PILLAR 4:
Driving Governance & Risk

At Smart Axiata, we are committed to advancing governance and risk management to enhance business integrity and compliance. By implementing sophisticated practices and procedures, we ensure robust oversight and proactive risk mitigation. This dedication not only fortifies our operational resilience but also reinforces trust with stakeholders and aligns with industry best practices.

Sustainable Development Goals

sdg8 sdg12 sdg16 sdg17
Business Ethics and Governance
We acknowledge the inherent risks associated with business operations and have established a comprehensive framework for assessing Bribery and Corruption (B&C) risks. This framework is closely monitored and regularly updated by the Risk and Compliance Management Committee (RCMC), the Board Risk Management and Compliance Committee (BRCC), and the Board of Directors (BoD).
Zero

confirmed incidents of corruption report from internal or external sources

Zero

confirmed substantiated complaints concerning human rights violations

95%

of Smart business partners were informed of our ABAC policy through various communication channels

100%

Of the BoD, SLT, and all Smart employees completed ABAC training(online and in-person)

We held our
annual Compliance month
Digital Integrity
Data Privacy (Customer Privacy)

There were three notable requests for customer information from law enforcement agencies

The data of 3,748 customers was requested by law enforcement agencies for investigation purposes only.

Digital Rights

Our Digital Rights Policy ensures protection and transparency in privacy, freedom of expression, and compliance with government data access mandates.

The policy adheres to the TRUST principles Transparency, Rights, Use, Security, and Transfer to uphold and protect customer and data subject rights.

Our Commitment to Enhancing Cyber Resilience

As cyber threats evolve, we remain dedicated to strengthening our defenses and enhancing our cyber resilience. Our commitment to cybersecurity is reflected in our proactive measures and ongoing efforts to safeguard our systems and data.

Sustainable Supply Chain
Supplier Screening and Onboarding
Pre-screening ensures suppliers comply with ABAC policies and align with our Supplier Code of Conduct (SCOC).

Suppliers are screened against ABAC criteria through a pre-TPDD assessment.

This is followed by agreement to our SCOC during supplier onboarding.

Supplier Code of Conduct
We continue to require all suppliers to sign and comply with the SCOC before finalizing any agreement with them, ensuring consistent adherence to our ethical and operational standards.
Every supplier to which the SCOC was applicable in 2023 had signed and agreed to it
(480 out of 502 suppliers).
Supplier Site Visits
As part of our commitment to ethical practices, we also conduct site visits to suppliers’ warehouses and production facilities to ensure compliance with child labor regulations.