Italy’s Competition & Market Authority awards three-star legality rating to Italcementi

Italy’s Competition & Market Authority awards three-star legality rating to Italcementi
Published: 08 December 2014

Tagged Under: Italcementi Italy 

Italy’s competition and market authority, AGCM (Autorità Garante della Concorrenza e del Mercato), has awarded Italcementi a top three-star legality rating.

The Legality Rating is an evaluation of a company’s legal compliance and the quality of its corporate governance and commitment to correct, sustainable business management. In this sense, it is also an enviable opportunity for firms to apply to the Authority for an authoritative independent assessment of their operations.

"The rating award is confirmation and recognition of Italcementi’s commitment to complying with the highest ethical/social and governance standards," the Italian cement major said in a statement. To ensure the effectiveness of its corporate governance, the principles of its code of ethics and its publicly declared commitments, Italcementi has introduced a series of specific Legal Compliance programs, at both Group and individual country levels, with regard to anti-trust, anti-corruption and criminal liability issues in general. Furthermore, it cooperates actively with state bodies and with prefectures in particular, under specific innovative operating protocols based on the Legality Protocol drawn up by Italy’s Ministry of the Interior and the Confindustria employers’ confederation.