Good Corporate Governance
The application of the principles of Good Corporate Governance is the foundation for the formation of a flexible and adaptive corporate system, structure and culture to the changing competitive business environment and capable of building a reliable Internal Control and Risk Management System.
The principles of Good Corporate Governance in accordance with PER-01/MBU/2011 dated 1 August 2011 concerning the Implementation of Good Corporate Governance in State-Owned Enterprises include :
- Transparency, namely openness in carrying out the decision-making process and openness in disclosing material and relevant information about the company;
- Accountability, namely clarity of functions, implementation and accountability of people so that company management is carried out effectively;
- Responsibility, namely the conformity in the management of the company to the laws and regulations and the principles of a healthy corporation;
- Independency, which is a condition in which the company is managed professionally without conflict of interest and influence / pressure from any party that is not inaccordance with laws and regulations and sound corporate principles;
- Fairness, namely fairness and equality in fulfilling the rights of Stakeholders that arise based on agreements and laws and regulations.
The implementation of Good Corporate Governance is believed to be able to strengthen the company's competitive position in a sustainable manner, manage resources and risks more efficiently and effectively, increase Corporate Value and investor confidence.
PT Terminal Petikemas Surabaya is committed to implementing and maintaining Good Corporate Governance practices with high quality and standards. The implementation of Good Corporate Governance at PT Terminal Petikemas Surabaya is intended to become part of the corporate culture, whose implementation is supported by the corporate values inherent in every employee of PT Terminal Petikemas Surabaya.
To achieve this, it requires a high commitment to apply the principles of Good Corporate Governance to all people and levels of the organization in a planned, directed and measured manner so that the implementation of Good Corporate Governance can take place consistently and in accordance with the best practices. best practice (Best Practice) in the implementation of Good Corporate Governance.
Since the end of 2020, PT Terminal Petikemas Surabaya has updated several internal rules which are the application of Good Corporate Governance principles, applicable laws and regulations, cultural values adopted, vision and mission, and best practices of the implementation of Good Corporate Governance, including:
1. Code of Good Corporate Governance;
2. Board Manual;
3. Code of Conduct;
4. Guidelines for Gratification Control;
5. Whistle Blowing System;
6. Annual Report.
Code of Good Corporate Governance
Code of Good Corporate Governance is a crystallization of the principles of Good Corporate Governance, applicable laws and regulations, the cultural values adopted by the Company, the Company's Vision and Mission and the best practices of Good Corporate Governance.
As a manifestation of the Company's commitment to implementing Good Corporate Governance, PT Petikemas Surabaya has established Code of Good Corporate Governance which was ratified since 15 June 2020 by the President Commissioner and President Director of PT Petikemas Surabaya.
Along with changes in the business environment and regulations that may occur in the future, this Code of Good Corporate Governance will be reviewed and updated periodically (Download)
Board Manual is a work guideline for the Board of Commissioners and the Board of Directors in carrying out their functions and roles as mandates of the Company in accordance with the Articles of Association and applicable laws and regulations.
The Board Manual of PT Terminal Petikemas Surabaya was first passed on 15 June 2020. The entire Board of Commissioners and Directors have agreed and are committed to carrying out the provisions stipulated in the Board Manual in carrying out their daily duties.
Along with changes in the business environment and regulations that may occur in the future, this Board Manual will be reviewed and updated regularly (Download)
Code of Conduct
The Code of Conduct is a set of commitments consisting of the Company's business ethics and the work ethics of the Company's employees, which are formulated with the aim of regulating how the Company's procedures or behavior towards stakeholders and regulating how employees behave in interacting with fellow employees and stakeholders.
The Code of Conduct for PT Petikemas Surabaya was ratified for the first time on 15 June 2020. All Commissioners and Directors of PT Terminal Petikemas Surabaya have agreed and are committed to implementing the provisions stipulated in the Code of Conduct.
As changes in the business environment and regulations may occur in the future, this Code of Conduct will be reviewed and updated regularly (Download)
Commitments from Commissioners (Download)
Commitments from Directors (Download)
Guidelines for Gratification Control
Gratification Control is a series of activities that aim to control the acceptance of gratuities through increasing understanding and awareness of gratification reporting in a transparent and accountable manner in accordance with laws and regulations.
In carrying out gratification control activities, there are a number of main principles, namely: transparency, accountability, legal certainty, benefit, public interest, independence and protection for whistleblowers.
To be able to carry out gratification control activities in accordance with the prevailing laws and regulations, PT Terminal Petikemas Surabaya has issued Gratification Control Guidelines on 30 June 2020. The Board of Commissioners and Directors have agreed and committed to carry out the provisions stipulated in this Gratification Control Guidelines.
Along with changes in the business environment and regulations that may occur in the future, this Gratification Control Guidelines will be reviewed and updated periodically (Download)
Gratification Report Form (Download)
The Whistleblowing System is a system and procedure designed to receive, review and follow up on complaints or reports about reports submitted by personnel of PT Terminal Petikemas Surabaya or other parties.
A violation can be in the form of behavior that is detrimental to the law, unethical actions or other mistakes that cause material or non-material loss for PT Terminal Petikemas Surabaya personnel, the company and / or other parties.
Each complaint or report that is submitted will be based on the facts obtained which will serve as the basis for making further decisions or actions.
The company provides protection for parties who complain or report in various ways that have been determined by the Company.
Whistleblowing System of PT Terminal Petikemas Surabaya has been established and ratified since 30 June 2020 by the President Director of PT Terminal Petikemas Surabaya.
Along with the development of the business and regulatory environment that may occur in the future. This Whistleblowing System will be reviewed and updated regularly (Download)