Risk Management

In managing business activities and daily operations, the Company has implemented a good risk management system. So that it is always able to identify, analyze, and implement appropriate risk mitigation strategies. This needs to be done to prevent or minimize the negative impacts that could emerge from any risks that may arise at any time.

Identifikasi dan Upaya Mitigasi Risiko

The Company has carried out a thorough examination of all units and concluded several types of detected and significant risks to the business throughout 2019, including:

  • Employee turnover
  • Crime and loss
  • Raw materials arrive late
  • Demurrage
  • Late on Delivering Product
  • Miscalculation of taxes
  • Accounting system error
  • Violation of government regulations
  • NG supply drops
  • Power drop (fail)
  • Power outage (PJB Power Plant trip)
  • Spare parts not available (out of stock)
  • Lack of workforce competence
  • Environmental pollution
  • Credit risk
  • Currency risk
  • Liquidity risk