Prysmian Group – 2015 Sustainability Report
Group ID Card
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Code of Ethics
"The Code of Ethics represents the Group's "Constitution", being the charter of rights and moral
duties that defines the ethical-social responsibilities of each participant in the organisation"
The structure of the Prysmian Group's Code of Ethics rests on three pillars:
• Ethics in business activities: the profit motive does not justify improper behaviour. Profit must be
achieved by respect for the rules and competitors, and by fair and transparent actions that anticipate
and meet market needs, thus generating value for distribution to all stakeholders.
• Ethics in internal relations: the Group is aware of the importance of our ties with employees, which are
strengthened by respecting their rights, expectations and needs, and by facilitating improvement in
their living conditions and professional growth. The individual is central to all activities, as the engine
for future development.
• Ethics in environmental and social matters: given our strong belief in the principle of sustainable
development, the Prysmian Group operates worldwide with respect for the environment and local
communities; at the same time, we encourage the responsible use of resources and promote local
projects designed to enhance well-being in the areas concerned.
All companies within the Prysmian Group agree to comply strictly with the Code of Ethics, applicable
regulations and the rules and procedures adopted from time to time by the Group. In order to ensure the
widest possible distribution of its contents, the Code of Ethics - available in the 26 languages used by the
Group - is also published on the Company's website,
www.prysmiangroup.com .Anti-corruption policy
With a view to managing corruption-related matters, Prysmian has adopted an Anti-Bribery Policy that
prohibits the corruption of public officials and private individuals, requiring Prysmian employees to comply
with the policy and, if more restrictive, to observe and respect all the anti-corruption legislation in force in the
countries in which they work or are active.
Under this policy, no employee may make, promise to make, offer or approve the payment of anything of
value, whether directly or indirectly, for the benefit of public officials, unless in compliance with all current
laws and to the extent expressly allowed by Group Policy.
In particular, the term "public officials" means the employees of a public agency or company controlled by the
government, including commercial entities, or international public organisations, political parties or party
officials or candidates for public office.
Specific actions to prevent corrupt practices within the Group include:
• Mandatory due diligence to be performed during the agent selection process (before signing the
contract) and updated every 3 years, in accordance with Group policy.
• Supply of periodic information from each area to the Supervisory Body, pursuant to Decree
231/2001. These areas comprise:
o
New Prysmian agents
o
The results of due diligence