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View all search resultsState-owned oil and gas company PT Pertamina continually strengthens good corporate governance by ensuring that ISO 37001:2016 in the antibribery management system (AMS) can be implemented well in the company’s entire operations
tate-owned oil and gas company PT Pertamina continually strengthens good corporate governance by ensuring that ISO 37001:2016 in the antibribery management system (AMS) can be implemented well in the company’s entire operations. The step is the company’s effort to increase the implementation of good corporate governance and the prevention of corruption in the company.
The effort has received recognition and a certificate from PT SGS Indonesia as a certification body following the completion of the external audit by the end of March 2021. In 2019, the AMS was implemented in the company’s Procurement Function Division and the Upstream Directorate and managed to earn a certificate from the certification body in March and August 2020.
Pertamina’s acting senior vice president of corporate communications & investor relations, Fajriyah Usman, said the implementation of the AMS demonstrated the company’s concrete support for the government’s policy of preventing corruption in Indonesia as enshrined in Presidential Instruction No. 10/2016 on the prevention and eradication of corruption and Presidential Regulation No. 54/2018 on the national corruption eradication strategy and also several letters issued by the State-Owned Enterprises Ministry in 2019 and 2020 as implementer of the presidential instruction and presidential regulation and Pertamina has been appointed as a pilot project for the implementation of the ISO 37001:2016-based antibribery management system.
“With the ISO 37001 certificate, we hope that stakeholders’ trust continues to increase because the company has implemented the antibribery program in compliance with internationally recognized standards. Certainly, this will support the company’s vision to become a world class energy company,” Fajriyah said.
When handing over the certificate, SGS Indonesia’s president director Shashibhushan Jogani explained that the antibribery management system now being implemented and enforced in Indonesia constituted a crucial factor to boost the company’s performance and enhance the organization’s image internationally.
"ISO 37001 AMS has been deigned to serve as a guideline for companies’ operation so as to prevent, detect and respond to bribery and also ensure the enforcement of a regulation related to antibribery through the implementation in operational activities and corporate business,” Shasi said.
Apart from that, Fajriyah said, the implementation of the AMS was an effort to strengthen good business governance and transparency aligned with the demand for environmental, social and corporate governance (ESG) and the Sustainable Development Goals (SDGs), especially point 16 related to effective, transparent and accountable governance.
“The management is committed to conducting corporate activities in an integrated manner to embody a transparent and clean company through the implementation of the AMS and also the “Four Nos”, namely No Bribery, No Kickback, No Gifts and No Luxurious Hospitality,” Fajriyah asserted.
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