Annual Report on Corporate Governance (February ... - FIAT Industrial
Annual Report on Corporate Governance (February ... - FIAT Industrial
Annual Report on Corporate Governance (February ... - FIAT Industrial
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80<br />
ANNUAL REPORT<br />
ON CORPORATE<br />
GOVERNANCE<br />
CODE OF<br />
CONDUCT<br />
The Fiat <strong>Industrial</strong> Group aims to c<strong>on</strong>tribute positively to the future development of regulati<strong>on</strong>s and standards in the<br />
automotive industry and in all other sectors related to the mobility of people and goods. The Fiat <strong>Industrial</strong> Group is<br />
also committed to c<strong>on</strong>tributing to the technological advancement of society and to collaborating with public instituti<strong>on</strong>s,<br />
universities and other organizati<strong>on</strong>s in researching and developing innovative soluti<strong>on</strong>s for sustainable mobility and related<br />
technology.<br />
Trade uni<strong>on</strong>s and Political Parties<br />
Any relati<strong>on</strong>ship of the Fiat <strong>Industrial</strong> Group with trade uni<strong>on</strong>s, political parties and representatives or candidates thereof<br />
shall be c<strong>on</strong>ducted with the highest level of transparency and fairness and in strict compliance with applicable laws.<br />
C<strong>on</strong>tributi<strong>on</strong>s of m<strong>on</strong>ey, goods, services, or other benefits are prohibited unless required or expressly permitted by law<br />
and, in the latter case, authorised by the duly empowered corporate bodies of the relevant company of the Group. Any<br />
c<strong>on</strong>tributi<strong>on</strong> made or activity performed by employees of the Fiat <strong>Industrial</strong> Group shall be intended <strong>on</strong>ly as a pers<strong>on</strong>al<br />
voluntary c<strong>on</strong>tributi<strong>on</strong>.<br />
Communities<br />
The Fiat <strong>Industrial</strong> Group is aware that its decisi<strong>on</strong>s can have significant impacts, direct and indirect, <strong>on</strong> the local communities<br />
in which it operates. Accordingly, the Fiat <strong>Industrial</strong> Group shall take all reas<strong>on</strong>able steps to inform those communities of<br />
relevant acti<strong>on</strong>s and projects and shall promote an open dialogue to ensure that their legitimate expectati<strong>on</strong>s are taken<br />
into due c<strong>on</strong>siderati<strong>on</strong>. Moreover the Fiat <strong>Industrial</strong> Group seeks to c<strong>on</strong>tribute to the social, ec<strong>on</strong>omic and instituti<strong>on</strong>al<br />
development of local communities through specific programmes. Fiat <strong>Industrial</strong> Group employees are asked to behave in<br />
a socially resp<strong>on</strong>sible manner by respecting the cultures and traditi<strong>on</strong>s of each country in which the Fiat <strong>Industrial</strong> Group<br />
operates and acting with integrity and good faith in order to merit the trust of the community.<br />
Communicati<strong>on</strong> and corporate informati<strong>on</strong><br />
The Fiat <strong>Industrial</strong> Group recognises the vital role that clear and effective communicati<strong>on</strong> plays in sustaining internal and<br />
external relati<strong>on</strong>ships, ensuring the highest standards in reporting financial and n<strong>on</strong>-financial informati<strong>on</strong> to provide a<br />
clear and transparent presentati<strong>on</strong> of its performance in ec<strong>on</strong>omic, social and envir<strong>on</strong>mental matters. Communicati<strong>on</strong><br />
and external relati<strong>on</strong>s influence the development of the Fiat <strong>Industrial</strong> Group both directly and indirectly. It is therefore<br />
necessary for these activities to be organised with clear, uniform criteria, which take into c<strong>on</strong>siderati<strong>on</strong> both the<br />
requirements of the various business lines and the ec<strong>on</strong>omic and social role of the Fiat <strong>Industrial</strong> Group as a whole as well<br />
as applicable legal requirements. The informati<strong>on</strong> communicated to the outside world must be timely and co-ordinated<br />
at Fiat <strong>Industrial</strong> Group level in order to take full advantage of the Fiat <strong>Industrial</strong> Group’s size and potential as well as<br />
to ensure completeness and accuracy. Fiat <strong>Industrial</strong> Group employees who are required to provide informati<strong>on</strong> to the<br />
public regarding Fiat <strong>Industrial</strong> Group companies or Sectors, business lines or geographical areas, in the form of speeches,<br />
participati<strong>on</strong> at c<strong>on</strong>ferences, publicati<strong>on</strong>s or any other form of presentati<strong>on</strong>, must comply with any specific procedures<br />
issued by the Fiat <strong>Industrial</strong> Group and receive the prior c<strong>on</strong>currence of the duly designated department or appointed<br />
pers<strong>on</strong> resp<strong>on</strong>sible for external communicati<strong>on</strong>s.<br />
The Fiat <strong>Industrial</strong> Group desires to maintain public c<strong>on</strong>fidence in the integrity of its operati<strong>on</strong>s by openly reporting <strong>on</strong><br />
and c<strong>on</strong>sulting with others to improve understanding of both internal and external health, safety and envir<strong>on</strong>mental issues