Code of Ethics & Business Conduct

At ASCES – AL HALLOUL, AL-BADILA, we believe that ethical conduct is the foundation of our success and the key to achieving our vision of a sustainable future. We are committed to maintaining the highest standards of integrity, transparency, and responsibility in all our business activities, ensuring compliance with Saudi law. Our Code of Ethics & Business Conduct serves as a guiding beacon, illuminating the path for our employees, officers, directors, and representatives to follow in their daily actions and decisions.

By adhering to this code, we ensure that we earn and maintain the trust of our clients, partners, and the communities we serve, ultimately contributing to a better and more sustainable world. Together, we strive to make a positive impact, uphold our values, and achieve excellence in all that we do.

CORE PRINCIPLES

Integrity and Honesty

We conduct our business with honesty and integrity, maintaining the trust of our clients, partners, and stakeholders.
We are transparent in our communications and actions, avoiding any form of deceit or misrepresentation.

Compliance with Saudi Laws and Regulations

We comply with all applicable laws, regulations, and standards in Saudi Arabia.
We ensure that our practices are in line with national legal requirements and industry standards.

Respect and Fair Treatment

We all deserve to work in an environment where we are treated with dignity and respect. ASCES is committed to creating such an environment because it brings out the full potential in each of us, which, in turn, contributes directly to our business success.
ASCES is an equal employment/affirmative action employer and is committed to providing a workplace that is free of discrimination of all types and from abusive, offensive, or harassing behavior.

Environmental Responsibility

We are dedicated to protecting the environment through sustainable practices and innovative waste management solutions.
We continuously seek to reduce our environmental impact and promote a circular economy.

Health and Safety

We prioritize the health and safety of our employees, clients, and communities.
We comply with all health and safety regulations in Saudi Arabia and strive to create a safe working environment.

Confidentiality and Data Protection

We respect the privacy and confidentiality of our clients, partners, and employees.
We implement robust measures to protect sensitive information from unauthorized access and breaches, in compliance with Saudi data protection laws.

Anti-Corruption and Bribery

We have zero tolerance for corruption, bribery, and any unethical practices.
We adhere to anti-corruption laws in Saudi Arabia and promote fair business practices.

Anti-Money Laundering

We are committed to complying with all applicable anti-money laundering (AML) laws and regulations.
We will not engage in or facilitate money laundering activities and will report any suspicious activities in accordance with the law.

Conflict of Interest

We must avoid any relationship or activity that might impair, or even appear to impair, our ability to make objective and fair decisions when performing our jobs.
Employees must disclose any potential conflicts of interest to their supervisors.

Corporate Governance

We uphold the highest standards of corporate governance, ensuring accountability, transparency, and ethical decision-making.
We conduct regular audits and assessments to ensure compliance with our ethical standards and legal requirements.

Community Engagement

We actively engage with the communities where we operate, promoting social responsibility and contributing to local development.
We support initiatives that align with our values and enhance the well-being of the communities we serve.

BUILD TRUST AND CREDIBILITY

The success of our business is dependent on the trust and confidence we earn from our Employees, Clients, and Partners. We gain credibility by adhering to our commitments, displaying honesty and integrity, and reaching company goals solely through honorable conduct.

CREATE A CULTURE OF OPEN AND HONEST COMMUNICATION

At ASCES, everyone should feel comfortable speaking their mind, particularly with respect to ethics concerns. Managers have a responsibility to create an open and supportive environment where employees feel comfortable raising such questions. ASCES will investigate all reported instances of questionable or unethical behavior. In every instance where improper behavior is found to have occurred, the company will take appropriate action. We will not tolerate retaliation against employees who raise genuine ethics concerns in good faith.

USE OF COMPANY RESOURCES

Company resources, including material, equipment, and information, are provided for company business use. Nonetheless, occasional personal use is permissible as long as it does not affect job performance or cause a disruption to the workplace.

MEDIA INQUIRIES

ASCES is a high-profile company, and from time to time, employees may be approached by reporters and other members of the media. To ensure that we speak with one voice and provide accurate information about the company, we should direct all media inquiries to the Board of Directors or to the HR Department. No one may issue a press release without first consulting with the Board of Directors.

SOCIAL MEDIA AND BRAND EXPOSURE

DO THE RIGHT THING

Several key questions can help identify situations that may be unethical, inappropriate, or illegal. Ask yourself:

REPORTING AND ACCOUNTABILITY

Employees are encouraged to report any suspected violations of this code, laws, or company policies without fear of retaliation.
Reports can be made to a supervisor, the HR department, or through an anonymous reporting system.
All reported violations will be investigated promptly and fairly, with appropriate actions taken to address any misconduct.

CONTINUOUS IMPROVEMENT

We are committed to continuously improving our ethical standards and business practices.
We provide regular training and resources to ensure that all employees understand and adhere to our Code of Ethics & Business Conduct.

ACKNOWLEDGMENT

All employees, officers, directors, and representatives of ASCES are required to read, understand, and adhere to this Code of Ethics & Business Conduct. By following these principles, we ensure the continued success and integrity of our organization.

This Code of Ethics & Business Conduct is designed to reflect our commitment to ethical behavior and compliance with Saudi law. For any questions or further clarification contact us.