Press Release

To ensure effective implementation of Good Corporate Governance, PTBA use several guidelines. These guidelines are;

1. Board Manual
   As working guideline for Board of Commissioners, Directors and their subordinates. The board manual governs relationship between the Board of Commissioners and Board of Directors, including their own authorities and responsibilities have been set out clearly.


2. Corporate Governance Guidelines
   This guide is often known as the GCG guidelines which contains principles described by management in policies and technical guidelines implementation. GCG Guidelines become a reference for Shareholders, Board of Commissioners, Directors, Employees and other stakeholders in dealing with PTBA.


3. Code of Conduct
   Is a tools in improving integrity of PTBA employees on every level to optimize GCD best practices. It includes the Company Business Ethics, Ethical Behavior for Individuals, dissemination and reporting of violations and compliance statement to Code of Conduct.


4. Whistle Blowing System
   It aims to create a good business climate and to encourage reporting of violations that can lead to loss of financial or non-financial; reduce losses from violations through early detection and early detection mechanisms to prepare for possible occurrence of the problem due to a violation. To encourage witness to report, PTBA established procedures and no disclosure for the whistle blowers identity and the investigators.