PTBA fully supports the government’s attitude to eradicate corruption on all fronts. Anti-corruption policy refers to Law No. 20 Year 2001 on Amendments to Law No. 31 Year 1999 on Eradication of Corruption Crimes. Support for the eradication of corruption is provided because the Company considers corruption to be an extraordinary crime that has a very wide impact on the all aspects of the nation, state and society. [103-1]

To support anti-corruption practices, the priority step taken by the Company is to prevent acts of corruption and bribery as part of creating an anti-corruption culture in its internal environment. This commitment was strengthened by the signing of the Declaration of Integrity Pact on March 2, 2016. The signing was carried out by Milawarma as the President Director of PTBA along with Agus Suhartono, President Commissioner, and Sugiyono Sugi, representing the Deputy and Director of the Gratification of the Corruption Eradication Commission (KPK). [103-2]

The signing of this declaration was a further commitment made by PTBA in 2005. At that time, in front of Chief of Attorney General, the Republic of Indonesia’s Police Chief, and the Chairman of the Republic of Indonesia’s Supreme Audit Agency, the Company was committed to managing, reporting and controlling briberies. With this continued commitment, the Company will not give, accept all forms of briberies, and will report if one is forced to accept briberies. This commitment was welcomed by the KPK and PTBA and is considered to have anticipated corruption in the corporate environment from early on.

The anti-corruption policy is contained in the entire contents of the Company’s Code of Ethics in the Business Ethics and Work Ethics Section, especially in terms of conflicts of interest, giving and receiving, improper payments, and monitoring and use of assets. In addition, all PTBA employees are also required to sign an Integrity Pact as part of their commitment to support anti-corruption policies. Not only that, PTBA also has a special policy that regulates the prohibition of accepting and giving gifts and briberies.

As part of its commitment to help fight corruption, PTBA also strives for all human resources responsible for supervision to take part in education and training on audit procedures and the detection of risk of irregularities. To enhance the anti-corruption spirit of all PTBA employees, anti-corruption education and training is regularly held, especially in units that have the potential to be exposed to acts of corruption, fraud, bribery, gratification and its kind.

All anti-corruption activities carried out, will ultimately lead to the success of PTBA in implementing the values of the Company “VIIPS” that is Visionary, Integrity, Innovative, Professional, and Cost & Environmental Awareness implemented in the work culture of “Si Prima” (Synergy, Professional , Belief). The foundation of “Si Prima” work culture is “Work Sincerely, Smart, Hard, Thorough”. The strict and consistent implementation is believed to be able to reduce the risk of loss.

The seriousness and commitment of anti-corruption in PTBA is proved by the absence of a corruption incident during the reporting year. Accordingly, no action has been taken relating to corruption cases. This anti-corruption commitment is also evidenced by the recognition of ISO 37001: 2016 certification.