The Internal Audit Unit plays a vital role in supporting the Company’s management by overseeing the implementation of good governance, effective risk management, and internal controls. The audit functions are carried out independently, professionally, and objectively to enhance corporate value and operational performance.
In addition to performing internal reviews, the unit ensures compliance with applicable regulations across financial management, data processing, asset control, and other critical functions. The Internal Audit Unit operates directly under the President Director and follows the OJK Regulation No. 56/POJK.04/2015 as its working guideline.
In response to the dynamic and competitive nature of the chemical industry, Intanwijaya implements a proactive and structured risk management system to minimize business and sustainability risks. Responsibility for managing risk is embedded across all levels of management and functions.
A dedicated risk management framework forms an integral part of Intanwijaya’s internal control system. This framework enables every employee to identify risks relevant to their duties and promotes a risk-aware culture throughout the organization. Risk profiles are regularly reviewed and updated, considering both internal developments and external dynamics. Risk management at Intanwijaya is carried out by the Customer Credit Risk Management (CCRM) unit through a systematic, structured, and integrated approach.
Intanwijaya promotes an ethical and disciplined work culture by establishing clear company regulations and expected standards of behavior. While the formal Code of Conduct is in development, these regulations serve as the foundation for day-to-day conduct across all levels of the organization.
To ensure consistent understanding and application, Intanwijaya actively disseminates these regulations through employee orientation programs, internal platforms, work unit gatherings, and printed materials such as banners, pocketbooks, and bulletins.
Intanwijaya is firmly committed to conducting its business with integrity, ethical standards, and compliance with all applicable laws and regulations. To reinforce this commitment and support government efforts in eradicating bribery and corruption, Intanwijaya has established an Anti-Bribery and Anti-Corruption Policy (Policy No. 1.117/IWI-JKT/PD/IX/2021), effective since September 30, 2021.
The policy applies to all employees, business partners, and public institutions related to the company, with key objectives including:
Intanwijaya also encourages active participation from employees and external parties through its Whistleblowing System, ensuring a transparent channel to report any alleged corrupt practices. The company acknowledges every contribution toward upholding a corruption-free work environment.
To strengthen its governance and integrity culture, Intanwijaya has established a Whistleblowing System (WBS) as an oversight mechanism that involves all organizational levels. This system allows both internal and external parties to report any indication of fraud, procedural violations, unlawful acts, unethical conduct, or breaches of company policies.
The Violation Reporting Management Team (TPPP) handles incoming reports and evaluates them through special meetings. If the report meets the formal requirements, it is escalated for follow-up. Reports that cannot be pursued are formally closed with approval from the Board of Commissioners or Board of Directors. When necessary, TPPP may request support from Internal Audit, external consultants, or third-party auditors with prior approval.
Whistleblower Protection
Intanwijaya guarantees full confidentiality and protection for whistleblowers, including:
In 2024, there were no reported violations submitted to the Company or its subsidiaries.
PT INTANWIJAYA INTERNASIONAL Tbk.
Wisma IWI – 5th Floor
Jalan Arjuna Selatan Kavling 75
West Jakarta, Indonesia – 11530
