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The Carlo Gavazzi Group

Company

Sustainability and Ethics

The Carlo Gavazzi Group is fully committed to contributing to the development of a more sustainable world. Following a double materiality assessment, various ESG (environmental, social, and governance) targets have been set, and long-term strategies are in place to achieve these goals.

ESG Policy

At Carlo Gavazzi Group we are committed to integrating Environmental, Social, and Governance (ESG) considerations into our business strategy, operations, and decision-making processes. We believe that responsible corporate behavior is essential to building a sustainable and successful business and to creating long-term value for our stakeholders.

Supplier Code of Conduct

This document summarizes all the principles and values that must guide the behavior of Carlo Gavazzi Group’s Suppliers. Carlo Gavazzi Group encourages its suppliers to transfer the same principles upstream in their supply chain by committing to the content outlined herein.

Code of Conduct

Our Code of Conduct applies globally to all employees, managers, officers, directors, and consultants of wholly owned affiliates, subsidiaries, or any entities where Carlo Gavazzi holds a majority ownership interest or exerts effective control. This Code provides a consistent framework for ethical conduct in our interactions with clients, our employees, business partners, and communities. We also expect our business partners to uphold ethical standards that align with our Code of Conduct.

Sustainability Report

This Sustainability Report provides an overview of Carlo Gavazzi’s sustainability performance for this reporting period and highlights the Company’s commitment to a responsible business model in the environmental, social and governance (ESG) areas.