Corporate ethics are principles that guide business behavior, emphasizing integrity, fairness, and responsibility. In addition to complying with the law, ethical companies consider their impact on stakeholders, such as employees and communities, and balance profits with social welfare to build trust and long-term success.
Main Points of Business Ethics and Code of Conduct Guidelines
The following are the main points of the Business Ethics and Code of Conduct Guidelines to be implemented by the Company and all employees.
01.
Transparency
It is information transparency, namely openness in implementing the decision-making process and presenting relevant material information about the company.
Transparency of information is translated as the disclosure of relevant information in accordance with the basic principles of Good Corporate Governance accurately and in a timely manner while still complying with applicable company regulations and laws.
Clarity of function, structure, system and accountability of company organs so that company management is carried out effectively and measurably.
Accountability is not limited to individual accountability but also applies to work units, business units and corporations, which in this case is the accountability of all company organs, both main organs and supporting organs.
Empowerment of company organs in an appropriate, timely and accurate manner followed by the development of an adequate internal control system and optimization of the Audit Committee will realize good corporate accountability so that the level of public trust in the company will increase.
02.
Accountability
03.
Responsibility
Conformity or compliance in company management with healthy corporate principles and applicable laws and regulations while still implementing social and environmental responsibilities.
Responsibility also refers to attitudes and actions that can be accounted for by each individual in the company in accordance with the authority that exists or is given to him/her, so that each individual understands/comprehends and has responsibility for everything he
/she does.
Independence or self-reliance is defined as the professional management of a company without conflict of interest and influence/intervention from management or other parties that are not in accordance with laws and regulations and healthy corporate principles.
Meanwhile, independence means harmonious work between company organs in accordance with the role and function of each organ in achieving the Company’s Vision and Mission.
04.
Independence
05.
Fairness (Equality and Fairness)
Merupakan bentuk perlakuan yang adil dan setara dalam memenuhi hak-hak Pemangku Kepentingan yang timbul berdasarkan perjanjian atau peraturan perundangan yang berlaku.
Kesetaraan dan kewajaran tidak hanya dilihat dari sisi perlakuannya saja tetapi juga terhadap kepastian perlakuan kesetaraan dan kewajaran itu dijalankan oleh pihak-pihak yang berkepentingan.
Transparency
It is information transparency, namely openness in implementing the decision-making process and presenting relevant material information about the company.
Transparency of information is translated as the disclosure of relevant information in accordance with the basic principles of Good Corporate Governance accurately and in a timely manner while still complying with applicable company regulations and laws.
Accountability
Clarity of function, structure, system and accountability of company organs so that company management is carried out effectively and measurably.
Accountability is not limited to individual accountability but also applies to work units, business units and corporations, which in this case is the accountability of all company organs, both main organs and supporting organs.
Empowerment of company organs in an appropriate, timely and accurate manner followed by the development of an adequate internal control system and optimization of the Audit Committee will realize good corporate accountability so that the level of public trust in the company will increase.
Responsibility
Conformity or compliance in company management with healthy corporate principles and applicable laws and regulations while still implementing social and environmental responsibilities.
Responsibility also refers to attitudes and actions that can be accounted for by each individual in the company in accordance with the authority that exists or is given to him/her, so that each individual understands/comprehends and has responsibility for everything he
/she does.
Independence
Independence or self-reliance is defined as the professional management of a company without conflict of interest and influence/intervention from management or other parties that are not in accordance with laws and regulations and healthy corporate principles.
Meanwhile, independence means harmonious work between company organs in accordance with the role and function of each organ in achieving the Company’s Vision and Mission.
Fairness (Equality and Fairness)
It is a form of fair and equal treatment in fulfilling the rights of Stakeholders that arise based on agreements or applicable laws and regulations.
Equality and fairness are not only seen from the perspective of treatment but also from ensuring that equality and fairness are carried out by the interested parties.
GCG – Code
GCG – Ethics and Code of Conduct Guidelines (Code of Conduct)
