Good Corporate Governance (GCG) principles have consistently been held in PT Kimia Farma Trading & Distribution (KFTD) concerning the vision, mission, and objectives of the company. These principles, including transparency, accountability, responsibility, independence, equality, and equity, are expected to be carried by all units so any harmful violations, like bribery and corruption, can be diminished and the company objectives can be fulfilled.

Transparency

KFTD runs the decision-making process and reveals the relevant material information in transparency by disclosing the information on time adequately, clearly, accurately, and comparably accessible by the stakeholders. The policy is written and communicated to them.

Accountability

Accountability in KFTD is maintained when all units take responsibility for each authority so the function, structure, system, and implementation principles can be managed effectively. Adhering to the Good Corporate Governance (GCG) principles, corporate values, and code of conduct, all units are responsible for each duty in line with the vision, mission, and strategy of KFTD.

Responsibility

As Good Corporate Citizens, all units are expected to comply with the rules and regulations, take social responsibility for society and the environment, and maintain long-term business sustainability in KFTD .

Independence

The decision-making process in KFTD is managed independently, objectively, and professionally without conflict of interest, influence, or pressure from any parties. Each organ in the company is expected to avoid dominance and intervention that does not align with the rules and regulations.

Equality and Equity

Regarding the interest of all shareholders and stakeholders, all activities in KFTD are held based on the rules and regulations. The principle is organized with equality and equity to share benefits and contributions to the company.

Thus, KFTD has consistently held to the principles of Good Corporate Governance (GCG), including transparency, accountability, responsibility, independence, equality, and equity, so that it can fulfill the vision and missions of the company.

By Joe