Governance

To manage sustainability issues, the Chief Executive Officer periodically interfaces with the ESG Function, which supports the integration of ESG issues into the business strategy. In 2022, to support top management in the pursuit of ESG objectives more effectively, the Group set up a new body: the Sustainability Committee, which acts as a link between the Board of Directors and the functions in charge of implementing the various projects. The committee has a proactive and advisory role, acting as a support to the Board of Directors in evaluating and deciding on ESG issues.

The supervision of the Group’s internal activities is ensured by the adoption and updating of a series of management systems certifications, especially on the following issues: quality (ISO 9001), environment (ISO 14001), health and safety (ISO 45001), information security (ISO 27001), and energy (ISO 50001, covering the Arcugnano site). The constant effectiveness of the management systems is ensured by the implementation of both internal and external audits.

The Group has adopted an integrated risk management system to identify, analyse, assess, and monitor real and potential risks, as well as to catch any possible opportunity in the short, medium, and long term. The Risk Management function is in charge to integrate risk management into the company business.

The ethical values and principles that guide our Company are part of a heritage shared at all levels of the organisation and are founded on moral integrity, personal honesty and fairness in relationships between people.

Here at Pietro Fiorentini, every person is evaluated solely for the added value they offer. Growth opportunities are reserved for all people equally, with targeted and personalised training pathways depending on requirements. Experience, skills, and results are the only parameters that determine salaries.

The Company is engaged in initiatives aimed to prevent and combat corruption crimes, based on the provisions of the Code of Conduct and coherently with the provisions of Model 231.

Management, organization and control model under Italian legislative decree n. 231/2001

The Italian Legislative Decree No. 231 of 8 June 2001 (“Decree”) introduced in the Italian legal framework the rules concerning the administrative liability of the Entities (legal persons or other associations even without legal personality) for given types of crimes, explicitly mentioned in the decree, committed in their interest or to their advantage by natural persons carrying out representative, administrative, executive, managerial or supervisory functions in the involved entity or being subject to the supervision or direction of the same.

Pietro Fiorentini S.p.A. adopted its management, organization and control model (“Model”), in order to establish a well-structured and consistent system of guidelines, operating procedures and control activities intended for all those acting in the name and on behalf of the company or individuals who have relationships of cooperation with the Company outside of salaried employment, whether long-term or occasional (“Recipients”). The aim was to have these people behave in a proper and clear manner in the execution of their tasks, in order to prevent the commission of the types of crimes mentioned in the decree.

Control and involvement activities on ethics and integrity issues are targeted not only at external stakeholders, but also at Group employees. With the aim of increasing the awareness and sensitivity of all employees on anti-corruption and compliance issues, 770 people were trained in 2022.

The Model allows all parties who become aware of information relating to the commission of crimes or circumstances and/or conduct that is not in compliance with the rules of Code of Ethics as well as the principles of conduct and executive procedures for conducting Sensitive Activities regulated in the Model, to make spontaneous reports to the Supervisory Body. These reports may be sent, preferably by means of the form Reports to the Supervisory Body, by

Regular mail to:
Organismo di Vigilanza (Supervisory Body) di Pietro Fiorentini S.p.A.
Via E. Fermi, 8/10 – 36057 Arcugnano (VI) Italy

E-mail to: [email protected]
(For sales/commercial enquiries, please use this form)

Report box “Organismo di Vigilanza (Supervisory Body)” set up at the various production areas and offices of the local Fiorentini facilities/units.
Reports may also be made anonymously.

Organization, management and control model (ENG) (FRA)

Name for the Supervisory Body (ENG)

Reporting to the Supervisory Body (ENG)

Certification SA8000

In 2023 Pietro Fiorentini started its path to obtain SA (Social Accountability) 8000:2014 certification, an international standard that responds to the needs of organisations that want to distinguish themselves for their commitment to sustainable development, with particular attention to social issues and the welfare of workers.

The social accountability system implemented by Pietro Fiorentini envisages the possibility for all stakeholders outside the organisation to report problems or submit suggestions for improvement. The methods of submission are as follows:

• Regular mail to the following address: Via Enrico Fermi, 8/10 – 36057 Arcugnano (VI)
• Email to the following address: [email protected]

Should the interested party not feel suitably represented and protected by the figures envisaged by the Social Accountability Management System, he/she may directly contact in written form:

• the certification body Bureau Veritas Italia S.p.A. – Certification Division, CSR Responsible Attention – at the address Viale Monza, 347 – 20126 Milan or at the email address [email protected]
• the accreditation body SAAS (Social Accountability Accreditation Service) at 15 West 44th Street, 6th Floor – New York, NY 10036 – Tel: +1 (212) 391-2106 Fax: +1 (212) 684-1515 – E-mail [email protected]

Report and complaint form (ENG)