Good Governance Implementation
PEPC implements good corporate governance (GCG) with discipline and upholds the values of integrity in every business activity. At PEPC, the practice of implementing GCG is continuously adjusted to current developments while still supporting PEPC's objectives.
Board Manual
The Board Manual is a standard guide for the Commissioners and Directors of PEPC in carrying out their duties and authorities to meet the interests of shareholders and other stakeholders.
Code Of Conduct
The Code of Conduct is a behavioral reference for PEPC personnel in carrying out their respective duties and responsibilities and interacting with fellow workers and company stakeholders. The Code of Conduct details the ethical guidelines for PEPC personnel.
The Code of Conduct can be read here.
Gratuities
In its business activities, PEPC has guidelines to handle the giving or requesting of gratuities from one party to another. This is a preventive and protective measure for all PEPC personnel. These guidelines include:
Guidelines on Gratuities, Rejection, Acceptance, Gift/Souvenir Giving, and Entertainment of PT Pertamina (Persero) ratified by PEPC.
These guidelines can be read here.
Conflict of Interest Policy
To maintain independent business relationships, PEPC has a policy that regulates matters related to conflicts of interest and the reporting mechanism, namely the Guidelines on Conflict of Interest of PT Pertamina (Persero), ratified by PT Pertamina EP Cepu.
These guidelines can be read here.
GCG Assessment
PEPC periodically audits the implementation of GCG, either by appointing independent assessors or through self-assessment.
From 2014 – 2023, the GCG implementation score of PEPC has been categorized as “Good.”
Explanation:
A. Commitment to the sustainable implementation of Good Corporate Governance.
B. Shareholders and General Meeting of Shareholders (GMS)/capital owners.
C. Board of Commissioners.
D. Board of Directors.
E. Information Disclosure and Transparency.
F. Other aspects.
