The applicable Company Ethics serves as a code of conduct for all elements of the Company, both stakeholders, shareholders, management and employees. The implementation of Company ethics on an ongoing basis is expected to shape the Company’s culture. The Company also applies several principles related to the ethics of implementing GCG, ethics and culture of the Company.
- We strive to be an honest and committed company by running a healthy, strong and fair business that is driven by commendable values and law-abiding and respects all stakeholders.
- The Company is obliged to run or manage the Company’s business by observing the principles of business ethics and the applicable laws and regulations.
- The Company implements the principles of Good Corporate Governance and cares for the community, culture and the environment.
- Acts against the law and violating ethics are prohibited even for business reasons or pressure from any party.
- The Company protects every reporter who provides information regarding legal violations, unethical events, or other actions that violate the principles of Good Corporate Governance.
Behavior Core Value “Akhlak”
To ensure that all employees understand and respect ethics in carrying out their duties and business, the Company requires all employees to sign the Integrity Pact statement document at the beginning of each year.
We socialize the integrity pact via email and intranet to all levels of management and employees. We take this step so that employees understand and respect the ethics in carrying out their duties and conducting business as well as possible so that the dignity and integrity of the Company’s employees is always maintained and continuously improved.
The socialized material contains several things such as those listed in the GCG PD, namely business ethics, fraud, risk management, internal control (“SOA”), whistleblowing, prohibition of gratification, IT governance, maintaining information security and other integrated matters and related to Corporate Governance practices.
Whistle Blowing System
Violation reporting system or Whistle Blowing System is one element of internal control at the entity level (entity level control). This system is designed and run by the Board of Commissioners to prevent, identify and detect possible criminal acts (fraud) and violations of applicable regulations, which can result in losses for the Company. This system provides formal reports for third parties and employees to submit complaints and provides clear and consistent policies and procedures for handling complaints.
Complaints submitted by reporters must be made with a sense of responsibility and not slandering, which can tarnish someone’s good name or reputation. Complaints from Third Parties and Employees are handled by Commissioners, Accounting and internal control over financial reporting that could potentially result in material misstatement in the financial statements:
- Audits, especially those concerning the independency of the Public Accounting Firm;
- Violations of laws and regulations relating to the Company’s operations;
- Violations of internal regulations that have the potential to cause harm to the Company;
- Fraud and/or suspected corruption committed by officials and/or employees of the Company;
- The behavior of the Directors and Management that is not commendable, which could potentially tarnish the reputation of the Company or cause harm to the Company.
The dishonorable behavior of the Directors and Management includes: dishonesty, conflict of interest with the Company, or misleading information to the public. Complaints submitted by the reporter must be made with a sense of responsibility and not slandering, which can tarnish the reputation or reputation of someone.
Requirements for Filing a Complaint Delivered in written form:
- Contains reporter’s identity. The Commissioner will maintain the confidentiality of the reporter’s identity;
- Contains information that provides instructions regarding problems as described in the types of complaints above;
- Information must be supported by sufficient and reliable evidence as preliminary data for further examination