Page 14 - Corporate Responsibility Report 2015
P. 14
2 Corporate Identity
independence and quality of the parties aim to further assure the adequacy Relations with Business Partners ensures
engaged by Management to provide CR of the internal control environment. that all business partners are treated with
Assurance services. Furthermore, enhanced IT solutions fairness and integrity and that employees
that AIA has developed, such as data interfacing with them abide by a strict
Legal and Regulatory Compliance measurement techniques applied to the framework of principles and rules. Both
Through its Audit Committee the compilation of indicators for corporate Codes are under the responsibility of the
Board is committed to enforcing a use, facilitate the continuous monitoring Human Resources department.
stringent policy of compliance with all process.
applicable Laws and Regulators. For this A Code of Acceptance &
purpose, the Company’s Legal Director Continuously reinforcing the Reconfirmation process is integrated
has assumed increased responsibility Business Units’ role, AIA’s Value Based in the relevant online awareness
through its role as Legal and Regulatory Management (VBM) methodology programme and is being completed on
Compliance Coordinator, aiming to measures the performance against an annual basis by all AIA employees.
coordinate the required activities of predefined targets on both financial
all departments, specifically in the and non-financial metrics and Anti-Fraud
areas: Aerodrome Operations, Ground parameters (e.g. systems’ efficiency, Prevention of fraud is a crucial element
Handling Services, Environment, quality of services, safety of operations, of AIA’s Policies and strict compliance
Security, Information Technology, environmental responsibility, personnel to the relevant rules must be secured
Accounting & Tax, Procurement, safety, training, etc.). by involved employees, Management
Labour, Fire Safety and Design & members and members of the Board of
Construction and Airport Charges Policy. Business Conduct Directors.
AIA aims at being acknowledged as a
Information role model responsible Company within Management and employees are
On an annual basis AIA issues and the markets it operates and to influence expected to behave in an honest and
publicly discloses a number of reports others in their effort to follow a path fair way, in line with the provisions of
that cover all aspects of activities and of sustainability. Our corporate values AIA’s Code of Business Conduct for
performance. Furthermore, AIA has (Accountability, Team Spirit, Respect, compliance, integrity and avoidance of
developed a reporting system which Effectiveness, Customer Focus) are conflict of interest, thus promoting fraud
not only supports Management in embedded in all aspects of our operation avoidance.
its strategic decision-making but also and development.
fosters effective communication within AIA aims to protect its employees,
the Company as well as with external AIA applies a Code of Business financial interests, clients, providers
parties. Conduct, developed in line with global and the people who live and act at the
best practices, which urges employees airport community by carrying out a
Publicly available information to conduct business activities in fair and balanced policy that develops
regarding AIA including corporate accordance with corporate values, thus and maintains an anti-fraud culture.
publications is available in the relevant aiming to maintain the Company’s good AIA is committed to deter, prevent and
section of the Company’s website (www. reputation and trust and to reinforce investigate fraud and corruption and
aia.gr/company-and-business/the- stakeholders’ confidence. The Code to apply appropriate corrective and/
company). is a management tool that safeguards or disciplinary measures as required
an all-embracing work environment working in a collaborative way to seek
Monitoring where no discrimination, victimisation remedy wherever possible.
AIA is practicing continuous monitoring and harassment may occur. The Code
in order to provide assurance that provides a framework that allows AIA has established an Anti-Fraud
controls and other planned actions are employees to express their concerns on Policy, aiming to ensure that a system of
carried out properly and to identify possible violations in good faith, while internal controls is in place for securing
key exceptions requiring quick and protecting them from any retaliation. adequate containment of fraud risk; an
effective review and management action. The Code promotes Management internal framework is provided for all
Scheduled periodic audits performed Responsibility with respect to corporate employees to report suspected acts of
both by external auditors and the standards of conduct through an annual fraud or other similar irregularities; and
Company’s Internal Audit department reconfirmation process. Integral to the a mechanism is in place for undertaking
Code of Business Conduct, the Code of formal investigation of such irregularities
and designing specific actions to rectify
identified control gaps.
