Governance

Several incidents happened in business industry have made Corporate Governance become an important part for industry players. The presence of public company in capital market industry obtaining financial strength from investors and having strong relation with stakeholders require to be well-managed, in order to maintain trust of stakeholders and shareholders towards management of the company.

Five principal aspects in the Good Corporate Governance (“GCG”) such as professionalism, responsibility, fairness, transparency and accountability become requirements must be fulfilled by public company, including PT Indocement Tunggal Prakarsa Tbk (“the Company”). The fulfillment of the GCG aspect is not only becoming the Company’s obligation, but also rendering several advantages for the Company, such as improving performance of the employee and the Company, reconditioning the Company’s balance sheet, increasing investor trust, enhancing the Company’s image in front of public, preventing various distortions and dishonesty which may jeopardize the company.

In order to achieve the Company’s goal in the healthy market competition supported by the capability to drive, dependable ability, innovation as well as prioritize company regulation specification and fulfillment of prevailing law in Indonesia, the Company has stipulated the Good Corporate Governance Implementation Guideline with complete explanation that can be downloaded in the link below as a primary policy of several significant principles in business practice of the Company.

GCG Policies - Indocement Way 2018