Transparency and Integrity
Build trust and improve reputation through transparent management of business activities and with the utmost correctness and integrity.
Leonardo firmly believes that acting responsibly and legally is fundamental to preserving the economic value and stakeholders’ legitimate interest, but, in a broader sense, this represents a fundamental need of social life which affects the full development of humans in all contexts, at work and in private life.
In pursuing its mission, Leonardo adopted the Charter of Values and the Code of Ethics, and, more recently, the Anti-corruption Code, fundamental documents of its internal regulatory system that describe the ethical values and principles and the behaviour to be followed when conducting business. Leonardo’s directors, employees and all parties operating in the company’s interest are required to comply with such documents.
Leonardo’s approach is based on strengthening compliance and risk prevention areas, integrating rules with awareness campaigns and education, with the ultimate goal of including awareness and responsibility among the distinctive and deep-rooted characteristics of its culture.
Preventing Corruption in Leonardo
During the year, Leonardo’s Board of Directors strengthened anti-corruption controls, fully implementing the recommendations issued upon conclusion of the works of the Flick Committee, an independent body comprising renowned independent, authoritative and experienced experts.
The Board of Directors approved and published Leonardo Group’s Anti-corruption code, a single and structured text that groups and harmonises the principles and rules safeguarding the integrity and transparency of business activities in the areas most exposed to illicit practices.
It applies to company officers, all employees, consultants and all parties with any contractual relationship with Leonardo and its Group companies.
Furthermore, the Integrity and Anti-Corruption Committee was established. It is comprised of the Chairmen of Leonardo’s Board of Directors, Risk and Control Committee, Board Of Statutory Auditors and Supervisory body pursuant to Legislative Decree no. 231/01. Its duties include, inter alia, the periodic checking of the Code, advising Leonardo’s Board of Directors of any necessary updates or adjustments.
In 2015, the Board of Directors also issued new Whistleblowing Management Guidelines which strengthen and increase the transparency of whistleblowing reports.
- Adoption of Finmeccanica Group's Integrity and Anti-corruption Code
- Constitution of the integrity and Anti-corruption Committee
- Redefinition of Audit activities and information flow
- Valorization and management of reporting, including anonymous reporting
- Adequacy of the business risk training system
- Spread of Anti-corruption public commitment and support to related Anti-corruption initiatives
- Strenghtening the Compliance system, specifically Trade Compliance and Anti-corruption