Code of ethics

23 January 2025

Guarniflon S.p.A., as part of its Corporate Social Responsibility policy, has committed to raising the standards related to social development, environmental protection, and the respect of fundamental rights, adopting an open governance system capable of reconciling the interests of the various stakeholders within a comprehensive approach to quality and sustainable development.
Guarniflon S.p.A. is aware that a company’s actions cannot be limited to the production of goods and services, but must also extend to fully meeting the needs of all stakeholders.

Guarniflon S.p.A., feeling socially responsible, is committed to promoting a healthy, cooperative, and pleasant working environment through the promotion of a culture of continuous improvement aimed at the well-being and intellectual growth of employees.
Guarniflon S.p.A. is committed to maintaining a safe, healthy, and non-discriminatory work environment and to promoting individuals and employees’ skills.
The responsibility structure of Guarniflon S.p.A. and all its initiatives are committed to creating a positive and constructive environment. In its social responsibility policy, Guarniflon S.p.A. also undertakes to:

• Respect the applicable national legislation, international conventions, and recommendations, including the resolutions of international organisations such as the UN (United Nations Organization) and the ILO (International Labour Organization).
• Reject any kind of practice that violates human and workers’ rights, in any form and manner.
• Promote and protect freedom of association, the right to collective bargaining, and the protection of health and safety.
• Not employ child labour (except for possible educational school internships), retaining the necessary documentation as verifiable proof of workers’ age.
• Not resort to, nor support, the use of forced labour or practices imposing work beyond what is provided by legal agreements.
• Not undertake or tolerate discriminatory practices or unequal treatment during hiring, remuneration, training opportunities, career advancement, dismissal, or retirement based on race, national, territorial or social origin, caste, birth, religion, disability, gender, sexual orientation, marital status, trade union membership, political opinions, or any other condition that may give rise to discrimination.
• Not allow behaviours — including gestures, language, or physical contact — that are sexually coercive, threatening, offensive, or aimed at exploitation.
• Not support or allow, in any form, corporal punishment, mental or physical coercion, or verbal abuse.
• Ensure regular remuneration in accordance with the provisions of the National Collective Labour Agreement (CCNL), capable of guaranteeing a dignified life for workers.
• Promote improvements in the safety conditions and in the physical and psychological well-being of collaborators, through both preventive and corrective actions.
• Ensure regular training for staff on social responsibility and safety, scheduling it at regular intervals and for each new hire.
• Provide employees with clean, safe, and healthy workplaces, minimising as much as possible the sources of danger attributable to the work environment.
• Respect the right of all staff to form and join trade unions of their choice and to bargain collectively, ensuring that staff representatives are not subject to any discrimination and that they can communicate with their members in the workplace, as provided for by the CCNL and other existing agreements.
• Commit to conducting business that respects the environment and air quality, continuously improving its ecological practices and promoting all efforts toward efficiency, fairness, and the optimal use of available water resources.
• Communicate, review, and involve all suppliers of goods, activities, and services as well as subcontractors in their commitment to social responsibility.
• Carry out periodic internal and external monitoring of suppliers and subcontractors to ensure continuous improvement of general management conditions and enhancement of human capital.
• Periodically review and integrate this “social responsibility policy” to adapt it to new needs and requests expressed by stakeholders.
• Implement a policy of immediate reporting to the competent authorities (Judicial Authority, Court of Auditors, National Anti-Corruption Authority http://www.funzionepubblica.gov.it, Anti-Corruption Officer within the organisation/company, by submitting a report via the following link https://whistleblowersoftware.com/secure/guarniflon) concerning workplace hazards, internal fraud, damage caused by or to the organisation, environmental damage, false corporate communications, medical negligence, illicit financial operations, health threats, cases of corruption or extortion, and many others (“whistleblowing”).

Guarniflon S.p.A. identifies and pays particular attention to those sensitive areas of the company that may be involved (considering their potential leverage effect) in unlawful activities such as theft, fraud, corruption, gifts, and conflicts of interest.
In all cases, Guarniflon S.p.A. ensures that all its work activities reflect values of honesty, loyalty, reliability, fairness, responsibility, respect for the law, and solidarity towards others.
All collaborators must refrain from any action or relationship that may conflict, or appear to conflict, with the interests of our company or its clients. No collaborator may use their position for personal gain or to unlawfully obtain benefits for the company.
Any act, at any level, involving theft, fraud, misappropriation of any property, corruption, extortion, or money laundering is strictly prohibited. Any gifts to third parties (e.g., customers, suppliers) on the occasion of Christmas holidays or other celebrations must be authorised exclusively by the Company Management.