AET Compliance and Business Ethics
Statement from the President & CEO
AET has recently undertaken various initiatives to enhance and strengthen the framework for business ethics and conduct. We have rolled out the AET Group Compliance and Ethics Programme based on international compliance standards. The programme provides the framework for enhancement and monitoring of good business ethics, and ensuring our business operations are carried out with the upmost integrity.
AET maintains a zero tolerance approach for bribery and corruption. The Board of Directors and executive management at all levels of AET strive to demonstrate the importance of integrity and ethical values through their deliverables, actions and behaviour .
The AET Code of Conduct and Business Ethics (“CoBE”) is designed to help our employees and suppliers safeguard our cultural beliefs, values, reputation, integrity and sustainability of AET globally. This is critical to the success of achieving our vision to consistently provide better energy-related maritime solutions and services, as well as safeguarding the well-being of the AET group and our employees. The CoBE also reflects the increasing need for stringent and effective corporate governance in the conduct of the Group’s business as we continue to grow internationally. Our success depends on earning the trust of each other and our partners, including our customers, suppliers, governments, investors and the people and companies with which we work.
The CoBE applies to all employees and directors within the AET Group worldwide. AET also expects that contractors, subcontractors, consultants, agents, representatives and others performing work or services for or on behalf of AET will comply with the relevant parts of the CoBE when performing such work or services. In particular, the CoBE expressly prohibits improper solicitation, bribery, corrupt activity and non-compliance not only by employees and directors but also by third parties performing work or services for or our behalf.
AET maintains a robust set of compliance policies and procedures, including those relating to anti-bribery and corruption, which all directors, employees or third parties that work with or on behalf of the company are subject to. Any joint venture companies in which AET maintains a non-controlling co-venture and associated companies are encouraged to adopt similar principles and standards.
The AET Whistleblowing Policy encourages the public and employees to raise genuine and legitimate concerns relating to AET’s business either to AET directly or through Safecall, our appointed independent external reporting line. Reports can be made safe in the knowledge that disclosures will be taken seriously and investigated as appropriate. AET is committed to ensuring that any individual making a genuine report is protected in accordance to the relevant local legislation and does not suffer any detrimental treatment as a result of raising a concern.
It is my expectation that anyone acting on behalf of the AET Group adhere strictly to CoBE, whatever their position and wherever in the world they are located. Doing the right thing should always be the focus of our actions and behaviours and we will support our employees, customer and suppliers when they do.
Capt. Rajalingam Subramaniam
President & CEO