The complexity of the situations in which the Augustea Group operates, the challenges of sustainable development and the need to take into due consideration the interests of all legitimate stakeholders in the corporate business strengthen the importance to clearly define the values and responsibilities Augustea recognizes, accepts, agrees and assumes, helping to build a better future for all.
Aware of the significant role, for the size and importance of its activities, carried out in the market, as well as the economic development and welfare of the people working and collaborating with the Group and the communities in which it operates, Augustea based its corporate governance system on a set of articulated and coherent values, principles and rules of conduct that apply to both the internal organizational structure and the relations with third parties.
These values are set forth in the Code of Ethics, which transposes the evolution of the regulatory framework, includes issues relevant to human rights and sustainability and guarantees compliance with international best practices.
Everyone working or collaborating with Augustea – from the companies’ bodies and management downwards – is called up, within the scope of their own duties and responsibilities, to observe these principles and to ensure they are observed as crucial drivers for the efficiency, reliability and reputation of Augustea and therefore for the success of the Group and the improvement of the social context in which it operates.
The Code represents an inalienable general principle of Model 231, as well as a key element of the anti-corruption framework of which it is an integral part: the synergies between the Code of Ethics and the Model are underlined by the assignment to the Augustea – instituted with Model 231 – of the function of the Guarantor of the Code of Ethics, with the task of promoting and verifying its implementation.
Augustea Spa approved the Code in the Board's meeting held on December 14, 2009. In 2010 also Augustea Atlantica and Augustea Holding adopted the Code, by a Board's resolution dated April 26 and December 16 respectively.
The Code of Ethics applies to subsidiaries, both in Italy and abroadEach subsidiary assigns the function of Guarantor of the Code of Ethics to its own Oversight Board.
The representatives indicated by Augustea in the company bodies of other affiliates, consortia and joint ventures promote the principles and contents of the Code within their respective areas of responsibility.
Augustea Holding Spa through its structure checks compliance with the Code by providing adequate tools and procedures involving information, prevention and control, and by ensuring the transparency of operations and behaviors, adopting corrective actions where appropriate.
Augustea is committed to promoting awareness of the Code of Ethics by all recipients, whose constructive contribution to the principles and content is also encouraged.
Read the Code of Ethics.
