The Company pays serious attention to fulfil its social and moral obligation to operational environment according ethics which are applicable in Indonesia and also international. Therefore, all members are obliged to run activities with responsible in accordance with norms of law, and the prevailing states laws and regulations.
CONTENT OF CODE OF ETHICS
The main points of the code of conduct of the Company consists of Business Ethics and Work Ethics. Business Ethics is a standard of behaviour for the Company as an entity in dealing with stakeholders both inside and outside the Company. Work Ethics is a standard of behaviour for every member of the Company in dealing with all parties.
A. The Company Business Ethics
B. WORK ETHICS
THE IMPLEMENTATION OF CODE OF CONDUCT
The Company believes that the code of conducts should be applied consistenlly in all of organization level and in daily Company’s activities. To ensure that, all of the Board of Directors, Board of Commissioners and employees of the Company are required to sign statement of understanding and compliance to the Company code of conduct. Furthermore, the implementation of Company’s code of conduct is stated in the Company Book of Regulation period of 2015 - 2017 which already socialized on January 26, 2016.
The Company encourages all of individual in the Company to report any unethical acts or violation of the law in the Company by stating his/her identity at the time of reporting the actions or alleged violation.
PROTECTION OF THE WHISTLEBLOWER
The Company guarantees every member who is in good faith reporting unethical behaviour, violation of the law, harassment, ostracism, will not face the employment consequences. Report Handling Every member who experienced or observed unethical conduct or illegal actions, is expected to immediately report it to Compliance Unit either by person, by phone or by email. The Company guarantees the confidentiality of the reporter’s identity during the investigation
Member that has conducted unethical actions or violation of the law will face disciplinary sanction (reprimands, warning, suspensions) until dismissal and possibly to be prosecuted by state. On the other hand, every member is reminded that it is considered an unlawful act if someone reports something that it is not true or not based on facts.
During 2015, the Company did not find any report of any alleged acts that violate the ethical guidelines or laws in the Company.
CONTENT OF THE COMPANY CULTURE
Company culture is demonstrated in form of Company values. The values are becoming a foundation to achieve the Company vision and mission. To align Company activities with its new vision and mission, the Company review
the organization practice and finally evolved with five basic values namely Creativity, Respectability, Excellence, Adaptability and Teamwork. Those values can be summarized as CREATE. remarkable ways and consistently looking for ideas and finding new methods to obtain the best results.
This is an important value for the Company, because high creativity especially in finding new ways to procure the energy isrequired in more tight competition.
Creativity is the ability to be creative in a remarkable ways and consistently looking for ideas and finding new methods to obtain the best results. This is an important value for the Company, because high creativity especially in finding new ways to procure the energy is required in more tight competition.
Respectability is the quality of the feasibility, accuracy, ethics and integrity to gain the trust and appreciation in the business. This is necessary because investment business requires high trust of investors and business partners and those should be achieved in positive ways.
Excellence is a tremendous effort and consistently in delivering results and run the business with the optimum quality. This is important because the mediocre products and services will not appeal to the partners and potential business partners.
Adaptability is the ability to make changes effectively in response to changing circumstances. This is necessary because the company needs to adjust itself to handling variety of circumstances as well as with a variety of partners.
Teamwork is the ability to cooperate with others to achieve the targeted results. This is important because of the cooperation both within the organization and with partner organizations is a vital influence to produce the Company’s output.