Legislative Decree no. 231 of 8th June 2001 introduced into the Italian legal system a system of administrative liability of the Entities – including capital companies – for certain crimes committed by directors, managers or employees in the interest or for the benefit of the Entity itself.
Cotonificio Albini S.p.A., inspired by a modern corporate concept that provides for a close correlation between ethics and business, has implemented the principles dictated by the legislation in question and has adopted its own Organization, Management and Control Model and a Code of Ethics.
The Supervisory Body was also established, in collegial composition, which has the task of supervising the functioning of the Model, guaranteeing its effectiveness and adequacy and taking care of its periodic updating.