Health and Safety & Ethic Code

About Stilmas

231 MODEL

The Legislative Decree no. 231/2001, regarding the “Discipline for the administrative liability of the legal entities, businesses and associations, including bodies without legal entities”, introduced for the first time into Italian law the responsibility of the bodies in penal for a number of cases ofa offences committed in the interests of or to the advantage of the same, by persons performing representative, administrative or
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 managerial functions of said bodies or of one of their organisational units with financial and functional autonomy, or by persons exerting, de facto or otherwise, the management and control of said bodies (the so-called apical subjects), as well as by persons subjected to the management or the supervision of one of the bodies indicated above (the so-called subjects under others’ management).

In order to assure, as far as possible, the prevention of the offences stated by the Decree, the Board of Directors of STILMAS S.p.A. adopted, on March 6th 2012, a new Model for organisation, management and control (so called 231 Model). The 231 Model is a part of a wider corporate governance policy of STILMAS S.p.A., which takes care of the corporate management’s ethical principles, as represented by the Code of Ethics (also based on the Decree). A Compliance Committee has been charged with the 231 Model’s management. For any violation of the 231 Model or the Code of Ethics, or any other information the Compliance Committee can be reached at its email address organismodivigilanza@stilmas.com 

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Ethic Code

Stilmas S.p.A. is operational in research, design, manufacturing ans services related to water treatment, still, purified water (PW), pure steam generator mainly devoted to pharmaceutical applications. Stilmas S.p.A, is particularly keen on advocating the ethical principles governing its activities. The Code of Ethics is a collection of principles and guidelines conceived to inspire Stilmas activities and to direct the behaviour not only of its employees but also of all those who come into contact with the Company in the course of business, with the aim of ensuring that Stilmas is not only run efficiently and reliably but also ethically. 
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The Confindustria guidelines for organisational structures, management and control in relation to crime prevention under Legislative Decree No. 231 of June 8th, 2001 governing administrative responsibility in companies, were taken into consideration in drafting this Code. These guidelines promote the implementation of a Code of Ethics as the most important control mechanism and they recommend that such mechanisms should be based on a series of principles which are reflected in the present Code. Based on the strong belief that business ethics are at the core of the company’s business success, the present Code of Ethics constitutes an essential part of the organisational structure and of the internal control mechanisms.

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