The elimination of corruption and unfair competition is taken extremely seriously by the Prysmian Group. To that end, the compliance policies enshrined in our Code of Conduct include an Anti-Bribery Policy and an Antitrust Code of Conduct. Both documents are published on the corporate intranet where all employees may access them and any updates are communicated across the company.
The Anti-Bribery Policy
This policy prohibits the corruption of both public officials and private individuals. It requires all Prysmian employees to comply with its rules and regulations and, if the former are less restrictive, all the anti-corruption legislation in force in the countries in which they work or are active.
Under this policy, no employee may make, promise to make, offer or approve the payment of anything of value, whether directly or indirectly, for the benefit of public officials, unless in compliance with all current laws and to the extent expressly allowed by Group Policy.
For this purpose, the term ‘public officials’ means the employees of a public agency or company controlled by the government. This includes commercial entities, international public organisations, political parties or party officials, or candidates for public office.
Download our full Anti-Bribery Policy
The Antitrust Code of Conduct
This code describes the issues relating to the application of Italian and EU competition policy with regard to agreements and the abuse of dominant positions. The specific situations arising must be assessed against this framework on a case-by-case basis.
Download our full Antitrust Code of Conduct
We strongly encourage partially owned affiliates and third parties to adopt similar policies and practices, especially if they are located, or do business, in a country that has signed the OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions.