Ethics & Compliance

Committed to the highest ethical standards

Ethical behaviour is the cornerstone of our success and a fundamental aspect of our corporate culture.
Ingmar Wilhelm
Ingmar Wilhelm Co-founder & CEO
Team collaboration

Our Principles

Integrity in business and employment for a fair and sustainable energy future

Business Ethics

Galileo has a zero-tolerance approach to corruption and other forms of economic crime and will not compromise on this commitment, regardless of commercial objectives. We will ensure that we have the competence to operate prudently in challenging business environments and to manage concerns. We will all seek advice when in doubt. We will only work with business partners who meet acceptable standards or have a credible plan for improvement.

Employment Ethics

At Galileo, we prioritize a safe and healthy workplace, ensuring no one is harmed. We value the well-being of ourselves and our colleagues, always considering how our actions affect others. We embrace continuous learning from our daily experiences and encourage open communication. By sharing insights across the organization, we foster growth and inclusivity. Our culture is built on responsibility, collaboration, and making a meaningful impact together.

Sustainable Business

Galileo is committed to contributing to the achievement of the Sustainable Development Goals (SDGs), to supporting a low-carbon and just energy transition; starting from its core business, Galileo takes a holistic approach to sustainability which is at the foundation of all relationships with stakeholders.

Ethics & Compliance Programme

Galileo established a dynamic framework to embed our culture of integrity into every business decision, risk assessment, dedicated policies and procedures, training and awareness, ongoing monitoring, open dialogue and the management of concerns and investigations.

The Programme is overseen by Galileo's Compliance function, which designs, implements and continually strengthens its key components in coordination with the company's management and business areas.

Governance and Oversight

Board of Directors

Our Board of Directors plays a critical role in overseeing and assessing our culture of ethics and compliance, and ensuring policies, practices and behavior are consistent with our Values.

ARCC

Our Board has established a separate Audit Risk and Compliance Committee (ARCC), dedicated to overseeing and approving key ethics, compliance and culture-related matters within the Group.

Group Compliance Team

The team supports the implementation of our ethics and compliance program and is composed by the General Counsel and Group Compliance Manager.

The Group Compliance team is responsible for:

  • designing, monitoring and continuously improving the Ethics and Compliance program;
  • the implementation of the program in specific geographical regions. They provide guidance to the business and support our employees in day-to-day business considerations, particularly those seeking advice on ethical, lawful behavior or policy implementation.
Laura Belardinelli

Laura Belardinelli

General Counsel

Giada Scarnera

Giada Scarnera

Group Compliance Manager

Group Policy Framework

Our Group policy framework encompasses our Values, Code of Ethics and a suite of policies and guidelines on the main compliance matters and risks.

Anti-bribery and Corruption Policy

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Carried Interest and Conflict of Interest Policy

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Anti-Financial Crime Prevention Policy

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Embedding integrity through knowledge

Training and awareness are essential components of Galileo's Ethics and Compliance Program.

They ensure that all employees, consultants and partners understand expected standards of conduct and how to address compliance situations. Every new joiner participates in classroom and in-person training sessions as part of onboarding.

Continuous training is provided through our multimedia e-learning platform, with both role-specific modules and annual refreshers.

Training and awareness

Whistleblowing Channel

At Galileo, integrity means being able to raise concerns safely.

Speaking up protects our people, our environment and our integrity-driven culture.

Our Whistleblowing Channel is aligned with EU Directive 2019/1937 and applicable local regulations. Reports are managed securely with full confidentiality guarantees.

Your protections

Complete confidentiality
Zero tolerance for retaliation
Fair, independent assessment

Web platform (recommended)

Anonymous and confidential online portal available 24/7

https://galileoenergy.integrityline.com

In-person or virtual meeting

Request a private meeting with the Group Compliance Manager or the Whistleblowing Committee

[email protected]

External reporting

Only under certain conditions

Details are available in Galileo's Whistleblowing Policy

What happens when you report

Step 1

Acknowledgement

You receive confirmation that your report has been submitted

Step 2

Assessment

The Committee reviews admissibility and relevance

Step 3

Investigation

A confidential and impartial investigation is conducted

Step 4

Outcome & feedback

Appropriate actions are taken and feedback is provided

Whistleblowing Policy

Who we are

What we do