Implementation of Good Corporate Governance With Company Performance Amidst global economic uncertainty and geopolitical conditions, BRI has maintained positive and sustainable performance by implementing good corporate governance. Some notable achievements in terms of company performance and governance awards are described below: Company Performance Achievement 2023 Increased Profit Asset Growth Optimal and healthy financial ratios Ascension stock price Selain pencapaian kinerja keuangan, di tahun 2023 BRI mendapatkan beberapa penghargaan di bidang tata kelola perusahaan antara lain: Asean Corporate Governance Scorecard (ACGS) award in the Top 3 PLC in Indonesia and ASEAN Asset Class categories. Corporate Governance Perception Index Award in the most trusted company category in 2023 S&P Global Corporate Sustainability Assessment (CSA) with a score of 63 in 2023 Corporate Governance Awards in 2023 Objectives of Implementing GCG BRI has successfully implemented good corporate governance by adhering to five fundamental principles: Transparency, Accountability, Responsibility, Independence, and Fairness. These principles have been outlined in the General GCG Guidelines by the National Governance Policy Committee (KNKG) and are also included in the Regulations Minister of State for State-Owned Enterprises Number PER2/MBU/03/2023 dated March 3, 2023 and OJK Regulation Number 17/POJK.03/2023 dated September 14, 2023. These guidelines offer instructions for corporate governance, significant corporate activities of state-owned enterprises, and how to implement governance for commercial banks. The company realized that the sustainability of the company’s business was not only measured by financial performance and increased profits alone, but BRI also believed that the application of good governance principles also became the foundation for the company to achieve BRI’s vision, namely “To become the Most Valuable Banking Group and Champion of Financial Inclusion in South East Asia”. Implementation of good corporate governance principles could provide added value in the form of: 1. Create a foundation for the company to grow and develop in the long term. 2. Oversee every company’s business process to be within the corridor of governance. 3. Improve BRI’s reputation. 4. Maintain and strengthen BRI’s competitiveness. 5. Maintain stakeholder trust in BRI. 6. Increase sustainable growth in company value. BRI continues to be committed to implementing good corporate governance to impact the company’s sustainable performance positively. The aim of implementing good governance is to: PT Bank Rakyat Indonesia (Persero) Tbk. Annual Report 2023 443 Corporate Governance
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