GCG Implementation

The implementation of Good Corporate Governance (GCG) is a form of Pupuk Kaltim’s compliance with the Letter from PT Pupuk Indonesia (Persero) as the Shareholder of Pupuk Kaltim number SE-08/XI/2012 dated 27 November 2012 concerning The Implementation of Good Corporate Governance in the Subsidiary of PT Pupuk Indonesia (Persero).

The implementation of GCG within Pupuk Kaltim aims to:

1. Optimize the value of the Company to maintain strong competitiveness, both nationally and internationally, so that the Company can continue to exist and operate sustainably to achieve its goals and objectives.
2. Encourage the management of the Company to act in a professional, efficient, and effective manner, as well as empower the functions and increase the independence of the Company’s Organs.
3. Encourage the Company’s Organs to make decisions and take actions based on high moral values and compliance with laws and regulations, as well as awareness of the Company’s social responsibility toward stakeholders and the preservation of the surrounding environment.
4. Increase the Company’s contribution to the national economy.
5. Promote a climate conducive to the development of national investment.