The applicable Company Ethics serves as a code of conduct for all elements of the Company, both stakeholders, shareholders, management and employees. The implementation of Company ethics on an ongoing basis is expected to shape the Company’s culture. The Company also applies several principles related to the ethics of implementing GCG, ethics and culture of the Company.
- We strive to be an honest and committed company by running a healthy, strong and fair business that is driven by commendable values and law-abiding and respects all stakeholders.
- The Company is obliged to run or manage the Company’s business by observing the principles of business ethics and the applicable laws and regulations.
- The Company implements the principles of Good Corporate Governance and cares for the community, culture and the environment.
- Acts against the law and violating ethics are prohibited even for business reasons or pressure from any party.
- The Company protects every reporter who provides information regarding legal violations, unethical events, or other actions that violate the principles of Good Corporate Governance.
Behavior Core Value “Akhlak”
Unit Internal Audit
As a “Smart Partner” for Management, Business Units / Work Units and subsidiaries in order to achieve the Company’s objectives and as a supporter for all levels of the Company and subsidiaries to create a culture of discipline in implementing all statutory provisions / policies / regulations / procedures / processes applicable business.
- Provide IA services and consultancy in a professional, objective and independent manner for Management, Business Units / Work Units, subsidiaries.
- Providing assurance (assurance) regarding the feasibility of financial reporting.
- Actively monitor the implementation of internal controls, provide support in improving the implementation of GCG, and evaluate the implementation of risk management.
Duties and Responsibilities
Duties and Responsibilities of the Internal Audit Unit are governed by the following Internal Audit Charter:
In line with the commitment to carry out good corporate governance, the Company implements Enterprise Risk Management (ERM) which aims to anticipate all risks that may arise in every business activity. These risks are managed so as not to impede the achievement of the Company’s goals and objectives.
In ERM, Risk Management is inherent in the operation of each work unit, involving all members of the Company, management and employees to identify an event or potential event that can cause harm and to manage those risk comprehensively.
In order to integrate Risk Management into an inseparable part of the Company’s business and operational processes, several strategic steps have been taken which include:
- Developing Risk Management policies as a guideline for the Company’s risk management in the form of a Decree of the Directors of PT Dayamitra Telekomunikasi no. KD.13/CEO-010/III/2012 dated March 15, 2012. This guideline contains the standard framework for implementing Risk Management, which is implemented in the ERM at every level;
- Establishing risk registers and periodically assess risk levels and mitigation plans needed to control risk in accordance with the risk register;
- Determining the priority scale of Risk Management and alternative mitigation plans by considering the level of cost and benefit;
- Monitoring the implementation of the mitigation program and its impact on changes in the level of risk on a regular basis to ensure that the level of risk can be controlled in a reasonable level and reporting the results of risk control to stakeholders and related parties.
In carrying out its business activities, the Company is inseparable from a number of risks, both risks originating from internal and external companies. To ensure that all risks that have the potential to impede the achievement of company objectives can be identified and controlled, a risk management process is carried out, starting from risk identification, assessment of risk levels, preparation of risk control programs (mitigation) to monitoring, and ongoing control.
Risk Management Policy
We socialize the integrity pact via email and intranet to all levels of management and employees. We take this step so that employees understand and respect the ethics in carrying out their duties and conducting business as well as possible so that the dignity and integrity of the Company’s employees is always maintained and continuously improved.
The socialized material contains several things such as those listed in the GCG PD, namely business ethics, fraud, risk management, internal control (“SOA”), whistleblowing, prohibition of gratification, IT governance, maintaining information security and other integrated matters and related to Corporate Governance practices.
Violation reporting system or Whistle Blowing System is one element of internal control at the entity level (entity level control). This system is designed and run by the Board of Commissioners to prevent, identify and detect possible criminal acts (fraud) and violations of applicable regulations, which can result in losses for the Company. This system provides formal reports for third parties and employees to submit complaints and provides clear and consistent policies and procedures for handling complaints.
Complaints submitted by reporters must be made with a sense of responsibility and not slandering, which can tarnish someone’s good name or reputation. Complaints from Third Parties and Employees are handled by Commissioners, Accounting and internal control over financial reporting that could potentially result in material misstatement in the financial statements:
- Audits, especially those concerning the independency of the Public Accounting Firm;
- Violations of laws and regulations relating to the Company’s operations;
- Violations of internal regulations that have the potential to cause harm to the Company;
- Fraud and/or suspected corruption committed by officials and/or employees of the Company;
- The behavior of the Directors and Management that is not commendable, which could potentially tarnish the reputation of the Company or cause harm to the Company.
The dishonorable behavior of the Directors and Management includes: dishonesty, conflict of interest with the Company, or misleading information to the public. Complaints submitted by the reporter must be made with a sense of responsibility and not slandering, which can tarnish the reputation or reputation of someone.
Requirements for Filing a Complaint Delivered in written form:
- Contains reporter’s identity. The Commissioner will maintain the confidentiality of the reporter’s identity;
- Contains information that provides instructions regarding problems as described in the types of complaints above;
- Information must be supported by sufficient and reliable evidence as preliminary data for further examination