Code of Practice

ESB adheres to the Code of Practice for the Governance of State Bodies dated August 2016. We are required to adopt this Code of Practice in the conduct of our operations, and to confirm to the relevant Minister when this has been done.

The Code of Practice makes provision for all aspects of the Corporate Governance Framework, including:

  • Codes of conduct for directors and employees
  • The internal audit function
  • Procurement
  • Disposal of assets and access to assets by third parties
  • Establishment of subsidiaries and acquisitions by state bodies
  • Diversification
  • Investment appraisal
  • Remuneration and directors’ fees
  • Reporting arrangements
  • Strategic and corporate planning
  • Tax compliance

ESB Code of Ethics

At ESB, all our board members and staff adhere to a code of ethics which outlines our approach to responsible business behaviour.

The main premise of our codes is that everyone will strive to perform their duties in accordance with the highest standards of integrity, loyalty, fairness and confidentiality and that we will abide by all legal and regulatory requirements.

  • To read our ESB Staff Code of Ethics, Click here.
  • To read our ESB Board Members Code of Conduct 2020 Click here

ESB and Protected Disclosure Act 2014

On July 15, 2014, the Protected Disclosures Act 2014 came into effect. The Act aims to provide a comprehensive suite of employment and immunity protections to whistleblowers regarding possible wrongdoing in their workplace. In accordance with Section 22 of the Act ESB publishes a report each year in its Annual Report setting out the number of protected disclosures made to it during the preceding year and the action (if any) taken in response to those protected disclosures. You can access ESB’s annual reports here.