A new important milestone for Industrial Technical Tools SpA, as regards the certification of its business model.
For 2023, ITT has in fact obtained the “2 stars ⭐⭐” score and has been included in the public list of companies evaluated by the AGCM, the Italian Competition Authority (independent administrative authority, established by “The Competition and Fair Trading Act” of 1990, which introduced the antitrust rules in Italy).
The legality rating is a summary indicator of companies’ compliance with high legality standards and the degree of attention paid to correct company management.
It consists in assigning a score, based on the level of compliance with the requirements, which are partly regulatory and partly non-regulatory. The attribution of a score higher than the first star depends on the number of bonus requirements met, including, for example, adherence to legality protocols, the adoption of a payment traceability system, the presence of proven systems of Responsibility Corporate Social, enrollment in the white list of suppliers.
This recognition is an important signal that encourages us to work with even greater commitment in this direction, aiming to further improve our rating in the coming months.