PT Intiland Development Tbk
Climate Impact & Sustainability Data (2020, 2021, 2023)
Reporting Period: 2020
Environmental Metrics
ESG Focus Areas
- Environment
- Social
- Governance
Environmental Achievements
- 4,099 tCO2/year Savings for Carbon Emissions compared to local buildings in Jakarta.
- 28% Energy Savings in South Quarter Tower A, B, and C.
- 81% Water Savings in South Quarter Tower A, B, and C.
- 54% Decrease in Waste in South Quarter in 2020 compared to the previous year.
- 32% Less Embodied Energy in Material in South Quarter Tower A, B, and C.
Social Achievements
- 98-99% Customer Satisfaction Rate in South Quarter.
- Zero accidents in South Quarter construction site in 2020.
- Top CSR Awards Star 3 for PT Intiland Development Tbk in 2020.
- Hendro S. Gondokusumo received an award as Top Leader on CSR Commitment 2020.
Governance Achievements
- Implementation of TRICE values (Trustworthy, Respect, Innovative, Caring, Excellence).
Climate Goals & Targets
- Establishing sustainable guideline for energy efficiency and green lifestyle.
- Achieving zero waste supply chain.
- Empowering youths for sustainable real estate.
- Increase the use of recycled & rain harvesting water to 25% by 2021 (South Quarter).
Environmental Challenges
- Global economic recession due to Covid-19 impacting finance, consumers, processes, and employees.
- Sales performance decline, cash flow disruption, increased employee costs due to Covid-19.
- Consumer negotiations, contract terminations, payment delays, purchase cancellations.
- Potential risks of project completion delays, operational failures, business continuity dysfunction, changes in business practices and work habits.
- Decreased employee job satisfaction and engagement, decreased productivity, increased resignation requests, risk of dysfunctional person in charge, increased inability to work.
Mitigation Strategies
- Strengthening resilience and focusing on stable financial performance.
- Protecting company values to mitigate risks and direct business conduct.
- Creating value for stakeholders by sustaining core businesses, creating new initiatives, and delivering fast using competitive advantages.
- Leveraging digital assets for project marketing.
- Collaborating with funding parties and banks to cater to customers' financial capabilities.
Supply Chain Management
Responsible Procurement
- Clear procurement standards and specifications for suppliers.
- Intiland Sustainable Design Guideline.
- Engineering review to scrutinize specifications and rationalize design elements.
- Greenship criteria for material resource and cycle (no CFC or halon, reuse of building materials, environmentally processed products, certified wood, modular design, local materials).
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI (Global Reporting Initiative) standard core option, OJK (Financial Services Authority) regulation
Certifications: ISO 9001 (Quality Management System), EDGE Certificate (South Quarter), Greenship Gold Certification (South Quarter)
Sustainable Products & Innovation
- South Quarter (green building)
Awards & Recognition
- Top CSR Awards Star 3 (2020)
- Top Leader on CSR Commitment (2020)
- Best Landed Development (Serenia Hills, 2020)
- Top Ten Developers (BCI Asia Awards 2020)
- Other awards mentioned in the report for South Quarter and Serenia Hills
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- Environmental Sustainability
- Social Sustainability
- Governance
Environmental Achievements
- 15.82% reduction in GHG emissions from three office buildings
- South Quarter maintained its Gold rating Greenship Certificate (Existing Building) from GBCI
- South Quarter achieved more than 25% water consumption from recycled and rainwater (increased from 16%)
- SQ Res saved Rp 128 million in water consumption costs in 2021 (6% savings)
Social Achievements
- 99% of Intiland employees vaccinated against Covid-19
- 94% customer satisfaction rate
- 246 participants in the Innovation Award 2021
- 25,287 people vaccinated through Intiland's program in Jakarta and Surabaya
- Zero reported cases of non-compliance concerning marketing communications, health and safety impacts of products and services, and relevant social and economic laws and regulations
Governance Achievements
- Received three prestigious awards from PropertyGuru Indonesia: Special Recognition in Environmental, Social, Governance; Special Recognition in Sustainable Design & Construction; and The Best Sustainable Developer Indonesia
- No cases of non-compliance in 2021
- Implementation of Intiland Sustainable Guideline
Climate Goals & Targets
- Not disclosed
- Not disclosed
- Not disclosed
Environmental Challenges
- Supply chain disruptions due to the pandemic
- Material waste due to overspecifications in projects
- Uncertainty due to the pandemic
- Need to readjust license for PROPER certification due to changes in water treatment specifications
Mitigation Strategies
- Detailed procurement process with thorough calculations, estimates, and inspections
- Engineering review to scrutinize specifications
- Change and innovation to weather the storm
