EMTEK Secures Dual Recognition at the 15th IICD Corporate Governance Award, Showcasing Excellence in Good Governance
November 25, 2024
PT Elang Mahkota Teknologi Tbk (IDX Ticker: EMTK, "EMTEK") has once again affirmed its unwavering commitment to Good Corporate Governance (GCG), earning two prestigious awards at the 15th IICD Corporate Governance Conference and Award, held on 25 November 2024, at the Pullman Hotel Thamrin, Jakarta. EMTEK proudly secured accolades in the categories of Best Responsibility of the Board (Big Cap) and Top 50 Big Capitalization Public Listed Company, further solidifying its standing as a leader in corporate governance excellence.
The awards recognize public companies in Indonesia for their outstanding implementation of transparent, accountable, and sustainable governance practices. Aligned with the event’s theme, “Taking Indonesian Corporate Governance to the Top ASEAN Level,” the awards reflect Indonesia’s aspiration to achieve regional leadership in corporate governance. The winners were selected based on rigorous evaluations using the ASEAN Corporate Governance Scorecard (ACGS), which benchmarks companies against internationally recognized governance principles and best practices.
EMTEK’s success was further bolstered by the achievements of its subsidiaries, including PT Surya Citra Media Tbk and PT Sarana Meditama Metropolitan Tbk, which also earned awards for their significant contributions. These accolades highlight the unified commitment of EMTEK Group to continually enhance GCG practices. By fostering a culture of transparency, accountability, and sustainability across its diverse operations, EMTEK and its subsidiaries collectively demonstrate their leadership in driving governance excellence.
This year, EMTEK distinguished itself by achieving an outstanding total GCG practice score of 101.34 points according to the ACGS assessment conducted by Indonesian Institute for Corporate Directorship (IICD). This remarkable performance places EMTEK in the elite Leadership in Corporate Governance category, or Level 5 (the highest level from Level 1 to Level 5), which far exceeds the baseline requirements of Level 1 under ACGS provisions. In comparison, the average score for issuers in the BigCap100 category stands at 81.1 points, further emphasizing EMTEK’s superior achievements. This exceptional milestone underscores the company’s relentless efforts to advance its governance practices and set new benchmarks for the industry.
As EMTEK leads by example in implementing GCG, the company remains focused on elevating governance standards and contributing to Indonesia’s advancement on the ASEAN corporate stage. By fostering transparency, accountability, and sustainability, EMTEK sets a benchmark for other organizations while driving progress across its operations.
Central to EMTEK’s success is its long-term vision of developing a robust and interconnected business ecosystem supported by diverse subsidiaries across multiple sectors. This vision is anchored in the principles of ethical behavior and responsible governance, ensuring adherence to the highest standards. Through its active involvement in sustainability initiatives, EMTEK reinforces its role as a catalyst for sustainable economic growth in Indonesia.
Building on these achievements, EMTEK is determined to enhance its reputation as a corporate governance leader. Its steadfast commitment to ethical practices and sustainability positions the company to drive long-term growth and maintain its influence on regional and global stages.
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