Climate Change Data

KOP Limited

Climate Impact & Sustainability Data (2022-04 to 2023-03, 2023-04 to 2024-03)

Reporting Period: 2022-04 to 2023-03

Environmental Metrics

Total Energy Consumption:1506.12 MWh/year
Water Consumption:94851.0 m3/year

ESG Focus Areas

  • Environmental
  • Social
  • Governance
  • Economic

Environmental Achievements

  • Reduced diesel consumption from 8,578.81 L in FY2022 to 6,536.57 L in FY2023.
  • Reduced GHG emissions from diesel use from 23.07 tCO2e in FY2022 to 17.58 tCO2e in FY2023.
  • Reduced overall electricity consumption from 2,336.89 MWh in FY2022 to 1,506.12 MWh in FY2023.
  • Reduced overall water consumption from 126,126.20 m3 in FY2022 to 94,851.0 m3 in FY2023.

Social Achievements

  • Maintained employee turnover rate at 24% (below the target of 30%).
  • Increased total training hours from 1,264.31 hours in FY2022 to 4,513.52 hours in FY2023.
  • Maintained zero workplace-related fatalities and zero incidents of non-compliance with health and safety regulations.
  • Conducted CSR activities such as distributing slippers to an orphanage and participating in Bali’s Biggest Clean Up event.

Governance Achievements

  • Maintained zero incidents of non-compliance with anti-corruption laws and regulations.
  • Maintained zero incidents of non-compliance with socioeconomic laws and regulations.

Climate Goals & Targets

Long-term Goals:
  • Reduce GHG emission intensities by 10%
  • Reduce energy intensities by 15%
  • Achieve 50% of features and fitting that are energy efficient and environmentally friendly
  • Reduce water intensities by 15%
  • Achieve 50% of features and fitting that are water efficient and environmentally friendly
Medium-term Goals:
  • Reduce CO₂e emission intensities from Scope 1 and 2 emissions in absolute figures by 6%
  • Disclose more categories under Scope 3 emissions
  • Reduce energy intensities by 10%
  • Adopt more usage of energy efficient features and fittings with two or more water efficiency labelling scheme (“WELS”) ticks
  • Reduce water intensities by 10%
  • Adopt more usage of water efficient features and fittings
Short-term Goals:
  • Reduce purchased electricity & energy consumption by 2%
  • Reduce energy intensities by 5%
  • Adopt use of higher energy efficient features and fittings
  • Reduce water intensities by 5%
  • Adopt use of higher water efficient features and fittings

Environmental Challenges

  • Increased severity of extreme weather events (flooding).
  • Rising mean temperatures and sea levels.
  • Increased compliance costs and operational costs due to policy changes.
  • Increased energy and water costs.
  • Changing customer preferences towards environmentally friendly facilities.
Mitigation Strategies
  • Adoption of water-efficient fittings and products.
  • Implementation of sustainable practices compliant with environmental regulations.
  • Switch to greener and low-emission technologies.
  • Prioritization of emission reduction in the value chain.
  • Development of climate-resilient policies and procedures.

Supply Chain Management

Responsible Procurement
  • Procurement policies to prioritize energy-efficient or environmentally friendly fixtures and fittings

Climate-Related Risks & Opportunities

Physical Risks
  • Increased severity of extreme weather events such as flooding
  • Rising mean temperatures and sea levels
Transition Risks
  • Increased compliance costs
  • Increased insurance premiums
  • Write-offs and early retirement of existing assets
  • Increased energy and water costs
  • Changing customer preferences
  • Reduction in investor confidence
Opportunities
  • Enhancing energy efficiency and water conservation
  • Reduced exposure to fossil fuel price increases
  • Returns on investment in low-emission technology
  • Offerings with sustainable designs attracting environmentally conscious investors and guests

Reporting Standards

Frameworks Used: GRI Universal Standards 2021, TCFD

Reporting Period: 2023-04 to 2024-03

Environmental Metrics

Scope 1 Emissions:21 tCO2e/year
Scope 2 Emissions:2243 tCO2e/year
Total Energy Consumption:2765.56 MWh/year
Water Consumption:45,458.00 m3/year

ESG Focus Areas

  • Economic
  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Utilized water and energy-efficient fixtures and fittings
  • Adopted energy-saving LED lights
  • Advocated for recycling and digitalization during business practice
  • MRS partnered with ChopValue for Zero Waste initiative

Social Achievements

  • Implemented fair and merit-based employment practices
  • Provided regular cross-departmental training programs
  • Maintained zero workplace-related fatalities
  • Made contributions for Zakat and Infaq, organized Iftar dinner and Halal bi Halal event (MRN)
  • Participated in mangrove reforestation efforts (MRS)

Governance Achievements

  • Implemented various procedures to address and mitigate the risks of bribery and corruption
  • Formulated an Employee Code of Conduct outlining policies regarding anti-corruption
  • Established a whistle-blowing policy
  • Engaged external legal advisors for both resorts to ensure compliance with laws and regulations

Climate Goals & Targets

Long-term Goals:
  • Reduce GHG emission intensities by 10%
  • Reduce energy intensities by 15%
  • Reduce water intensities by 15%
  • Maintain zero incidents related to work-related injuries, fatalities, or ill-health
Medium-term Goals:
  • Reduce CO₂e emission intensities from Scope 1 and 2 emissions by 6%
  • Reduce energy intensities by 10%
  • Reduce water intensities by 10%
  • Maintain average monthly turnover rate below 30%
Short-term Goals:
  • Reduce purchased electricity consumption by 2%
  • Reduce energy intensities by 5%
  • Reduce water intensities by 5%
  • Maintain zero incidents of material non-compliance with all applicable health and safety laws

Environmental Challenges

  • Ensuring compliance with regulations
  • Addressing escalated expenses related to raw materials
  • Rising market demand and intensified competition driving up material costs
  • Rising mean temperatures increasing energy consumption
  • Rising sea levels accelerating coastal erosion
Mitigation Strategies
  • Constantly monitoring regulatory requirements and assessing its capacity in meeting them
  • Diversified supplier base and ensured a reserve of raw materials
  • Adopted the practice of keeping office air conditioning at 25°C and turning it off before the end of the workday, incorporated energy-efficient LED lighting
  • Raised awareness among staff, guests, and the local community about the impacts of rising sea levels
  • Implementing a water monitoring system, installing dual-capacity flushing cisterns, performing routine maintenance on plumbing systems

Supply Chain Management

Responsible Procurement
  • Diversified supplier base

Climate-Related Risks & Opportunities

Physical Risks
  • Rising mean temperatures
  • Rising sea level
Transition Risks
  • Enhanced emissions-reporting obligations
  • Increased cost of materials
Opportunities
  • Use of recycling
  • Participation in renewable energy programmes and adoption of energy-efficiency measures

Reporting Standards

Frameworks Used: GRI Universal Standards 2021, TCFD