This document, denominated Code of Ethics (hereinafter also the „Code“) expresses the ethical commitment and responsibility in the pursuit of business activities and execution of company operations assumed by the personnel of Tubiflex S.p.A. (hereinafter also “ Tubiflex“ or the „Company“), whether they are directors, employees, or otherwise persons working with the company, and by all persons who occupy positions, also on a de facto basis, of representation, administration, management or control of the company or of its organisational units.
With regard to collaborators and consultants who work with the company, and all other third parties, signing of the present Code or an excerpt from the Code, or, anyway, adherence to the provisions and principles contained in the Code, is an essential precondition for the signing of contracts of any nature between the company and said parties; the provisions thus signed or otherwise approved also by tacit consent constitute a substantial and integral part of such contracts.
In sum, the Code of Ethics constitutes the set of values pursued by the company in the daily conduct of its business activities. The present Code is drawn up pursuant also to the terms and conditions of Italian legislative decree D.Lgs. 231/2001.

Tubiflex mission statement

Tubiflex strives to pursue excellence in its operations through the application of innovation and quality. Innovation is a permanent goal of Tubiflex personnel and is the result of constant, scientific, and detailed research performed on materials, techniques, and products, conducted with the aid of the very latest equipment available in the art field. Quality permeates throughout all activities of Tubiflex; the starting conditions for quality are the meticulous, methodical and constant control and verification of each phase of the life of the company, in each step of the production process, from the purchase of raw materials through to the completion of the finished product.
The quality of Tubiflex is the result of a culture that is shared and diffused throughout the company, and is reflected in the manufacture of efficient products that are of straightforward and intuitive use, guaranteed, able to meet the very latest requirements in their sector, and limit consumption in the utmost respect of their users and the environment.

Approach towards stakeholders

Tubiflex aspires to maintaining and developing relations of trust with its stakeholders, construed as the categories of individuals, groups, or institutions whose contribution is an essential ingredient in achieving the mission of Tubiflex and that hold substantial interests in the sphere of activities of the Company.
The term stakeholders therefore includes parties who make investments connected with the activities of Tubiflex, shareholders, employees and contractors, customers, suppliers, and business partners in general.

Unethical conduct

Unethical conduct in the pursuit of business activities compromises the relationship of trust between Tubiflex and its stakeholders. Conduct in which any single individual, group, or organisation attempts to appropriate for themselves the benefits of the collaboration of others by exploiting positions of power is considered to be unethical and may lead to the emergence of hostile attitudes towards the company.

Objectives of the Code of Ethics

A good reputation is an essential intangible resource. A good reputation outside the company stimulates investment by shareholders, loyalty of customers, attraction of the best human resources, the tranquillity of suppliers, and announces the company’s reliability in relation to creditors. The Code of Ethics is aimed at achieving a management style that draws inspiration from criteria of ethical conduct, professional integrity and economic efficiency in internal relations (top management, management, employees) and external relations (company and the market), with the goal of promoting unequivocally high standards of conduct and the inevitable economic benefits arising from the consolidation of the company’s good name.

Scope of application

The Code of Ethics is applicable to Tubiflex and it is consequently binding on the conduct of all its personnel (directors, employees and external collaborators). The Code of Ethics is applicable in Italy and in all other countries, although with any local adjustments that may be necessary in consideration of the cultural, social, economic and regulatory diversities existing between the various countries in which Tubiflex conducts its business.
Tubiflex undertakes to disseminate the Code of Ethics among external collaborators of the company, including those who hold discontinuous or temporary relations with the Company, and to demand from said parties compliance with the obligations of the Code in the execution of their activities, and the adoption of initiatives of an internal nature such that are necessary in the event of refusal by third parties to comply with the Code or in the case of omitted or partial execution of the commitment assumed of observing the provisions set down in the Code.

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Codice Etico - Code of Ethics (pdf-306.07 kB)