Business Ethics
Business ethics permeates all our activities. Our value system, expressed to the full in the Code of Ethics, guides the conduct and management of the company in compliance with the principles of correctness and transparency, taking into consideration sustainability and corporate responsibility.
Business ethics represents a fundamental principle of our operations, also considering the strategic importance of the sector we operate in and the widespread nature of our activities across the country.
The ethical-reputational side, which we put before specific business needs, guides the definition of our strategic and operating choices, and represents a lever to ensure sustainable growth over the long term, at the same time ensuring the results expected by shareholders and sharing the value generated with all our stakeholders, also in environmental and social terms. In fact, one of the key factors of the Group’s reputation is its ability to conduct its business with fairness, propriety, transparency, honesty and integrity, in compliance with laws, regulations and international standards.
Adherence to the Code of Ethics and the ethical standards required to carry out the business guides the management choices of our Board of Directors, the behaviour of our people and relations with our suppliers.
The Code of Ethics is an integral and irrevocable part of the Organisation and Control Model pursuant to Legislative Decree 231/2001, which ensures the prevention of offences by directors or employees to benefit the company.

Tax Strategy and Tax Control Framework
The Fiscal Strategy has the objective of guaranteeing the correct determination and payment of the taxes due by law and overseeing the fiscal risk, understood as the risk of incurring in the violation of tax regulations or of operating in contrast with the principles or with the aims of the tax system.