Sustainability Report FY 2021

112 We manage as if we were guardians We preserve value through regeneration Methodological notes Annex We grow by sharing We respect our history through sustainable innovation Rapports with our suppliers are conducted according to the principles of honesty, integrity and coherence with applicable laws, ethical standards and the company’s rules of conduct. Our precise management has enabled us to develop and increase a network of lasting relationships with local companies over time, hence promoting local products and ensuring a high level of quality. Sustainability in the supply chain is increasingly considered to be a key component of company responsibility and regards the environmental, social and economic impact as well as the promotion of commercial best practice throughout the product lifecycle. Aware of the importance of transpa- rent and respectful procurement, we adopted the “Supplier sustainabili- ty code of conduct and guidelines” 28 , which sets out the principles to which suppliers must adhere in terms of ethi- cs and integrity, working practices and conditions, procurement of minerals coming from conflict areas, environ- mental compliance and sustainability. By signing the document, suppliers pledge not to act, directly or via its col- laborators, in such a way that contra- dicts the principles set out in the code and declares that they are aware that any non-compliant behavior could re- sult in the termination of the rapport between the parties and could also result in a petition for compensation if said behavior damages the Ruffino Group, such as the applications of the measures provided for by the Italian Legislative Decree 231/2001. Suppliers are nevertheless encourages to exceed the requirements of the code and to promote continuous improve- ment in their business and supply. Supply chain 28 For more details, see the entire document: