· News, Awards
Bukit Asam (PTBA)'s Improved Integrated Corporate Governance, Earning Four Top GRC Awards
PT Bukit Asam Tbk (PTBA), a member of the MIND ID Group, received four awards at the TOP GRC Awards 2024, which summit event was held in Jakarta on Wednesday, September 11, 2024.
The four awards include the TOP GRC Golden Trophy 2024, TOP GRC Awards 2024 # 5 Stars, The High Performing Board of Commissioners on GRC 2024, and The Most Committed GRC Leader 2024 for Arsal Ismail, President Director of PT Bukit Asam Tbk (PTBA).
The systems, infrastructure, and implementation related to corporate governance (GCG/Good Corporate Governance), risk management, compliance management, and the use of digital technology at PTBA are considered to be at an exceptional level, thus greatly supporting the successful implementation of GRC (Governance, Risk Management, and Compliance) and improving business performance in a sustainable manner.
The President Director and Board of Commissioners of PTBA are also considered to have strong commitment to implementing and integrating GRC into all operational aspects of the organization.
"We are grateful for the awards. This achievement motivates us to further strengthen our GRC implementation in order to enable the company to grow sustainably, thus allowing us to provide non-stop energy for Indonesia," said Niko Chandra, Corporate Secretary of PT Bukit Asam Tbk (PTBA).
PTBA has guidelines for implementing risk management in the company that are based on ISO 31000:2018 - Risk Management Guidelines and its derivative procedures. PTBA also successfully maintains the ISO 37001:2016 Anti-Bribery Management System (SMAP) certification, according to audit reports from PT TUV NORD Indonesia, an Independent Certification Body.
"We always focus on the aspects of compliance with applicable regulations in our business processes implementation," Niko emphasized.
The TOP GRC Awards have been held annually since 2019. This year’s theme is Leadership For Sustainable Impact: GRC, ESG, and SDGs.
This event was organized by Top Business Magazine in collaboration with several leading Indonesian institutions, including the Indonesian GRC Association, IRMAPA (Indonesian Risk Management Professional Association), ICoPI (Indonesian Compliance Professional Institute), and PaGi (Indonesian Governance Professional Association), and supported by several GCG and Risk Management consulting companies.
The four awards include the TOP GRC Golden Trophy 2024, TOP GRC Awards 2024 # 5 Stars, The High Performing Board of Commissioners on GRC 2024, and The Most Committed GRC Leader 2024 for Arsal Ismail, President Director of PT Bukit Asam Tbk (PTBA).
The systems, infrastructure, and implementation related to corporate governance (GCG/Good Corporate Governance), risk management, compliance management, and the use of digital technology at PTBA are considered to be at an exceptional level, thus greatly supporting the successful implementation of GRC (Governance, Risk Management, and Compliance) and improving business performance in a sustainable manner.
The President Director and Board of Commissioners of PTBA are also considered to have strong commitment to implementing and integrating GRC into all operational aspects of the organization.
"We are grateful for the awards. This achievement motivates us to further strengthen our GRC implementation in order to enable the company to grow sustainably, thus allowing us to provide non-stop energy for Indonesia," said Niko Chandra, Corporate Secretary of PT Bukit Asam Tbk (PTBA).
PTBA has guidelines for implementing risk management in the company that are based on ISO 31000:2018 - Risk Management Guidelines and its derivative procedures. PTBA also successfully maintains the ISO 37001:2016 Anti-Bribery Management System (SMAP) certification, according to audit reports from PT TUV NORD Indonesia, an Independent Certification Body.
"We always focus on the aspects of compliance with applicable regulations in our business processes implementation," Niko emphasized.
The TOP GRC Awards have been held annually since 2019. This year’s theme is Leadership For Sustainable Impact: GRC, ESG, and SDGs.
This event was organized by Top Business Magazine in collaboration with several leading Indonesian institutions, including the Indonesian GRC Association, IRMAPA (Indonesian Risk Management Professional Association), ICoPI (Indonesian Compliance Professional Institute), and PaGi (Indonesian Governance Professional Association), and supported by several GCG and Risk Management consulting companies.
