2017 Sustainability Overview | Prysmian Group

33 Ethics in internal relations sets the principle that the Group is aware of the importance of its 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. Last but not least, Ethics in environmental and social matters. Given its strong belief in the principle of sustainable development, Prysmian Group operates worldwide with respect for the environment and local communities. At the same time, the company encourages the responsible use of resources and promotes local projects designed to enhance well-being in the areas concerned. "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 GROUP’S FOUNDING CHARTER 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 is available in the 26 languages used by the Group. Fair ant transparent behaviour Individuals are central The first pillar means that the legitimate pursue of profit does not justify improper behaviour, as 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. Promoting well being The structure of the Prysmian Group’s Code of Ethics is constantly evolving and in its latest version of March 2017, is founded on three pillars: Ethics in business activities, Ethics in internal relations and Ethics in environmental and social matters.