The Company is committed to implementing business development by prioritizing the principle of fair operation. The Company complies and adheres to all applicable laws and regulations.
ANTI CORRUPTION
In line with the spirit of the Indonesian government to eradicate corruption, AKR has a similar commitment. This commitment is inseparable from the implementation of the principles of Good Corporate Governance (GCG), whose objectives include increasing the confidence of consumers, investors and Shareholders.
For this reason, the Company has been trying to close the doors that open opportunities for abuse of office, including the possibility of the practice of gratification and bribery. The commitment to close the opportunity for corruption will apply to all AKR employees without exception. With this commitment, in 2018 there were no proven corruption incidents and actions taken for the incident.
AKR’s policy on anti corruption requires all employees to sign integrity pact which prohibits the practice of corruption, collusion and nepotism in the AKR Group. The pact also requires all employees to avoid giving and receiving gifts or bribery and act honestly.
FAIR COMPETITION
In conducting the business, AKR is always ready to compete in a fair manner, against monopoly and antitrust. To win the competition, the Company strives as much as possible by formulating specific strategies, which are adjusted according to the program and targets to be achieved. In 2018, there were no anti-competitive reports and actions related to the AKR’s business practices.
TRANSPARENT PROCUREMENT OF GOODS AND SERVICES
AKR provides equal opportunities to all parties to become partners in the process of procurement of goods and services. However, the Company sets certain requirements to become partners.
To become an AKR partner, a company must first register as a partner of AKR. This is to ensure the existence and legality of the partner’s administrative requirements in accordance with the applicable laws and regulations.
AKR has a Non-Trade Procurement Standard Operating Procedure (SOP) (for non-trading goods / services), which is carried out by the following mechanism:
The Company guarantees that all processes in the procurement of goods and services are carried out transparently by upholding the companys’ code of conduct.