D'Amico International Shipping SA

Lobbying Governance

AI Extracted Evidence Snippet Source

The Group introduced a new Anti-corruption Policy in 2019 which particularly focuses on the concept of hospitality and gifts that must be acceptable and proportionate (and in no case shall consist of sums of money) and on lobbying activities that must be based on criteria of legitimacy, fairness and transparency. For the purposes of this Policy, there is no difference between the corruption of a public official and the corruption of a private party. The Policy applies to all d'Amico personnel with any type of employment contract, in any company or legal entity of the Group, and in general, to whoever acts in the name, on behalf or in the interest of the Group and holds business and professional relations with it (the "Policy Recipients"). All Policy Recipients are responsible for preventing, identifying and reporting any acts of corruption and they are required to avoid any activity that may lead to or suggest a violation of this policy. [...] Compliance with the Anti-corruption Policy is verified through various methods, including but not limited to, active monitoring of the expense reimbursement and gift tracking systems, internal and external audits, and self-assessment reports of potential violations.

https://en.damicoship.com/media/9873/damico-group-2022-sustainability-report.pdf