Climate Change Data

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.