Legislative Decree 231/01 introduced the administrative liability of the Companies for those crimes – so-called predicate crimes – committed, in their interest, by people functionally linked to them.
The Decree provides for the applicability to the Companies of administrative sanctions – pecuniary sanctions, disqualification sanctions, confiscation or publication of the sentence – which may have serious repercussions on the conduct of social activity.
The provisions of Legislative Decree 231/01 exclude the administrative liability of the Company in the event that: prior to the commission of the crime, it has adopted and effectively implemented an Organization, Management and Control Model suitable for preventing the commission of that kind of crimes and has entrusted the task of supervising its functioning and its observance to a Supervisory Body.
To this end, the Board of Directors of Volpato Industrie S.p.A. has adopted – after analysing the entire corporate organizational structure and its internal control system – its own Organization, Management and Control Model binding for all subjects who, for various reasons, have professional relationships with the Company.
Furthermore, as required by Legislative Decree 231/01, Volpato Industrie S.p.A. has set up its own Supervisory Body with a control function on the aforementioned Model.
The adoption of the Organizational Model and the establishment of the Supervisory Body responds to the need of Volpato Industrie S.p.A. to strive for its own improvement, in such a way as to implement its own system to prevent the risk of the occurrence of any form of irregularity in the performance of its activities, thus limiting the danger of commission of crimes and guaranteeing correctness and transparency of its business.