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Code Of Business Standard

Code of Corporate With Employees

PT Pupuk Sriwidjaja Palembang realizes the important role of employees as the performers to realize the vision and mission of the company as well as the more competitive challenges. Therefore PT Pupuk Sriwidjaja Palembang strives to sharpen the focus of the development of human resources as well as keep maintain the harmony and balance of the dynamic relationship between the Company and Employee. To carry out this code, the Company implements the following practices:
  1. The employees are treated fairly and free from bias because of the differences in ethnicity, national origin, gender, religion, and origin of birth.
  2. The employees obtain good and safe working condition.
  3. The employees are free from any harmful possibilities for the safety and health at work.
  4. The employees are entitled to choose whether to be represented as collective or not by representative trade union.
  5. The employees are entitled to enjoy their real benefits upon improved performance in accordance with the prevailing remuneration scheme.
  6. The employees have the opportunity to participate in education, training and further development in line with the company's competencies and needs.
  7. The employees are encouraged and obtain the opportunity for and in developing creativity and innovation.

Code of Corporate with Consumers

PT Pupuk Sriwidjaja Palembang prioritizes consumer’s satisfaction professionally through improvement of product and service quality standards in accordance with the six accuracy principles (Time, Quantity, Type, Place, Quality and Price Accuracy).

Corporate Ethics With Competitors

PT Pupuk Sriwidjaja Palembang support fully the implementation of the market structure of fertilizer and petrochemical industries characterized by the presence of competitive multi-buyers and multi-sellers to encourage the competitiveness of the company, by way of :
  1. Defining the position of competitors and put competitors as a driver of improved corporate performance.
  2. Performing a healthy competition by prioritizing products and services quality.
  3. Not violating laws and regulations related to monopoly and unhealthy business competition.

Code of Corporate with Good And Service Supplier

PT. Pupuk Sriwidjaja Palembang prioritizes the principles of Good Corporate Governance (GCG) they are:  reasonableness, transparency, and accountability in the implementation of the provision of goods and services, as follows:
  1. Determining the goods and services is not only based on price considerations, but also quality that suits the needs, right time according to the agreement, and the business relationship long-term sustainability.
  2. Considering the favorable business prevalence to all parties as well as giving penalty and solution of conflict of interest based on the agreement letter and company’s prevailing provisions.
  3. Conducting righteous deed to all of goods and services suppliers, without being biased to a person, group or a particular party.
  4. Establishing communication and fostering good relations with goods and services suppliers as part of the market and competitors intelligent
  5. Implementing information technology, procurement of goods and services to minimize fraud.

Code of Corporate with Partners

PT Pupuk Sriwidjaja Palembang always considers its Partners as a strategic partner. Therefore the management cooperation cannot be separated from GCG and conducted in accordance with the prevailing business practices, as follows:
  1. Fostering beneficial mutual-cooperation, fulfillment of rights and obligations of all parties based on the established or agreed requirements and maintaining the image or the brand image of PT Pupuk Sriwidjaja Palembang.
  2. Striving for the best and optimum results in accordance with prevailing procedures.
  3. Establishing an intensive communication with Partners to coordinate and achieve the best solution for the conflict of interest.
  4. Conducting righteous deed to all Partners, without being biased to a person, group or a particular party.

Code of Corporate with Creditor / Investor

PT Pupuk Sriwidjaja Palembang cooperates with the creditor/ investor only for business interests and added value increase by:
  1. Providing actual information, prospective, transparent and accountable to potential creditor/ investor.
  2. Upholding the aspects of reliability, credibility and legality for election accountability of the creditor/ investor.
  3. Making a valid agreement for the loan / investment by upholding the principles of fairness.
  4. Increase the confidence of creditors / investors with a way to report publicly on the use of loan funds.
  5. Analyzing business opportunities with the creditor/ investor to improve the company's growth based on integrity and accountability laws and principles.

Code of Corporate with Government

PT Pupuk Sriwidjaja Palembang has a policy in a relationship with the Government, as follows:
  1. Complying with prevailing regulations related to the business and company status.
  2. Developing good relationships and effective communication with all levels of government within the tolerance limits in accordance with the company policy and prevailing regulation, and maintain relationship without arms- length and fraud.

Code of Corporate In Society

PT Pupuk Sriwidjaja Palembang personnel realize the important role of the company's business process continuity. Therefore the company always builds synergies as follows:
  1. Mutually respect the rights and obligations as well as establish a good relationship based on the principle of coexistence and mutual benefit.
  2. Minimize the potential conflict through dialogue with community representatives to achieve a common understanding as well as creating a conducive relationship.
  3. Always adapting to the noble values of the surrounding communities culture.
  4. Pursue long-term commitment to the local community so that the social and economic order is kept protected and when possible it is improved throughout the company's operations and after.
  5. Develop sensitivity , sensitivity to the condition of the public company in order to function PSO Company.

Code of Company and Mass Media

PT Pupuk Sriwidjaja Palembang partnering with mass media to establish the image of the company by:
  1. Promotion through the mass media.
  2. Inviting the media to cover the event the company if necessary.
  3. Following up on the criticisms delivered through the mass media regarding to the risk aspects.
  4. Fostering good relations and also convey information of company's development to mass media through the relationship to the media office, press release , and be able to hold journalism awards.
  5. Paying attention to the notes and suggestions of media as relevant as to the adjustment step issued by the Company.
  6. Paying Attention to national policy for the public information freedom in accordance with Regulation number 14, 2008 on Public Information, as regulated in the implement regulations and are adjusted to the circumstances of the Company.

Code Corporate In Profession Association

PT Pupuk Sriwidjaja Palembang maintain sustainable synergies with professional associations for business development and opportunities, as well as the problem-solving by regarding:
  1. Standards established by professional associations.
  2. Treatment equality towards professional associations.
  3. Observing and analyzing the development of new systems both industrial and business systems serving as a reference for the Company.