Corporate Compliance Training Crucial in Jordan: AES Corporation Sets High Standards for Business Practices

In its relentless pursuit of integrity, ethics, and compliance, the AES Corporation has established a robust Ethics and Compliance Program that aligns with its global corporate culture. As a registered entity under Jordanian legislation, AES recognizes the importance of conducting business with transparency and accountability.

Code of Conduct: “Words To Action”

At the heart of this program is the Code of Conduct, “Words To Action,” which provides a clear framework for internal and external stakeholders to report concerns and seek prompt resolution. This empowering approach encourages ownership and accountability among employees and stakeholders alike, with every individual expected to adhere to AES’s corporate values.

Global Helpline and Online Tool

To facilitate seamless communication, AES has established a global helpline phone and online tool (www.aeshelpline.com), serving as a confidential channel for expressing concerns or seeking guidance on legal or regulatory requirements, policy clarification, and appropriate behavior. This platform empowers employees to seek counsel and support whenever needed.

Training Sessions

The Ethics and Compliance Program regularly conducts training sessions on various ethics and compliance issues, including:

• AES corporate values
• The Foreign Corrupt Practices Act
• Conflicts of interest

Additionally, the AES Ethics Champions Program holds employee training sessions that utilize real-world AES business scenarios, allowing participants to discuss how company values and policies are applied in practical situations.

Business Partners and Contractors

Moreover, AES holds its business partners and contractors to high ethical standards, subjecting each partner to a thorough due diligence process. Compliance language is also incorporated into contracts where necessary, addressing issues such as:

• Corruption
• Influence peddling
• Legal compliance
• 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.

Conclusion

By implementing these measures, AES Corporation demonstrates its unwavering commitment to ethics and compliance in Jordan, setting a high standard for responsible business practices in the region.