Code of Ethics

Introduction

STELIO BARDI Marine Technologies is engaged in the business of representation, sales, production and technical assistance in compliance with the laws and regulations of all countries in which it operates.

In all STELIO BARDI Marine Technologies companies, internal and external activities and relationships must be always marked by maximum transparency and honesty.
Every person involved in the company has a moral responsibility.

GENERAL PRINCIPLES

The group formed by the 2 companies Stelio Bardi Srl, Genova Engineers Srl considered important to emphasize through a Code of Ethics the commitments and responsibilities in the conduct of business and company activities that its collaborators, whether employees, collaborators in various capacities, or directors will have to assume.

STELIO BARDI Marine Technologies intends to foster the growth of a working environment, inspired by respect, fairness, cooperation and mutual trust on the basis of experience in the areas of competence, with the aim of involving and empowering employees and collaborators in the specific objectives to be achieved and how to pursue them.

All those who work in the group or collaborate with it in any capacity, without distinction or exception, are committed to observing and enforcing these principles within the scope of their functions and responsibilities.

Human resources are an indispensable factor for development, and their management is based on
respect for the person, his or her individuality and professionalism.

The group invests in its human resources in order to grow and strengthen its corporate assets, to protect the group itself and its employees, customers, suppliers and the market; it promotes knowledge of and compliance with the Code by its employees and directors, promoting its dissemination also to business and financial partners, customers and suppliers, requiring compliance

In its activity, the group is inspired by the principle of protecting and safeguarding the environment and pursues the objective of ensuring the safety and the safeguarding of the health of its employees, collaborators and directors, through the appropriate initiatives to this end and in accordance with the regulations in force.

All those acting in any capacity on behalf of the group are required to maintain strict confidentiality
and not to disclose or unduly request information on documents, know-how, projects, company operations and in general on all information learned by reason of his or her operational function.

INTERNAL RELATIONS WITH MANAGEMENT

The company’s policy towards employees is based on certain values such as transparency, honesty, development and the valorization of the individual.

The employee is firstly a person with his or her own character, aspirations, abilities which must always be respected and never exploited.
The company must never take advantage of any advantageous situation towards an employee and must always inform the employee if (s)he is not aware of his or her rights.
As far as possible, the company shares situations, objectives, economic status with employees and tries to enable the employees to express his or her abilities to the fullest.
On the other hand, the company expects cooperation and frankness from its employees. If, for example, an employee realizes (s)he has made a mistake, (s)he is called upon to say so, not to hide it. Everyone is responsible for their own mistakes, but a mistake is best remedied if the management is aware of it. If, for example, an employee realizes (s)he has made a mistake, (s)he is called upon to say so, not to hide it. Everyone is responsible for their own mistakes, but a mistake is best remedied if the management is aware of it.
If an employee feels mistreated and not rightly considered, (s)he is invited to talk about it
in a timely manner (possibly by means of intermediary figures) so as not to trigger an uncomfortable situation that in the long run could jeopardize the relationship.

INTERNAL RELATIONS BETWEEN CO-WORKERS

Just as the company respects the peculiarities of individual employees, they must consider those of their colleagues and respect them.
Management also strives to disseminate a corporate culture aimed at building a team:

Co-workers must always support one another if and when necessary.
If one notices a mistake made by a co-worker, one must help the co-worker to understand the mistake and to look for a solution.
The experience and skills of a colleague should be seen as an opportunity for growth for younger people and not an obstacle to interpersonal relationships.
Everyone is called on to take responsibility for their work.
We are a team, there are no superstars.

External Relations

Relations with customers

The company through the employee, whether sales or office staff, must always act in accordance with business ethics focused on establishing a relationship of mutual trust with the customer.

Management expects, in managing the relationship with a customer, that in the event of error or non-compliance or inefficiency is promptly remedied. For example, it may happen that you have not done what the customer asked you to do, or done badly or not on time, what the customer requested and it is better not to invent reasons or make excuses, but try to explain the real reasons (no one is infallible, but everyone is responsible their own mistakes).
Never promise more than what can be maintained.
Never introduce the company or the Principals as “the best”.
Never belittle competitors.
Try to meet the customer’s needs as far as possible, but not at the expense of the company.
If a mistake is made, admit it by apologizing to the customer and trying to rectify it immediately, avoiding instead of hiding it.
If a customer makes a mistake to his/her detriment and to our advantage, with realizing it, point it out to him/her.
Do not use unfair sale procedures. If anyone receives “special” request or proposals, they must inform the management immediately.
An effective, linguistically correct, clear written and oral mode of communication is required, in line with the company’s style.
Management encourages the building of healthy and friendly relationships with customers.

Relations with representatives

Representatives are part of the assets of the company, which must act towards them inspired by company ethics and through a relationship of trust and mutual cooperation.
Every employee, regardless of function and role, is incentivized to feel part of the companies represented by promoting them within the scope of their activities.
Represented are ‘suppliers’ but also ‘customers’ and should be treated as such through a relationship based on respect, politeness and the exchange of information to improve service.

Relations with suppliers

Suppliers deserve the same respect that we expect to receive from our customers. The company also through the employee, must always act in accordance with the corporate ethics of establishing a relationship of trust and mutual cooperation with the supplier.

Towards representatives and suppliers, we must behave as follows:

with honesty and loyalty as is expected of group companies.
not pass on confidential information of one supplier/represented company to another.
if a supplier/represented commits a mistake to its detriment and our benefit without realizing it, point it out.
if any supplier/represented proposes unfair practices to favor the purchase/sale of its products, the employee shall immediately inform the management.
pay invoices on time when due, and if for some reason payment has to be delayed, notify the supplier/representative and try to obtain their consent.

Genoa, February 2021