Greetings!
AES was ranked as number 93 on Platts Top 250 Global Energy Company rankings. The Platts Top 250 list recognizes outstanding financial performance for the previous year. Platts uses a comprehensive assessment of energy companies' financial performance using four key metrics including asset worth, revenues, profits and return on invested capital.
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Elizabeth Hackenson featured in the CIO Review
Elizabeth Hackenson, CIO and SVP of Technology and Services, recently appeared in the CIO Review discussing trends in the energy sector. Elizabeth notes the ever-changing pace of technology influencing the utilities landscape and how this has affected and changed the role of CIOs in the industry. She notes, "Every day is different, every day you learn and every day you get the chance to make a difference."
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Monthly Safety Leadership Message from Manuel Perez Dubuc
At AES, we believe all incidents can be prevented. Preventing all incidents means we have to be proactive, and stay a step ahead of what is going on in our work environments to address risks and hazards. A Safety Walk is one of the great tools we have in place as part of our global Safety Management System to help us stop incidents before they happen.
During a Safety Walk, all steps are taken to prevent incidents by leaders and people on the job. When someone on a Safety Walk engages with you, celebrate the things you are doing right and make sure you understand the opportunities you have to improve. Ask questions if anything is unclear. A set of fresh eyes sees things we may not see and can help us to make our workplaces even safer.
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AES Jordan recognized as a Top Employer
AES Jordan, part of the Europe SBU, was recently recognized as a Top Employer in Jordan by the Top Employers Institute. The Institute recognizes leading employers around the world that provide excellent employee conditions, nurture and develop talent throughout all levels of the organization and strive to continuously optimize employment practices. The Top Employers Institute assessed AES Jordan's people offerings in the following categories: Talent Strategy, Workforce Planning, On-Boarding, Learning and Development, Performance Management, Leadership Development, Career and Succession Management, Compensation and Benefits, and Culture.
"We are proud to be recognized as one of the Top Employers in Jordan. This award shows our commitment to AES' core values that make us a great company: Put Safety First, Act with Integrity, Honor Commitments, Strive for Excellence and Have Fun through Work," explained Meftaur Rahman, Market Business Leader for AES Jordan.
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Meet Cara Rodriguez, 2015 Founders' Award winner
The AES Founders' Award was established to honor our founders and the fundamental impact they had on our industry. The award is given to individuals who demonstrate innovative spirit by identifying opportunities to improve how we do things. Cara Rodriguez, Senior Legal Counsel for Engineering and Construction was another recipient of the Founders' Award. In the last year, Cara has worked with Engineering and Construction, contractors, lenders and our Finance team to advance our growth projects. She developed a strong EPC contract and has minimized the use of outside counsel, saving substantial money for AES. Thanks Cara for your contributions and congratulations.
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What do you think about the AES Spotlight electronic newsletter?
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Procure to Pay Process Improvement
At this year's 2015 APEX Global Awards, 17 projects were presented as examples of successful performance excellence efforts in the company. One of the programs presented was Procure to Pay Process Improvement, from AES Kazakhstan, part of the Europe SBU. The project won first place in the US $2 to $10M category. Supply chain is a major function at AES Kazakhstan as purchasing of goods and services represents 64 percent of the budget. To reach the next maturity level in the procure to pay (P2P) process, three areas of focus were established including implementation of best practices, making the P2P smart and clear and gaining $2M from the budget and G&A reductions. Solutions included the implementation of purchasing category and KPI systems, the launch of a supply chain help desk and the creation of a supply chain web page under AES Kazakhstan's website. The team also centralized 80 percent of addressable procurement budgets, sourced planning system and automated processes with ERP. The expected savings over five years is estimated at US $4M. Congratulations to the team for their commitment to operational excellence.
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Diego Díaz is Always On for Safety
Diego is an Instrument Technician at AES Itabo, a generation plant in the Dominican Republic, part of the MCAC SBU. Before joining AES, he thought that being safe was an exclusive term used by the engineering team, "To me, safety was something you would only hear in an engineering work environment-we have to comply with safety procedures all the time. When I joined AES Dominicana, being safe meant something else. Being safe means being Always On for Safety. It means integrating safety in everything I do both inside and outside the company."
When safety becomes part of your personal beliefs, you are more able to motivate and encourage others to be safe. "It is something I am called to share with my family and friends, something to be practiced always. No matter where you are, safety must be part of everything you do," Diego reaffirmed. At this level of safety awareness and ownership, people are not afraid of exercising their Stop Work Authority because there is a strong personal belief that an activity must be stopped when an unsafe condition or behavior takes place.
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Company confidential. Do not distribute outside AES. © Copyright AES Corporation 2016
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