Ethics and compliance
Our corporate values are the basis for a suite of policies, codes, and guidelines that inform our employees as they implement the company’s business strategy. These same components shape our compliance program that serves as the benchmark against which we measure our performance and that of our partners — contractors, consultants, suppliers, affiliates, and joint ventures within the Kingdom of Saudi Arabia and abroad.
Our corporate integrity is born out of personal integrity. Our standards and models flow from our Board of Directors whose members possess a wealth of experiences and mindsets. The board challenges management to adhere to the highest personal and professional standards and has set the corporate audit process, which ensures an independent, confidential, and robust review and reporting channel.
Our Corporate Compliance office is responsible for the further development, support, and monitoring of the program, and for following external legal and regulatory developments. This is supported by our businesses and subsidiaries, which implement the necessary policies and procedures, assisted by embedded compliance representatives who also monitor compliance with the program.
Business Conduct Handbook
Our Business Conduct Handbook summarizes our standards so that employees may preserve and build on our ethical legacy. It outlines the company’s policies on conflict of interest, financial integrity, intellectual property management, workplace harassment, fair practices, safety, health, and the environment. It reaffirms the guiding principles by which we have achieved success.
Conflict of Interest and Business Ethics Policies
Employees review our Conflict of Interest and Business Ethics Policies regularly. This ensures our ethics policies are continuously reinforced for use in real-life applications. Any ethics concerns from our employees or third parties can be clarified through our established communication and reporting channels.
General Auditor Hotline
General Auditor Hotline is available to provide a secure and confidential venue for people inside and outside the company to report suspected fraud, unethical conduct, or irregularities. We hold employees to a high level of ethical conduct and expect the same of our suppliers.
Supplier Code of Conduct
Our Supplier Code of Conduct outlines mandatory policies on environmental, health and safety issues, fair trade practices, ethical sourcing, conflicts of interest, bribery, kickbacks, gifts and fraud, monitoring, and compliance. Saudi Aramco’s Supplier Code of Conduct promotes our values and extends and maintains our ethical standards across our supplier network, enabling long-term, mutually beneficial partnerships.