The implementation of e-learning and assessment

201 PT Telkom Indonesia Persero Tbk

c. Gratiication Control

To show Telkom’s seriousness to its commitment towards gratiication control, all Board of Directors are singing an Integrity Pact as a form of good corporate governance. This signing is a proof of Telkom’s seriousness to its commitment towards gratiication control. The company and its employees must report any gratiication with a tendency of bribery at the latest 30 days since accepting the gratiication.

d. Internal Control

The implementation of Internal Control, as the prerequisite of SOX compliance, has strict requirements to guarantee and support the good corporate governance. The purpose of SOX is certainly in tune with the implementation of GCG and ethics, which is: 1. Improving the efectiveness and eiciency of the company’s management. 2. Improving the quality of the company’s financial reporting. 3. Ensuring the obedience to the law and or other regulations that must be fulilled by the company. 4. Developing investors’ confidence level and in the long term can guarantee the sustainability of the company. RATING AND ASSESSMENT OF CORPORATE GOVERNANCE To receive feedback for the improvement of GCG best practice implementation performance, Telkom examines the results of periodic reviews conducted by a competent independent external assessor. During the reporting period, assessment is conducted by IICD The Indonesian Institutes for Corporate Directorship, in collaboration with the Indonesian Financial Services Authority OJK. Assessment by IICD IICD is a non-profit organization that was established by 10 reputable universities and business school and is a reputable provider of advocacy, training and research service in the field of corporate governance CG in Indonesia. IICD in collaboration with the Indonesian Financial Services Authority OJK, is conducting assessment of the implementation of CG of public company issuer. The assessment is conducted to 100 issuers with the most capital as registered in the Indonesian Stock Exchange for the inancial year 2014. The result is that as much as 50 issuers are considered as having the highest CG score according to the ASEAN CG Scorecard methodology. Out of these 50 issuers considered as having the highest CG score, OJK and IICD then choose 24 winning issuers from 10 categories. Telkom received an award in the category of “The Best State Owned Enterprise”. CORPORATE GOVERNANCE AWARDS Various eforts to improve the quality of implementation are conducted, which make Telkom received a number of awards in the ield of Good Corporate Governance in 2015 that is showing that the implementation of good corporate governance has been leading up to Good Corporate Governance Excellence. The Awards received include: • Best Listed Companies Award - Top Performing Listing Companies 2015 from Investor Magazine. • Forbes Global 2000 Companies – Rank 783 from Forbes Magazine. • Indonesia Good Corporate Governance Award – Very Good Predicate for Companies in Infrastructure, Utilities, and Transportation Sector from Economic Review. • Annual Report Award - 3rd winner of Non-Financial State-Owned Enterprise Listed by OJK, BEI and KNKG. • IICD Award - The Best State-Owned Enterprise from Indonesian Institute for Corporate Directorship. • Indonesian Sustainability Reporting Award 2015 from National Center for Sustainability Reporting NCSR.