CODE OF ETHICS
PURPOSE AND CONTENTS
Aware of the need to manage its activities and impacts with a view to long-term success, Eurovetrocap has chosen to direct its growth strategies towards a sustainable and transparent business model, capable of combining economic, social and environmental goals.
Eurovetrocap believes that ethics and transparency in business conduct are essential to achieving its objectives. Sustainability cannot exist without ethics.
This document outlines the guidelines and rules to be followed by Eurovetrocap collaborators and third parties the company interacts with, to prevent unethical conduct.
This Code of Ethics consists of the following sections:
- recipients, validity and scope of application
- mission and vision
- Eurovetrocap values
- guiding principles
- conduct criteria towards stakeholders
- mechanisms for implementation and monitoring of Code of Ethics compliance
RECIPIENTS, VALIDITY AND SCOPE OF APPLICATION
The Code of Ethics, valid both in Italy and abroad, defines the guidelines that must inspire Eurovetrocap’s activities and guide the conduct of its collaborators and all other business stakeholders.
It is directed to corporate bodies and their members, collaborators, temporary workers, consultants, agents, and anyone who may act on behalf of Eurovetrocap.
Eurovetrocap requires all third parties with whom it establishes relationships to act according to the principles outlined in this Code. Third parties will be duly informed of the Code.
MISSION AND VISION
Design, quality, attention to sustainability and innovation are the distinctive features of Eurovetrocap packaging.
Eurovetrocap’s goal is to provide its clients—from concept to launch—with a high level of service wherever they are located and regardless of their size, helping them imagine, create and customize innovative and environmentally friendly packaging solutions for the cosmetic and makeup market.
VALUES
CUSTOMER CARE
Eurovetrocap works to satisfy its customers, aiming to build lasting, trusting relationships. With flexibility in terms of quantities offered, it supports customers throughout their lifecycle, aiding their growth. It offers market-aligned products and provides consultancy when needed, taking in feedback to continuously improve.
PERSONNEL CARE
Eurovetrocap’s employees are essential for its success. The company promotes and protects the value of its human resources to enhance each employee’s skills. It encourages the development of individual capabilities and interests in achieving company goals. Communication at all levels fosters participation and shared objectives.
ENTREPRENEURIAL SPIRIT
Every employee should feel ownership of the company and work for its long-term success. Everyone’s contribution matters and is key to sustainable development. Success is shared, and setbacks are opportunities for improvement.
INNOVATION AND SUSTAINABILITY
As the world, clients, and the company evolve, Eurovetrocap strives daily to innovate products, processes, and mindset to meet market needs and reduce environmental impact.
CONTINUOUS IMPROVEMENT
Eurovetrocap is committed to constant improvement. Problems are growth opportunities when addressed to prevent recurrence.
HUMILITY AND HUMANITY
Each individual is a crucial link in the chain. Knowing, understanding and helping each other strengthens the team, the core of a resilient company.
THINKING BIG
Setting ambitious goals inspires continuous effort, bold and original solutions, and aiming high for Eurovetrocap’s and its clients’ growth.
AGILITY
Eurovetrocap evolves daily, staying true to its principles. It balances market demands, people care, and environmental protection, aiming for sustainable development.
ECOSYSTEM
Eurovetrocap’s growth is tied to the quality of relationships with its suppliers. It aims to build partnerships based on shared values of sustainability, innovation, and regional development.
ETHICAL PRINCIPLES
IMPARTIALITY
Eurovetrocap avoids any discrimination based on age, gender, sexual orientation, health, race, nationality, political opinions, and religious beliefs.
TRANSPARENCY
The company ensures true, clear, and complete information in its stakeholder relations and reporting.
HONESTY
All employees must comply with laws, the Code of Ethics, and internal regulations. Eurovetrocap’s interests never justify dishonest behavior.
INTEGRITY AND HUMAN DIGNITY
Eurovetrocap ensures the physical and moral integrity of its employees, safe and respectful working conditions, and equal opportunities based on merit, fully respecting human rights.
SERVICES AND PRODUCT QUALITY
Through R&D, commercialization, process management and supplier development, Eurovetrocap delivers high-quality products and services.
