Model 231

The guiding principles of our organisation in managing corporate activities.

The main principles

Italian Legislative Decree no. 231 of 8 June 2001 introduced into Italian law a system wherein entities – including corporations – are liable for certain crimes committed by directors, managers, or employees in the interest or to the advantage of the entity.

Implementation of the organisation model

UPM MODENA S.p.A. has adopted its own Organisational Model, with the aim of building a structured and organic system of guiding principles, operating procedures and other specific safeguards inspired by sound business management criteria and, in turn, aimed at preventing the commission of the crimes set out in the Decree.

The supervisory board

UPM MODENA S.p.A. has entrusted a Supervisory Board (composed of two members from outside the Company and one internal member) with the task of monitoring compliance with the provisions of the Organisational Model, verifying their actual effectiveness and assessing the need for any updates. The Oversight Body was established on May 23, 2022.