Group ethics definition
PRINCIPLE 5: Each Group Company is provided with a structure that aims at ensuring sound and prudent management, risk containment and financially stability, by regularly controlling and assessing the appropriateness and effectiveness of the requirements provided for by applicable legislation and by taking prompt and suitable measures to address any possible deficiencies.
The aforementioned conduct is not permitted, whether assumed directly by the Companies, their bodies or employees, or assumed through intermediaries that act on behalf of the Company itself: consultants, continuative and coordinated consultants, agents, attorneys and third parties.
The Group respects the environment as a resource that must be protected, for the benefit of the community and of future generations. The Group condemns, therefore, the establishment of relations with subjects whose behaviour is not based upon principles of ascertained lawful and ethical conduct.
Poltrona Frau pursues excellence and quality in its products through continuous research and innovation, while remaining faithful to a design that also reflects Italian style and tradition.
Therefore, in line with the defined procedures, it promptly provides its shareholders with all the information that may influence investment decisions so as to allow informed and conscious decisions to be taken. Information and reporting: The corporate bodies and their members, employees, consultants and continuative and coordinated collaborators, agents, attorneys and third parties acting on behalf of each Company shall be informed about the Code of Ethics.
Respect for Basic Rights The Group shall respect basic rights of a human being in all areas of its operations and abide by international standards on basic rights.
The corporate bodies and employees of each Group Company must comply with the laws and regulations in force in the Countries where the Company operates.
based on 111 review