Our approach to ethics
Angelini S.p.A. believes it is necessary to guarantee, promote and consolidate a culture distinguished by correctness, integrity and transparency when conducting its activities and in respect of all its stakeholders.
Angelini S.p.A. operates in compliance with legislations and regulations, and takes actions to ensure that its entire organisation is committed in this regard. All employees are required to act with integrity in all the aspects of their work, and to expect the same from whoever they interact with inside and outside the organisation.
The ethical standards of Angelini S.p.A. demand that we do what is morally correct and responsible when conducting our business, without comprising the moral principles of honesty, legality and compliance, loyalty, reliability, mutual respect and dignity and transparency.
Two important documents adopted by Angelini S.p.A. relate to these basic principles: The Organisation, Management and Control Model, and the Code of Ethics and Conduct.
Organisation, Management and Control Model
Angelini S.p.A. has adopted and effectively implemented an “Organisation, Management and Control Model”.
The Model was prepared on the basis of Italian Legislative Decree 231/2001, the guidelines issued in this regard by sector associations and specific initiatives already implemented by the Group in the scope of its internal audit and risk management systems.
The Model sets out the procedural directives that need to be followed at all decision-making and operational stages of business processes, to ensure these functions properly and that management and the Group’s corporate image are trustworthy.
Code of Ethics and Conduct
Angelini S.p.A. has a “Code of Ethics and Conduct” to complement the Organisation, Management and Control Model, of which it is an integral part.
The series of ethical principles and values stipulated in the Code must distinguish the activities of everyone working at Angelini S.p.A., bearing in mind the importance of their roles, the complexity of their functions and the responsibilities entrusted to them in order to achieve the Group’s objectives.