The substantial revision of both the contents and the role of the Ethics Code, since 2000, was dictated by the need to add-on value-based content to the pre-established and prevalently rule-based content, based on the Company’s and the stakeholders’ mutual commitments, seeking to guide its target audience towards adopting decision-making criteria and behaviours based on a self-driven and responsible implementation of a nucleus of shared ethical principles.
The Ethics Code seeks to highlight our entrepreneurship style to our audience, so that when involved in related decision-making and operational contexts, a certain degree of discretion can be used, guided towards delivery models inspired by the fundamental nucleus of corporate values, potentially resulting in the equal distribution of costs and benefits across the Company and stakeholders (so called ethical dilemmas).
CLASSIFICATION OF THE ETHICS SYSTEM STATEMENT
| Code of conduct | Vision, values and principles | |
|---|---|---|
| NATURE | Self Regulation Code | Strategic Policy |
| OBJECTIVE | Sets out the conduct rules to ensure regulatory compliance in the execution of employment, company offices and contracts. | Identify the decision-making values and principles which the company aspires to and undertakes to consistently preserve in pursuing its mission. |
| CONTENTS | Prohibitions and obligations Indicates individual conduct principles: (correctness, integrity, fairness, diligence, etc.) |
Factors supporting the creation of value over the long-term:
|
FROM MISSION TO THE ETHICAL VISION
| Mission | Ethical vision |
|---|---|
| The mission of the SEA Group is to create value for all parties directly involved in Group activities: shareholders, customers and employees. | SEA recognises its value creation processes as unique
and distinctive features:
|
| This is achieved through providing services and solutions which serve the growing demands of the market, ranging from passengers to airlines, airport operators and the commercial partners at Malpensa and Linate airports. The airport infrastructures managed by SEA ensure air access to the major international destinations for a large number of users and are located in one of the most developed catchment areas in Europe - providing a key hub for economic growth in the North Italy region as a whole. | In pursuit of this aspect of value generation, SEA undertakes an approach to managing services centered on cultivating professional excellence, the consolidation and gradual extension of merit-based criteria in assigning organisation roles and responsibilities and in building a team spirit which inspires a cooperative vision and common solutions, both within the “company system” and in terms of general relations. |
| The services provided by the SEA Group are guaranteed by the management and development of secure and cutting-edge infrastructure, placing a central focus on the development of the host community and environmental protection. | SEA identifies the lynchpins of this business philosophy as the development of relations, both internal to the organisation and between the organisation and its stakeholders, based on the concrete exercise of respect, transparency and cooperation. |