Corporate Responsibility Governance
AIA approaches corporate responsibility approach is reflected in the Corporate governance structure: CR Strategy
in an integrated way aiming at promoting Responsibility (CR) Policy and for Materiality Analysis and CR Action
the sustainability of all aspects of our deployed as a cross-departmental effort Plan, CR Integration for alignment
operation and development. This through a contemporary 3-level CR with standards and reporting, CR
14 | aia.gr
independence and quality of the parties aim to further assure the adequacy Relations with Business Partners ensures
engaged by Management to provide CR of the internal control environment. that all business partners are treated with
Assurance services. Furthermore, enhanced IT solutions fairness and integrity and that employees
that AIA has developed, such as data interfacing with them abide by a strict
Legal and Regulatory Compliance measurement techniques applied to the framework of principles and rules. Both
Through its Audit Committee the compilation of indicators for corporate Codes are under the responsibility of the
Board is committed to enforcing a use, facilitate the continuous monitoring Human Resources department.
stringent policy of compliance with all process.
applicable Laws and Regulators. For this A Code of Acceptance &
purpose, the Company’s Legal Director Continuously reinforcing the Reconfirmation process is integrated
has assumed increased responsibility Business Units’ role, AIA’s Value Based in the relevant online awareness
through its role as Legal and Regulatory Management (VBM) methodology programme and is being completed on
Compliance Coordinator, aiming to measures the performance against an annual basis by all AIA employees.
coordinate the required activities of predefined targets on both financial
all departments, specifically in the and non-financial metrics and Anti-Fraud
areas: Aerodrome Operations, Ground parameters (e.g. systems’ efficiency, Prevention of fraud is a crucial element
Handling Services, Environment, quality of services, safety of operations, of AIA’s Policies and strict compliance
Security, Information Technology, environmental responsibility, personnel to the relevant rules must be secured
Accounting & Tax, Procurement, safety, training, etc.). by involved employees, Management
Labour, Fire Safety and Design & members and members of the Board of
Construction and Airport Charges Policy. Business Conduct Directors.
AIA aims at being acknowledged as a
Information role model responsible Company within Management and employees are
On an annual basis AIA issues and the markets it operates and to influence expected to behave in an honest and
publicly discloses a number of reports others in their effort to follow a path fair way, in line with the provisions of
that cover all aspects of activities and of sustainability. Our corporate values AIA’s Code of Business Conduct for
performance. Furthermore, AIA has (Accountability, Team Spirit, Respect, compliance, integrity and avoidance of
developed a reporting system which Effectiveness, Customer Focus) are conflict of interest, thus promoting fraud
not only supports Management in embedded in all aspects of our operation avoidance.
its strategic decision-making but also and development.
fosters effective communication within AIA aims to protect its employees,
the Company as well as with external AIA applies a Code of Business financial interests, clients, providers
parties. Conduct, developed in line with global and the people who live and act at the
best practices, which urges employees airport community by carrying out a
Publicly available information to conduct business activities in fair and balanced policy that develops
regarding AIA including corporate accordance with corporate values, thus and maintains an anti-fraud culture.
publications is available in the relevant aiming to maintain the Company’s good AIA is committed to deter, prevent and
section of the Company’s website (www. reputation and trust and to reinforce investigate fraud and corruption and
aia.gr/company-and-business/the- stakeholders’ confidence. The Code to apply appropriate corrective and/
company). is a management tool that safeguards or disciplinary measures as required
an all-embracing work environment working in a collaborative way to seek
Monitoring where no discrimination, victimisation remedy wherever possible.
AIA is practicing continuous monitoring and harassment may occur. The Code
in order to provide assurance that provides a framework that allows AIA has established an Anti-Fraud
controls and other planned actions are employees to express their concerns on Policy, aiming to ensure that a system of
carried out properly and to identify possible violations in good faith, while internal controls is in place for securing
key exceptions requiring quick and protecting them from any retaliation. adequate containment of fraud risk; an
effective review and management action. The Code promotes Management internal framework is provided for all
Scheduled periodic audits performed Responsibility with respect to corporate employees to report suspected acts of
both by external auditors and the standards of conduct through an annual fraud or other similar irregularities; and
Company’s Internal Audit department reconfirmation process. Integral to the a mechanism is in place for undertaking
Code of Business Conduct, the Code of formal investigation of such irregularities
and designing specific actions to rectify
identified control gaps.
Corporate Responsibility Governance
AIA approaches corporate responsibility approach is reflected in the Corporate governance structure: CR Strategy
in an integrated way aiming at promoting Responsibility (CR) Policy and for Materiality Analysis and CR Action
the sustainability of all aspects of our deployed as a cross-departmental effort Plan, CR Integration for alignment
operation and development. This through a contemporary 3-level CR with standards and reporting, CR
14 | aia.gr
