Group’s values and operating philosophy

Corporate mission: Code of Ethics

Gruppo Editoriale L’Espresso S.p.A. performs its activity in the field of communication, dealing with some crucial aspects of people’s both private and public life, of social and environmental as well as political and economic issues. Its media (daily newspapers, magazines, radio, television, and Internet sites) operate in compliance with the principles and provisions through which full independence, accuracy and in-depth analyses of the news are granted, for the sake of truth. The information they produce is free from whatever constraints, and respectful of people. Hence the citizen-reader is definitely a crucial figure within the ensemble of people who constitute the basis for the Group’s activity.
In 2003, Gruppo Editoriale L’Espresso S.p.A. and its direct or indirect Subsidiaries, pursuant to art. 2359 of the Italian Civil Code (hereinafter jointly “Group”), have adopted a Code of Ethics which defines the cornerstone principles binding on the Group’s operators and collaborators.
This Code of Ethics has been updated with data inflow from all the Group’s companies, aiming at adopting the new “Linee Guida per la costruzione dei Modelli di Organizzazione, Gestione e Controllo ex D.Lgs. 231/2001” (Guidelines” to draw up Organization, Management and Control Models pursuant to Legislative Decree 231/2001), issued by Confindustria and providing a new interpretation of the rules governing the Bodies’ administrative responsibilities.
The Code of Ethics basically aims at identifying the rights-holders and duty-bearers involved in the implementation of the Company’s business and management activities: shareholders, managers, staff, collaborators, readers, clients, suppliers, and business partners. All these people are called “Stakeholders”. The Code also refers to a more extended range of stakeholders, such as the local communities and their institutional authorities and representatives.
The Code of Ethics has been supplemented with the approval and enforcement of “Modello di organizzazione, gestione e controllo, redatto in conformità del D.lgs. 231/2001” an Organization, Management and Control Model, drafted in compliance with Legislative Decree 231/2001. The entire Group’s staff must comply with the legal and procedural framework outlined in the abovementioned Model, which contains a set of provisions and procedures strictly and logically integrated with the Code of Ethics. The Organismo di Vigilanza, (Monitoring Body) was constituted to operate in this framework – pursuant to the abovementioned decree - aimed to ensure that all the operating procedures be adequately monitored to attain complete implementation and effectiveness.
 

Report on Corporate Social Responsability that represents the achievements on the issue by the Group.