{"id":2309,"date":"2024-05-24T14:28:56","date_gmt":"2024-05-24T14:28:56","guid":{"rendered":"https:\/\/www.renovalo.it\/?page_id=2309"},"modified":"2025-12-16T10:24:43","modified_gmt":"2025-12-16T10:24:43","slug":"codice-etico","status":"publish","type":"page","link":"https:\/\/www.renovalo.it\/en\/investor-relations\/codice-etico\/","title":{"rendered":"Ethical Code"},"content":{"rendered":"<div data-elementor-type=\"wp-page\" data-elementor-id=\"2309\" class=\"elementor elementor-2309\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-066c561 elementor-section-height-min-height elementor-section-boxed elementor-section-height-default elementor-section-items-middle wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no wpr-column-slider-no wpr-equal-height-no\" data-id=\"066c561\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-26a4453\" data-id=\"26a4453\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1f23887 elementor-widget elementor-widget-wpr-breadcrumbs-pro\" data-id=\"1f23887\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"wpr-breadcrumbs-pro.default\">\n\t\t\t\t\t<div class=\"wpr-post-breadcrumbs\"><ul class=\"wpr-breadcrumbs\"><li><a href=\"https:\/\/www.renovalo.it\/en\">Home<\/a><\/li><li>&gt;<\/li><li>Ethical Code<\/li><\/ul><\/div>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-25d8223 wpr-fancy-text-push wpr-advanced-text-style-animated wpr-advanced-text-layout-inline elementor-widget elementor-widget-wpr-advanced-text\" data-id=\"25d8223\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;none&quot;,&quot;_animation_delay&quot;:100}\" data-widget_type=\"wpr-advanced-text.default\">\n\t\t\t\t\t\n\t\t<h1 class=\"wpr-advanced-text\">\n\n\t\t\t\t\t\n\t\t\t\t\t\t\t<span class=\"wpr-advanced-text-preffix\">Investor<\/span>\n\t\t\t\n\t\t<span class=\"wpr-anim-text wpr-anim-text-type-push\" data-anim-duration=\"1000,2000\" data-anim-loop=\"\">\n\t\t\t<span class=\"wpr-anim-text-inner\">\n\t\t\t\t\t\t\t\t\t<b>Relations<\/b>\n\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/span>\n\n\t\t\t\t\n\t\t<\/h1>\n\t\t\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b93a870 elementor-widget elementor-widget-text-editor\" data-id=\"b93a870\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<h4>Transparency and value for your investments<\/h4>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t<div class=\"elementor-element elementor-element-4ba02773 e-con-full e-flex wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no wpr-column-slider-no wpr-equal-height-no e-con e-parent\" data-id=\"4ba02773\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-413b8b98 elementor-widget elementor-widget-text-editor\" data-id=\"413b8b98\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>MANAGEMENT - PROCESS - RULES<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-18015a0f elementor-widget elementor-widget-heading\" data-id=\"18015a0f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">GOVERNANCE<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7c8d0159 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"7c8d0159\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-167f7a26 e-con-full e-flex wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no wpr-column-slider-no wpr-equal-height-no e-con e-parent\" data-id=\"167f7a26\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t<div class=\"elementor-element elementor-element-1ca3a788 e-con-full e-flex wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no wpr-column-slider-no wpr-equal-height-no e-con e-child\" data-id=\"1ca3a788\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-bfc8ec2 elementor-hidden-desktop elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"bfc8ec2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2b09ac95 elementor-widget elementor-widget-heading\" data-id=\"2b09ac95\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">GOVERNANCE<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3a29e811 wpr-pointer-background wpr-nav-menu-bp-none wpr-main-menu-align--mobilecenter wpr-main-menu-align-left wpr-main-menu-align--tabletleft wpr-pointer-background-fx wpr-pointer-fx-fade wpr-sub-icon-caret-down wpr-sub-menu-position-inline wpr-sub-menu-fx-fade wpr-mobile-menu-full-width wpr-sub-divider-yes elementor-widget elementor-widget-wpr-nav-menu\" data-id=\"3a29e811\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;menu_layout&quot;:&quot;vertical&quot;}\" data-widget_type=\"wpr-nav-menu.default\">\n\t\t\t\t\t<nav class=\"wpr-nav-menu-container wpr-nav-menu-vertical\" data-trigger=\"hover\" data-consider-header=\"\" data-scroll-speed=\"500\"><ul id=\"menu-1-3a29e811\" class=\"wpr-nav-menu\"><li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2177\"><a href=\"https:\/\/www.renovalo.it\/en\/investor-relations\/\" class=\"wpr-menu-item wpr-pointer-item\">Corporate Bodies<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2291\"><a href=\"https:\/\/www.renovalo.it\/en\/investor-relations\/documenti\/\" class=\"wpr-menu-item wpr-pointer-item\">Documents<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2321\"><a