The NextEra Energy Board of Directors discharges its risk oversight responsibilities primarily through its committees, each of which reports its activities to the Board. The Board committees meet periodically with the Company’s senior management team to review the Company’s risk management practices and key findings.
Further, NextEra Energy’s chief executive officer serves as the company’s chief risk officer. In that capacity, the chief executive officer, together with other members of the company’s senior management team, oversees the execution and monitoring of the company’s risk management policies and procedures. NextEra Energy’s management maintains a number of risk oversight committees that assess operational and financial risks throughout the company. NextEra Energy also has a Corporate Risk Management Committee, composed of senior executives, that assesses the company’s strategic risks and the strategies employed to mitigate those risks.
Underscoring all of our business practices at NextEra Energy are three simple core values:
Integrity and ethical behavior are at the very foundation of who we are, what we do and how we do it. We expect all representatives of our company and our subsidiaries to act with the highest standards of personal and professional integrity, and to comply with all applicable laws, regulations and company policies. This is the reason we have three codes of business conduct that embody these values and ensure they are upheld.
These three codes are a manifestation of our corporate values and encompass everyone who works for us either directly or indirectly, or represents us.