ENVIRONMENTAL PROTECTION
Eurovetrocap is committed to environmental safeguarding, aiming to improve the impact of its products and services.
COMMUNITY RESPONSIBILITY
Eurovetrocap acts with social, environmental and economic sustainability in mind. It supports cultural and social initiatives in local communities.
CONFIDENTIALITY
The company guarantees confidentiality of its information. Employees must keep company information confidential and use it only for work purposes.
ENTREPRENEURSHIP
Eurovetrocap operates with efficiency to deliver high quality/price ratio packaging solutions and customer satisfaction.
CONDUCT CRITERIA
CUSTOMER RELATIONS
Eurovetrocap treats customers fairly and ensures product/service quality. It emphasizes transparent communication, respect, and collaboration.
SUPPLIERS, PARTNERS AND EXTERNAL COLLABORATOR RELATIONS
Suppliers are selected based on quality, price, sustainability, and reliability through objective and impartial criteria.
EMPLOYEE RELATIONS
Recruitment
Staff recruitment is based on objectivity, skills, and professionalism, ensuring equal opportunity.
Management & Development
Development is based on merit, with training programs to foster skills.
Safety & Health
Eurovetrocap promotes a safety culture and awareness of risks. It ensures safe and dignified working environments.
Privacy Protection
The company complies with personal data confidentiality regulations for its employees.
Integrity and personal protection
Eurovetrocap protects employees’ moral integrity, ensuring respectful working conditions.
EMPLOYEE RESPONSIBILITIES TOWARDS THE COMPANY
Diligence and Good Faith
Employees must act in good faith, fulfill contractual obligations, and know and comply with the Code of Ethics.
Conflict of Interest
Employees must avoid conflicts of interest and not exploit their position for personal gain.
Examples include:
- Accepting money, gifts, or favors from business partners
- Using their position to benefit themselves
In such cases, the company must be informed.
Confidentiality
Employees must maintain confidentiality about company activities and documents.
Protection of Company Assets
Employees must protect company assets and use them responsibly.
For IT, they must:
- Follow security policies
- Avoid offensive or harmful messages or internet use
GIFTS
Offering or accepting gifts or favors is generally not allowed unless they fall within normal business practices.
RELATIONS WITH INSTITUTIONS AND PUBLIC ADMINISTRATION
Relations must comply strictly with laws. Financial records must be accurate and transparent. Eurovetrocap cooperates with authorities during inspections.
RELATIONS WITH NON-PROFIT ORGANIZATIONS
Eurovetrocap may support non-profit organizations that provide cultural, social, or environmental value, after appropriate checks.
IMPLEMENTATION AND MONITORING
SUPERVISORY BODY
- A Supervisory Body is established with duties such as:
- Monitoring compliance and promoting understanding of the Code
- Investigating violations and reporting to the Board for sanctions
- Proposing updates or improvements to the Code
- Requesting audits in case of dysfunctions or violations
- Supporting internal policy development for risk prevention
- Suggesting disciplinary measures for violations
The Supervisory Body is appointed by the Board of Directors.
COMMUNICATION AND TRAINING
The Code is communicated to all relevant internal and external parties. HR ensures understanding and training on ethical principles.
REPORTING VIOLATIONS
Code recipients must report any violations to the Supervisory Body, which will evaluate and investigate while protecting anonymity.
SANCTIONS
Eurovetrocap will take appropriate disciplinary action for violations, regardless of criminal proceedings, based on severity and recurrence, in compliance with applicable labor laws and contracts.
The provisions of this Code also apply to temporary workers, who must comply with its rules. Violations by temporary workers are sanctioned by their respective employment agencies, which are contractually obliged to enforce compliance.
As for Directors and Auditors, violations may lead to proportional sanctions, including dismissal for cause. Eurovetrocap may seek damages resulting from unlawful conduct.
For suppliers, collaborators and external consultants, Code violations may result in contract termination, without prejudice to Eurovetrocap’s right to claim damages.
EFFECTIVENESS, UPDATING AND MODIFICATIONS
This Code of Ethics is adopted by the Board of Directors and is effective immediately. Any updates must also be approved by the Board and will be made available on the company’s intranet and website (www.eurovetrocap.com) for full stakeholder accessibility.
