In application of the provisions of the Sarbanes - Oxley Act of 2002 that requires the Audit Committee, and therefore for Eni the Board of Statutory Auditors, to introduce adequate procedures concerning the subjects covered by the Act, Procedure 221 of 26 June 2006, "Reports, including anonymous reports, received by Eni and its subsidiaries, both directly and indirectly controlled ", was introduced.
This procedure includes the requirement to set up suitable information channels for receiving, analysing and dealing with reports concerning internal control problems, company information, company administrative responsibility, fraud and other subjects, sent in by employees, members of company bodies and third parties, also in a confidential or anonymous form.
The results of the investigations into the reported cases are then given to the company's top management, the control bodies and to other relevant company departments, with the guarantee that the individuals who sent in the reports will be fully protected.
The increase in the number of reports received during the year through the channels set up in response to the new procedure testifies to the widespread application of the procedure itself, with the consequent collection of all the reports received at a Group level.
Glossary
RSSSubscribe to our feeds
AlertPlease Register to SMS and Mail Alert
HelpFor help with this site click here.
Last updated on 03/09/09