Code of ethics

The Code of Ethics clarifies the commitments and responsibilities that should guide the Company’s business and activities, requiring compliance by anyone involved in any way with Ansaldo STS.

The Code of Ethics, which is available on the Company’s website6, is a key element of the internal control system. Compliance with the Code of Ethics enables Ansaldo STS and Group companies to prevent certain irregularities or illegal acts which are prohibited by the regulations of the various countries where Ansaldo STS operates. In Italy, Legislative Decree no. 231/01 is of particular note.

The Code of Ethics was formally adopted by Group companies by resolution of the respective Boards of Directors or equivalent management bodies. It was shared with all Group personnel using the same methods as those applied by the Parent Company Ansaldo STS S.p.A.

In addition, a Code of Ethics control body was set up within each Group company to promote the implementation of the Code of Ethics. A special information channel for the Code of Ethics was also created, and can be used to report any conduct that is inconsistent with the principles of the Code of Ethics by sending an email. The reports are sent and managed in accordance with a Group procedure.

In 2017, the Code of Ethics control body did not receive any reports of violations of the code relating to Ansaldo STS S.p.A. or other companies belonging to the ASTS Group.

Training on the Code of Ethics

Ansaldo STS relentlessly promotes and fosters awareness of the Code of Ethics and the related protocols and updates, as well as knowledge of the areas of activities in the various functions with responsibilities, hierarchical relationships, duties and training. It informs employees on the Code of Ethics and the related protocols first by distributing specific documentation to all employees and workers collaborating with the Company in any way, and requires, when the material is delivered, that they sign a statement certifying that they have read the documentation received.

In addition, company personnel can, at any time, ask supervisors for guidance and clarifications on the content of the Code of Ethics, protocols and duties assigned to them. When new employees are hired and/or contracted, Ansaldo STS immediately gives them the information necessary to gain an adequate understanding of the Code of Ethics and protocols, with particular respect to those that concern them specifically.
 

6 http://www.ansaldo-sts.com/en/governance/governance-system/code-ethics