href=\"https:\/\/www.renovalo.it\/en\/investor-relations\/internal-dealing\/\" class=\"wpr-menu-item wpr-pointer-item\">Internal Dealing<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2320\"><a href=\"https:\/\/www.renovalo.it\/en\/investor-relations\/codice-etico\/\" class=\"wpr-menu-item wpr-pointer-item\">Ethical Code<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2319\"><a href=\"https:\/\/www.renovalo.it\/en\/investor-relations\/modello-231\/\" class=\"wpr-menu-item wpr-pointer-item\">231 Model<\/a><\/li>\n<\/ul><\/nav><nav class=\"wpr-mobile-nav-menu-container\"><div class=\"wpr-mobile-toggle-wrap\"><div class=\"wpr-mobile-toggle\"><span class=\"wpr-mobile-toggle-text\"><\/span><span class=\"wpr-mobile-toggle-text\"><\/span><\/div><\/div><ul id=\"mobile-menu-2-3a29e811\" class=\"wpr-mobile-nav-menu\"><li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2177\"><a href=\"https:\/\/www.renovalo.it\/en\/investor-relations\/\" class=\"wpr-mobile-menu-item\">Corporate Bodies<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2291\"><a href=\"https:\/\/www.renovalo.it\/en\/investor-relations\/documenti\/\" class=\"wpr-mobile-menu-item\">Documents<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2321\"><a href=\"https:\/\/www.renovalo.it\/en\/investor-relations\/internal-dealing\/\" class=\"wpr-mobile-menu-item\">Internal Dealing<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2320\"><a href=\"https:\/\/www.renovalo.it\/en\/investor-relations\/codice-etico\/\" class=\"wpr-mobile-menu-item\">Ethical Code<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2319\"><a href=\"https:\/\/www.renovalo.it\/en\/investor-relations\/modello-231\/\" class=\"wpr-mobile-menu-item\">231 Model<\/a><\/li>\n<\/ul><\/nav>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6fe907e6 elementor-widget elementor-widget-heading\" data-id=\"6fe907e6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">INVESTOR RELATIONS<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3d287204 wpr-pointer-background wpr-nav-menu-bp-none wpr-main-menu-align--mobilecenter wpr-main-menu-align-left wpr-main-menu-align--tabletleft wpr-pointer-background-fx wpr-pointer-fx-fade wpr-sub-icon-caret-down wpr-sub-menu-position-inline wpr-sub-menu-fx-fade wpr-mobile-menu-full-width wpr-sub-divider-yes elementor-widget elementor-widget-wpr-nav-menu\" data-id=\"3d287204\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;menu_layout&quot;:&quot;vertical&quot;}\" data-widget_type=\"wpr-nav-menu.default\">\n\t\t\t\t\t<nav class=\"wpr-nav-menu-container wpr-nav-menu-vertical\" data-trigger=\"hover\" data-consider-header=\"\" data-scroll-speed=\"500\"><ul id=\"menu-1-3d287204\" class=\"wpr-nav-menu\"><li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2347\"><a href=\"https:\/\/www.renovalo.it\/en\/investor-relations\/calendario-eventi-societari\/\" class=\"wpr-menu-item wpr-pointer-item\">Corporate events calendar<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2401\"><a href=\"https:\/\/www.renovalo.it\/en\/investor-relations\/comunicati-stampa-finanziari\/\" class=\"wpr-menu-item wpr-pointer-item\">Financial press releases<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2517\"><a href=\"https:\/\/www.renovalo.it\/en\/investor-relations\/bilanci-e-relazioni\/\" class=\"wpr-menu-item wpr-pointer-item\">Budgets and Reports<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2724\"><a href=\"https:\/\/www.renovalo.it\/en\/sostenibilita\/\" class=\"wpr-menu-item wpr-pointer-item\">Sustainability<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2529\"><a href=\"https:\/\/www.renovalo.it\/en\/investor-relations\/assemblee\/\" class=\"wpr-menu-item wpr-pointer-item\">Conferences<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2535\"><a href=\"https:\/\/www.renovalo.it\/en\/investor-relations\/informazioni-per-gli-azionisti\/\" class=\"wpr-menu-item wpr-pointer-item\">Information for shareholders<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2575\"><a href=\"https:\/\/www.renovalo.it\/en\/investor-relations\/presentazioni\/\" class=\"wpr-menu-item wpr-pointer-item\">Presentations<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-4108\"><a href=\"https:\/\/www.renovalo.it\/en\/investor-relations\/analyst-coverage\/\" class=\"wpr-menu-item wpr-pointer-item\">Analyst Coverage<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2618\"><a href=\"https:\/\/www.renovalo.it\/en\/investor-relations\/ipo\/\" class=\"wpr-menu-item wpr-pointer-item\">IPO<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2785\"><a href=\"https:\/\/www.renovalo.it\/en\/investor-relations\/contatti-investor-relations\/\" class=\"wpr-menu-item wpr-pointer-item\">Contacts<\/a><\/li>\n<\/ul><\/nav><nav class=\"wpr-mobile-nav-menu-container\"><div class=\"wpr-mobile-toggle-wrap\"><div class=\"wpr-mobile-toggle\"><span class=\"wpr-mobile-toggle-text\"><\/span><span class=\"wpr-mobile-toggle-text\"><\/span><\/div><\/div><ul id=\"mobile-menu-2-3d287204\" class=\"wpr-mobile-nav-menu\"><li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2347\"><a