In selecting our business partners, ethical, social and environmental issues have become increasingly important for the Company.
In order to ensure adequate transparency of procurement processes and guarantee the utmost reliability of strategic supplies, Italo has defined an internal process for selecting and qualifying suppliers. The e-procurement portal that reports on the financial soundness and creditworthiness of suppliers has also been updated; this is an important element for maintaining business continuity, as well as the relevant certifications held by business partners. This information is obtained via an ad hoc survey administered to suppliers during the selection phase, which also requires the disclosure of certifications related to environmental performance, energy efficiency, quality and safety, the health and safety management system, waste management and ethics. Moreover, during the selection phase, and via special contractual clauses, suppliers are required to comply with Italo’s Organisational, Management and Control Model and the Code of Ethics. The contracts also allow Italo to carry out on-site inspections to verify the stated information.