Executive Summary of External Assessors Towards the Implementation of Good Corporate Governance (GCG) at PT Biro Klasifikasi Indonesia (Persero) for the period 2019.

The results of the Assessment of the application of GCG at PT Biro Klasifikasi Indonesia (Persero) in accordance with the Indicators / Parameters Assessment of the Implementation of GCG in State-Owned Enterprises (SOEs) with number SK-16 / S.MBU / 2012. The scope of the assessment covers aspects of GCG in the Company for the period 2019.

The purpose of this GCG Implementation Assessment is to:
• Measurement of the quality of GCG implementation in SOEs in order to score the GCG implementation and award the quality categories of GCG implementation.
• Identification of strengths and weaknesses, as well as the preparation of recommendations for improving the application of GCG in SOEs in order to reduce gaps in GCG criteria.
• Monitoring the consistency of GCG implementation in SOEs in order to improve and develop governance policies in SOEs.

Methodologically, the implementation of GCG assessment refers to the terms of reference for implementing GCG implementation assessments in SOEs developed by the Ministry of SOEs in 2012.

Factors in testing the implementation of GCG at PT Biro Klasifikasi Indonesia (Persero) include 6 (six) aspects, namely:

a. Commitment to Sustainable Implementation of Governance;
b. Shareholders and General Meeting of Shareholders (GMS) / Capital Owners;
c. Board of Commissioners / Board of Trustees;
d. The Directors;
e. Information Disclosure and Transparency; and
f. Other aspects.

The results of the assessment of the application of GCG at PT Biro Klasifikasi Indonesia (Persero) in 2019 reached a total score of 85.55. This shows that the implementation of GCG at PT Biro Klasifikasi Indonesia (Persero) has achieved the qualification "VERY GOOD".