- Refining Intiland Sustainable Guideline to broaden sustainability scope
- Implementation of digital tools for communication and operations
Supply Chain Management
Supplier Audits: Several projects started assessing vendors based on GRI checklist
Responsible Procurement
- Intiland Sustainable Guideline
- Detailed procurement process
- Engineering review
- Vendor evaluations
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Development of energy-efficient products
- Providing space for EV chargers
Reporting Standards
Frameworks Used: GRI, POJK No 51/POJK.03/2017
Certifications: ISO 9001 (Intiland Hospitality and Property Management), Greenship Gold (South Quarter)
Third-party Assurance: Not disclosed
Sustainable Products & Innovation
- South Quarter
- Fifty Seven Promenade
- SQ Res
- Sumatra 36
- World Trade Center Surabaya (EV chargers)
Awards & Recognition
- The Best Sustainable Developer Indonesia (PropertyGuru Indonesia Property Awards 2021)
- Special Recognition in Sustainable Design & Construction (PropertyGuru Indonesia Property Awards 2021)
- Special Recognition in ESG (PropertyGuru Indonesia Property Awards 2021)
- Top Ten Developer 2021 (BCI Asia Awards 2021)
- The Best Property Company & Real Estate (Urban City Awards 2021)
- Gold Winner: Serenia Hills (World FIABCI Prix d’Excellence Awards 2021)
- Highly Recognized Condo In Jakarta: 57 Promenade (Properti Indonesia Awards 2021)
- Best Premium Apartment: Regatta (Golden Property Awards 2021)
- Best Housing Development: DUO (PropertyGuru Indonesia Property Awards 2021)
- Gold Winner Office Development: South Quarter (FIABCI REI Excellence Awards 2021)
- Gold Winner Residential High Rise: 1Park Avenue (FIABCI REI Excellence Awards 2021)
- Gold Winner Residential Mid Rise: Graha Golf (FIABCI REI Excellence Awards 2021)
- Silver Winner Residential Low Rise: Graha Natura (FIABCI REI Excellence Awards 2021)
- Country Winner Sustainable Developer: Intiland (PropertyGuru Asia Property Awards 2021)
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Environmental Sustainability
- Social Sustainability
- Governance
Environmental Achievements
- Reduced organic waste by 300 tonnes from all properties
- Maintained energy intensity in two office buildings and four apartment buildings below 200 kWh/m²
- Initiatives to implement and install EV Chargers Station in several properties
- Significant decrease (18%) in the total amount of materials used in three projects compared to the previous year.
Social Achievements
- 98% of customers expressed satisfaction with services
- Successfully maintained 5S audit score for 1Park Avenue apartment above 80% for two consecutive years
- Carried out 43 CSR activities with an average Social Return on Investment value of 1.11
- Zero cases of non-compliance related to marketing communications, product information, health and safety impacts of products and services, data privacy breach, and relevant laws and regulations.
Governance Achievements
- Established Code of Ethics and Integrity Pact signed by all stakeholders
- Implemented a whistleblowing facility
- Implemented a comprehensive risk management system addressing sales & marketing, building management, licensing & legal, financial, and construction risks, and holding company risk.
Climate Goals & Targets
Environmental Challenges
- Economic fluctuations
- Changing consumer buying trends
- Political conditions (general election campaign)
- Material waste due to building over-specification
- Lack of purchases of apartment products
Mitigation Strategies
- Proactive solutions to maintain business stability
- In-depth studies and understanding of market and consumer needs
- Strategies to enhance business amidst competitive market
- Strengthening sales performance, focusing on ready-to-use units
- Organic growth through new project development
- Refining financial structure
- Enhancing human resources quality through development programs
- Strengthening clarification process with suppliers to optimize quality and quantity of materials
- Waste reduction policy through engineering reviews and Building Information Modeling (BIM)
Supply Chain Management
Supplier Audits: 5 major vendors from 9 projects in 2023
Responsible Procurement
- Selecting local materials within 1,000 km radius
- Utilizing and preserving local and native plants
- Selecting low-carbon materials
- Avoiding CFCs, asbestos, and high-VOC paints
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI, POJK No 51/POJK.03/2017
Certifications: ISO 9001 (Intiland Hospitality and Property Management)
UN Sustainable Development Goals
- Goal 2
- Goal 3
- Goal 4
- Goal 8
- Goal 11
- Goal 13
- Goal 15
- Goal 17
Various CSR initiatives contribute to these goals through community development, health programs, education support, economic empowerment, sustainable cities, climate action, biodiversity conservation, and partnerships.
Awards & Recognition
- Favorite National Housing Figure Award (Mr. Hendro S. Gondokusumo)
- SQ Rés Best High-End Apartment (Java Area)
- Gold Rating for Existing Building – Greenship V1.1 (South Quarter)