With the entry into force of Legislative Decree no. 231/01 (hereafter also referred to as “Decree”), as subsequently amended and supplemented, a specific regime has been introduced according to which companies are held liable in the case of commission of the crimes indicated in the Decree. Elemaster and the Group companies incorporated and existing under the laws of Italy have taken measures to avoid, according to the Decree’s provisions, liability on their part through the implementation of specific supervision activities intended to prevent those crimes that may be committed by directors, statutory auditors, employees, and partners with whom Elemaster or the Group companies incorporated and existing under the laws of Italy have contractual relationships (for any reason, including occasional and/or temporary relationships) or other relationships of any nature with or without consideration (hereafter, also “Addressees”).
In order to ensure that all those who operate on behalf or in the interests of the Company shall act at any time in accordance with the rules, regulations, and principles of fairness and transparency in company business and activities, Elemaster has adopted an Organization Model in line with the Decree’s provisions and on the basis of the Guidelines issued by Confindustria and has appointed its Supervisory Body (Organismo di Vigilanza). Italian subsidiaries too have adopted their own Model and have appointed their respective Supervisory Bodies.
Elemaster Group has adopted a set of organisational and procedural measures aimed at minimising risks, through the correct performance of business activities according to internal procedures and in observance of the principles expressed in the Code of Ethics.