ethics
COMPLIANCE AND ETHICS
Festina group's code of ethics
The FESTINA GROUP's Code of Ethics establishes and determines our values and principles, as well as the conduct and behaviour that should be promoted and those that should be avoided by all members of our Organisation in the performance of their activities. It is the main and highest-level regulatory instrument within the Group's regulatory structure, which means that its principles and guidelines for action are developed in the Group's internal policies, rules and procedures.
Festina group's information channel
In compliance with the provisions of EU Directive 2019/1937 on the Protection of Whistleblowers and its Implementing Regulations, FESTINA GROUP has a communication software application, the Ethics Channel, which complies with the criteria of confidentiality of information and data protection and allows anonymous reporting.
Sustainability, recycling and product disposal
Sustainability is based on the principle of ensuring the needs of the present without compromising the needs of future generations, always without sacrificing environmental protection, economic growth and social development.
FESTINA GROUP manages hazardous components appropriately and supports the recovery and reuse of materials through recycling. In this context, it complies with all obligations related to Extended Producer Responsibility (EPR).
You can access the FESTINA GROUP's Sustainability Policy by clicking on the following link.
FESTINA GROUP's Sustainability Policy
Extended Producer Responsibility (EPR) is a regulation that governs the responsibility of manufacturers for the products they place on the market. In this context, FESTINA GROUP, through its participation in various collective extended producer responsibility schemes (EPR) in the markets in which it operates, finances the collection, recycling and end-of-life disposal of its products and of its electrical and electronic waste, batteries, accumulators and packaging and other EPR product categories.
On the other hand, as a sign of our involvement in this area, FESTINA GROUP has developed its own initiative, the "REWATCH Programme", through which incentives are provided for the recycling of watchmaking products, using the chain of TIME ROAD shops belonging to the Group.
Please click on the following link to access the "REWATCH Programme".
REWATCH ProgrammeEquality, diversity and inclusion policy
FESTINA GROUP has established a Policy that aims to establish commitments, principles and a framework for action to ensure equal opportunities, non-discrimination, optimal diversity of our workforce and the inclusion of our professionals.
In the following link, you can access FESTINA GROUP's Equality, Diversity and Inclusion Policy.
FESTINA GROUP's Equality, Diversity and Inclusion PolicyStatement of non-financial information
The Statement of Non-Financial Information (SNFI) is an annual report that sets out information relevant to all stakeholders on the impact of an organisation's performance on five core issues: Environmental, Social, Human Rights, Employees and Anti-Corruption.