Climate Change Data

Environmental Metrics

ESG Focus Areas

• Economic Performance
• Environmental
• Social
• Governance

Environmental Achievements

• 5 projects with green building certifications (Gold Rating Green Building Certification - Green Building Council Indonesia (GBCI), Final EDGE Certification - GBCI, Preliminary EDGE Certification - GBCI, etc.)
• 8,504 trees planted
• 1,800,972 m2 of urban green space
• 460,823 m2 of lake area

Social Achievements

• Highest net profit in Ciputra’s history (Rp1.9 trillion)
• Increase in training hours by 2.1% to 76,578 hours (average 17.4 hours per employee)
• CSR cost increased by 90.9% to Rp4.2 billion
• Customer satisfaction rate increased to 89.7%
• Employee satisfaction rate increased to 81.0%

Governance Achievements

• Re-elected as one of the 30 constituents of the IDX ESG Leaders Index
• Included in the ESG Quality 45 IDX KEHATI Index
• Implementation of Enterprise Risk Management (ERM) and ISO 31000: Risk Management System
• No significant changes impacting business continuity in 2022
• No conflict of interest cases involving employees in 2022

Climate Goals & Targets

Environmental Challenges

• Relatively new and frequently changing regulatory environment in Indonesia, especially when operating across different jurisdictions.
• Lack of reliable and consistent data on ESG performance requiring standardization across projects.
• Inconsistent understanding of ESG risks and their impact on business operations among employees.
• Financial constraints in implementing ESG strategies.
• Challenges in ensuring ESG compliance across the supply chain involving various subcontractors and suppliers.

Mitigation Strategies

• Monitoring regulatory developments and maintaining open communication with regulators.
• Establishing consistent metrics and reporting frameworks.
• Providing regular training and workshops on ESG topics for employees.
• Considering innovative financing mechanisms like green bonds or sustainability-linked loans.
• Establishing ESG expectations for suppliers and subcontractors and incorporating these requirements into contracts.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Code of Conduct
• Involvement of local suppliers

Climate-Related Risks & Opportunities

Physical Risks

• Flooding
• Landslides

Transition Risks

• Regulatory changes

Opportunities

• Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI, POJK No. 51/POJK 03/2017, GRI Construction and Real Estate Sector Supplement (CRESS)

Certifications: ISO 9001:2018 (Ciputra Mall Semarang), EDGE Certification (several projects)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Goal 7 (Affordable and Clean Energy)
• Goal 8 (Decent Work and Economic Growth)
• Goal 9 (Industry, Innovation, and Infrastructure)
• Goal 11 (Sustainable Cities and Communities)
• Goal 13 (Climate Action)

The report details how various initiatives contribute to these goals.

Sustainable Products & Innovation

• CitraLand Tanjung Morawa Kota Deli Megapolitan
• CitraLand City Kedamean
• Energy-efficient smart homes (research)
• Use of low-e glass and solar panels

Awards & Recognition

• TrenAsia ESG Excellence Award 2022
• 4-stars OHS Program (Gold) for PT Ciputra Residence (World Safety Organization Indonesia)
• Ciputra HSE Award 2022

Environmental Metrics

ESG Focus Areas

• Economic Performance
• Environmental Sustainability
• Social Responsibility
• Governance

Environmental Achievements

• Allocated at least 50% of total land area for green open spaces and provided biopore holes in developed projects.
• Planted 7,725 trees and provided 1,879,667 m2 of green open space in 2023.
• Six green-certified buildings as of 2023.
• Reduced energy consumption by 5.0% in 2023 (640,968 GJ from 674,413 GJ).

Social Achievements

• Maintained high customer satisfaction rate at 90% in 2023.
• Created 21,111 jobs through 1,465 tenants renting in Ciputra’s commercial area.
• Supported 1,013 MSMEs, generating Rp17 billion in total income.
• Provided 69,849 hours of training (average 15.3 hours per employee), with 11% dedicated to ESG.

Governance Achievements

• Implemented Enterprise Risk Management (ERM) system.
• Established a roadmap for 2024-2028 integrating the TCFD framework.
• Addressed 7 cases of code of conduct violations.

Climate Goals & Targets

Environmental Challenges

• Relatively new and frequently changing regulatory landscape in Indonesia.
• Lack of reliable and consistent ESG performance data.
• Inconsistent understanding of ESG risks among employees.
• Financial constraints in implementing ESG strategies.
• Ensuring ESG compliance across the supply chain.

Mitigation Strategies

• Monitoring regulatory developments and maintaining open communication with regulators.
• Establishing consistent metrics and reporting frameworks.
• Providing regular ESG training for employees.
• Considering innovative financing mechanisms (green bonds, sustainability-linked loans).
• Establishing ESG expectations for suppliers and incorporating them into contracts.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks

• Landslides
• Flooding

Transition Risks

• Regulatory changes

Opportunities

• Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI, TCFD

Certifications: ISO 9001:2015, EDGE, SNI CAC/RCP1:2011 HACCP, SNI 9042:2021 CHSE, EarthCheck Bronze C

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• CitraGarden Serpong
• Citra City Sentul
• CitraGarden Bintaro

Awards & Recognition

• IDX ESG Leaders Index constituent
• IDX KEHATI ESG Sector Leaders Index constituent
• Inspiring Developer for Sustainable Development (Indonesia Property & Bank Award 2023)
• Top Ten Developer 2023 (BCI Asia Awards 2023)
• Silver Winner Sustainable Development (FIABCI Indonesia REI Excellence Awards 2023)