href=\"https:\/\/www.renovalo.it\/en\/investor-relations\/calendario-eventi-societari\/\" class=\"wpr-mobile-menu-item\">Corporate events calendar<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2401\"><a href=\"https:\/\/www.renovalo.it\/en\/investor-relations\/comunicati-stampa-finanziari\/\" class=\"wpr-mobile-menu-item\">Financial press releases<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2517\"><a href=\"https:\/\/www.renovalo.it\/en\/investor-relations\/bilanci-e-relazioni\/\" class=\"wpr-mobile-menu-item\">Budgets and Reports<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2724\"><a href=\"https:\/\/www.renovalo.it\/en\/sostenibilita\/\" class=\"wpr-mobile-menu-item\">Sustainability<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2529\"><a href=\"https:\/\/www.renovalo.it\/en\/investor-relations\/assemblee\/\" class=\"wpr-mobile-menu-item\">Conferences<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2535\"><a href=\"https:\/\/www.renovalo.it\/en\/investor-relations\/informazioni-per-gli-azionisti\/\" class=\"wpr-mobile-menu-item\">Information for shareholders<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2575\"><a href=\"https:\/\/www.renovalo.it\/en\/investor-relations\/presentazioni\/\" class=\"wpr-mobile-menu-item\">Presentations<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-4108\"><a href=\"https:\/\/www.renovalo.it\/en\/investor-relations\/analyst-coverage\/\" class=\"wpr-mobile-menu-item\">Analyst Coverage<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2618\"><a href=\"https:\/\/www.renovalo.it\/en\/investor-relations\/ipo\/\" class=\"wpr-mobile-menu-item\">IPO<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2785\"><a href=\"https:\/\/www.renovalo.it\/en\/investor-relations\/contatti-investor-relations\/\" class=\"wpr-mobile-menu-item\">Contacts<\/a><\/li>\n<\/ul><\/nav>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4ecfee0c elementor-widget elementor-widget-heading\" data-id=\"4ecfee0c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">MEDIA<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2c3ed2a5 wpr-pointer-background wpr-nav-menu-bp-none wpr-main-menu-align--mobilecenter wpr-main-menu-align-left wpr-main-menu-align--tabletleft wpr-pointer-background-fx wpr-pointer-fx-fade wpr-sub-icon-caret-down wpr-sub-menu-position-inline wpr-sub-menu-fx-fade wpr-mobile-menu-full-width wpr-sub-divider-yes elementor-widget elementor-widget-wpr-nav-menu\" data-id=\"2c3ed2a5\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;menu_layout&quot;:&quot;vertical&quot;}\" data-widget_type=\"wpr-nav-menu.default\">\n\t\t\t\t\t<nav class=\"wpr-nav-menu-container wpr-nav-menu-vertical\" data-trigger=\"hover\" data-consider-header=\"\" data-scroll-speed=\"500\"><ul id=\"menu-1-2c3ed2a5\" class=\"wpr-nav-menu\"><li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-4114\"><a href=\"https:\/\/www.renovalo.it\/en\/investor-relations\/news\/\" class=\"wpr-menu-item wpr-pointer-item\">News \/ Comunicati Stampa<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-4139\"><a href=\"https:\/\/www.renovalo.it\/en\/investor-relations\/rassegna-stampa\/\" class=\"wpr-menu-item wpr-pointer-item\">Press Review<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-4155\"><a href=\"https:\/\/www.renovalo.it\/en\/investor-relations\/press-kit\/\" class=\"wpr-menu-item wpr-pointer-item\">Press KIT<\/a><\/li>\n<\/ul><\/nav><nav class=\"wpr-mobile-nav-menu-container\"><div class=\"wpr-mobile-toggle-wrap\"><div class=\"wpr-mobile-toggle\"><span class=\"wpr-mobile-toggle-text\"><\/span><span class=\"wpr-mobile-toggle-text\"><\/span><\/div><\/div><ul id=\"mobile-menu-2-2c3ed2a5\" class=\"wpr-mobile-nav-menu\"><li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-4114\"><a href=\"https:\/\/www.renovalo.it\/en\/investor-relations\/news\/\" class=\"wpr-mobile-menu-item\">News \/ Comunicati Stampa<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-4139\"><a href=\"https:\/\/www.renovalo.it\/en\/investor-relations\/rassegna-stampa\/\" class=\"wpr-mobile-menu-item\">Press Review<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-4155\"><a href=\"https:\/\/www.renovalo.it\/en\/investor-relations\/press-kit\/\" class=\"wpr-mobile-menu-item\">Press KIT<\/a><\/li>\n<\/ul><\/nav>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-31298ad e-flex e-con-boxed wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no wpr-column-slider-no wpr-equal-height-no e-con e-child\" data-id=\"31298ad\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7957572 elementor-widget elementor-widget-heading\" data-id=\"7957572\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Ethical Code<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-38624760 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"38624760\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-28bedbf0 wpr-button-icon-style-block wpr-button-icon-position-right elementor-widget elementor-widget-wpr-button\" data-id=\"28bedbf0\" data-element_type=\"widget\" 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