care about the environment
  • We support the development of regions

Settlement agreement between Unipro PJSC and the Federal Antimonopoly Service (FAS) on the case of Berezovskaya GRES

In June 2017, the FAS filed a case (for violation of the law on protection of competition) due to the capacity supply from Berezovskaya GRES for RUB 950 mln: after the accident in the boiler room of Power Unit No. 3 in February 2016, Unipro PJSC stopped its operation, but in accordance with the rules in force continued to receive payment from consumers until November 2016. In February 2018, the FAS adopted a decision in which it concluded that UniPro PJSC and the System operator had violated the law on protection of competition.

On 28 March 2018, Unipro PJSC filed a lawsuit in the Moscow Arbitration Court asking it to cancel and falsify the decision of the FAS. The claim of Unipro PJSC was parallel to the similar claim of the System Operator.

On 18 December 2018, the FAS recognised the right of Unipro PJSC to collect payment from consumers for the capacity of Power Unit No. 3 of Berezovskaya GRES. Besides, the FAS recognised that the antitrust case decision does not influence the relations of the parties to the Capacity Supply Agreement and stated absence of reasons to consider the equipment of Berezovskaya GRES ruined. These conclusions were reflected in the settlement agreement between the Company, the FAS and the System Operator confirmed by the court.

Elena Gabdulkhaeva, Director for Corporate Management, Legal and Property Issues:

“It was a very significant case not only for our Company, but also for the industry as a whole. The settlement agreement was concluded in the interests of all parties, which once again confirmed the regulator’s readiness to honestly consider all aspects of the case and make balanced decisions.”

Svetlana Shamray

Leading Specialist of High-Security Group, Berezovskaya GRES

What helps me to work well is the respect I have towards my colleagues and my passion for Berezovskaya GRES which has a history that is part of my own life story.

I joined the Long-Term Development Division of Berezovskaya GRES back in 1993 after graduating from the Krasnoyarsk Polytechnical Institute. When the project to further expand the power plant was put on hold, I moved to the Mobilisation Management Division and have been communicating with the Sharypovo Military Registration and Enlistment Office ever since.

My current position involves responsibilities such as facilitating military registration at the facility, which applies to over 500 employees at Berezovskaya GRES. We keep track of any changes and update data in our special data file, cross-check this data with data from the Military Registration and Enlistment Office, keep our employees and officers up to date on military conscription laws, and do a variety of other significant tasks in close liaison with the Military Registration and Enlistment Office.

Thanks to our joint effort, Berezovskaya GRES came second in a highly respected contest which reviews the best military registration practices among companies in the Krasnoyarsk Territory. The contest was scheduled to coincide with the celebration of the 100th anniversary of Russia’s military registration and enlistment offices.

One of the main principles for responsible business practices of Unipro PJSC is counteraction to corruption. The company recognises and monitors compliance with local regulatory acts on corruption, and also implements a number of additional measures in terms of countering involvement in corruption activities. In particular, Unipro PJSC has organised a hotline for informing on any facts or prerequisites for the occurrence of a corruption situation, which is available to both the Company’s employees and its partners.

In 2019, Unipro PJSC plans to adopt a number of additional regulatory documents governing anti-corruption processes, to conduct separate training and consulting for the Company’s employees on compliance with anti-corruption requirements.