Pietro Barbaro S.p.A. believes in an efficient, open and sustainable system of Corporate Governance. The Company focuses on the importance of clearly defining the values and principles to ensure that all Company activities are conducted in compliance with the standards of transparency and fairness and applicable regulations.
These values are set forth in the Pietro Barbaro Code of Ethics, approved by the Managing Director’s resolution on July 19th, 2013. The Code of Ethics applies to all companies of the group.
This document which contains the fundamental ethical principles and precepts followed by the Company and which the Company is held to respect, has become an important tool to ensure effective and comprehensive management and guarantee a reliable control of the activities.
Pietro Barbaro S.p.A. has voluntarily applied the Legislative Decree no. 231 of 8th June 2001.
With a resolution of the Director dated February 1st 2016 has appointed a Supervisory Board.
The Supervisory Board was established as a collegial body in order to monitor the compliance of the company with the requisites of the Legislative Decree no. 231/2001.
The task of the Supervisory Board is to regularly check the efficiency of the adopted structured system of procedures, rules and checks, as per Model of Organization, Management and Control (“ 231 Model”), in order to prevent and reduce the relevant risks.
The Company has elaborated the 231 Model with the aim of making its own organizational system complying with the requirements envisaged by the Law Decree 231/2001, based on the principles already rooted in its governance culture and with the guidelines issued by Confindustria and Confitarma.