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Relationships with our suppliers are about more than just contract management. We consider them strategic partners in the process of integrating skills and knowledge aimed at improving management, competitiveness and productivity. In order to strengthen these relationships and drive the achievement of objectives, we have practices in place in which we promote corporate growth.

  • Procurement news 
    Procurement news

    Regulations

    We have established agreements and policies for negotiating and procuring the goods and services that our Company needs, the rational and efficient management of these goods and services, and the adoption of business practices that promote mutually beneficial interactions with suppliers.

    General Terms of Procurement

    Cross-cutting statements and practices of all ISAGEN procurement processes to be adopted by all suppliers invited to submit bids and by all firms contracted, whose default shall be valid grounds for the unilateral termination of the contracts by our Company. The document includes anti-corruption practices, impediments to submit bids or enter into contracts, source of income, respect for human rights and environmental protection, labor protection, personal data processing, conflicts of interest, confidentiality, regulations for consortia and joint ventures, subcontractors, procedures for the registration of potential suppliers and invoices as securities, among others.

    Electronic Invoices

    In application of paragraph 1, Article 3, Decree 2242/2015, we inform our contractors that they must issue and send electronic invoices accompanied by their digital format to the following email address correspondencia@isagen.com.co. ISAGEN shall not accept any electronic invoices and their digital formats sent to a different email address.

    Supplier evaluation

    We evaluate our suppliers and contractors in order to create opportunities for improvement. As a result, we carry out evaluations throughout the contractual relationship on issues such as Minimum Sustainability Levels, and legal and reputational risks.

    Consistent with our Anti-Corruption, Anti-Fraud, Anti-Bribery, Environmental y de Human Rights policies, our commitment to respect the rights and freedoms of all workers in the value chain is extended to suppliers and contractors, and therefore all agreements and contracts include clauses that require compliance with these rights and freedoms, to ensure that contractual operations are conducted in a satisfactory manner.

    •  See PDF | Human Rights Policy
    •  See PDF | Statement of Ethical Behavior
    •  See PDF | Stakeholder Relations Policy
  • Practices with suppliers and contractors 

    Knowledge transfer opportunities

    We use these opportunities to promote collaborative work, the exchange of new knowledge, and the improvement of skills among our suppliers, for the benefit of their development and that of society.

    Talks and training

    Talks and training

    Offering dialogue sessions with our suppliers to focus mainly on the following topics:

    • Compliance with human rights.
    • Innovation as a key factor in companies.
    • Productivity and supply models.
     
    Contractor Development Program

    Contractor Development Program

    At ISAGEN, we develop programs and activities geared toward our contractors, focused on shared objectives that contribute to business management and the building of close, sustainable relations.

    Our Contractor Development Program is geared toward selected contractors that wish to voluntarily participate in the application of diagnostic tools allowing them to recognize their level of maturity as a company, identify opportunities for improvement and establish work plans in conjunction with expert consultants.

    We also encourage our contractors to participate in learning spaces, as well as global and local, public and private initiatives regarding market and Company issues.

     
    2018 Suppliers Meeting

    2018 Suppliers Meeting

    On September 21, at the Explora Park in Medellín, we had the opportunity to meet with 148 suppliers from small, medium and large enterprises from different sectors of the economy. It was a space conducive to strengthening relations, building closer relations and sharing information relevant to our partners’ managers.

    The topics addressed included Non-conventional Renewable Energy Sources; practices aimed at preventing and mitigating risks of bribery, corruption and fraud; as well as Occupational Safety and Health practices for People, Infrastructure and the Environment. In addition, the Peer Group Panel was developed with the participation of EPM, Grupo Nutresa, Intercolombia and ISAGEN representatives, who told us about their experience and results of this collaborative work initiative for the development and consolidation of their suppliers.

    The closing of the meeting consisted of a tour around the Aquarium, which allowed us to socialize about the topics discussed and enjoy the beautiful venues and the diversity of our country's fresh and seawater species.

 

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ALSO OF INTEREST

 
Management report

Management report

Every year, we share our management report which address the most relevant business aspects throughout the year.

 
Business Ethics

Business Ethics

Ethics is our core value: acting correctly and in good faith, being coherent in in what you think, say and do and favoring common good over personal interests; these attitudes translate into good results that, in turn, contributed to the sustainability of our Company and the society.

 
Occupational health and safety, people and infrastructure security, and environment

Occupational health and safety, people and infrastructure security, and environment

We engage in preventive occupational safety and health management in all our business activities, avoiding the occurrence of high-risk events and working emphasized on self-care, on developing healthy life habits and promoting personal commitment, with the aim of contributing to a safe work environment.

 
Business Ethics

Business Ethics

Ethics is our core value: acting correctly and in good faith, being coherent in in what you think, say and do and favoring common good over personal interests; these attitudes translate into good results that, in turn, contributed to the sustainability of our Company and the society.