On 5 August 2013 the Board of Directors of Pirelli & C. S.p.A. approved an Anti-Corruption program, called the “Premium Integrity Program”. This is the program of reference in terms of banning corruptive practices and is a systematic collection of principles and rules already adopted within Pirelli, integrated with “new” and specific dispositions, in order to prevent or reduce the risk of corruption. It further strengthens the anti-corruption infrastructure of the Group and integrates, for Italy, the “231” Organizational Model.
This program was developed from the results of a specific evaluation of exposure to risks of corruption in the countries where the Group operates. This evaluation will be repeated periodically in order to guarantee steady monitoring of such risk; in addition, suitable education and awareness programs will be developed where they could be useful.
This “Premium Integrity Program” defines the values, principles and responsibilities that Pirelli, all its employees and all those with business or other relationships with the company, adhere to in terms of fighting corruption.