Code of Ethics

Sepal approved its Code of Ethics by resolution of the Board of Directors on 24 September 2015 in order to clearly and transparently outline the behavioral rules required of all those who act in the name and on behalf of the Company.
The value and importance of this Code are reinforced by the provision of a specific resp 2001, n. 231 “Discipline of the administrative liability of legal persons, companies and associations even without legal personality, pursuant to article 11 of the law of 29 September 2000, n. 300 “.
The Legislative Decree 231/2001, in fact, provides for a specific responsibility of the companies as a result of the commission of certain crimes committed in their interest or to their advantage by persons functionally linked to the entity.


The provisions of this Code are binding on:

  • The Directors,
  • The Mayors,
  • Employees and “Third Parties”, or Consultants,
  • The Collaborators,
  • Suppliers who do not have their own Code of Ethics,
  • As well as all those who operate –‐ both on the national territory and in foreign countries –‐ in the name and on behalf of Sepal (the “Recipients”).

The principles and provisions contained therein identify specific examples of general obligations of diligence, correctness and loyalty.
Employees are required to observe the provisions of the Code of Ethics pursuant to and for the purposes of Articles 2104 and 2105 of the Italian Civil Code, while the non-compliance with the same provisions by other Recipients constitutes, depending on the case, a disciplinary offense (punishable in compliance with the applicable legislation) and / or a breach of contract, the violation of which against the Company entail compensation for any damage caused.

See the document: Code of Ethics (pdf)