The Italian Competition Authority (Autorità Garante della Concorrenza e del Mercato or AGCM) gives IGD a three-star Legality Rating

IGD – Immobiliare Grande Distribuzione SIIQ S.p.A. is pleased to announce that on 6 September 2016 the company obtained a Legality Rating of three stars from the Italian Competition Authority (“AGCM”), the maximum score awarded for this type of rating.

The Legality Rating, promoted by the Italian Competition Authority (Autorità Garante della Concorrenza e del Mercato or AGCM) in conjunction with the Ministry of Justice and the Interior, is part of a reward system for companies that comply with the law, and structure their organizations and entrepreneurial activities accordingly, in order to prevent market abuse and increase competition. This rating is also a prerequisite to obtaining public funds and bank credit at better conditions.

IGD will, therefore, be included in the list of companies with a Legality Rating that is found on AGCM’s website. The rating is valid for two years from the issue date and may be renewed upon request.

This rating is confirmation and recognition of IGD’s commitment to meeting the highest standards for ethical business management, social responsibility, as well as governance, and, in general, confirms the key role that integrity plays in business and management.  It is one of the five issues included in the Group’s Sustainability strategy that is considered to have a substantial impact on business performance.

For more information on IGD’s strategies for sustainability and the relative implementation please refer to the section “Sustainability” found on the website www.gruppoigd.it

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