The implementation of good and sustainable corporate governance is the main foundation of Cogindo in ensuring optimal performance and increasing added value for Shareholders and other Stakeholders towards sustainable company growth.
Cogindo continues to develop GCG supporting systems, structures and policies aimed at encouraging the growth of awareness and commitment to continuous implementation of GCG. One of them is by evaluating the work management guidelines of the Board of Commissioners and Directors (Board Manual) as an instrument in the implementation of GCG with stages of activities that are structured, systematic, easy to understand and can be carried out consistently.
GCG Guidelines and Corporate Ethics Guidelines play a very important role as instruments in encouraging the implementation of GCG that is increasingly effective so that the implementation of the best Corporate Governance standards is Cogindo's goal in the long term to be able to increase company value and support the achievement of the Company's performance in the future.
1. Corporate Governance Policy (GCG Code)
The implementation of good and sustainable corporate governance is the main foundation of Cogindo in ensuring the achievement of optimal performance and increasing added value for shareholders and other stakeholders towards sustainable company growth. The GCG Guidelines of PT Cogindo Daya Bersama are regulated in the Joint Decree of the Board of Directors sk No. 042.A. K/CDB/XI/2016 (Download here)
2. Code of Conduct (COC)
The Company's Code of Ethics is prepared to be a behavioral reference for all Cogindo personnel as part of efforts to achieve the company's Vision and Mission. The Company's Code of Ethics is the responsibility of all Cogindo personnel including employees, directors, board of commissioners and committees under the Board of Commissioners to behave in accordance with the Company Culture. The consistent implementation of the Company's Code of Ethics is expected to encourage the realization of professional, responsible, reasonable, appropriate and trustworthy behavior in conducting business relationships with colleagues and partners. The Company's Code of Ethics was ratified based on the Joint Decree of the Board of Commissioners and Directors Number: No. 027.K/CDB/V/2021 and Decree No. 03.K/DEKOM-CDB/2021(Download here)
3. Board Manual
The Board Manual is a document that explains in general the rights, obligations, duties, authorities, the Board of Commissioners and the Board of Directors as the Main Organs of the Company as well as the process of relationship and function between the two organs. The work guidelines of the Board of Commissioners and Board of Directors are regulated in the Joint Decree of the Board of Commissioners and Directors SK No. 053.K/CDB/X/2021 and Decree No. 004.K/DEKOM-CDB/2021 (download here).
4. Gratification Control Policy
All policies related to gratification control have been communicated to the Board of Commissioners, the Board of Directors and all Employees of the Company. In addition, it is socialized to stakeholders through the website If there is an inevitable receipt of gifts / gifts, the employee concerned can submit a report along with the gift / gift to the Corporate Secretary by filling out the form provided no later than 30 days after receipt. The Corporate Secretary has received a report on the receipt of the inevitable Gift / gift from the partner. The Gratification Control Guidelines are stated in Decree No. 059.K / CDB / IX / 2019(download here).
5. Conflict of Interest Policy
The Conflict of Interest Policy provides guidance on how to know, prevent and overcome conflicts of interest as well as procedures for disclosing possible conflicts of interest in order to ensure good management of the Company. Conflict of Interest Guidelines are regulated in the Joint Decree of the Board of Commissioners and Directors SK No. 003.K / DEKOM-CDB / 2020 and SK No. 064.K / CDB / VI / 2020 (download here)
6. Whistle Blowing System Policy
The Whistle Blowing System Policy is an implementation guideline (download here) in handling complaints of violations from stakeholders to ensure the implementation of an effective violation complaint resolution mechanism as an effort to disclose various violations in the Company that are not in accordance with applicable ethical standards. This policy is stated in the Joint Decree of the Board of Directors and Board of Commissioners sk No. 079.K/CDB/XII/2019 and DECREE No. 004.K/DEKOM-CDB/2019 (download here).
7. Public Information Transparency Policy
Cogindo's Public Information Transparency Policy contains restrictions on Company Information that is allowed to become public consumption or public materials that are excluded from all information that must be informed to the public which is regulated in Decree No. 031.K / CDB / XI / 2015 concerning Services, Disclosure and Disclosure of Public Information within PT Cogindo DayaBersama (download here).
8. Clean Cogindo Policy
Cogindo Clean (CDB Clean) is a GCG implementation program that involves all stakeholders both internally and externally. CDB Bersih is in line with the "CLEAN PLN" and "Clean IP" programs aimed at making PLN and its affiliates free of corruption, collusion, and nepotism in 2016. Clean CDB is implemented in all Company Organs, Employees, Officers, and Stakeholders. Clean CDB has 4 pillars, namely Participation, Integrity, Transparency, and Accountability (PITA) in line with GCG Principles. Guidelines in dealing with gartification practices are regulated in the Decree of the Board of Directors No. 059.K / CDB / IX / 2019 (download here).