GOVERNANCE
- Corporate Governance
General Meeting of Shareholders (GMS)
The General Meeting of Shareholders (GMS) serves as the highest governance body in decision-making within AlamTri and holds authorities not granted to the Board of Commissioners and the Board of Directors.
In the GMS, shareholders exercise their rights to obtain information and updates on the Company’s performance and financial reports, as well as to approve key decisions such as the approval of the annual report and ratification of financial statements, the appointment and changes to the Board of Commissioners and Board of Directors, and the determination of the allocation of the Company’s net profit.
The meeting also enables shareholders to periodically evaluate GCG principles to ensure that the governance structure effectively supports business processes and that GCG practices are in compliance with applicable laws and regulations, as well as aligned with best standards.
AlamTri applies the principle of fair treatment of shareholders and is committed to protecting the rights of all shareholders, both majority and minority. As stipulated in the Company’s Articles of Association, which recognize that each share is owned by an individual or legal entity listed in the Shareholder Register. In line with this commitment, the Company’s Code of Ethics reinforces the Company’s responsibility to shareholders, including delivering responsible and high-integrity value creation; providing accurate and timely information regarding the Company’s developments; including in the aspects of dividend distribution and holding of GMS; and reporting performance and financial information on a regular basis. The Company also continuously strives to enhance the role and participation of shareholders and/or investors through effective and ongoing communication in order to support the achievement of corporate objectives.
Board of Commissioners
The Board of Commissioners responsibilities include supervising and providing advice to the Board of Directors. Key responsibilities of the Board of Commissioners include assessing and monitoring management performance, directing strategic decision-making, and ensuring that the Company’s policies and practices comply with applicable laws and ethical standards.
Board of Directors
The Board of Directors role includes designing and executing policies, managing risks, and ensuring the achievement of the Company’s objectives. Members of the Board are responsible for leading the executive team, providing clear direction, and ensuring the continuity and sustainability of the Company’s operations.
Whistleblowing Committee
AlamTri’s whistleblowing system is managed professionally and independently by Deloitte, enabling the reporting of fraud or any violations occurring in the workplace. Reports can be submitted anonymously personalised through the communication channels outlined in the Whistleblowing section of this website.
Sustainability Organizational Structure
To support the Company’s sustainability performance, Alamtri has established a sustainability governance structure designed to ensure that sustainability commitments are integrated into all aspects of its business operations.
The sustainability governance structure at AlamTri involves the governance board and several key elements:
Board of Commissioners
The Board of Commissioners oversees and provides guidance to the Board of Directors in managing risks and developing strategies related to sustainability and climate.
Board of Directors
The Board of Directors is responsible for managing the Company’s sustainability strategy, including the implementation of reporting and disclosures in alignment with Indonesian regulations. The Board also ensures the integration of sustainability issues, risks, and opportunities, such as climate change into strategic planning and decision-making. By setting the direction for sustainability policies and management, AlamTri is committed to creating long-term value for stakeholders.
Sustainability Management Committee
AlamTri has established an ESG Division to develop sustainability strategies and objectives, including managing impacts, risks, and opportunities related to economic, environmental, social, and climate aspects. The implementation of ESG principles is the responsibility of all business units, with oversight provided by the Board of Commissioners and the Board of Directors through the Sustainability Management Committee.
Structure and Membership
Members:
- 2 (two) Directors
- Corporate Secretary
- Head of ESG Division
- Head of Human Resources Division
- Head of Internal Audit & Risk Management Division
- Head of Finance & Accounting Division
- Head of Legal Division
The duties of the Sustainability Management Committee are as follows:
- Assist the Board of Directors in setting the strategic direction for sustainability policies and management;
- Implement sustainability policies and management by coordinating with relevant Company functions and evaluating the Company’s sustainability performance;
- Take a hands-on approach in defining core policies, monitoring implementation, and reviewing the effectiveness of strategies to ensure alignment with the Company’s overall business strategy and objectives.
Independent Experts
Independent experts are vital in providing objective and professional advice. Their involvement supports the development of effective sustainability strategies while enhancing the credibility and transparency of AlamTri’s sustainability commitments.
Corporate Functions
The integration of sustainability decisions is key to achieving sustainability goals. Each function is responsible for ensuring that these decisions are reflected in their work, with measurable KPIs. This approach enables consistent performance monitoring and ensures that all business units move in alignment toward shared objectives.
Subsidiaries
Each subsidiary within AlamTri is responsible for implementing its assigned KPIs and integrating a sustainable approach into its business operations.