Climate Change Data

Environmental Metrics

Social Achievements

• Increased number of employees from 67 to 92.

Environmental Challenges

• Recorded a loss of Rp 55,181,224,990 on June 30, 2022.

Mitigation Strategies

• Perform efficiency on all fronts while improving management performance by utilizing technology
• Reducing liabilities
• Renting out non-productive assets to generate recurring income
• Offering cooperation with investors in procuring land banks / developing new stages to minimize the financial burden
• Subsidiary PT. Kota Satu Management developing a targeted hospitality operator management business; hotels, budget hotels, exclusive boarding houses, apartments, villas and rental houses.
• Developing housing for the lower middle market.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: PSAK

Environmental Metrics

ESG Focus Areas

• Sustainability
• Good Corporate Governance (GCG)
• Corporate Social Responsibility (CSR)

Environmental Achievements

• Efficiency in electricity and water consumption, reduction in plastic bottle usage (quantified data provided in the report for 2020-2023)
• Implementation of green living concept in Amaya Home Resort (large windows, high ceilings, cross ventilation)

Social Achievements

• Allstay Hotel Semarang initiated a program to provide healthy food assistance to toddlers experiencing malnutrition for 3 months in Lempongsari Village
• Employee training and development programs (hard skills, coaching, ToT, talent development)

Governance Achievements

• Consistent implementation of Good Corporate Governance (GCG) principles
• Establishment of a Whistleblowing System
• Implementation of an Anti-Corruption Policy
• Regular evaluation of the performance of the Board of Directors, Board of Commissioners, and Committees

Climate Goals & Targets

Environmental Challenges

• Global macroeconomic uncertainty impacting consumer purchasing power and property market fluctuations
• High competition in the property and hospitality industries
• Changes in government policies and regulations
• Internal challenges in implementing sustainability aspects within business activities

Mitigation Strategies

• Continuous monitoring of property market trends and development of marketing strategies
• Strengthening the company's condition from various aspects to withstand unfavorable conditions
• Establishing good cooperation with banks for financing
• Careful planning of building material usage, contracts with vendors to secure prices and supply
• Innovation and continuous improvement in products and services
• Regular analysis of the suitability of operational activities with government policies related to sustainability

Supply Chain Management

Responsible Procurement

• Commitment to involving local suppliers and labor

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Sustainable Development Goals (SDGs)

Sustainable Products & Innovation

• Amaya Home Resort with green living concept