Code of Conduct is applies to the Board of Commissioners, Directors and Company’s employees (Member) as outlined in the Code of Conduct and Business conduct’s manual prepared by the Company. Code of Conduct represents a general guideline for all Members in running business ethics and their work. The Code aims to provide guidance on actions taken by members to form the Company’s culture in accordance with the Company’s basic values.
The Company has disseminated code of conduct to all Members by providing training and education as well as through a variety of communication media.
Principles of code of conduct among others:
- Business Practices, Accounting and Financial
- Conflicts of Interest
- Travel and Leisure
- Confidentiality, Use of Assets, the Company’s Information and Technology
- Usage of the Company’s Title and Letterhead
- Fair Competition and Deal
- International Business
- Exemption / Amendment of Code of Business Conduct and Ethics; Amendment
- Compliance Procedure
Code of Conduct violations constitute a violation of the terms and conditions of employment, and may result in sanctions up to disciplinary action to Members who violated.
Submission of violation’s reports can be carried out in writing and forwarded to the Senior Management or the Audit Committee. When conducting the investigation, Senior Management or the Audit Committee will reasonably protect the reporter’s confidentiality. Senior Management or the Audit Committee will investigate each reported case and if necessary, take corrective action and discipline, which may include, alone or in groups, warning or reprimand letter, turnover, demotion, loss of increase in service or employment termination or outside legal, accounting or other advisors, as appropriate, to conduct an investigation into any criminal offense.
Senior management or the Audit Committee may designate employees of the Company and/or outside legal, accounting or other advisors, as appropriate, to conduct an investigation into any criminal offense.
Senior management or the Audit Committee will keep all written records of reports or injuries. Personal data will be deleted soon after the investigation if the report is groundless and within 12 (twelve) months, unless it is required for purposes.