SAES Getters SpA

Lobbying Governance

AI Extracted Evidence Snippet Source

The Group is committed to combating active and passive corruption through the application of policies, procedures and mechanisms for reporting potential irregularities or unlawful conduct and specific training activities on the topic of corruption. This issue also includes the Group's transparency in its relationships with political organisations. Furthermore, the topic covers the adoption of an Organisational, Management and Control Model (pursuant to Italian Legislative Decree 231/01) for SAES Getters S.p.A, a Code of Ethics, an Anti-Corruption Code, a Code of Business Conduct, a Supplier Code of Conduct as well as the adherence to national and international principles and guidelines, and the compliance with the laws in force and any specific regulations (e.g. anti-trust, monopoly, anti-competitive behaviour) where the Group operates or related to its business activities. [...] The Group has adopted an Anti-Corruption Code, a Code of Business Conduct and a Supplier Code of Conduct at Group level, promoted to its stakeholders in order to comply with applicable laws and regulations and to adhere to accepted best practices, as well as to promote the values of anti-corruption internally. Furthermore, the Group is attentive to principles such as business ethics and integrity thanks to the adoption of the Code of Ethics and, with reference to SAES Getters S.p.A., SAES Coated Films S.p.A. and Strumenti Scientifici CINEL S.r.l., of the Organisational, Management and Control Model adopted by SAES Getters S.p.A. (pursuant to Italian Legislative Decree 231/2001). [...] The Board of Directors (BoD) of SAES Group plays a central role in the corporate governance system, being vested with the broadest powers for the Group's ordinary and extraordinary management. The Board defines the Group's strategies in line with the pursuit of "sustainable success", in order to create long-term value for both shareholders and relevant stakeholders, as required by the Corporate Governance Code. [...] In compliance with the recommendations of the Corporate Governance Code, the Board of Directors has established internal committees with investigative, propositional and consultative functions regarding appointments, remuneration and control and risks. In addition, it has established a Related Party Transactions Committee. [...] The Audit, Risk and Sustainability Committee is an Internal Board Committee responsible for proposing the guidelines that can reduce and mitigate risks and providing opinions to the Board of Directors on risk management and identification. The Committee is also responsible for overseeing issues related to the correct application of accounting standards. Lastly, it is responsible for the supervision of sustainability issues related to the Group's activities. In particular, it is responsible for expressing opinions on the guidelines, initiatives and programmes regarding sustainability promoted by the Group; and it has the function of assessing the suitability of non-financial reporting to correctly represent the Group's business model, strategies, impact of activities and performance.

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