MedcoEnergi places great importance on implementing Good Corporate Governance (GCG) policies of the highest standards. The GCG principles of Transparency, Accountability, Responsibility, Independence, and Fairness are fundamental to realizing the company’s vision and are deeply ingrained in its corporate values and culture. To implement GCG, the company is committed to developing responsibility in the management system, strengthening control functions, and improving transparency. This commitment delivers substantial benefits to the company and its stakeholders.

The principles of GCG is implemented pursuant to the Law No. 40 of 2007 on Limited Liability Corporation, Law No. 8 of 1995 on Capital Market, the Company’s Articles of Association, regulations of the Indonesian Capital Markets and Financial Institution Supervisory Agency (Bapepam-LK), regulations of the Indonesia Stock Exchange (IDX), and other pertaining laws and regulations. The Company also adheres to the GCG principles instated by the Organization for Economic Cooperation and Development (OECD) as well as the Indonesian GCG Guidelines.

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