Internal Control and Risk Management System
This system is integrated into Edison's organisational, administrative and accounting and, more generally, corporate governance structure and is based on the guidelines contained in the Corporate Governance Code, taking national and international models and best practices as a reference.
The Internal Control and Risk Management System involves a number of different subjects with specific roles and responsibilities: the Board of Directors, the Managing Director and Director in charge of the Internal Control and Risk Management System, the Control, Risk and Sustainability Committee, the Legislative Decree 231 Supervisory Board, the Board of Statutory Auditors, the Audit Company, and the Internal Audit Department.
Internal Control System
Cultura e condotta dell'impresa
Edison promuove in maniera sistematica la propria cultura di impresa, intesa come l’insieme dei valori, principi e comportamenti condivisi che ne definiscono il proprio agire, mettendo in atto iniziative concrete e politiche che ne guidano l’operatività.
Di seguito sono riportati i documenti e le procedure aziendali finalizzati a promuovere e indirizzare una corretta condotta dell’impresa, tutti elementi fondamentali del Sistema di Controllo Interno e di Gestione dei Rischi.
Organisational Model pursuant to Legislative Decree 231/2001
Edison's Model 231 is a set of general principles, rules of conduct, control tools and organisational procedures, training and information activities and a disciplinary system aimed at preventing the commission of predicate offences, for the purposes of exempting the Company from administrative liability.
Code of Ethics
In line with international best practice, the Code of Ethics defines the Edison Group's founding principles and ethical values, as well as the rules of conduct and rules for the implementation of these principles, and is an integral part of its Model 231.
ISO 37001 Anti-Corruption Guidelines
The Anti-Corruption Guidelines adopted by the Edison Group in accordance with ISO 37001 are part of the Group’s policy of total rejection and opposition to all forms of corrupt conduct, including with reference to operations carried out in the territory of foreign countries.
Whistleblowing System - Reporting
Edison's whistleblowing system governs the procedures for sending, receiving, managing and processing reports received, as well as the persons involved in investigation, in compliance with the protection of the whistleblower and the reported person.
Risk Management System
Enterprise Risk Management (ERM)
Edison's integrated corporate risk management model is inspired by the international principles of Enterprise Risk Management and is characterised by a systematic approach to identifying the company's priority risks, including ESG risks, in order to assess their potential negative effects in advance and undertake appropriate mitigation actions.
The Internal Control and Risk Management System and financial disclosure
Edison, aware of the importance of financial reporting, has adopted an internal system for auditing of its accounts with the aim of guaranteeing the reliability, accuracy, trustworthiness and timeliness of its accounts, in relation to both internal bodies and the market.
The Internal Control and Risk Management System and non-financial disclosure
Edison has adopted a reporting procedure setting forth the rules applicable to the process of drafting non-financial statements with the aim of guaranteeing their completeness, correctness and transparency, as well as their consistency with GRI (Global Reporting Initiative) regulations and standards.