The Company believes that a strong commitment to upholding the principles of good corporate governance (GCG) — transparency, accountability, responsibility, independence and fairness—throughout our business is essential for delivering sustainable value to all our stakeholders and ensuring the Company’s long-term growth in line with our responsible development goals.
ANJ’s corporate governance framework consists of policies, controls, processes and standards that cover all aspects of the business and allow for a clear separation of distinct responsibilities, and informed, accountable decision making. The framework is underpinned by the Company’s Code of Ethics on Business Conduct and our core values of integrity, respect for people and the environment, and continuous improvement.
ANJ’s core value of integrity prohibit any bribery in all business activities and employees conduct. This is clearly stated and emphasized in every ANJ’s value training, that is mandatory for everybody that join ANJ. We also have expanded this training to some of our vendors and communities surrounding our operation area.
Anti-Bribery and Corruption Policy
The Group’s CFO has the responsibility for monitoring tax policies and practices, including compliance with legal requirements, and for major judgmental decisions involving tax. The Group’s adherence to tax regulations in its practice is subject to supervision and review by the Audit Committee.
The Group’s tax strategy is to pay a fair amount of tax that reflects the success of each entity within the Group and that adhere to the Tax Regulations.
In order to achieve this outcome, our Tax Policy applies the following basic principles:
i. Commitment to meet all tax compliance and disclosure obligations in accordance with relevant tax laws and regulations;
ii. Always perform tax payment obligations fairly and correctly;
iii. Effective and efficient tax management and administration, and ensuring that all tax planning is built on a healthy commercial business operations and complies with relevant tax laws and regulations;
iv. Will not adopt any tax planning and strategies that violate the laws and regulations to evade tax obligations.