Climate Change Data

Environmental Metrics

ESG Focus Areas

• Economic
• Environmental
• Social
• Governance

Environmental Achievements

• Reduced CO2 emissions (Scope 1): 53.02 tons in 2019 to 17.87 tons in 2021
• Reduced CO2 emissions (Scope 2): 6025.44 tons in 2019 to 10163.76 tons in 2021
• Reduced WWTP sludge: 1244.7 tons in 2019 to 397.11 tons in 2021
• Planted 667 trees in 2021
• Maintained 187 ha of green open space

Social Achievements

• Implemented various CSR programs with a total expense of Rp428,580,500
• Organized vaccination events for industrial workers and children
• Provided flood relief and other social assistance
• Achieved zero fatal accidents
• Employed 3 Occupational Health and Safety Experts

Governance Achievements

• Implemented a comprehensive risk management system
• Established a Whistleblowing System
• Developed and implemented a Code of Ethics
• Maintained a strong commitment to Good Corporate Governance (GCG)

Climate Goals & Targets

Environmental Challenges

• Macroeconomic and global economic conditions
• Property market fluctuations
• Increased competition in the property market
• Foreign exchange rate risks
• Funding availability
• Credit risk
• Interest rate risk
• Liquidity risk
• Price risk
• Changes in domestic regulations
• Risk of not obtaining all necessary licenses
• Risk of legal disputes
• Risk of not achieving project goals (cost, quality, time)
• Risk of dependence on contractors
• Information technology risks
• Climate risks (flooding, water shortages)
• Environmental pollution risks
• Uncontrollable business risks (fire, terrorism, natural disasters)

Mitigation Strategies

• Government stimulus and credit relaxation programs
• Improved operational cost efficiency and sales strategies
• Market research and competitor analysis
• Close monitoring of foreign exchange rates and sensitivity analysis
• Maintaining sufficient cash and cash equivalents
• Regular evaluation of cash flow projections
• Strict selection of banks and financial institutions
• Combination of fixed and floating interest rate loans
• Routine evaluation of financial performance and market prices
• Comprehensive review of regulations and obtaining necessary permits
• Ensuring legal agreements protect company interests
• Comprehensive project planning and periodic evaluations
• Vendor qualification process and monitoring contractor performance
• Information security systems (firewall, antivirus)
• Preventive and emergency response measures for climate risks
• Strict standard operating procedures for environmental compliance
• Asset protection through insurance

Supply Chain Management

Responsible Procurement

• Transparent and integrity procurement practice
• Evaluation of suppliers based on quality, price, security, and delivery time

Climate-Related Risks & Opportunities

Physical Risks

• Flooding
• Water shortages

Reporting Standards

Frameworks Used: GRI Standards (Core option), World Economic Forum (WEF) framework

Certifications: POPAL (Person in Charge of Waste Water Treatment Operational), PPPA (Person in Charge of Water Pollution Control), B3 Landfill license No. 660.3/Per.TPLB3.057/II/P3LH/DLH/2020, IPLC No. 503.9/029/DPMPTSP/IPAL/2020

UN Sustainable Development Goals

• Goal 1 (No Poverty)
• Goal 3 (Good Health and Well-being)
• Goal 4 (Quality Education)
• Goal 8 (Decent Work and Economic Growth)
• Goal 9 (Industry, Innovation, and Infrastructure)
• Goal 11 (Sustainable Cities and Communities)
• Goal 13 (Climate Action)

The Company's activities contribute to these goals through job creation, community investment, sustainable development, and environmental protection.

Sustainable Products & Innovation

• Environmentally friendly housing designs

Awards & Recognition

• 4 Nusantara CSR Awards 2021
• 2 Golden Property Awards 2021
• CSR Partner Company in West Java 2021

Environmental Metrics

ESG Focus Areas

• Economic Performance
• Environmental Performance
• Social Performance
• Governance

Environmental Achievements

• Reduced water loss by 7.6% compared to the previous year, saving approximately Rp 3.9 billion.
• Optimized Waste Treatment Plant (WTP) and Wastewater Treatment Plant (WWTP).
• Collected around 514 tons of industrial wastewater sludge for safe disposal.
• Secured 187 ha Urban Green Space.
• Collaborated with Balai Besar Wilayah Sungai (BBWS) on river dredging to minimize flood risks.

