THE NEW ACEA CODE OF ETHICS Acea’s Internal Control and Risk Management System (SCIGR), an essential element of the Group’s corporate governance structure, consists of a set of rules, policies, procedures and organisational structures whose objectives are: · identify the risks that can affect the pursuit of the objec tives defined by the Board of Directors; · encourage the taking of conscious decisions that are con sistent with the company’s objectives, within the framework of a widespread knowledge of the risks and the level of propensity for them established by the Board of Directors, legality and company values; · safeguard the company’s assets, the efficiency and effectiveness of its processes, the reliability of the information provided to corporate bodies and the market and compliance with internal and external regulations.