For a company that seeks to meet today's challenges, ethics and a transparent organisation go far beyond mere legal compliance. They are the bedrock of good corporate governance, the first step towards being able to formulate and develop a sustainable corporate strategy, incorporating all ESG factors.
This is why we have a solid governance structure, a code of ethics and governance and control instruments that allow for optimal management of the company and related risks.
+ Ethics and transparency in the business - material topic
+ Presence, application and dissemination of the Code of Ethics
+ Market presence
+ Economic performance
Our Code of Ethics is an instrument of social responsibility, is intended as a guide for company conduct, and is an essential element of the company’s internal control system.
All new recruits receive training about the Code of Ethics, to ensure that 100% of employees are trained.
+ Compliance with legislation
+ Management culture
+ Human rights
+ Workers' rights
+ Health & Safety
+ Cooperation and respect to counter any form of discrimination
+ Environmental protection
+ Compliance with tax obligations
+ Respect for the free market and competition
+ Rejection of any form of corruption
+ Traceability and transparency of commercial agreements
+ Restrictions on gifts and invitations
+ Attention to conflict of interest
+ Confidentiality and data protection
Our Managing Director constantly updates the Board of Directors on ongoing sustainability actions during regular Board meetings and in any case when approving SEW S.r.l.'s proposed annual financial statements. These updates also take place on certain defined occasions, such as the presentation of the German parent company's Sustainability Report.
The economic value we generate is the main indicator of the financial sustainability of our business - it is proof of the soundness of our growth strategies and the efficacy, efficiency and cost-effectiveness of our management.
The share of distributed value, on the other hand, represents our company's ability to share these resources with the entire system, with particular reference to some of the main stakeholder categories (employees, lenders, shareholders, public administration and the community).
In the three years of the reporting period, the value we have generated has always grown: in particular, in 2022 we recorded a 20% growth compared to 2021.