Good Corporate Governance


Principles of GCG

PT. AKR Corporindo Tbk adheres to governance principles based on SEOJK No.32 /SEOJK.04/2015 and the Indonesian Corporate Governance Principles (PUGKI 2021). The Company regulates the rights of shareholders, stakeholders and their fulfillment, basic rules regarding management, and supervision of corporate management in Indonesia, including ethical aspects, risk management, and disclosure in accordance with applicable guidelines in Indonesia.

PUGKI 2021 consists of principles: (1) that regulate the management and supervision functions of the corporation, namely the Board of Directors and the Board of Commissioners, (2) that regulate the processes and outputsĀ  generated by the Board of Directors and Board of Commissioners, (3) that regulates resource owners, who will primarily benefit from the implementation of corporate governance.

These principles and their derivatives are imbued with the four pillars of corporate governance, namely: ethical behavior, accountability, transparency and sustainability. The reflection of the four pillars in Indonesia's corporate governance principles will encourage the creation of long-term corporate value.

Ethical Behavior
The Company always prioritizes integrity, treats all parties with respect, fulfills commitments, builds and maintains moral values and beliefs consistently. Company put concern to the interests of shareholders and other stakeholders based on the principles of fairness and equality and are managed independently.
Accountability
The Company must be accountable for its performance in a transparent and fair manner through managing the Company correctly, measurably and in accordance with the interests of the Company while still taking into account the interests of Shareholders and Stakeholders, so that the Company can achieve sustainable performance.
Transparency
The Company always provides material and relevant information in a way that is easily accessible and understood by stakeholders. The Company also always discloses matters required by statutory regulations, and matters that are important in stakeholder decision making.
Sustainability
The Company complies with statutory regulations and is committed to carrying out its responsibilities towards society and the environment in order to contribute to sustainable development by collaborating with all relevant stakeholders to improve their lives in a way that is in line with business interests and the sustainable development agenda.