ESG / Sustainability Report / 2022 Ethics and governance Guaranteeing the creation of long-term value The widespread application of the values of the and business continuity is possible through Code of Ethics and the commitment to innovating GOVERNANCE solid business ethics based on the values of and implementing policies and procedures transparency, fairness and respect, foundational makes it possible to ensure correct and efficient elements of our governance structure. business management, which aims to strike the best balance between the various requirements, Our governance moves beyond daily operational timeliness and flexibility in decision-making, management and embraces critical aspects transparency in relationships and the such as data security, privacy, technological risk identification of roles and responsibilities. management and regulatory compliance. These factors are not only fundamental to protect Respect for ethical principles represents the our customers’ sensitive data and guarantee cornerstone of Engineering’s operations and Ethics and governance operational continuity, but are also pivotal in its commitment to sustainability and corporate ensuring that our work is carried out ethically integrity. We have always worked to guarantee and responsibly. that every one of our actions is inspired and dictated by solid ethical values and respect The Group’s operations must be oriented for laws in force and human rights, therefore towards the principles of social responsibility, ensuring full protection for the personal and both internally and externally. Therefore, financial rights of every player involved in our our Corporate Governance system is an operations, encompassing employees, partners, essential element to this end. Hence, our social suppliers and customers. responsibility strategy has been outlined on the basis of the ten principles and the values of During the year in question, we further integrity and transparency shared by the United strengthened our commitment by approving a Nations Global Compact, which are applied in new version of the Code of Ethics, a document all of the countries in which we do business. that defines the basic ethical principles, rights The sharing of these principles, regarding topics and duties of each individual, underscoring relating to human rights, labor, the environment the attention paid to the promotion of equal and the fight against corruption, represents opportunities, inclusion and non-discrimination. our commitment and our conviction that it is The alignment of internal documents with the precisely the social and ethical component highest international standards, such as those that plays a fundamental role in ensuring the defined by the International Labor Organization achievement of business sustainability over the (ILO) and the Universal Declaration of Human medium-long term. Rights, therefore guarantees a solid basis for our business practices. The adoption of best practices and the principles of responsibility and transparency with respect to stakeholders makes our governance structure robust ad capable of harmonizing economic, social and environmental objectives together, as well as guaranteeing high standards of quality and reliability, elements of strength which distinguish our corporate identity. Engineering © 59