As a Public Company listed on the Indonesia Stock Exchange (IDX), the implementation of Good Corporate Governance is an important indicator for Shareholders to assess the Company’s performance and to believe that The Company has been wellmanaged and appropriately and believed to be able to protect the interests of the Shareholders.
PT TIMAH Tbk is fully committed to making GCG the basis for every decision making in the Company. PT TIMAH Tbk applies the principles of governance in every business activity that is carried out in order to produce Good Corporate Governance as this greatly affects the continuity of the Company’s long-term efforts. PT TIMAH Tbk also believes that the implementation of GCG can improve the efficiency, effectiveness and sustainability of the Company and will contribute and add sustainable value to Shareholders, Employees and other various Stakeholders both for short and long term.
As a form of corporate responsibility in ensuring the implementation of GCG in the corporate environment and based on the Board of Direktor Instruction No. 047/TBK/ INST-0000/2013-B1 on The Preparation of a Report on The Implementation of Good Corporate Governance (GCG) system, starting from 2015, the socialization of GCG routinely and continuously to all employees in the Company. The socialization of GCG activities in cooperation with training P2SDM which was held at the time of P2SDM held training classes to the employees, then the socialization of GCG will be included as one of the agenda for the participants.
Achievment Assesment of GCG Implementation
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Score : 90.02 Decree Parameter |
Score : 83.65 Parameter |
20 Comply and 5 Explain Parameter the Guidelines |
83,20 Corporate |
The objectives of the Corporate Governance implementation of PT TIMAH Tbk have referred Corporate Governance practices as well as prevailing laws and regulations as follows:
