The Coster Ethical Code and Organisational Model
Coster has issued and spread its Ethical Code in the corporate and through the Supply Chain, for the purpose of providing a set of commonly agreed values and principles which reflect Coster commitment towards conducting business responsibly.
The foundations of our beliefs are the fair and integrity business, the respect of human rights that also reflects the commitment to continuously enhance the life in the workplace, Safety, health and environment protection.
The Organisational Model adopted by Coster describes the set of rules, both operational and deontological, set by the Company according to the specific activities and pursuant to the provisions of Italian Decree 231. Among the purposes the Model, to raise awareness of the importance of correct and transparent behavior among the Addressees, in line with the ethical and social values of Coster, to strengthen the culture of internal controls and risks management, to protect Coster’s reputation towards all stakeholders, to ensure that all business activities comply with current regulations. The Model also provides information about the whistleblowing scheme, that is the procedure that allows recipients and all Stakeholders to confidentially report violations of the Model to the Supervisory Body.
EcoVadis CSR Assessment
Coster regularly join EcoVadis to assess the integration of the CSR principles into the business and management system and gain evidence-based Sustainability rating
The Social Responsibility
People are at the centre of Coster’s policies and strategies. Coster firmly believes and counts on people value, therefore is strongly committed to safeguard the human rights, guarantee the best working conditions as well as the labor practices, be active for collectivity by finding ways to do good.
Safety is a strategy pillar: continuous investments in all necessary measures supporting the prevention and protection system. Two manufacturing facilities have obtained the certification for the Occupational Health and safety management System standard OHSAS 18001.
Coster pursues the monitoring and transparency targets by continuing the voluntary program of SMETA IV Pillars audits and assessment of the group companies commissioned to an external notified body.
The Company adopts the Organizational Model according to Italian Decree 231/01 and promotes the guidelines through the Group in order to dissuade offensive behaviors, to promote correctness and honesty in company against any possible conflicts of interest, to promote accurate and prompt reporting to Regulatory Authorities, to assure the respect of the Law by implementing a formal whistleblowing procedure with involvement of supervision bodies relevant to violations of the Code.
Welfare initiatives are varied in the facilities, as well as activities for the benefit of all citizens consisting in different sponsorships, patronage and support to voluntary service.
A program to launch initiatives directed to external communities is targeted to support EDUCATION AND SCHOOLING according to the specific territorial context, like including aiding the access to education to disadvantaged people supporting high-tech and innovation centers, specialized institutes, promoting scholarships for unprivileged students.
Training is the common way broadly adopted by Coster to create culture, spread awareness and enhance skills.