PT Badak NGL applies good corporate governance based on the TARIF principles — Transparency, Accountability, Responsibility, Independency, and Fairness.
PT Badak NGL implements Good Corporate Governance (GCG) based on five core principles abbreviated as TARIF.
Providing material, relevant, and easily understood information to all stakeholders.
Proper, measurable management aligned with the interests of the company and its shareholders.
Complying with regulations and fulfilling obligations to society and the environment.
Operating independently without domination by any particular organ or external interference.
Balancing the interests of shareholders and stakeholders in a fair and equitable manner.
The Board Manual serves as the operational guideline for the Board of Commissioners and Board of Directors of PT Badak NGL.
The Code of Corporate Governance is the foundation for GCG implementation at PT Badak NGL.
PT Badak NGL establishes a Code of Conduct as a guide for all company organs and employees.
PT Badak NGL operates within the Indonesian corporate governance framework consisting of three main organs.
PT Badak NGL establishes a gratification control program to regulate the practice of giving and receiving gifts and sponsorships.
Telp: +62548-55-1490 | Fax: +62548-55-2170
Download Gratification Control Program (PDF)
PT Badak NGL implements an Anti-Bribery Management System (ABMS) based on the SNI ISO 37001:2016 standard.
PT Badak NGL establishes formal provisions regarding the giving and receiving of gifts and sponsorships.
Document: BJ00-233 — Decree on Giving and Receiving Gifts and Sponsorships 2021