AES is one of only nine in the energy and utilities sector to
be recognized for its integrity and high standards in ethical
business practices
ARLINGTON, Va., March 15, 2022 /PRNewswire/ -- The AES
Corporation (NYSE: AES) has been named one of the World's Most
Ethical Companies for the ninth consecutive year by Ethisphere
Institute, a global leader in defining and advancing the standards
of ethical business practices. AES is one of 56 companies in the
world to receive this designation nine or more times and one of
only nine companies in the global energy and utilities sector to
receive the distinction this year.
"We are honored to be recognized as one of the World's Most Ethical
Companies for the ninth year in a row."
"AES has always been a values-driven company, and we are honored
to be recognized as one of the World's Most Ethical Companies for
the ninth year in a row by Ethisphere Institute," said Andrés
Gluski, AES President and CEO. "Our people share a purpose and a
passion to improve lives by accelerating the future of energy,
together. Thank you to each AES person for the work you do and the
excellence you bring to AES and the customers and communities we
serve every day."
The World's Most Ethical Companies designation is awarded after
Ethisphere Institute's extensive evaluation of a company's
business, financial and compliance practices. The Institute's
assessment is grounded in Ethisphere's proprietary Ethics
Quotient® that includes more than 200 questions on
culture, environmental and social practices, ethics and compliance
activities, governance, diversity and other relevant initiatives.
The process serves as an operating framework to capture and codify
leading practices by organizations across industries around the
globe in an objective, consistent and standardized
manner.
"Today, business leaders face their greatest mandate yet to be
ethical, accountable, and trusted to drive positive change," said
Ethisphere CEO, Timothy Erblich. "We
continue to be inspired by the World's Most Ethical Companies
honorees and their dedication to integrity, sustainability,
governance, and community. Congratulations to AES for earning the
World's Most Ethical Companies designation."
In 2022, Ethisphere Institute recognized 137 companies in 22
countries and more than 45 industries.
The World's Most Ethical Companies announcement follows other
recent honors recognizing AES' leading business practices,
including being named one of the World's Most Innovative Companies
by Fast Company; one of the 100 Just Companies in the US by
JUST Capital; one of the Top 250 Best Managed Companies (top in the
energy sector) by the Wall Street Journal and The Drucker
Institute; and as one of America's Most Responsible Companies by
Newsweek.
About AES
The AES Corporation (NYSE: AES) is a Fortune 500 global energy
company accelerating the future of energy. Together with our many
stakeholders, we're improving lives by delivering the greener,
smarter energy solutions the world needs. Our diverse workforce is
committed to continuous innovation and operational excellence,
while partnering with our customers on their strategic energy
transitions and continuing to meet their energy needs today. For
more information, visit www.aes.com.
Safe Harbor Disclosure
This news release contains forward-looking statements within the
meaning of the Securities Act of 1933 and of the Securities
Exchange Act of 1934. Such forward-looking statements include, but
are not limited to, those related to future earnings, growth and
financial and operating performance. Forward-looking statements are
not intended to be a guarantee of future results, but instead
constitute AES' current expectations based on reasonable
assumptions. Forecasted financial information is based on certain
material assumptions. These assumptions include, but are not
limited to, our expectations regarding the COVID-19 pandemic,
accurate projections of future interest rates, commodity price and
foreign currency pricing, continued normal levels of operating
performance and electricity volume at our distribution companies
and operational performance at our generation businesses consistent
with historical levels, as well as the execution of PPAs,
conversion of our backlog and growth investments at normalized
investment levels and rates of return consistent with prior
experience.
Actual results could differ materially from those projected in
our forward-looking statements due to risks, uncertainties and
other factors. Important factors that could affect actual results
are discussed in AES' filings with the Securities and Exchange
Commission (the "SEC"), including, but not limited to, the risks
discussed under Item 1A: "Risk Factors" and Item 7: "Management's
Discussion & Analysis" in AES' Annual Report on Form 10-K and
in subsequent reports filed with the SEC. Readers are encouraged to
read AES' filings to learn more about the risk factors associated
with AES' business. AES undertakes no obligation to update or
revise any forward-looking statements, whether as a result of new
information, future events or otherwise, except where required by
law.
Any Stockholder who desires a copy of the Company's 2021 Annual
Report on Form 10-K filed February 28, 2022, and any subsequent
filing with the SEC, may obtain a copy (excluding Exhibits) without
charge by addressing a request to the Office of the Corporate
Secretary, The AES Corporation, 4300 Wilson Boulevard, Arlington, Virginia 22203. Exhibits also may
be requested, but a charge equal to the reproduction cost thereof
will be made. A copy of the Form 10-K may be obtained by visiting
the Company's website at www.aes.com.
Website Disclosure
AES uses its website, including its quarterly updates, as channels
of distribution of Company information. The information AES posts
through these channels may be deemed material. Accordingly,
investors should monitor our website, in addition to following AES'
press releases, quarterly SEC filings and public conference calls
and webcasts. In addition, you may automatically receive e-mail
alerts and other information about AES when you enroll your e-mail
address by visiting the "Subscribe to Alerts" page of AES'
Investors website. The contents of AES' website, including its
quarterly updates, are not, however, incorporated by reference into
this release.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/aes-named-to-list-of-worlds-most-ethical-companies-for-the-ninth-year-301502494.html
SOURCE The AES Corporation