Business ethics are an integral part of corporate governance to achieve success in the long-term. Code of ethics is a code of conduct used as the reference for company employees in implementing corporate values, in which implemented on an ongoing basis, will become a corporate culture.
Principles of Code of Conduct
The principles of the Company’s code of conduct are as follows:
Code of Conduct Applies to Every Level in the Company
All employees at all levels of the Company are committed and responsible in implementing the code of conduct consistently. Board of Directors and the Audit Committee has also emphasized the importance of code of conduct for the sustainability of the Company’s business.
Dissemination of Code of Conduct
The media to disseminate code of conduct to all individuals of the Company are as follows:
Enforcement and Sanction for Violation of Code of Conduct
Every employee is required to sign code of conduct when he joined the Company and execute it on the day-to-day activities. The Company periodically helds events to enforce code of conduct for employees. Violation of code of conduct may result in warnings to termination of employment.