PT Megapolitan Developments Tbk
Climate Impact & Sustainability Data (2021, 2022, 2023)
Reporting Period: 2021
Environmental Metrics
Total Carbon Emissions:10,263,158 tCO2e/year
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:18,594,653 MWh/year
Water Consumption:110,000 m3/year
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Economic
- Social
- Environmental
- Governance
Environmental Achievements
- Reduced energy consumption by 4.8% compared to 2020 (18,594,653 kWh vs 19,542,403 kWh)
- Reduced emissions by 1% compared to 2020 (10,263,158 vs 10,365,000)
- 30% Green Open Space (RTH) provided from total development area
- Implemented Sewage Treatment Plant (STP) and Water Treatment Plant for waste and water management
Social Achievements
- Rp 145 million community investment in 4 areas (Cinere, Bogor, Karawaci, and Jakarta)
- Various CSR activities including blood donation drives, Eid al-Adha and Eid al-Fitr celebrations, and Christmas donations
- Provided basic necessities to Covid-19 positive residents in self-isolation
- Organized Covid-19 vaccination drives in collaboration with local authorities
Governance Achievements
- Adherence to Good Corporate Governance (GCG) principles
- No significant issues found in the implementation of sustainable governance
- Regular meetings to monitor implementation and receive feedback
- Implementation of a violation reporting system
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Decline in consumer purchasing power due to the pandemic
- Restrictions on operating hours due to PPKM (Community Activity Restriction Program)
- Decline in consumer confidence
- Obstacles to infrastructure development progress
- Increase in material costs
- Overall slump in the property industry since 2018
Mitigation Strategies
- Business efficiency measures
- Resource improvement
- Expansion of market reach through digital marketing
- Focus on high-demand market segments
- Development in Bogor and Karawaci to reduce Depok area risks
- Completion of a mall in Bogor to balance development and recurring income
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Prioritizing local suppliers/SMEs (100% of suppliers)
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Goal 1: No Poverty
- Goal 4: Quality Education
- Goal 11: Sustainable Cities and Communities
CSR programs contributing to poverty reduction, quality education, and sustainable urban development
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- URBAN CITY AWARD 2021 (Property Developer with Good Performance)
Reporting Period: 2022
Environmental Metrics
Total Energy Consumption:19,138,833 KWh (2022)
ESG Focus Areas
- Economic Contribution
- Environmental Impact Management
- Human Resources and Employment
- Social and Community Empowerment
- Good Corporate Governance
Environmental Achievements
- Provided Green Open Space (RTH) 30% of the total development area.
- Used STP (Sewage Treatment Plant) and WTP (Water Treatment Plant) for waste and water management in all projects.
Social Achievements
- CSR Investment Program of IDR 250 million.
- Total Training Hours of 100 hours (2022), 92 hours (2021).
Governance Achievements
- Implemented Good Corporate Governance (GCG) principles throughout the company.
- Established a Whistleblowing System for reporting violations.
Climate Goals & Targets
Environmental Challenges
- Potential interest rate hikes impacting mortgage purchases.
- Inflation increasing property industry raw material and labor costs.
- Intense competition in the modern retail sector.
Mitigation Strategies
- Implemented attractive sales promotions (subsidies, cashback, longer installment terms).
- Collaborated with banks and property agents to expand marketing networks.
- Strengthened digital marketing channels.
- Developed new products with affordable price segments.
- Focused on environmentally friendly products and practices.
Supply Chain Management
Climate-Related Risks & Opportunities
Sustainable Products & Innovation
- Green living residential concepts (Cinere Park View)
Awards & Recognition
- Listed Property Developer With Good Performance – Urban City Awards (2018, 2020)
- Corporate Social Responsibility Award from the Indonesian Red Cross (2018)
- The Most Preferred Landed In Depok – Real Estate Awards 2018 - Rumah123.com
- Tax Assessment Award 2017
- Top 50 Companies in 2018 – Best Of The Best Awards Forbes Indonesia
- Best Issuer by Investor Magazine (2016)
- Top Property Award 2016, Vivo Sentul, Bogor
- The Visioner and Innovative Developer for Cinere Area (2006)
- Post-Crisis Business Srikandi Award (2005)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Not disclosed
Environmental Achievements
- Not disclosed
Social Achievements
- Not disclosed
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- High credit interest rates
- The enactment of the Job Creation Law (UUCK)
- Regulations related to the permitting process
- Convincing customers that now is the right time to purchase property products due to concerns about political agendas and the impact of the pandemic.
Mitigation Strategies
- Selling assets to increase liquidity and resolve pending obligations
- Collaborating with external parties to develop new projects
- Continuous improvements to shopping centers to maintain and increase visitor traffic
- Developing the Dahlia residential and commercial project in Sentul, Bogor, and continuing sales of Cinere Parkview residential properties.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Listed Property Developer With Good Performance – Urban City Awards (2017, 2020)
- Tax Assessment Award 2017
- The Most Preferred Landed In Depok – Real Estate Awards 2018 - Rumah123.com
- Best Issuer by Investor Magazine on 3 May 2016
- Corporate Social Responsibility Award from the Indonesian Red Cross – Emergency Response to the Sunda Strait Tsunami
- Anugerah Perempuan Indonesia to Melani Lowas Barak Rimba
- Top 50 Companies in 2018 – Best Of The Best Awards Forbes Indonesia
- Top Property Award 2016, Vivo Sentul, Bogor by Property-In Magazine on 19 January 2016
- Listing of PT Megapolitan Developments Tbk in the Indonesia Stock Exchange on January 2011
- Participated in the Regional Working Meeting of REI JAWA BARAT 2006
- The Visioner and Innovative Developer for Cinere Area” at the Indonesia Award 2006
- The Best Action Plan Indonesia Region in Action International Business Coaching Award
- The Post-Crisis Business Srikandi to Melani Lowas Barak Rimba at the Indonesia Award 2005