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Governance

We are inspired by principles of transparency, reliability and loyalty that are a full-fledged part of our capital as well as the cornerstones of our competitiveness. The Group fully complies with these principles, accepting, sharing and applying them to every level, without distinctions or exceptions; and adopts the highest standards in the management of its activities in all the contexts in which it operates.

These are the grounds on which the Code of Ethics has been adopted. (download Code of Ethics

THE ORGANIZATION AND MANAGEMENT MODEL according to Italian Law D.Lgs.231/2001

FOMAS S.p.A. ASFO S.p.A. HOT ROLL S.r.l. MIMETE S.r.l.

 

Whistleblowing Policy

FOMAS Group provides several channels through which all the Stakeholders can report, confidentially and, if desired, anonymously, potentially inappropriate conduct, misconduct or alleged violation of the principles expressed in the Code of Ethics, the Organizational Model D. Lgs. 231/2001 (if applicable), in the Group policies and procedures and, in general, potential violations of laws or regulations:

  1. the digital platform is a tool that enables communication, confidentially and with a simple form, potentially irregular activities and the behavior that could lead to a violation;
  2. by sending an e-mail to the Code of Ethics Committee account (ethicscommittee@fomasgroup.com) specifying the company where the violation or alleged violation occurred;
  3. by sending a certified mail address to the Supervisory Board: whistleblowingfomas@legalmail.it, attaching the appropriate form in Annex 2 (if applicable under local law);
  4. by postal mail to the address: FOMAS S.p.A., 17, Via Martiri della Liberazione - 23875 Osnago - Italy, specifying as recipient "Ethics Committee of FOMAS Group".

Access to the digital platform: https://fomasgroup.integrityline.com/

More information can be found in the FOMAS Group Whistleblowing Policy.


Conflict Minerals

FOMAS Group constantly ensures that the supply of the minerals and metals contained in its products is carried out in a responsible manner, in compliance with the provisions and obligations established by the Section 1502 of the "Dodd-Frank Act" and by the EU regulation 2017/821 to counter the use of so-called "conflict minerals". By "conflict minerals" we mean those minerals, such as tin, tungsten, tantalum and gold, extracted under conditions of exploitation and violation of human rights and whose trade could directly or indirectly finance the purchase of weapons used in war conflicts.

FOMAS Group - Conflict minerals policy and statement

 

Corporate Sustainability

FOMAS Group recognizes the impact of its business activities on the environment and social communities. As part of FOMAS GROUP’s commitment to corporate sustainability in our operations, including the activities performed by our Business Partners, FOMAS GROUP Companies have in place policies and procedures that require compliance with the FOMAS GROUP Code of Ethics and Sustainability Policy.
The goal is to create positive environmental and societal impact, minimizing the negative impact of its operations on stakeholders. Strategy, targets, and objectives are formally discussed, reviewed, and approved by the Sustainability Committee and the Board of Directors.

FOMAS Group is committed to safeguarding and promoting respect for fundamental human and labour rights across all spheres where we have an influence, in particular among our employees and our contractual partners. 

FOMAS Group - Human Rights Policy

2022 Sustainability Report

Bilancio di Sostenibilità 2022

2019 - 2020 - 2021 Sustainability Profile

Profilo di Sostenibilità 2019 - 2020 - 2021

CORPORATE CITIZENSHIP  

FOMAS Group - Sustainability Policy 

FOMAS Group - AML and Sanctions Policy

We are proud to inform that since April 2023 we are part of the UN Global  Italian network.