Corporate Governance

Codes and Principles

The Code of Ethics and Conduct

The Code of Ethics and Conduct is ideally located upstream of the entire corporate governance system and represents our charter of values, establishing, in programmatic terms, the set of principles on which our action for the conduct of ethically oriented, i.e. transparent, correct and fair business is based.

The Code of Ethics and Conduct sets out, in particular, the basic values of the company’s activities with respect to its beneficiaries: the members of the corporate bodies, the management, the employees of the Company. Moreover, compliance with the Code of Ethics and Conduct must also be guaranteed by external collaborators and, where envisaged in the company procedural system, by third parties that do business with the Company.

Like all the Company’s governance tools, the Code of Ethics and Conduct is also constantly examined and compared with changes in legislation and operating and market practices; on March 4, 2021, the Board of Directors adopted the Company’s new Code of Ethics and Conduct.

Download the Code of Ethics


Principles of Self-Discipline

The Company complies with the Corporate Governance Code of Borsa Italiana. The Board of Directors on 13 may 2021 updated the Principles of self-discipline, which supplement the applicable rules with reference to the duties and operation of the Company bodies, referring for the rest to the principles and criteria of the Corporate Governance Code of Borsa Italiana.

Download the Principles of Self-Discipline