OBJECTIVES OF GCG IMPLEMENTATION
Directing & managing relationship to all stakeholders
Promoting and supporting the Company’s growth
Managing human resource discreetly
Managing risk more responsibly
Enhancing the Company’s good image
Treating stakeholders more responsibly
Preventing irregularity in the management of the Company
Promoting work ethos
To achieve those objectives, Company strives to apply basic GCG principles of transparency, accountability, responsibility, independence, and fairness consistently in each operational activity. The form of Company’s real commitment to the implementation of GCG principles is as follows:
IMPLEMENTATION OF TRANSPARENCY
PThe Company assures that all material and relevant information regarding its performance, financial condition and other issues will be disclosed in a clear, adequate, accurate, comparable and timely manner, and accessible by the stakeholders according to their respective rights.
IMPLEMENTATION OF ACCOUNTABILITY
The Company assures the clarity of function, implementation and accountability of each level in the Company’s organization to enable an effective management of the Company.
IMPLEMENTATION OF RESPONSIBILITY
The responsibility principle is implemented by always adhering to the prevailing laws and regulations, good management of ex mining hotspots, performing reciprocal obligations to business partners as well as designing and implementing corporate social responsibility programs.
IMPLEMENTATION OF INDEPENDENCY
Independency principle is implemented by preparing and ensuring the adherence to the codes of conduct and regulating all transactions and investment plans with potential conflicts of interests.
IMPLEMENTATION OF FAIRNESS
The Company implements fairness principle by giving equal treatment to the rights and obligations of its stakeholders. The Company makes available the access to information on the progress of the Company to all stakeholders.