Climate Change Data

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)