EN ID
About Total Projects Business Governance CSR Investor Relation Media Reach Us
About Total Projects Business Governance CSR Investor Relation Media Reach Us
EN ID

GOVERNANCE

GOOD CORPORATE GOVERNANCE

At a Glance

The Development of GCG

Assessment of GCG

Policy GCG

Corporate Code of Ethic

Code of Conduct

Anti-Corruption Policy

Vendor Relations Policy

Creditor Relations Policy

Whistleblowing System

Board of Directors' Decisions Requiring Approval from the Board of Commissioners

Corporate Governance Information

CORPORATE GOVERNANCE STRUCTURE

GENERAL MEETING OF SHAREHOLDERS

Board of Commissioners & Directors

Procedure of Remuneration for Board Of Commissioners and Directors

Roles and Responsibilities of Board of Commissioners

Roles and Responsibilities of Board of Directors

COMMITTEE

Audit Committee

Nomination and Remuneration Committee

Business Development Committee

Internal Audit Unit

Risk Management

Corporate Secretary

AT A GLANCE

Good Corporate Governance principles is an essential aspect to lead the Company to sustainability, whereby the operations are in line with the Company's vision and mission. Management has established supporting instruments for work units, function to control, watch, and be held accountable for the implementation of GCG, while concurrently acting as partners for the committees under the Board of Commissioners.

Understanding good corporate governance is essential to ensure advantages in the operations of a Company’s management, so that the Company can develop and achieve success. The implementation of GCG reflects the Company’s efforts to optimize their performance in order to provide value to customers, public society, and stakeholders, in addition to targeting and enhancing the Company’s high value of the corporation. GCG plays a significant role in supporting the Company’s high performance and sustainability. GCG also impacts the Company’s structuring that resulted in a well established and highly organized system.

The concept of Corporate Governance, is initially issued through propositions, concerning regulatated amendment for issuers listed on the BEJ in 1998 (now is named Indonesia Stock Exchange), of which the content mandates each Company to appoint an Audit Committee and Independent Commissioner. As well as to entitle the Corporate Secretary, to magnify information transparency.

Indonesia’s government has already established Komite Nasional Kebijakan Governance (KNKG) by virtue of Decision from the Coordinating Minister of Economic, Financial, and Industrial Affairs Nomor: KEP-31/M.EKUIN/06/2000. KNKCG have duties to formulate and recommend national policy regarding GCG. To pioneer, monitor improvement and innovation in corporate governance arena in Indonesia. Issuing guidelines for Indonesia’s GCG is one of its responsibilities.

The implementation of GCG is essential for the Company to manage hierarchy and systems successfully. This practice will result in positive impacts for the Company namely efficiency, competitiveness, sustainable growth, optimum value, and high return. The enforcement of GCG will enhance the Company’s credibility with investors, as well as increasing the Company’s values as their investment target. In TOTAL, GCG then functions as a steering body that is accountable for monitoring corporate performance for the improvement of its business operation. Relating to its function, the implementation of GCG provides rights and responsibilities to all stakeholders. Balancing between external and internal interests, can also be achieved through effective controls.

In the future, TOTAL will render GCG into the Company’s corporate culture so that any aspects damaging the Company will be minimized.

Jl. Letjen. S. Parman Kav. 106
Jakarta Barat 11440
Indonesia

Phone
Fax
E-mail

: (021) 5666999
: (021) 5663069
: totalbp@totalbp.com

MENU

About TOTAL
Project
Business
Governance
Investor Media

CAREER

Learning &
Development
Career Development
Internship
Career with Us

REACH US

Head Office
Capital Market
Supporting Institutions

© 2023. PT TOTAL BANGUN PERSADA Tbk. All rights Reserved.