Governance
&Compliance
PT Gapura Angkasa is fully committed to implementing Good Corporate Governance (GCG) standards. As a form of compliance with Minister of State-Owned Enterprises Regulation No. PER-2/MBU/03/2023, the Company periodically measures GCG implementation.
Objectives of GCG Implementation
Objectives of GCG Implementation
Encourage the achievement of corporate balance through management based on the principles of transparency, accountability, responsibility, independence, as well as fairness and equality.
Optimizing the company's value to have strong competitiveness, both at the national and international levels, so that it is able to maintain the existence and sustainability of its business in achieving the company's aims and objectives.
Encourage professional, efficient and effective management of state-owned enterprises, as well as empower the functions and increase the independence of each company organ.
Encourage the empowerment of the functions and independence of company organs, namely the Board of Commissioners, Board of Directors, and Shareholders.
Encourage Shareholders, the Board of Commissioners, and the Board of Directors to always make decisions and carry out their actions based on high moral values and compliance with applicable laws and regulations.
Encourage the growth of corporate social awareness and responsibility towards the community and environmental preservation, especially around operational areas.
Increase the company's contribution to the national economy.
Improve the investment climate that is conducive to national investment development.
To achieve these objectives, the Company strives to consistently implement the basic principles of Good Corporate Governance, including the principles of Transparency, Accountability, Responsibility, Independence, and Fairness, in all its operational activities. The Company's concrete commitment to implementing GCG principles is as follows:
Transparency
The principle of transparency reflects openness in every decision-making process and in the delivery of material and relevant information. The Company is committed to openly disclosing material and relevant information to all stakeholders. Information regarding performance, financial condition, and other important matters is presented clearly, accurately, adequately, timely, and easily accessible in accordance with each party's rights.
Accountability
The principle of accountability emphasizes the importance of clarity of function, implementation, and accountability for each company organ, down to all work units. The Company ensures clarity of function, implementation of duties, and responsibilities at every level of the organization. This ensures that the Company's management can be carried out effectively, efficiently, and responsibly.
Accountability
The principle of accountability emphasizes the importance of clarity of function, implementation, and accountability for each company organ, down to all work units. The Company ensures clarity of function, implementation of duties, and responsibilities at every level of the organization. This ensures that the Company's management can be carried out effectively, efficiently, and responsibly.
Responsibility
The principle of responsibility emphasizes the importance of company management's compliance with applicable laws and regulations, internal policies, and Standard Operating Procedures (SOPs). The Company consistently complies with all applicable laws and regulations, manages the environment responsibly, maintains good reciprocal relationships with business partners, and implements social responsibility programs as a form of contribution to society and the environment.
Independence
The principle of independence reflects professional company management, free from conflicts of interest or pressure from any party. The Company maintains independence in all decision-making by implementing a code of ethics and policies that govern all transactions and investment plans to avoid potential conflicts of interest.
Independence
The principle of independence reflects professional company management, free from conflicts of interest or pressure from any party. The Company maintains independence in all decision-making by implementing a code of ethics and policies that govern all transactions and investment plans to avoid potential conflicts of interest.
Fairness
The principle of fairness implies justice and equality in fulfilling the rights of all stakeholders. The Company implements the principle of equality by providing fair treatment to all stakeholders. All rights and obligations are exercised in a balanced manner to create harmonious and sustainable relationships.
Legal Foundation
Legal Foundation
Legal Basis for Implementing Good Corporate Governance:
- 01
Law Number 40 of 2007 concerning Limited Liability Companies (State Gazette of the Republic of Indonesia Year 2027 Number 106 Supplement to the State Gazette of the Republic of Indonesia 4756). As last amended by Law Number 6 of 2023 concerning the Stipulation of Government Regulation in Lieu of Law Number 2 of 2022 concerning Job Creation to become Law (State Gazette of the Republic of Indonesia Year 2023 Number 41)
- 02
Regulation of the Minister of State-Owned Enterprises Number: PER-02/MBU/03/2013 concerning Guidelines for Governance and Significant Corporate Activities of State-Owned Enterprises.
- 03
Regulation of the Minister of State-Owned Enterprises Number: PER-3/MBU/03/2023 concerning Organs and Human Resources of State-Owned Enterprises.
