Page 79 - Ratti Group - Sustainability report

pected at European level, a new regime of responsibility which aims to prevent organisations from committing a certain type of o ence in their own interests or to their own advantage. The activities of the Supervisory Body are based on criteria of autonomy and independence, as well as on professionalism and continuity of action.
With regard to the Organisational Model implemented by the legal entity, the Supervisory Body is responsible for constantly monitoring:
its observance by all recipients;
its actual e ectiveness in preventing o ences from being committed;
the implementation of its requirements;
its amendment, should it become necessary to update the model due to changes to the
Company’s structure and organisation or to the legislative framework.
RATTI GROUP | SUSTAINABILITY REPORT 2017
REPORTING VIOLATIONS TO
THE SUPERVISORY BOARD
All stakeholders may report, in writing, any violation or suspected violation of the Code of Ethics to the Supervisory Body, which will analyse the report, if necessary discussing it with the sender and with the person responsible for the presumed violation.
Supervisory Body
POWERS FUNCTIONS
Verifying the need to update the Model
Monitoring compliance with the Model
Verifying the e ectiveness and adequacy of the Model
Communicating with the appropriate bodies
Coordinating and monitoring the communication of
the Model within the Company
Self-regulation
Access to company documents
Prompt gathering of information
Use of external consultants
In carrying out its duties, the Supervisory Body has full access, without limits and conditions, to all persons and relevant corporate documentation. It is kept constantly updated by the management with regard to the aspects of any business activities that could put the Compa- ny at risk following the commission of one of the o ences stipulated in the Decree.
The Body reports on the implementation of the Model by highlighting critical points, using two reporting lines:
the first, on an ongoing basis, directly to the Board of Directors and the Risks Control
Committee;
the second, on a six-monthly basis, in the form of a written report to the Board of Direc-
tors and the Board of Statutory Auditors.
The Supervisory Body is obliged to promptly inform the Board of Directors, the Board of Statutory Auditors and the Risks Control Committee, with regard to the provisions within their remit, of any transgressions, infractions and non-compliant behaviour that have been observed, and to suggest revisions, amendments and additions that could prevent the above.
SUPERVISORY BODY
At 31 December 2017 the Supervisory Body was composed of:
SERGIO MEACCI
ANTONELLA ALFONSI VITTORIO STEFANO ZUCCOTTI
CHAIRMAN MEMBER MEMBER
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