Nowadays, corruption poses a significant challenge to companies prioritizing honesty, transparency, and justice. However, some companies attempt to take a stand against the corrupt culture.
One of those companies is KFTD (Kimia Farma Trading & Distribution) who take a stand against corruption. This company has succeeded in implementing an extensive anti-corruption program which is in line with Good Corporate Governance, which serves as a model for other companies.
In line with its commitment to ethical governance and adherence to the law, KFTD has teamed up with its Risk Owner and FKAP (Anti-Corruption Compliance Function) to identify any potential risks that can violate rules related to anti-bribery management systems. These risks include:
- Trading in influence
- Abuse of function
- Bribery in the private sector
- Laundering of proceeds of crime
- Concealment
By identifying these risks, KFTD shows its proactive approach in dealing with possible violations and weaknesses and protecting its integrity.
Central to KFTD’s ethical framework is the formulation of Standard Behavioral Guidelines, which build the company’s core values and principles. These guidelines underscore KFTD’s commitment to:
- Legal compliance
- Respect for societal norms
- Avoidance of conflicts of interest, corruption, collusion, and nepotism
KFTD prioritizes the company’s interests over personal, familial, or group interests. It creates a culture of accountability and integrity across its operations.
Moreover, KFTD’s Ethical Business Anti-Corruption, Collusion, and Nepotism (KKN) Policy reaffirms its dedication to creating a business environment without unethical practices such as corruption.
The company also actively supports initiatives that promote transparency and accountability by fighting against corruption.
Additionally, KFTD prioritizes effective gratuity management, recognizing their potential to evolve into corrupt practices that may compromise organizational independence and professionalism.
By refraining from affiliating with any political party and prohibiting political donations or contributions, KFTD keeps its operations separate from any unwanted political influence.
KFTD’s commitment to preventing corruption shows how serious they are as a responsible company that sticks to the highest standards of integrity and ethics.
By taking these steps and following ethical guidelines, KFTD sets a great example for other businesses, proving that a zero-tolerance policy on corruption isn’t just about staying out of trouble but building trust and credibility in the marketplace.