Policy & Certifications

THE ORGANIZATIONAL MODEL PURSUANT TO ITALIAN LEG. DEC. 231/01 AND THE CODE OF ETHICS

In June 2015 the Board of Directors of Turboden approved the first release of the Organization, Management & Control Model, pursuant to the Italian Legislative Decree 231/01 on “administrative liability” of legal entities. Turboden’s Organization Model is an effective tool to prevent the risk of crime commission by individuals who act on behalf of the Company and is a suitable system to aid the business management creating and protecting the value of the Company.

The Code of Ethics is a fundamental part of the Organizational Model, being a document that contains the ethical principles that inspire the daily business and corporate activities, for the reliability and the positive reputation of the Company. Turboden Code of Ethics is based on the MHI Group Code of Conduct (see below) to which Turboden adheres, too. By adopting the Model, the Board of Directors also appointed the Supervisory Body (“Organismo di Vigilanza”) pursuant to Leg. Dec. 231/01 to monitor the effective observance, adequacy and update of the Organizational Model. Turboden invites You all to comply with all applicable laws, rules and the principles described into the Model and in the Code of Ethics and to report to the Supervisory Body (“Organismo di Vigilanza”) any violations or non-compliant behaviours that You may detect, by using the following email address: odv231@turboden.it

Find below a copy of the General Section of the Model, the Code of Ethics and the Anticorruption Policy of Turboden.

MHI Group Global Code of Conduct
As a MHI Group Company, Turboden adheres and complies with the MHI Group Global Code of Conduct (first edition May 2015). The Code of Conduct describes how MHI employees should conduct themselves. Please, read it here: MHI Code of Conduct (multiple translations available).

ISO 9001:2015 CERTIFICATION

Turboden pursues the full satisfaction of the communities that benefit from the generated energy, its customers, employees, suppliers and shareholders by providing reliable, efficient and safe turbogenerators and related after-sales services. Technological innovation, respect for the environment and continuous improvement are the cornerstones of our daily work (Turboden Quality Policy, 14th June 2016). According to this policy Turboden has implemented its Quality Management System according to ISO 9001 and certified it with the prestigious notified body Lloyd's Register Quality Assurance (LRQA).

TURBODEN AND THE ENVIRONMENT

Turboden activity is intimately connected to environment protection, because:

1

Turboden plants generate electric energy from renewable sources otherwise difficult to exploit, such as low-temperature geothermal water.

2

By not using fossil fuels to produce this electricity, Turboden contributes significantly to the global struggle against global warming by decreasing CO2 emissions.

3

Most of Turboden units are employed for cogeneration, generating both electricity and heat for local use, allowing a very efficient use of the available energy.

4

Particular care is given to the selection of safe and environmentally friendly working fluids.

5

Water consumption is normally avoided by utilising closed-circuit systems.

6

Turboden units are mostly made of metal, and at the end of their long operating life machines are simply scrapped and recycled.

Turboden care for the environment doesn't stop at the product level as the company implements an Environment Health & Safety Management System (EH&S), which aims at minimizing the risk of accidents to protect the workers' health and prevent environment pollution.