Evaluation of GCG Implementation

The GCG assessment is aim to measure the depth of the GCG practices implementation while getting feedback for its improvement in the future. The development and implementation of GCG is a commitment of company to increase the success of business, and the accountability in long period which is expected can increase the company value, like performance improvement and the creation of good company performance. GCG Assessment is carried out by External Assessor and Pupuk Indonesia Group Assessor whose it is coordinated by PT Pupuk Indonesia (Persero) with these following criteria:

  1. Based on the Decree of the Secretary of the SOEs Ministry Number: SK-16/S.MBU/2012 about Assessment Parameter Indicator and Evaluation of GCG Implementation to the State Owned-Enterprises issued on June 6, 2012 (BUMN Scorecard).
  2. Based on Corporate Governance Perception Index (CGPI Index) by The Indonesian Institute Of Corporate Governance (IICG).

Assessment based on SK-16/S.MBU/2012, PT Petrokimia Gresik got “Excellent” category for last 4 (four) years with a score, as follows:

GCG Implementation Assessment based on SK-16

Year

Assessor

Score

Clasification

2013

BPKP Prov. Jatim

80,79

Good

2014

Pupuk Indonesia Group

82,67

Good

2015

BPKP Prov. Jatim

91,86

Excellent

2016

Pupuk Indonesia Group

92,03

Excellent

2017

BPKP Prov. Jatim

92,17

Excellent

2018

Pupuk Indonesia Group

93,58

Excellent

2019BPKP Prov. Jatim91,86Excellent
2020External Assessor93,53Excellent
2021BPKP Prov. Jatim94,06Excellent
2022External Assessor97,35Excellent

Assessment based on Corporate Governance Perception Index (CGPI) by
The Indonesian Institute of Corpaporate Governance (IICG), as follow :

Year

Theme

Category

Score

2011

GCG in Perspective of Risk Management

Trusted Company

80,04

2013

GCG in Perspective of Learning Organization

Trusted Company

80,40

2015

GCG in Perspective of Value-added

Trusted Company

81,65

2018

Business Model Transformation in GCG Structure

Trusted Company

83,78

updated, 03072023