PT Nusa Raya Cipta Tbk
Climate Impact & Sustainability Data (2020, 2021, 2022, 2023)
Reporting Period: 2020
Environmental Metrics
ESG Focus Areas
- Occupational Health and Safety
- Environmental Protection
- Good Corporate Governance
Environmental Achievements
- Received SNI ISO 14001:2015 Environmental Management Systems Certificate
Social Achievements
- Improved HR management capabilities by initiating the application of Human Resources Information System (HRIS)
- Implemented CSR programs
- Maintained a healthy and constructive working relationship between the Company and employees
Governance Achievements
- Strengthened the implementation of Good Corporate Governance (GCG)
- Established Nomination and Remuneration Committee on April 30th, 2021
- Implemented a Whistleblowing System
Climate Goals & Targets
Environmental Challenges
- Covid-19 pandemic that resulted in significant slowdown of business and economic activities
- Declining purchasing power
- Construction market slowdown in the private sector
- Numerous project tenders postponed
- Fierce competition in the construction industry
Mitigation Strategies
- Focusing on developing and maintaining construction services business
- Proactively looking for opportunities to work on government’s projects
- Improving the Company’s operational efficiency and capability
- Building partnerships with foreign parties, private companies or SOEs
- Exploring property joint development partnerships with landowners
Supply Chain Management
Responsible Procurement
- Strict tender system for suppliers and subcontractors
Climate-Related Risks & Opportunities
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- Good Corporate Governance (GCG)
- Occupational Health and Safety (K3)
- Environmental Protection
- Social Responsibility (CSR)
Environmental Achievements
- Renewed SNI ISO 14001:2015 Certificate
Social Achievements
- Renewed SNI ISO 45001:2018 Certificate (Occupational Health and Safety)
- Implementation of strict health protocols during the Covid-19 pandemic at both head office and project sites.
- Consistently implementing CSR programs annually.
Governance Achievements
- Consistent implementation of Good Corporate Governance (GCG) principles.
- Renewed SNI ISO 9001:2015 Certificate
- Six joint meetings between the Board of Directors and the Board of Commissioners held throughout the year.
Climate Goals & Targets
Environmental Challenges
- The ongoing Covid-19 pandemic and the emergence of new variants, resulting in a significant decline in business and economic activities.
- Weakening purchasing power, particularly in the property sector, leading to a slowdown in the private construction market and project tender postponements.
- Increased competition in the construction industry.
Mitigation Strategies
- Focus on developing and maintaining construction services business.
- Proactively seeking opportunities in government projects.
- Improving operational efficiency and capability.
- Maintaining existing markets and acquiring new contracts from project owners and repeat customers.
- Building partnerships with foreign parties, private companies, or SOEs through joint operation projects.
- Exploring property joint development partnerships with landowners.
- Implementing strict health protocols and maintaining good relations with customers and prospective customers.
Supply Chain Management
Responsible Procurement
- Strict tender system for suppliers and subcontractors
Climate-Related Risks & Opportunities
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Received greenship certification with the highest rating (platinum) for Mayapada Hospital Bandung, the first Green Hospital in Indonesia.
- Renewed Occupational Safety and Health Management System (OSHMS) Certificate
- Obtained SNI ISO 14001:2015, SNI ISO 9001:2015, and ISO 45001:2018 Certificates.
Social Achievements
- Consistently provides information to stakeholders in a transparent, timely, and accountable manner.
- Implemented CSR programs.
- Improved communication and participation with workers, and maintained relationships with employees, the surrounding environment, owners, and shareholders.
Governance Achievements
- Consistently implemented Good Corporate Governance (GCG) principles: transparency, accountability, responsibility, independence, fairness, and equality.
- Established policies and procedures, as well as tasks and responsibilities for each organ.
- Complied with laws and regulations, and considered the interests of shareholders and stakeholders.
Climate Goals & Targets
Environmental Challenges
- The ongoing Covid-19 pandemic significantly affected the economy.
- Weakening purchasing power, especially in the property industry, slowed the construction market in the private sector.
- Numerous project tenders were postponed.
Mitigation Strategies
- Focused on developing and maintaining construction services business.
- Proactively sought opportunities in government projects.
- Improved operational efficiency and capability.
- Maintained existing markets and sought new contracts.
- Built partnerships with foreign parties, private companies, or SOEs.
Supply Chain Management
Responsible Procurement
- Strict tender system for suppliers and subcontractors
- Agreements on binding prices with key suppliers/subcontractors at the beginning of projects
Climate-Related Risks & Opportunities
Awards & Recognition
- Indonesia Ernst & Young Entrepreneur of The Year (2013)
- Forbes Indonesia Top 50 Companies (2016)
- Business News Indonesia Top Infrastructure in Building Construction (2016)
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Economic Prosperity
- Social Welfare
- Environmental Sustainability
- Good Corporate Governance
Environmental Achievements
- Developed DP Mall Expansion Semarang, a lifestyle mall designed with the first green open space or eco-building concept in Semarang City.
- Renewed SNI ISO 14001:2015 Environmental Management System Certificate
Social Achievements
- Received Zero Accident Award from Department of Manpower and Transmigration of the Republic of Indonesia (2005)
- Prioritized employees’ safety and health in running the Company’s operations
- Implemented CSR programs consistently on an annual basis
Governance Achievements
- Implemented all GCG principles: transparency, accountability, responsibility, independence, fairness, and equality.
- Established Audit Committee, Nomination and Remuneration Committee, Internal Audit Unit, and Whistleblowing System.
- Consistently reviewed and updated GCG policies and Code of Conduct
Climate Goals & Targets
Environmental Challenges
- Declining purchasing power, especially in the property industry, causing a slowdown in the private construction market.
- Numerous project tenders postponed to the following year.
- Global economic slowdown and heightened uncertainty
Mitigation Strategies
- Focused on developing and maintaining construction services business.
- Proactively sought opportunities in government projects.
- Improved operational efficiency and capability.
- Maintained existing markets and secured new contracts from project owners and repeat customers.
- Proactively sought new project opportunities in property, industry, and infrastructure.
- Built partnerships with foreign parties, private companies, or SOEs through joint operation projects.
Supply Chain Management
Responsible Procurement
- Strict tender system for suppliers and subcontractors
- Agreement on binding prices with key suppliers/subcontractors at the beginning of projects
Climate-Related Risks & Opportunities
Sustainable Products & Innovation
- Eco-building concept in DP Mall Expansion Semarang
Awards & Recognition
- Indonesia Ernst & Young Entrepreneur of The Year (2013)
- Forbes Indonesia Top 50 Companies (2016)
- Business News Indonesia Top Infrastructure in Building Construction (2016)
- Zero Accident Award from Department of Manpower and Transmigration (2005)