AES maintains a Charitable Contribution and Political Donations Policy to ensure all charitable contributions and political donations made by AES, or any of its subsidiaries, on behalf of AES are consistent with our Values, the AES Ethics and Compliance Program, and the laws and regulations that govern such practices in the United States and internationally. Political contributions must be approved by the AES Ethics and Compliance Department under the direction of the Chief Ethics and Compliance Officer or the General Counsel’s Office under the direction of the General Counsel. Our Lobbying Policy requires approval by the AES Chief Ethics and Compliance Officer prior to engaging any individuals and entities to provide lobbying services on behalf of AES. This system of governance also helps to ensure that our climate related lobbying activities and trade association memberships are aligned with the Paris Agreement.
Annually, the Governance Committee of the Board of Directors reviews the charitable contributions and political donations made by AES and its subsidiaries. The Committee also periodically reviews the Company’s contributions to trade associations, including any amounts related to charitable, political and lobbying expenditures and related activities.