- 04
Company's articles of association.
Corporate Governance Policy
Corporate Governance Policy
The Guidelines for Implementing Good Corporate Governance (GCG) at PT Gapura Angkasa refer to Decree Number: SKEP/DU/6030/AUG/2025 dated August 19, 2025, concerning Guidelines for Integrated Governance at PT Gapura Angkasa's Head Office.
Corporate Governance Framework
Corporate Governance Framework
GCG Principles
- Transparency
- Accountability,
- Responsibility
- Independence
- Fairness
GCG Structure
- Organ Requirements
- Authority, Duties and Responsibilities of Organs
- Relationship between Organs
GCG Process
- Corporate Business Process Governance
- Hub Management with Stakeholders
- Hub Management with Parent Company
GCG Evaluation
- GCG Assessment
- GCG Reporting
Good Corporate Governance Structure
Good Corporate Governance Structure
The Company's governance structure refers to Law Number 40 of 2007 concerning Limited Liability Companies, which defines three main corporate bodies:
- Shareholders through the General Meeting of Shareholders (GMS), which serves as the highest decision-making forum for Shareholders.
- The Board of Commissioners, which oversees the company's management.
- The Board of Directors, which oversees the company's operational management.
Each corporate body carries out its functions based on the principle of independence, with duties, functions, and responsibilities carried out solely in the best interests of the Company.
In carrying out its operational activities, the Board of Commissioners and the Board of Directors establish sub-organs of the Company to support smooth operations and provide strategic input for company development. The establishment of these sub-organs also aims to clarify the division of authority and responsibility in effectively implementing the basic principles of Good Corporate Governance (GCG).
Board of Commissioners
To strengthen the implementation of its supervisory function, the Board of Commissioners has established:
- Secretary to the Board of Commissioners;
- Audit Committee; and
- Business Development and Risk Monitoring Committee.
These two committees play a role in assisting the Board of Commissioners in carrying out its duties and responsibilities, while also providing recommendations and input in formulating policies within the scope of their duties. In addition, the Board of Commissioners is assisted by the Secretary of the Board of Commissioners in document administration.
Board of Directors
In carrying out its management function, the Board of Directors has supporting bodies that play a role in controlling, monitoring, and ensuring the consistent implementation of GCG principles. These work units also serve as partners for the committees under the Board of Commissioners.
Work units directly reporting to the Board of Directors include:
- Corporate Secretary Unit;
- Internal Audit Unit;
- Board of Directors Supporting Units/Committees.
These four units play a crucial role in maintaining effective oversight, ensuring regulatory compliance, and strengthening a culture of good governance throughout the organization.
The Audit Committee, under the Board of Commissioners, oversees and ensures the effectiveness of internal control functions and the reliability of financial reporting. Internal Audit is subordinate to the Board of Directors but maintains a functional relationship with the Audit Committee, where internal audit results are used for monitoring and evaluation by the Audit Committee. Meanwhile, the Audit Committee also coordinates with the External Auditor in reviewing financial reports and ensuring the independence of the audit process.
Implementation of Good Corporate Governance
Implementation of Good Corporate Governance
The implementation of Good Corporate Governance (GCG) is the Company's fundamental commitment to ensuring sustainable business growth. For the Company, good governance not only aims to achieve short-term performance but also ensures long-term business sustainability.
The Company continuously strives to strengthen the implementation of GCG through policy updates, procedural improvements, and increased effectiveness of the supervisory system. Furthermore, various socialization and internalization activities for GCG values are also carried out continuously for all company employees, ensuring that governance principles become not merely regulations but also a work culture embedded in every activity.
The Company believes that consistent implementation of GCG will strengthen its reputation as a Good Corporate Citizen and maintain stakeholder trust.
Concrete forms of GCG implementation undertaken by the Company include:
- Update and align governance structures and guidelines, such as the Strategic Investment and Corporate Action Guidelines, Board of Management Meeting Guidelines, Code of Conduct Guidelines, Integrity, Transparency, and Compliance Guidelines, PT Gapura Angkasa's Integrated Governance Guidelines, Board of Directors' Code of Conduct Guidelines, and their derivative procedures (Whistle-Blowing System Procedure, Anti-Bribery Management System Procedure, Gratuity Procedure, and State Officials' Asset Reporting Procedure).