Social Achievements

• Invested around Rp 24.4 billion in social activities with 344 internal volunteers.
• Supported local MSMEs through Pasar Central.
• Continued recruiting locally.
• Introduced the concept of an Eco-Industrial park to industrial tenants.

Governance Achievements

• Implemented ESG governance with three key elements: Corporate Governance, Risk Governance, and Sustainability Governance.
• Established a Whistleblowing System.
• Enforced strict policies to avoid conflicts of interest.
• Implemented a Vendor Integrity Pact.

Climate Goals & Targets

Environmental Challenges

• Data availability.
• Lack of awareness on sustainability subjects.

Mitigation Strategies

• Dedicated to overcoming data and awareness challenges in the coming year.
• Finding solutions in collaboration with stakeholders.

Supply Chain Management

Supplier Audits: Periodic evaluation of supply chain partners.

Responsible Procurement

• Transparent and integrity procurement practices.
• ESG standards set by Lippo Group.
• Local sourcing.
• Vendor Integrity Pact.

Climate-Related Risks & Opportunities

Physical Risks

• Flooding

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRI Standards 2021 (Core option), World Economic Forum (WEF) sustainable value creation reporting framework, POJK No. 51/POJK.03/2017

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Goal 1: No Poverty
• Goal 3: Good Health and Well-being
• Goal 4: Quality Education
• Goal 8: Decent Work and Economic Growth
• Goal 9: Industry, Innovation, and Infrastructure
• Goal 11: Sustainable Cities and Communities
• Goal 13: Climate Action

Various initiatives contribute to these goals through job creation, community development, environmental conservation, and sustainable business practices.

Sustainable Products & Innovation

• Newville apartment concept.
• Eco-friendly residential designs.

Awards & Recognition

• Nusantara CSR Awards 2022 (Education Quality Improvement and Health Quality Improvement categories)
• Best Stock Award 2022 (Mid Cap category)
• Serikat Media Siber Indonesia (SMSI) Award 2022

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Implemented environmentally friendly building development practices and incorporated energy-saving technologies while leveraging renewable energy sources
• Optimized Wastewater Treatment Plant (WTP) and Industrial Wastewater Treatment Plant (IPAL) to ensure optimal water management
• Reduced average energy intensity of high-rise residential buildings by 12% compared to the previous year

Social Achievements

• Consistently involved local suppliers in business development, utilizing 100% local suppliers in 2023
• Actively engaged in social activities for the public, providing social assistance and supporting local MSMEs
• Supported the recruitment of over 500 local workers

Governance Achievements

• Implemented a Whistleblowing System (WBS) since 2016
• Developed a Code of Ethics applicable to all employees, including the Board of Directors
• Implemented a comprehensive risk management system

Climate Goals & Targets

Environmental Challenges

• Rising costs and supply chain disruptions due to complex macroeconomic conditions, geopolitical tensions, and climate crisis

Mitigation Strategies

• Strengthened efforts to reduce environmental impact, promote fair and safe work practices, and increase engagement with communities
• Developed various innovative strategies, including investing in environmentally friendly technologies and training employees in sustainable practices

Supply Chain Management

Supplier Audits: Periodic evaluation of supply partners

Responsible Procurement

• Transparent and integrity-based procurement practices
• Compliance with ESG standards set by Lippo Group
• Preference for local suppliers, including MSMEs
• Implementation of Vendor Integrity Pact

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRI Standards 2021 (With Reference), World Economic Forum (WEF) sustainable value creation reporting framework, OJK Regulation No. 51/POJK.03/2017

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Goal 1 (No Poverty)
• Goal 3 (Good Health and Well-being)
• Goal 5 (Gender Equality)
• Goal 8 (Decent Work and Economic Growth)
• Goal 10 (Reduced Inequalities)
• Goal 16 (Peace, Justice and Strong Institutions)

Various initiatives contribute to these goals through employment opportunities, community development programs, environmental conservation, and upholding human rights.

Sustainable Products & Innovation

• Environmentally friendly residential designs with smart features
• Use of energy-efficient LED lighting

Awards & Recognition

• Nusantara CSR Awards 2023 (Education and Health, Clean Water and Sanitation, Quality Education)
• Awards from the Regent of Bekasi (Dedication and Contribution in Providing Assistance during the Emergency Response to the Bekasi Regency Drought Disaster in 2023, Active Role in Increasing Regional Revenue in Bekasi Regency in 2023)
• Enterprise Connexion 2023 “Empowering Future” Award (Best Emerging Partner Category)