Ethics and governance

Our corporate governance

We achieve the highest business standards by adhering to the highest personal and professional standards. Our ethics and compliance principles are deeply embedded within our corporate culture and form the basis for a suite of policies, codes and guidelines that guide and inform our employees as they implement the company’s business strategy.

 

These same components shape our compliance programs which serve 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.

 

Compliance Program

Our Corporate Compliance department is responsible for the further development, support, and monitoring of the compliance program, and for following external legal and regulatory developments.

 

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.

 

Hotline

Our ethics and compliance 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.