Red Eléctrica, in the Transparency, Good Governance and Integrity Cluster of Forética

The Company is one of the 42 Spanish companies that make up this cluster, a platform of companies that aims to serve as a business meeting point in leadership, knowledge exchange and dialogue on this matter.

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With regard to this Cluster on Transparency, Good Governance and Integrity, of which Red Eléctrica is a member, Forética explained that "forming part of the Cluster involves having a reporting infrastructure, good governance or a crime prevention system; publishing the performance results regarding transparency, good governance and integrity, at least yearly; and the appointment of a fixed interlocutor at management level and/or a person responsible for sustainability, compliance or investor relations".

At the first meeting, held on 6 October, the 42 member companies were presented and the results of the annual report of the National Stock Exchange Commission (CNMV) were analysed; said report details the level of compliance of listed companies with the Spanish Code of Good Governance.

This Cluster seeks to transfer the main trends and discussions worldwide on transparency, good governance and integrity from a business perspective to the Spanish context, contribute to the generation of knowledge, collaborate with public administrations and opinion leaders and develop a position of leadership as a Spanish point of reference in this field.