AEV is deeply committed to upholding the highest standards of ethics and integrity across all its operations. The AEV Code of Ethics and Business Conduct serves as a comprehensive guide for all directors, officers, employees, and business partners, ensuring that every action taken aligns with the company’s core values of integrity, teamwork, innovation, and responsibility.
Core Values
- Integrity: We deliver on what we promise, practicing fair processes and being accountable for our actions and their consequences.
- Teamwork: We work interdependently with mutual respect to achieve our business goals.
- Innovation: We constantly seek better ways to provide efficient systems, quality services, and products.
- Responsibility: We adhere to good corporate governance, advocate sustainability, and care for our environment and all stakeholders.
Guiding Principles
The Code outlines essential principles to guide daily activities, emphasizing respect for applicable laws, fair dealing, and a commitment to the health and safety of all. It requires all stakeholders, including clients, suppliers, and business partners, to uphold the same high ethical standards.
Commitments
1. Commitment to Compliance: We follow both the letter and spirit of all applicable laws, rules, and regulations, avoiding any actual misconduct or the appearance of impropriety. Employees are encouraged to seek guidance on legal and ethical matters from supervisors or compliance teams when in doubt.
2. Commitment to Each Other: We promote an inclusive workplace where all individuals are treated with dignity and respect, free from discrimination and harassment. We ensure a safe and healthy work environment and conduct due diligence on prospective employees to uphold these standards.
3. Commitment to Our Stakeholders: We engage in fair practices with clients, suppliers, business partners, and the public, ensuring integrity in all business dealings. We do not tolerate bribery or corruption and strive to provide accurate and truthful disclosures.
4. Commitment to the Aboitiz Group: We protect and advance the company’s interests, ensuring confidentiality and responsible use of company assets. Employees must avoid conflicts of interest and misuse of proprietary information.
5. Commitment to the Environment and Our Communities: We integrate social development and environmental stewardship into our operations, striving to minimize our environmental impact and contribute positively to the communities we operate in. This commitment to sustainability is central to our business philosophy.
Support and Reporting
AEV encourages open communication and provides resources for employees to seek guidance and report concerns without fear of retaliation. The company maintains an anonymous ethics hotline to facilitate this process.
Training and Enforcement
AEV conducts regular training to ensure understanding and compliance with the Code. Violations are taken seriously and can cause disciplinary actions, up to and including termination. The Code is subject to annual review and amendments to remain relevant to evolving business and regulatory environments.
By adhering to this Code of Ethics and Business Conduct, AEV aims to foster a culture of ethical behavior and accountability, driving sustainable value creation for all its stakeholders.
For more information, please refer to the full Code of Ethics and Business Conduct available on our website.
Please click here for a copy of the Code.
