Italgas combats all forms of corruption, in the broadest context of business ethics. The aim of the fight against corruption is both to avoid sanctions and repercussions on business and to protect the company’s reputation.
Italgas combats corruption on a national and international level, in relations both with public officials and with private individuals. The Anti-corruption procedure forms an integral part of a broader business ethics control system aimed at ensuring compliance with the national and international Anti-corruption laws, including the UK Bribery Act, and with the best international standards. This was done not only to avoid major sanctions and repercussions on business but also to protect the reputation of Italgas.
X° Global Compact principle
The Anti-corruption procedure is also adopted in observance of the tenth principle of the Global Compact, an international project launched in 2000 by the United Nations to support ten universal principles on human rights, labour, the environment and the fight against corruption. The Global Compact brings together governments, businesses, agencies of the United Nations, work and civil society organizations, with a view to contributing to the creation of a “more inclusive and sustainable global economy” by adding the respect and application of shared values to it.
The adoption and implementation of the Anti-corruption procedure by the Boards of Directors is obligatory for Italgas and its subsidiaries. The Anti-corruption procedure comprises relations with public officials and private individuals.
The Anti-corruption procedure
The purpose of the Anti-corruption procedure is to provide a comprehensive reference framework for the Anti-corruption regulatory instruments present at Italgas, based on the principles of conduct laid down in the Code of Ethics and making a clear distinction between what is allowed and what is not allowed.
The Anti-corruption procedure:
- prohibits every form of corruption towards public officials and private individuals;
- imposes particular attention in the supplier selection and qualification processes, the awarding of contracts, the management of contracts, the standard protective clauses, including those of commitment to respect the Anti-corruption laws and to check the ethical requirements of suppliers;
- establishes that all relations of the Italgas group with, towards or that involve a public official must be conducted in compliance with the provisions laid down in the procedure.
Italgas employees must be informed of the applicable Anti-corruption laws and the importance of respecting these laws and the company’s procedures. In fact, they must be fully aware of the crimes, risks, personal responsibilities and administrative liabilities for the companies in the group, the actions to be taken to combat corruption and the sanctions applied for violations of laws and the Anti-corruption procedures (both for individuals and for Italgas).