Integrity and transparency in business conduct
For Brembo a correct management of company’s activities means keeping a transparent, ethical and compliant conduct, under all aspects. This means not only observing the current laws and regulations, but also considering the expectations and aspirations of the various stakeholders.
In order to promote a Group’s prevention policy, Brembo has implemented an integrated global compliance system, adopting a system of tools which apply to the entire Group (Brembo Corporate and Compliance Tools) designed to ensure a high ethical standard. The Code of Ethics is the mainstay of this system, but the Code must be read and interpreted together with the documents considered essential for the development and dissemination of the Group’s core values. These include the Anti-bribery Code of Conduct, the Code of Basic Working Conditions, Brembo’s Policy on Non discrimination and Diversity and other codes of conduct, policies, procedures, guidelines and organisational provisions existing today. These documents meet the requirements of Legislative Decree No. 254/2016, which requires information to be provided on the policies implemented by the business for managing the impact of its activity in non-financial environments.
In order to ensure compliance with the principles of conduct, Brembo has issued the Whistleblowing Procedure, the purpose of which is to notify to the Supervisory Committee reports of violations and irregularities in its codes, guaranteeing the confidentiality and anonymity of the person making the report.