We are driven by our value "We Are People of Character," which means we do what is right, we honor our commitments and we are accountable for what we do. To support this, we maintain a comprehensive ethics and compliance program that adapts to evolving risks and guides our purpose to transform our future. Constellation's Ethics and Compliance Office and business unit compliance departments oversee our adherence to regulatory obligations and conduct various annual risk assessments of compliance risks across our company.
Constellation’s Code of Business Conduct (Code) applies to all employees, directors, officers, subsidiaries and third parties with which we do business, as applicable, and describes many of our legal and ethical obligations. The Code outlines our core values and covers a variety of topics, such as conflicts of interest, respectful workplace conduct, safety, protecting company assets and confidential information, bribery and corruption, political contributions, and competing with integrity. We also maintain policies against discrimination, harassment and retaliation, and sexual harassment.
All new employees are required to attest to the Code, and all employees receive annual Code training. Additionally, all non-represented employees and Board members are required to complete a certification of compliance questionnaire annually to disclose potential conflicts of interest and certify their understanding of the Code.
We are committed to our communities, the environment, and the highest ethical standards.
An Independent Board
Members have expertise in risk management, safety, cybersecurity and financial disclosure. The board oversees governance of strategy and opportunities, and forms committees with the responsibility to oversee compliance and risk management.
Ethics and Compliance (Strong Policies, Controls and Oversight)
Areas of focus include corporate contributions and political activity; awareness of and adherence to fraud, corruption and bribery laws; our code of business conduct; and cybersecurity and data protection.
Compliance in the Customer-Facing Business
Constellation maintains an independent compliance function dedicated to the customer business, which has governance and oversight responsibility for developing policies, monitoring and training.
Robust Risk Management
We are committed to maintaining a strong balance sheet and investment-grade credit rating. This is achieved through the disciplined execution of strategic, financial and operational imperatives in tandem with the effective identification and management of business risks. Constellation also has measures in place to protect the company from undue financial risk and manage increasingly volatile market events.
To report an ethics concern, please visit the Constellation Ethics Help Line.