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Our company is dedicated to honesty, integrity, and fairness in conducting its business. We will achieve company objectives while complying with laws and regulations and adhering to generally accepted business standards.
The Code of Ethics provides overall guidance in upholding our ethical and legal responsibilities and is supported by the more detailed guidance provided in the company's policies, practices, and procedures manuals. Covering the endless variety of situations with a single Code of Ethics is impossible; thus, employees must accept personal responsibility for exercising appropriate behavior and maintaining high ethical standards. Employees are also responsible for acquiring sufficient knowledge of the laws and regulations impacting their work responsibilities to meet the standards set forth in this Code of Ethics.
The Code of Ethics and the related policies, practices, and procedures are not intended as a contractual commitment or obligation of Progress Energy to its employees. The company reserves the right to modify, amend or rescind any provision in this Code of Ethics or any policy, practice or procedure.
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