- Periodically sign the Integrity Pact and Business Ethics Guidelines by all Gapura employees as a commitment to integrity and professionalism.
- Establish various support teams for GCG implementation to ensure optimal implementation.
- Conduct periodic assessments, both through external assessments and internal evaluations, to measure the effectiveness of the implementation of GCG principles.
Company Policy Manual
Company Policy Manual
Integrated Governance Guidelines
The Integrated Governance Guidelines are a framework that governs the integrated implementation of Good Corporate Governance (GCG) principles.
Code of Conduct Guidelines
The Code of Conduct Guidelines is a set of commitments consisting of Business Ethics and Code of Conduct, which outline the obligations and prohibitions that PT Gapura Angkasa and its employees must avoid.
Integrity, Transparency, and Compliance Guidelines
The Guidelines provide clear guidance on:
- Gratification Control:
Gratification is the giving and/or receiving of gifts/souvenirs and entertainment, whether received domestically or abroad, and whether conducted electronically or non-electronic, by employees and Company officials in connection with their authority/position within the Company, which may create a conflict of interest that could affect independence, objectivity, and professionalism. - State Officials' Wealth Report (LHKPN):
State Officials' Wealth Report (LHKPN) is mandatory for the Board of Directors and Board of Commissioners of PT Gapura Angkasa to report all their assets to the Corruption Eradication Commission (KPK). - Implementation of the Anti-Bribery Management System (SMAP):
The implementation of the Anti-Bribery Management System (SMAP) is PT Gapura Angkasa's effort to prevent, detect, and address bribery. - Implementation of the Whistleblowing System (WBS):
The Whistleblowing System (WBS) is a reporting mechanism that provides employees or external parties with the opportunity to report suspected violations, fraud, or unethical acts within PT Gapura Angkasa.
Whistleblowing System
Whistleblowing System
Whistleblowing Systemadalah sarana untuk mengelola pengaduan/penyingkapan mengenai perilaku melawan hukum, perbuatan tidak etis/tidak seharusnya secara rahasia, anonim dan mandiri (Independen) yang digunakan untuk mengoptimalkan peran serta Insan Gapura dan pihak lainnya dalam mengungkapkan pelanggaran yang terjadi di lingkungan Perusahaan.
Dalam rangka terwujudnya penerapan Tata Kelola yang baik, maka PT Gapura Angkasa baik pihak Internal maupun pihak Eksternal untuk menggunakan jalur pelaporan dugaan pelanggaran di PT Gapura Angkasa melaui sarana Penyampaian Laporan yang Independen dan rahasia, dengan saluran pelaporan sebagai berikut:
Email: Governance.Compliance@gapura.id
Procedures for Reporting to the PT Gapura Angkasa Whistleblowing System
Reported information
Reported information
The reporter must provide personal identification information (can also be done anonymously):
- Name;
- Address;
- Telephone/mobile phone/email address;
Complaints of violations must be accompanied by supporting documents.
Reporting Elements
Reporting Elements
- WHAT: Description of the Violation
- WHO: Alleged Violator or Other Parties with Knowledge or Involvement
- WHERE: Place of Violation
- WHEN: Date and Time of Incident
- WHAT: Evidence of the Violation
- HOW: Chronology of the Violation
Scope of the Whistleblowing System Report
Scope of the Whistleblowing System Report
Category 1 (Criminal Acts)
- Theft
- Fraud
- Cheating
- Conflict of Interest
- Corruption, Collusion, and Nepotism
- Abuse of Position for Personal Gains
- Threats
- Misappropriation of Company Funds
- Embezzlement of Company Assets
- Receiving, Giving, and Soliciting Gratuities
- Leaking Company Confidentiality
- Extortion
Category 2 (Values, Ethics, Discipline, and Internal Regulations)
- Misuse of Company Facilities
- Ethical Violations and Indecent Acts
- Disciplinary Violations
Documentation
Documentation
Stay informed about the latest activities.
Submission of the 2024 GCG Self-Assessment Results
Governance & Compliance Unit
Dissemination of the 2025 GCG Guidelines
Governance & Compliance Unit