Good Corporate Governance as a Pillar of Sustainability, PTPP Strengthens Corporate Integrity Culture
PT PP (Persero) Tbk (PTPP), the national construction and investment company under Danantara Indonesia, has affirmed its commitment to strengthening the implementation of Good Corporate Governance (GCG) as a primary pillar of business sustainability. Amid the increasingly complex dynamics of the construction industry, the company views good corporate governance as a strategic foundation for maintaining healthy, accountable, and sustainable growth.
As a publicly listed company and national construction State-Owned Enterprise, PTPP continues to optimise various governance instruments, including its Whistleblowing System (WBS), to ensure a culture of integrity, transparency, and compliance across all organisational levels. The strengthening of this reporting system forms part of the company’s commitment to building a professional and ethical working environment.
Joko Raharjo, PTPP’s Corporate Secretary, stated that the implementation of GCG is not merely a matter of regulatory compliance, but rather a long-term strategy to maintain reputation and stakeholder trust. “For PTPP, good corporate governance is the foundation for conducting business responsibly. We ensure that every business process is executed with principles of transparency, accountability, and strong integrity to support corporate sustainability,” he stated.
The company’s consistency in implementing GCG has earned recognition from independent institutions. PTPP received the Top GCG Award from The Iconomics for consistent and progressive governance implementation, an award in the Indonesia GCG Award from the Indonesia Institute for Corporate Directorship (IICD), and recognition for information transparency and compliance as a listed company from the Indonesia Stock Exchange. These awards validate the company’s commitment to the principles of transparency, responsibility, independence, and fairness.
With a portfolio of strategic national projects and broad business scope, PTPP positions GCG as an integral part of its long-term business strategy. The company believes that a culture of integrity and disciplined governance will strengthen competitive advantage whilst creating sustainable added value for all stakeholders.
Through sustained GCG strengthening, PTPP reaffirms its position as a national construction company that is focused not only on project performance, but also on reputation, stakeholder trust, and business sustainability.