Governance

Organizational Model

The Decree Law No. 231 of June 8, 2001 concerns the “Administrative liability of legal persons, companies and associations, including those without legal personality“.
Associations, including joint-stock companies, may be held liable in relation to certain crimes committed in their own interest or advantage by persons belonging to top management or by employees, collaborators and external consultants and third parties.
On April 26, 2017, the Board of Directors of the Gualtiero Corsi Srl (hereinafter “The Company”) approved its Model of organization, management and control pursuant to Decree Law no. n. 231/2001 (hereinafter “Model”) for meeting the conditions necessary for the exemption of the administrative liability of the Entity, in accordance with the provisions of Decree Law no. 231/2001.

Code of Ethics

The company has also adopted a Code of Ethics, which states that all business activities must be conducted in accordance with the law, in accordance with the principles of reliability, professionalism, integrity, honesty, fairness, respect and transparency, as well as respecting the interests of its external stakeholders.
These principles are the foundation of the Company’s commitment to ethical conduct without compromise, aimed at maintaining a strong and high reputation.

SB Structure

The Company has established, pursuant to art. 6 paragraph 1 Letter b) of the Decree Law n. 231/2001, its own Supervisory Board (SB), sitting as a united bench, with full and autonomous powers of initiative and control over the activities of the Company.
The Supervisory Body is responsible for monitoring the effectiveness, updating and compliance with the Model adopted by the Company and its constituent elements, with the aim of preventing offenses from which the administrative liability of the Entity may derive.

Communications to the SB

For the SB to fulfill its duties, the Company has established an information exchange system under which employees, as well as those who cooperate in pursuing the Company’s purposes, are required to promptly inform the Supervisory Body about any violation of the Model and its constituent elements, as well as to any other aspect potentially relevant for the application of Decree Law no.231/2001 (i.e. illegal or unethical actions).
All communications to the Supervisory Board (reports or periodic information flows) must be made using the appropriate e-mail address indicated at the side:

odv@gualtierocorsi.it

If the Model and Code of Ethics’s recipients will put in place behaviors in violation of the principles and the rules contained inside those ones,
they will incur in the disciplinary measures envisaged by the System of Sanctions 231, an integral part of the Model itself.