A Number Of Issuers Implement The Sustainable Business Of Sanding GRC, ESG, And SDGs

JAKARTA - The Top GRC (Governance, Risk, and Compliance) Awards 2024 were given to well-known companies from a number of industrial sectors, Wednesday 11 September, at the Raffles Hotel Jakarta. This event was held by TopBusiness Magazine which was attended by hundreds of attendees from various circles.

There are several of the best companies to receive the prestige award. Among them are PT Pupuk Sriwidjaja Palembang, PT Pos Indonesia (Persero) Tbk, PT Bumi Resources Tbk, PT Jasa Raharja (Persero), PT Lintaarta, PT Kaltim Melati Bhakti Satya, PT Sarana Multi Infrastruktur.

There are also PT Malinora Power, PT Pupuk Kujang, PT Geo Dipa Energi, PT Perta Life Insurance, Aviasi Tourism (Persero) In Journey Holding, PT Pelayaran Bahterat Adhiguna, PT Indo Tambangraya Megah Tbk, PT Asuransi Sinar Mas, PT Bukit Asam tbk, and many other leading companies, both open and non-governmental companies.

The chairman of the 2024 TOP GRC Awards, M. Lutfi Handayani said, the theme raised for 2024 is as follows: Leadership for Sustainable Impact: GRC, ESG, and SDs.

"This means, through the Top GRC Awards 2024, we want to continue to encourage the business growth of participating companies to continue to grow sustainably, through the GRC, ESG (environment, social, and governance approach), and SDGs (sustainable development goals)," said Lutfi, as quoted on Friday, September 13.

In order for businesses to grow sustainably, the implementation of the GRC must also be sustainable. This requires a leader who has commitment and seriousness in running the GRC in his company.

For this event, TopBusiness Magazine collaborates with the Association of Indonesian GRCs, Irmapa (Indonesia Risk Management Professional Association), and Icopi (Institute Compliance Professional Indonesia). It is also supported by several GCG consulting companies and risk management, compliance management, and teaching staff from the Faculty of Economics and Business, Padjadjaran University, Bandung.

Lutfi, who is also the Editor-in-Chief of TopBusiness Magazine, said that the Top GRC Awards are the largest GRC assessment and awarding activities in Indonesia, which are given to companies that are considered to perform well, and have implemented GRCs effectively and with quality in business management.

The 'Top GRC Awards, which are the largest GRC awards activities, the most participants, and the proudest in Indonesia,' Lutfi emphasized.

In contrast to other GRC award activities. One of the advantages of the Top GRC Awards is that almost all of the Jury has received a GRC Oversight Professional Competency Certificate from the Governance, Risk and Compliance Professional Certification Institute (LSP GRK). This shows the credibility of the 2024 TOP GRC Awards activities.

The number of TOP GRC Awards 2024 participants reached 112 companies, an increase of 14% compared to last year's 2023. And interestingly, during an interview session with the Jury, many companies included the Board of Commissioners to attend, in addition to the Board of Directors and the GRC Team. "This shows the high attention and commitment of the Top Level Management in the success of the GRC in its company," said Lutfi.

Key speakers at the Top GRC Awards 2024 peak event, Secretary General of the National Committee for Governance Policy (KNKG), Prof. Sidharta Utama, conveyed a number of things. He, among other things, said that in the future, companies cannot only focus on the financial aspect. However, it also has to focus on environmental and social aspects.

"Later on, what will be appreciated by the public is a company that also focuses on the environment and social," said Sidharta.

Such a company, said Sidharta, has a greater chance of surviving in the future. So, the economic, social and environmental aspects need to be built together by companies, for the long term, "Sidharta emphasized.

The chairman of the 2024 Top GRC Awards Jury, Dr. Antonius Alijoyo said, the 2024 Top GRC Awards have important meaning and benefits, namely to encourage companies in Indonesia, so that their business performance can continue to grow sustainably, based on the application of the principles of Good Governance, Risk Management, and Compliance Management, which are effective and integrated. With the increasingly effective implementation of this GRC, the business performance of companies in Indonesia will remain safe and grow well, so that public and investor trust, both from within and outside the country, will be maintained and even increasing," Antonius said.

At the Top GRC Awards 2024, there were also 5 companies that won the Golden Trophy award, or the 5-star winner three times in a row.

The Jury Council appreciates and awards the President Director with the category The Most Committed GRC Leader 2024. As well as the category The High Performing Board of Commissioners 2024 for the Board of Commissioners. Then there is the category The High Performing Corporate Secretary on GRC 2024 for Corporate Secretary which is considered to have played a major role in improving GRC implementation in his company," he concluded.