PT Kimia Farma Trading & Distribution (KFTD) is a corporation specializing in pharmaceutical trading and distribution. In dealing with business, the company must be able to offer a professional ecosystem to build trust from customers and enhance employees’ welfare, as well as the continuity of the company. For these reasons, KFTD adopts principles from Good Corporate Governance (GCG) that allow the company to manage operations based on work ethics and laws in an attempt to achieve healthy governance.
There are several things that KFTD has done to show its persistence and commitment to implementing the GCG, as shown below.
Achieving KIP Awards in 2023
KFTD has successfully received an award from BUMN Track in the category of Excellent in Information Media Management. This is a solid proof of the KFTD’s attempt to provide actual and transparent information to the stakeholders through the existing media the company has. The action leads the company to receive the awards, meaning that KFTD is well aware of the importance of information transparency in building trust and continuity of the company.
Publishing a GCG Manual
The implementation of GCG can help to avoid legal issues due to its regulation that is strictly regulated. All of the regulations are revealed in a manual that can be accessed by everyone through the KFTD website. The manual contains information on the implementation of GCG, including the sanction if any law is violated.
Conducting Legal Issue Preventive Actions
In managing the company, KFTD always tries to prevent the practice of corruption, collusion, and nepotism (KKN) that can affect the integrity of the company. To prevent any legal issue, a mechanism to report the practice of gratification is available on the official website of KFTD. Similarly, the company also conducted several disseminations aimed at internal parties related to the state official wealth report (LHKPN) and anti-bribery management system (SMAP) to strengthen the importance of avoiding KKN practices within the company.
It is prominent that KFTD is committed to implementing GCG principles that promote transparency, accountability, responsibility, independence, and fairness in governance operations. The commitment helps the company improve its credibility and growth while also detecting possible legal issues and preventing them from occurring.
