SUSTAINABILITY AT MAIRE TECNIMONT
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1.10 ETHICS AND COMPLIANCE Maire Tecnimont, in building the Group’s identity, has adopted specific ethical values and principles that guide the day-to-day activities of all Group employees.
GROUP’S VALUES
ETHICAL PRINCIPLES OF MAIRE TECNIMONT GROUP INNOVATION
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MERIT AND EQUAL OPPORTUNITIES
RESPONSIBILITY TOWARDS THE COMMUNITY
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RESILIENCE AND FAIRNESS
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5 RESPECT AND SUSTAINABILITY
The Maire Tecnimont Group considers it essential to conduct business in full compliance with the law, regulations, statutory provisions and with the principles of ethical integrity and fairness. Maire Tecnimont has set out these values and principles in the Group Code of Ethics17 and in its corporate standards and procedures. The Group Code of Ethics applies to the Board of Directors, Auditors, all employees and external personnel (consultants, business partners, etc.), suppliers, sub-contractors, clients and any other parties who at any level come in contact with
INTEGRATION AND MULTICULTURALISM
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LEGALITY
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TRASPARENCY AND FAIRNESS
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LOYALTY
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RESPECT FOR INDIVIDUAL
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PROTECTION OF HEALTH AND SAFETY IN THE WORKPLACE
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PROTECTING THE ENVIRONMENT
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PROTECTION OF PHYSICAL SAFETY
MARKET FOCUS
Maire Tecnimont or act for and on its behalf18. It must be adopted by all Maire Tecnimont Group subsidiaries in Italy and abroad, to ensure that the conduct of business and the management of company operations is ethical and meets high standards of integrity at all times, in every location. The Board of Directors of Maire Tecnimont S.p.A. has adopted its own 231 Model, which is updated from time to time to reflect regulatory developments and organizational and corporate changes, thus meeting the need for fairness and transparency in the conduct of its business and management of its
activities. The Board of Directors has therefore appointed a 231 Supervisory Body with autonomous powers of initiative and control. The Italian sister companies directly controlled and fully-owned by Maire Tecnimont S.p.A. also have their own 231 Model and 231 Supervisory Body. Aside from the Group Code of Ethics, the 231 Model establishes a set of rules and principles of control and conduct to be adopted and implemented in order to mitigate the risk of committing the offences referred to in Italian Legislative Decree 231/2001, including
17 The Group Code of Ethics is a single document for the whole Maire Tecnimont Group. It is available in Italian and English and is published in the “Governance” section of the website www.mairetecnimont.it. All the companies directly or indirectly controlled by Maire Tecnimont, in Italy and abroad, are required to adopt it and to comply with its contents. 18 The recipients of the Group Code of Ethics will hereafter be referred to as “Interested Parties”. 46
CREATING VALUE
