Sustainability Report 2020

Business Partners Relations

The partnerships that PSC builds with its customers have always been remarkable for being solid. To support this, several production sites of the Group are located in the same areas which host reference business partners for PSC: Sole Suzzara is situated in the district of IVECO, Sole Pontedera is situated in the district of Piaggio, and a joint venture of 50% with Magneti Marelli is of interest to Pernambuco Brazilian plant.

In the reporting year, no company of the Group was affected by legal actions in anti-competitive behavior, anti-trust or monopoly operations. These subjects will be particularly highlighted in the new code of ethics and conduct.

The partnership relations with its suppliers are also characterized by solid bonds. The strategic purchasing department of PSC defines framework agreements with large groups that produce, for example, raw materials and paints. In addition, it promotes the growth of suppliers working in its sites, by supporting them within its facility, in order to achieve the highest environmental and safety standards.

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Sustainability Report