The Corporate Social Responsibility,set up in order to monitor and coordinate the various issues relating to social and environmental responsibility, reports through the Chief Financial Officer to the Managing Director and CEO and Board of Directors. It collaborates with a network of Delegates within the various departments in Italy and abroad.
The Code of Ethics, adopted in 2007, expresses the identity of the Bank, its mission and values and the principles adopted in the relationship with stakeholders.
Corporate Social Responsibility reports periodically to the Management Control Committee on theapplication status of the Code of Ethics, on critical elements and on stakeholders’ reports, as well as on the consequent corrective actions envisaged.
Assessment of the critical elements is based on the results of periodic analyses conducted by an independent specialised consulting company to assess consistence of the corporate management processes with the values of the Code of Ethics. The report to the Governance Bodies also includes a summary of reports from stakeholders of any violation of the corporate principles and values.