Code of Conduct - Indesit

Approved by the Board of Directors on the 25 th March 2010
1. Introduction
The philosophy of Indesit Group (meaning Indesit Company SpA and its subsidiaries) 1 has always been
based on a radical commitment to social and environmental responsibility which, bearing in mind the
level of internationality and dimensions reached, makes the role of the Group increasingly relevant to
the creation and spreading of wealth in the communities in which it is present.
Indesit Group is committed to creating and maintaining suitable conditions so that responsible social
behavior is adopted , improving each day and in each activity, to respond to the needs of all the
stakeholders and reward their trust.
To implement this commitment, an impartial, correct and transparent conduct is required of all those
who work within the Group, and all business relationships should be shaped by principles of integrity
and loyalty, avoiding all conflicts between personal interests and those of the company.
The Code of Conduct represents, in conjunction with the Group values 2 , a guide for those who work in
and for Indesit Group 3 regarding the necessary conduct for the carrying out of entrusted duties and
tasks, and is therefore a fundamental element of the system of internal control and, in particular, of the
organizational 4 and management models, in accordance with the Legislative Decree No. 231 of 2001.
Consistently with the above, Indesit Group guarantees:
that the code is accepted by Indesit Company SpA and by all its subsidiaries,
that the code is constantly and promptly updated,
a suitable plan of information and training in the Group, addressed to all, as well as an interpretive
aid in case of doubt,
the absence of any kind of retaliation towards those who blow the whistle on violations,
the use of fair sanctioning measures, proportionate to the seriousness of the violation and according
to the law and contracts,
the carrying out of specific periodical checks on the respect of the Code.
1 By Italian law, in particular Article 2359 of the Civil Code and Article 26 of Legislative Decree No. 127 of 9 th April
1991.
2 The Group values are: to be ‘respectful’, ‘ambitious’, ‘innovative’, ‘genuine’, and ‘in contact with others’.
3 The Code of Conduct applies to the ‘Persons’ of Indesit Group, to the ‘Collaborators’ and to the ‘Third parties’ as
defined and with the same limitations specified in the subsequent chapter.
4 The term ‘organisational model’ is the translation of the Italian term ‘modello organizzativo’, which is the
document formally approved by the Board of Directors by which Italian legal entities formalise all the steps they
have taken to prevent all the offences listed in D.Lgs 231/2001 from being committed.
2