Best State Owned Enterprises & Top 50 Mid Capitalization of Public Listed Companies (Mid Cap PLCs)” with Good Governance Practices

JAKARTA – PT Semen Baturaja (Persero) Tbk (SMBR) succeeded in realizing its commitment to Good Corporate Governance (GCG) by winning the “Best State Owned Enterprise” award as well as obtaining the “Top 50 Mid Capitalization of Public Listed Companies (Mid Cap PLCs)” with Good Corporate Governance Practices. Good governance at the 13th Indonesia Institute for Corporate Directorship (IICD) Corporate Governance Award 2022 held at the Financial Hall, Graha CIMB Niaga, Jakarta on Friday (27/05).

The award was presented by the Vice Chairman of Research IICD Lukas Setia Atmaja and received directly by the President Director of SMBR Daconi. SMBR is considered as one of the best public companies in its commitment to implementing Good Corporate Governance (GCG).

The event was also attended by the Vice President of the Republic of Indonesia for the 2009 – 2014 period, Boediono, the Minister of Communication and Information for the 2014-2019 period, Rudiantara, and IICD Chairman Sigit Pramono.

“This award is a form of appreciation for the hard work of all SMBR levels in developing and implementing GCG principles in all work units. We will continue to maintain and improve good governance so that we are able to maintain stakeholder trust and always be the leading public company in implementing GCG,” said Daconi.

The IICD event again gave awards to issuers who had implemented good corporate governance (GCG) practices in the previous year and were not involved in serious cases that conflicted with GCG principles at The 13th IICD Corporate Governance Awards.

The assessment is carried out on 200 issuers with the largest and medium market capitalizations listed on the Indonesia Stock Exchange, where in conducting the assessment they are divided into 2 groups, namely 100 issuers with the largest market capitalization (big cap) and 100 issuers with medium market capitalization (mid cap). supported by 10 assessors.

SMBR is included in the middle market capitalization group (Mid Cap PLCs) and has received an assessment score based on the Asean CG Scorecard. The results of the assessment of these 200 issuers were presented by James Simanjuntak after the opening of the event.
GCG practices in the Company have received awards from year to year. In 2021 SMBR won Best Overall & Top 50 Mid Capitalization The 12th IICD Corporate Governance Award 2021 and Top 50 Mid Capitalization Public Listed Company The 11th IICD Corporate Governance Award 2019.

“Thank you for the support from all parties, so that SMBR is able to implement good corporate governance with the hope that SMBR will always be a company with the best GCG practices every year.” he concluded.{}

BATURAJA – PT Semen Baturaja (Persero) Tbk (SMBR) has carried out reclamation and revegetation activities using a silvicultural system as a result of mining raw materials for cement production. By utilizing the ex-mining area, the Beeyond Team SMBR made an environmentally friendly innovation, namely ecosystem management in the Quarry Ex-Mining Land Area with a Silvicultural System as a Habitat for Cultivating Trigona Bee Colonies.

The green areas resulting from the reclamation program grow many types of plants. The land area of ​​30.14 Ha on the ex-mining land is filled with various fruit plants, flowering ornamental plants, and plants with medium to tall trees.

This type of ornamental plant that contains a lot of nectar and pollen is very favored by bee colonies, so the idea arose for the use of these plants as a habitat for the cultivation of Trigona bee colonies.

This innovation really supports SMBR’s vision and mission to become the Leading Green Cement Based Building Material Company in Indonesia. Activities like this help SMBR to create a cement factory that is environmentally friendly and able to have a positive impact on the surrounding community.

The former SMBR mining environment is very supportive for beekeeping activities. The Company sees the potential of this innovation to assist the reclamation and post-mining process of SMBR Mining in general and specifically to assist the vegetative reproduction process of plants planted in the reclamation area.

“We carry out seeding, weaning, and nursery activities at the Nursery Green House Division Mining location. After the seeds are ready to be planted, first the area where the plants will be planted for the trigona bee breed is carried out by spreading LCC (Legume Cover Crop) so that the soil becomes more fertile again.” said Hendri Irawan Manuhutu, Vice President of Mining.

In addition, SMBR plans to empower experienced local beekeepers in the Baturaja area to develop this innovation. So that it is expected to be able to educate other people to participate in beekeeping independently, and can be one of the activities that support the company’s Corporate Social Responsibility (CSR).
The Trigona bee or what we often call the kelulut bee, clancing, klenceng, bells, etc. is one of the largest stingless bee genera. Trigona is the most commonly used type of honey bee traditionally maintained by rural communities around forest areas in Indonesia.

In September 2021, the first harvest was carried out which was attended by the Director of Production & Development and the Director of General Affairs & HR. SMBR Vice President Mining Hendry Irawan Manuhutu said that the results obtained in the first harvest were very satisfying.

“Honey is harvested directly using a honey suction machine which is made by modifying the aquarium vacuum pump so that it can be used as a sucker for harvested trigona bee honey. It has also been prepared to be brought home by the Directors and employees who attended with attractive packaging.” he said.
Currently, the area where reclamation activities have been carried out is around 30 hectares. Based on the reference of a research result, for one hectare of green area can be placed as many as 15 boxes of bee colonies. So that if all the reclaimed land can be optimized for trigona honey production, then honey production can potentially reach 45 – 90 liters of honey per month with the assumed parameter of 0.1 – 0.2 liters per box per month. However, for now, not all reclamation areas can be optimized because it is still in the research and observation stage, the total boxes currently owned by SMBR are 40 boxes of bee colonies and Alhamdulillah currently, Trigona honey production has reached 3-5 liters per 1.5 months.

“The Trigona Bee Cultivation is a Green Economy Role Mode which is applied to ex-mining areas that are no longer economical to produce honey with high economic value. Hopefully, with this program, we will be able to empower the post-mining economy and provide health benefits by consuming Trigona honey.” he added. {}

PALEMBANG – Even though a week has passed, the atmosphere of Eid is still felt in the work environment of PT Semen Baturaja (Persero) Tbk (SMBR). In order to welcome Eid Al-Fitr 1443 H, the SMBR extended family again held Halal Bihalal which is routinely held every year at three sites, namely Baturaja, Palembang, and Lampung.

The event was held at each site on Tuesday (17/05) which was carried out in a hybrid manner (Offline and Online) while still complying with the Health Protocol.

The theme of Halal Bihalal this time is “United Hearts to Strengthen Friendship”. This event was attended by the entire Board of Commissioners, Board of Directors and all SMBR employees.

The event was opened with remarks from the President Director of SMBR Daconi. In his remarks he wished a Happy Eid Al-Fitr 1 Syawal 1443 H to all invited guests present. He also provides support and appreciation for the good performance results so far and asks all management and employees to improve performance in order to achieve maximum company performance.

This was followed by remarks from the President Commissioner of SMBR Franky Sibarani who was in line with the President Director of SMBR expressing his appreciation to all employees who continue to carry out their respective responsibilities.

Halal Bihalal was closed by shaking hands between SMBR management and invited guests who were present and had lunch together. Hopefully Halal Bihalal can strengthen the relationship between the Semen Baturaja Big Family.{}