The Code of Ethics of Angelini Industries

Part Three

Our engagement vs stakeholders

We build and define relationships with all stakeholders based on sharing the ethical principles that inspire us.

Our commitments to Stakeholders are inspired by our vision of sustainable growth for all.

Respect for and protection of the environment, support for people and for communities, balanced economic growth: these are the three imperatives which guide our actions, the shared standards of conduct which underpin our relationships and the commitments to our stakeholders.

We identify and group our Stakeholders into five different categories: People, Society, Market, Shareholders, and Territories and Communities.

Defining our commitments towards these parties, in consideration of the specific role of each, helps us to make decisions in line with the ethical principles that the group has set for itself.


All of us who, regardless of our contractual conditions or the legal nature of our relationship, are engaged in a working relationship with the group for the purpose of achieving corporate goals and objectives.


All parties who hold shares in the group, who manage it and direct its activities.


This group includes all stakeholders who play, in one role or another, a key part in the proper functioning, reputation and development of our group and who expect us to create sustainable growth and value in addition to demanding the maximum quality from our products.


All the third parties who, individually or as part of a value chain, provide us with the resources we need to conduct activities and provide services, sharing our comprehensive approach to sustainability and working with us to achieve common goals.

Territories and Communities

By “territory and community” we do not simply mean a physical, geographical location, nor a sociological concept. These are the places where we have our roots, where we live and work, and where our children too will live and grow up. They are places where we can create sustainable growth for all and opportunities for new generations.