The Company is fully committed to implement the highest standard of good corporate governance through a variety of improvement and enhancement, beyond the minimum standards and recommendations that must be met. In accordance with Regulation of the Minister of State Owned Enterprises No. PER-2/MBU/2023 on the Guidelines for Governance and Activities of Significant Corporations in State Owned Enterprises which stipulates that each state owned enterprise is obliged to measure the implementation of Good Corporate Governance, through assessment which is held every 2 years by an independent assessor and evaluation (review) conducted by the state-owned enterprises (self-assessment) that includes an evaluation of the results of the assessment carried out by an independent party and follow-up recommendations for improvement concluded from final judgments.
In 2023 the Company carried out an assessment on GCG implementation for the financial year of 2022 by independent assessor PT Cita Negeri Amanah. In such assessment, the Company achieved a score of 92,693 from maximum score of 100 or 92,693%, with the title “Very Good”.
Such score was the combination of 6 governance aspects which were assessed, namely:
| GOVERNANCE ASPECT | WEIGHT | ACHIEVEMENT | REMARKS | ||
| SCORE | % | ||||
| I | Commitment to the Implementation of Sustainable of Good Corporate Governance | 7,000 | 6,810 | 97,283% | Very Good |
| II | Shareholders and Shareholders's General Meeting | 9,000 | 8,459 | 93,990% | Very Good |
| III | Board of Commissioners | 35,000 | 33,004 | 94,298% | Very Good |
| IV | Board of Directors | 35,000 | 33,176 | 94,788% | Very Good |
| V | Information Disclosure and Transparency | 9,000 | 8,744 | 97,161% | Very Good |
| VI | Other Aspects | 5,000 | 2,500 | 50,000% | Very Good |
| TOTAL | 100,000 | 92,693 | 92,693% | Very Good | |
| PREDICATE | Very Good | ||||
Score assessment for the financial year of 2022 has increased if compared with a score of review in 2021. In 2021 the results of the review with the assistance of the PT Sinergi Daya Prima, the Company obtained a score of 87,080 with the predicate “Very Good”.
