JAKARTA - PT Semen Indonesia (Persero) Tbk (SIG) won the Best State-Owned Enterprises and Top 50 Issuers with the Biggest Market Capitalization (BigCap PLCs) from the Indonesian Institute for Corporate Directorship (IICD). SIG is considered to have implemented good corporate governance (GCG) practices in accordance with GCG principles.
The award was received by the Chief of Risk, Strategy & Sustainability SIG, Antonius Ardian Bermana at The 15th IICD Corporate Governance Conference and Award 2024 organized by IICD in collaboration with Investortrust at the Ballroom Pullman Hotel, Jakarta, on Monday, November 35th.
The 15th IICD Corporate Governance Conference and Award 2024 is a place of recognition and appreciation for companies that have shown a commendable commitment in implementing GCG practices. The assessment was carried out on 200 issuers based on the largest and middle market capitalization (Big Cap) (Mid Cap) registered on the Indonesia Stock Exchange based on the ASEAN Corporate Governance Scorecard (ACGS) 2024 assessment method.
GIS Corporate Secretary, Vita Mahreyni said, GIS is committed to always running business operations by adhering to five GCG principles, namely transparency, accountability, independence, and fairness. This commitment is based on the belief that the implementation of GCG has a positive impact on increasing the Company's ability to face every challenge in order to record sustainable performance growth and maintain the Company's business continuity in the future.
"SIG consistently takes measurements of the quality of GCG through the assessment and evaluation of the level of fulfillment of GCG criteria which refers to the Regulation of the Ministry of SOEs, ACGS, Financial Services Authority Regulations (OJK), and other related regulations. This award from IICD further strengthens the advantage of GIG in implementing GCG," said Vita Mahreyni.
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Vita Mahreyni added that the implementation of GCG is a form of SIG's responsibility to protect the rights attached to investors, so that trust in the Company can be maintained properly.
"The implementation of GCG contributes to creating a conducive investment climate in Indonesia which is expected to attract investors to invest so that it can support the acceleration of economic growth in Indonesia," said Vita Mahreyni.
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