Climate Change Data

PT Duta Anggada Realty Tbk

Climate Impact & Sustainability Data (2021, 2022, 2023)

Reporting Period: 2021

Environmental Metrics

ESG Focus Areas

  • Good Corporate Governance (GCG)
  • Corporate Social Responsibility
  • Environmental Responsibility
  • Human Resources

Social Achievements

  • Implemented strict health protocols, including regular Covid-19 testing and vaccination programs for employees.
  • Provided employee benefits such as BPJS enrollment, medical benefits, personal accident insurance, phone credit allowance, annual and incidental leaves, and business travel facilities.
  • Consistently held human resources training and development programs to improve employee discipline, togetherness, and welfare.

Governance Achievements

  • Consistently implemented Good Corporate Governance (GCG) principles.
  • Established an Audit Committee, Risk Monitoring Committee, and Nomination and Remuneration Committee.
  • Held Annual General Meeting of Shareholders (AGMS) and Extraordinary General Meetings of Shareholders (EGMS) in accordance with regulations.

Environmental Challenges

  • Impact of the Covid-19 pandemic, including a surge in cases due to the Delta variant, leading to restrictions on community activities.
  • Decline in financial performance due to the pandemic's impact on office and retail sectors.
  • Increase in financial expenses in 2021.
Mitigation Strategies
  • Implemented strict health protocols for employee safety.
  • Postponed capital expenditure investments to maintain liquidity.
  • Maintained adequate cash and cash equivalents to finance operations.
  • Implemented cost efficiency measures.
  • Adjusted prices and offered convenience programs for customers.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Period: 2022

Environmental Metrics

Social Achievements

  • Various corporate social responsibility programs are regularly held to help the surrounding community.
  • We also strive to become an environmentally friendly company through implementing various programs and developing environmentally friendly properties.

Governance Achievements

  • The Company always strives to maintain commitment in implementing the principles of Good Corporate Governance (GCG)

Climate Goals & Targets

Environmental Challenges

  • condition of the Covid-19 pandemic which had not fully recovered which still had an impact on the Company's business activities in the property sector
  • rising prices which pushed up the inflation rate
  • volatility in the Rupiah exchange rate
  • interest rates increased thus affecting the Company's financial performance
  • increasingly fierce business competition due to the increasing number of new buildings, especially in the office, retail, apartment and hotel rental sectors.
Mitigation Strategies
  • delaying capital expenditure investments in new projects so that the Company's liquidity can be maintained properly
  • continues to monitor and maintaining the amount of cash and cash equivalents at a sufficient level for the smooth running of operations
  • continues to strive for efficiency in operational costs
  • synergizes between business units to increase the Company's competitiveness

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Period: 2023

Environmental Metrics

ESG Focus Areas

  • Good Corporate Governance (GCG)
  • Environmental Sustainability
  • Social Responsibility
  • Human Resources

Environmental Achievements

  • Implemented various programs and environmentally friendly property development to be an environmentally friendly company
  • Consistently implemented health protocols in all projects to prevent the spread of Covid-19

Social Achievements

  • Regularly held corporate social responsibility programs to help the surrounding community
  • Improved employee welfare (holiday allowance, health costs, etc.)
  • Implemented fair recruitment process, provided training and development for employees, and created a good work environment.

Governance Achievements

  • Consistently and effectively implemented Good Corporate Governance (GCG) principles at all organizational levels
  • Monitored and reviewed progress in GCG compliance
  • Improved GCG practices based on company needs and legal developments

Climate Goals & Targets

Environmental Challenges

  • Slowdown in global and national economic growth due to geopolitical tensions, high inflation, and monetary policy tightening
  • Decreased public purchasing power and increased interest rates
  • Uncertainty surrounding the general election leading to a wait-and-see approach by investors
  • Challenges in the office sector due to the pandemic's impact and abundant new office space supply
  • Retail sector challenges due to delayed shopping center openings
Mitigation Strategies
  • Strengthened and developed existing business sectors by improving service quality and facilities
  • Implemented efficiency programs to maintain good financial condition
  • Postponed development of new projects due to economic uncertainty
  • Focused on strengthening cash flow from recurring income and property sales
  • Sought opportunities for collaboration with landowners to develop office and hotel properties

Supply Chain Management

Climate-Related Risks & Opportunities