ETHICAL CODE

KoKFisK has the mission of “accompanying changes, creating bridges for the digitization of services to citizens”, oriented towards the market and the quality of services, with the aim of creating value for investors, of satisfying customers and to enhance all the people who work there.

KoKFisK aspires to maintain and develop the relationship of trust with its stakeholders, that is, with those categories of individuals, groups or institutions whose contribution is required to carry out the mission of KoKFisK or who still have an interest at stake in its pursuit.

Stakeholders are those who make investments connected to the activities of KoKFisK, first of all the Members and, therefore, the collaborators, customers, suppliers and business partners. In a broader sense, stakeholders are also all those individuals or groups, as well as the organizations and institutions that represent them, whose interests are influenced by the direct and indirect effects of KoKFisK activities: this includes the local and national communities in which KoKFisK operates, environmental associations, future generations, etc…

In conducting business, unethical behavior compromises the relationship of trust between KoKFisK and its stakeholders. They are not ethical, and they encourage the taking of hostile attitudes towards the company, the behaviors of anyone, individual or organization, seeking to appropriate the benefits of the collaboration of others, exploiting positions of strength.

A good reputation is an essential intangible resource. The good reputation outside favors the investments of the Members, the loyalty of the customers, the attraction of the best human resources, the serenity of the suppliers, the reliability towards the creditors. Internally, it helps to make and implement decisions without frictions and to organize work without bureaucratic checks and excessive exercises of authority. Given that the code of ethics clarifies the particular duties of KoKFisK towards stakeholders (fiduciary duties), its effective observance is proposed as a comparison by which to judge the KoKFisK reputation. The ethical code is therefore constituted:

1. by the general principles on relations with stakeholders , which define in an abstract way the reference values in the activities of KoKFisK;
2. from the criteria of conduct towards each class of stakeholders, which specifically provide the guidelines and rules which KoKFisK collaborators are required to comply with in order to respect the general principles and to prevent the risk of unethical behavior;
3. by the implementation mechanisms, which describe the control system for compliance with the code of ethics and for its continuous improvement.

This code is based on an ideal of cooperation in view of a mutual advantage of the parties involved, respecting the role of each. KoKFisK therefore requires that each stakeholder act towards him according to principles and rules inspired by a similar idea of ethical conduct.

The code of ethics applies to KoKFisK and to the companies controlled by it, and is consequently binding on the behavior of all its collaborators. Furthermore, KoKFisK requires all associated or investee companies and the main suppliers to conduct in line with the general principles of this code. This ethical code is valid both in Italy and abroad, even in consideration of the cultural, social and economic diversity of the various countries in which KoKFisK operates or will go to operate.

(*) In the following, within the Ethical Code, they will be indicated with “KoKFisK“, KoKFisK SGP s.r.l. and all the companies controlled by it, directly and/or indirectly.