Corporate Social Responsibility

Environmental, Health and Safety

We endeavor to comply with applicable health and safety regulations and other requirements in our operations and minimize the adverse impact of our products and activities on the environment, maintain ecological balance and protect the bio-diversity near our manufacturing plants. Further, we endeavor to ensure the safety of our employees and people working in our manufacturing facilities or under our management. We also comply with the environment, health and safety policy of the Carraro Group which acknowledges health and safety in the workplace and protection of the environment as integral parts of the values and management principles of the Carraro Group. We adopt a reporting process which closely monitors various health and safety parameters in the workplace including incidents, near misses and risks. Results-based assessments of the management systems are regularly performed to promote continuous improvement and for the development of reference standards. In order to ensure maximum attention to environmental issues, our management systems in the driveline manufacturing plant have been updated specifically for compliance with ISO 14001:2015 standards for environmental management systems.

We optimize efficiency to increase performance through digitalized solutions and minimize waste of resources and impact on the environment. The sustainability-oriented management of relations with our customers and suppliers allows us to organize our business responsibly.

Social

We strive for constant innovation to deliver unique value and quality products to customers and extend positive impact in local communities through mutually beneficial partnerships. We comply with various policies developed by the Carraro Group for social accountability including the diversity policy which prohibits discrimination of employees based on race, color, language, gender and other unreasonable grounds and promotes equal treatment and opportunities.

Governance

We adopt various governance policies developed by the Carraro Group, such as (i) the code of ethics which sets out our employees’ ethical duties and responsibilities in the conduct of corporate business and activities, (ii) whistleblowing guidelines to prevent and combat wrongdoing and illegal behaviors and (iii) anti-corruption policy which aims to mitigate the risk of non-compliance with the applicable anti-corruption laws.