The AES Ethics and Compliance Program is an integral part of our business and culture, helping to define our business practices and corporate expectations worldwide.
We are registered under the Bulgarian legislation and believe it is our duty and responsibility to conduct business with the highest level of integrity, ethics, and compliance in Bulgaria.
As evidence of this commitment, we have elaborated a Code of Conduct titled From Words To Action, which represents a well-defined process to encourage internal and external stakeholders to bring matters of concern to the company’s attention for prompt resolution. Our people and stakeholders are empowered with a strong sense of ownership and accountability for their work, and we fully expect each person to adhere to our corporate values.
AES Corporation has established a global helpline phone and online tool www.aeshelpline.com that serves as a confidential channel for expressing concerns. Our employees are encouraged to use the helpline for guidance regarding legal or regulatory requirements, clarification of AES policies or procedures and for counsel on appropriate behavior.
The Ethics and Compliance Program conducts regular training on a variety of ethics and compliance issues including AES corporate values, the Foreign Corrupt Practices Act and conflicts of interest. In addition, the AES Ethics Champions Program conducts employee training sessions using actual AES business issues and problems, so that participants can discuss how AES values and policies are applied in real-world situations.
AES also holds its business partners and contractors to high ethical standards. Each partner undergoes a thorough due diligence process, and strict compliance language is included in contacts, where appropriate. Compliance language may address such issues as corruption, influence peddling, legal and regulatory compliance and reporting requirements. Compliance Officers work closely with business partners, contractors and project development teams to identify potential ethical concerns and resolve issues before agreements or contracts are signed.