4.1 Relations with the Public Administration and with Supervising Authorities Relations with the Public Administration and the Authorities that carry out supervision are inspired by the principles of correctness, truth, transparency, efficiency and collaboration.
These relations are held in compliance with this Code with specific regard to the principles above.
Specifically, as mere examples, the following behaviour is forbidden:
- Promising to offer or in any way pay sums, goods in kind or other benefits (except if it is a gift or good of modest value and in any case in conformity with normal commercial practice), also following illicit pressure, to a public official or private interlocutors for the purpose of promoting or favouring the Company’s interests. These limitations cannot be circumvented by using other forms of help or contributions such as roles, consultancy, advertising, sponsorship, work opportunities, commercial opportunities of any type, etc.;
- Holding or undertaking the above mentioned behaviour and actions in regards to spouses, relatives or friends of the persons described;
- In any case, to behave in any way intended to improperly influence the decisions of the officials that deal with or make decisions on behalf of the Public Administration
- Supply or promise to supply, solicit or obtain information and/or reserved documents or in any case such as to compromise the integrity or the reputation of one or both the parties in violation of the principles of professional transparency and correctness;
- To let Valvosanitaria Bugatti Spa be represented by a consultant or by a “third” subject when these could create conflicts of interest, in any case they and their personnel are subject to the same limitations that bind the Recipients.
The behaviours described are forbidden whether in the course of relations with the Public Administration or with a private counterpart and once this relation is concluded 4.2 Relations with political parties and trade unions Relations with political parties, trade unions and other associations that could create conflicts of interest are required to respect the regulations of this Code that concern the principles of impartiality and independence. In relations with these categories the behaviour and actions described in the preceding paragraph and the following paragraph are forbidden. Strictly institutional forms of collaboration for the purpose of contributing to the organization of an event or activity, such as conferences, seminars, studies, research, etc., are permitted as long as they are not intended to obtain undue favours.
4.3 Donations, benefits or other utilities The Recipients are in fact forbidden to offer, supply, promise or concede to third parties, as well as not to accept or receive from third parties, directly or indirectly, also on festive occasions, donations, benefits, or other utilities and also in the form of sums of money, goods or services. Only modest donations directly referable to normal courtesy are allowed. In any case, the above donations must be such that they cannot generate on the part of the other party or in a third and foreign party, the impression that they are for the purpose of acquiring or conceding undue advantages or such as to in any case generate the impression of illegality or immorality. In any case, these donations must be adequately documented. It is in any case forbidden for the Recipient to solicit, offer or concede, in other words to accept or receive, donations of any kind, even if of modest value. Any Recipient who, in the fulfilment of their role, signs contracts with third parties, must ensure that these contracts do not require or imply donations in violation to this Code. 4.4 Relations with Suppliers of goods and services The selection of Suppliers of goods and services and in any case the acquisition of goods and services of any type, is undertaken on the basis of objective and documentable criteria on the basis of research for the best balance between economic advantage and quality of performance. In its relations with Suppliers Valvosanitaria Bugatti Spa is inspired by the principles of loyalty, and free competition.
Specifically, within said relationships Recipients are required to:
- Establish efficient, transparent and collaborative relations and maintain open and frank dialogue in line with the best commercial practices;
- Obtain the collaboration of Suppliers in constantly ensuring the most convenient relation between quality, cost and delivery times;
- Require the application of the required contractual conditions;
- Require that Suppliers comply with the principles of the Code of Ethics and to include this specific provision in contracts;
- To operate within current legislation and to require its timely compliance;
- Require that Suppliers of raw materials the issue of a specific and appropriate declaration or certification of the composition of the material supplied and its characteristics.
4.5 Management of relations with Clients Valvosanitaria Bugatti Spa pays the utmost attention to the needs of its Clients and is committed to not discriminate them arbitrarily and to pursue/maintain quality standards in relation to the products and services offered.
For this purpose Valvosanitaria Bugatti Spa has implemented an integrated system for the management of quality and the environment that conforms to standards UNI EN ISO 9001 and UNI EN ISO. The integrated system refers to the general conduct of Valvosanitaria Bugatti Spa’s activities for the acquisition and processing of client orders, the management of processes and resources, the measuring and analysis of data, respect for the environment and the improvement of performance. This system is verified annually by means of inspection performed by an external accredited body. Further tests and analyses are also carried out by accredited external laboratories. Valvosanitaria Bugatti Spa subjects its products, during both the design and production phases, to strict laboratory testing, also in laboratories located overseas, so as to allow the attainment of certifications that are indispensable for exports.
4.6 Prevention of offences by organized crime Valvosanitaria Bugatti Spa refrains from engaging in any relationship, whether direct or through a third party, with subjects (natural or legal persons) that it knows or suspects of being part of or undertake support activities of any form on behalf of criminal organizations of any type, including those of mafia type, those involved in human trafficking, or the exploitation of child labour, as well as subjects or groups that operate for terrorist purposes, such as to consider that their behaviour can cause damage to the Country or an international organization, carried out for the purpose of intimidating the population or forcing the public authorities to act or to abstain from carrying out any act or to destabilize or destroy the fundamental political, constitutional, financial and social structures of a Country or an international organization.
4.7 Circulation of information towards other countries Information towards other countries must be true, clear and transparent. The relations with the press and mass media in general are reserved exclusively with the Managing Body.
Texts and images distributed abroad (advertising, brochures, internet websites, social networks, etc.) must respect the principles of truth and transparency and observe the provisions on matters of copyright.
Recipients called to supply external news concerning objectives, activities, results through participation in public interventions, seminars or the drafting of articles and publications in general are required to obtain the authorization of the top levels of the organizational structure to which they belong about the texts, the reports prepared and the lines of communications and agree the and verify the contents with the competent official. Therefore, it is expressly forbidden for anyone also to spread confidential news concerning projects, negotiations, initiatives, agreements, commitments, even if in the future and uncertain, concerning the Company that is not in the Public Domain.
Recipients must also refrain from spreading false or misleading information that may deceive the external community.