Anti-bribery Management System is very important for every company, including PT Kimia Farma Trading & Distribution (KFTD). As a state-owned pharmaceutical holding company, KFTD ensures that its employees are well informed about bribery and fully aware of the impact it could have on the business process.
KFTD also ensures that all employees are conscious of the consequences of bribery. Therefore, socialization in the Anti-Bribery Management System is very important.
Prevention of Fraud
The importance of socializing an Anti-Bribery Management System is to prevent unethical practices at all company levels. The company can deliver policies, risk assessments, and results of bribery and corruption practices.
The anti-bribery training can help promote a culture of integrity and eliminate corrupt acts. That is why employees’ understanding of the implications of bribery will result in KFTD integrity, ideal work ethics, and transparency through integrity pacts.
Raise Awareness
KFTD provides an Anti-Bribery Management System through socialization. By educating employees on the results and effects of corruption and bribery, socialization helps employees detect and report any suspicious activity.
Through socialization, the employees understand the anti-bribery policy, procedures for reporting fraud, and procedures for reporting giving and receiving gratuities.
Risk Mitigation
Although socialization through an Anti-Bribery Management System is not an absolute way to eradicate bribery and corruption, it can minimize potential fraudulent practices and reputational harm.
The socialization explains how the Anti-Bribery Management System helps the company achieve legal compliance, establish trust and credibility with stakeholders, and protect its reputation.
One proof that KFTD has applied the Anti-Bribery Management System is ISO 37001:2016 certification in June 2023. KFTD will continue to be committed to implementing the Anti-Bribery Management System to run a company that is free from bribery practices and supports the implementation of Good Corporate Governance (GCG) to stakeholders.