PT Pikko Land Development Tbk
Climate Impact & Sustainability Data (2021, 2022, 2023)
Reporting Period: 2021
Environmental Metrics
Total Energy Consumption:18,727 KWH (operational, project, marketing offices only)
Water Consumption:349 m3 (operational, project, marketing offices only)
ESG Focus Areas
- Economic
- Environmental
- Social
Environmental Achievements
- Reduced electricity and water consumption in operational, project, and marketing offices (specific figures provided in the report, but not easily quantifiable without further context).
Social Achievements
- Created job opportunities for the surrounding community.
- Improved infrastructure in surrounding areas.
- Provided additional income to the community.
- Incurred social responsibility costs of Rp 132.17 million for various donations.
Governance Achievements
- Appointed President Director as the person in charge of implementing sustainability.
- Corporate Secretary team participated in several trainings/seminars on sustainable finance.
Climate Goals & Targets
Environmental Challenges
- COVID-19 pandemic impacting communication, interaction, and project timelines.
- Lack of awareness regarding sustainability among internal and external stakeholders.
- Global political instability (Russia-Ukraine war) impacting material prices and consumer purchasing power.
Mitigation Strategies
- Implemented digital marketing strategies.
- Rescheduled project launches.
- Collected employee data for booster vaccinations.
- Disseminated knowledge and awareness of sustainability internally.
- Developed marketing strategies to address reduced purchasing power.
Supply Chain Management
Responsible Procurement
- Use of recycled materials
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI, POJK 51/POJK.03/2017
UN Sustainable Development Goals
- SDG 1: No Poverty
- SDG 2: No Hunger
- SDG 4: Quality Education
- SDG 7: Affordable and Clean Energy
- SDG 8: Decent Work and Economic Growth
- SDG 9: Industry, Innovation and Infrastructure
- SDG 11: Sustainable Cities and Communities
- SDG 12: Responsible Consumption and Production
- SDG 13: Climate Action
Sustainable Products & Innovation
- Cross ventilation system
- Energy-efficient building design (LED lights, timers, AC Law Watts)
- Water recycling for garden irrigation
- Optimal green areas
- Paperless marketing
- Smart home and less battery technology
Reporting Period: 2022
Environmental Metrics
Total Energy Consumption:25,531 KWH/year (operational, project, and marketing offices only)
Water Consumption:278 m3/year (operational, project, and marketing offices only)
ESG Focus Areas
- Economic
- Environmental
- Social
- Governance
Environmental Achievements
- Apartment buildings handed over received Certificates of Proper Function.
- Used water from STP for garden watering.
- Building design with optimal green area.
- Product marketing moved towards paperless (flyers to pocket flyers, brochures to digital brochures).
Social Achievements
- CSR funds of Rp 144.8 million donated to Yayasan Generasi Terang and Bimbel Djuang.
- Transparent and fair recruitment process.
- Compensation for lowest-level employees equal to UMR DKI Jakarta and UMR Bekasi Kota.
Governance Achievements
- President Director appointed as person in charge of sustainability.
- Regular meetings between Board of Directors and Board of Commissioners to discuss sustainability risks.
- Corporate Secretary team participated in several trainings/seminars on sustainable finance.
Climate Goals & Targets
Environmental Challenges
- Lack of awareness among some personnel about the importance of sustainability.
- High fluctuations in fuel prices due to global political events (Russia's invasion of Ukraine), decreasing purchasing power.
- 2024 general elections in Indonesia potentially impacting national economic aspects.
Mitigation Strategies
- Actively building an attitude foundation of all personnel regarding the importance of sustainable finance.
- Collaboration with banks to run home credit ownership programs.
- Periodic risk identification, analysis, mitigation, evaluation, and monitoring.
Supply Chain Management
Responsible Procurement
- Use of environmentally friendly materials
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI, POJK 51/POJK.03/2017
Sustainable Products & Innovation
- Cross ventilation system in buildings
- Energy-efficient building design (LED lights, timers, AC Law Watts)
- Smart home development
Reporting Period: 2023
Environmental Metrics
Total Energy Consumption:272,269 KWH (operational, project, and marketing offices only)
Water Consumption:604 m3 (operational, project, and marketing offices only)
ESG Focus Areas
- Economic
- Social
- Environmental
- Legal
Environmental Achievements
- Used environmentally friendly materials such as LED lights, low-watt ACs, and recycled doors in building construction.
- Implemented cross ventilation systems in building design to reduce air conditioning use.
- Utilized treated wastewater for garden irrigation.
Social Achievements
- Provided employment opportunities to the surrounding community.
- Donated Rp 34.8 million to communities in Menteng and Lebak Bulus.
- Maintained fair and transparent recruitment processes, ensuring equal opportunities.
Governance Achievements
- Implemented a responsive risk management system.
- President Director is responsible for determining sustainability policies and strategies.
- Corporate Secretary team participated in several sustainability-related trainings.
Climate Goals & Targets
Long-term Goals:
- Create environmentally friendly, healthy, and comfortable housing with added value for stakeholders.
Environmental Challenges
- Sluggish real estate industry in 2023 (growth rate of 1.43% compared to 1.72% in 2022).
- Lack of awareness among some personnel about the importance of sustainability.
- Uncertainty due to the new government formation in October 2024 and potential re-elections.
- Global political instability impacting USD/IDR exchange rate and oil prices, affecting raw material costs and apartment pricing.
Mitigation Strategies
- Implemented a responsive risk management system to identify, analyze, mitigate, evaluate, and monitor risks.
- Developed strategies to adapt to changing market demands (e.g., green living concepts).
- Collaborated with banks to facilitate apartment ownership credits.
Supply Chain Management
Responsible Procurement
- Using environmentally friendly materials.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI, POJK 51/POJK.03/2017
Sustainable Products & Innovation
- Apartment and office buildings with cross ventilation, energy-efficient design, and green areas.