Climate Change Data

Environmental Metrics

ESG Focus Areas

• Best in Class Real Estate
• Climate Change and the Environment
• Sustainable Communities
• Educational Patronage

Environmental Achievements

• Reduced GHG emissions intensity in Green Buildings in BSD City in line with the target of reducing emission intensity in all Green Buildings in the BSD City area by 5% in the next 8 years.
• Recycled 407,828 m3 of water, equivalent to savings of IDR5.14 billion.
• Collected 1,660 m3 of rainwater used by 2 Green Buildings, equivalent to savings of IDR20.91 million.

Social Achievements

• More than 3,000 UMKM benefited from the development of Pasar Modern Intermoda in BSD City.
• 13 recipients of the Computer Programming and Coding scholarship graduated, and 6 were employed.
• More than 16,150 traders and 165 market managers received training at the Sekolah Pasar Rakyat.

Governance Achievements

• No corruption cases reported.
• No significant fines or non-monetary sanctions imposed on the Company.
• No incidents of non-compliance related to environment and social frameworks.

Climate Goals & Targets

Environmental Challenges

• Low public compliance with government-enforced health protocols during the Covid-19 pandemic.
• Ineffective enforcement of PSBB policy in reducing Covid-19 transmission.
• Low achievement in tree planting and biopore hole creation due to Covid-19 pandemic.

Mitigation Strategies

• Implemented comprehensive health protocols in offices and properties.
• Organized the Move In Quickly (MIQ) program to maintain marketing sales target.
• Introduced concepts suitable for post-pandemic lifestyles in products.
• Continued monitoring of Covid-19 developments and created an online tracing system.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• ISO 14001 certification for construction and building material suppliers
• Licensing certification for wood suppliers
• Minimum percentage of recycled materials in steel and cement/concrete

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Development of energy-efficient products and green buildings

Reporting Standards

Frameworks Used: GRI Standards (Core approach), POJK No.51/POJK.03/2017

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Green buildings (GOP)
• Post-pandemic design concepts for residential products
• Hype Community Complex for commercial products

Awards & Recognition

• Indonesia Property Award 2020 (Best Residential, Best Millennial Housing, Best Housing Development)
• Asia Property Award 2020 Country Winner (Best Housing Development)
• FIABCI-REI Excellence Award 2020 (Best Office Building - GOP 1)

Environmental Metrics

ESG Focus Areas

• Best in Class Real Estate
• Climate Change & the Environment
• Sustainable Community
• Educational Patronage

Environmental Achievements

• 13% efficiency gain by employing solar panels on six commercial buildings in 2022
• Launched a new integrated waste management process in SML’s ITC projects to reuse plastic and organic waste and minimise waste diverted to landfill
• Initiated two new green programmes, Eco-Enzyme and Plastic to Food, to promote the innovative use and reuse of organic compost and plastic waste
• Incorporated the use of green materials in construction projects (20% green materials in residential projects)

Social Achievements

• Bina Usaha MSME programme assisted 26 MSMEs and 24 MSMEs with disabilities, generating IDR1.4 billion in revenue.
• Pasar Rakyat Go Digital programme engaged 612 MSMEs, with 302 receiving digital payment training.
• Sekolah Berhati programme transformed 49 schools, promoting environmental consciousness and health principles.
• Local Farming Partnership programme provided training and guidance on sustainable agriculture to farmers.

Governance Achievements

• Obtained a commendable ESG risk rating score of 15.8 from Sustainalytics, indicating low severity of ESG risk and a Management score of 52.9 indicating strong ESG Management approach and programme.
• Implemented TCFD guidelines to improve transparency and accuracy of climate-related financial information.
• Established a whistleblowing system managed by a professional audit firm.

Climate Goals & Targets

Environmental Challenges

• Land disputes from land acquisitions
• Noise disturbance during construction
• Need for increased awareness of waste sorting among employees, residents, and the wider community
• Challenges in ensuring the quality of implementation of Sekolah Berhati with limited time and resources
• Need for MSMEs to undergo a mindset shift to scale their business and find sustainable markets for their products.

Mitigation Strategies

• Close monitoring of land disputes and implementation of necessary actions to minimise negative impacts
• Specific mitigation measures prior to handing over final products to customers
• Socialisation and engagement with stakeholders to promote responsible waste management
• Mentoring educators to help familiarise them with new teaching methods in Sekolah Berhati
• Partnerships with the private sector to provide MSMEs exposure to business professionals and create job opportunities.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Prioritising environmentally responsible procurement by sourcing materials with recycled content and monitoring material consumption
• Considering potential disruption from construction activities (noise, safety) to the community when evaluating contractors
• Using green design as a heavily weighted selection criterion

Climate-Related Risks & Opportunities

Physical Risks

• Heavy rainfall and floods
• Landslides

Transition Risks

• Not disclosed

Opportunities

• Development of energy-efficient products and services
• Use of renewable energy sources

Reporting Standards

Frameworks Used: GRI Standards (2021), SGX listing requirements, TCFD guidelines

Certifications: Greenmark BCA, Greenship GBCI, LEED

Third-party Assurance: Internal Audit Group

UN Sustainable Development Goals

• Goal 7 (Affordable and Clean Energy)
• Goal 9 (Industry, Innovation and Infrastructure)
• Goal 11 (Sustainable Cities and Communities)
• Goal 13 (Climate Action)
• Goal 4 (Quality Education)
• Goal 8 (Decent Work and Economic Growth)
• Goal 2 (Zero Hunger)

Initiatives contribute to these goals through various programmes and projects.

Sustainable Products & Innovation

• Green buildings
• Plastic asphalt for road construction

Awards & Recognition

• 3G Innovation in Environmental Solutions Award 2022
• 3G Best Green Innovation and Solutions Award 2022
• Property Guru Indonesia Property Award 2022 — Special Recognition in ESG
• Property Guru Indonesia Property Award 2022 — Best Sustainable Developer
• Property Guru Indonesia Property Award 2022 — Special Recognition in Sustainable Design and Construction
• Property Guru Indonesia Property Award 2022 — Special Recognition in ESG (NAVA Park, BSD City)
• TrenAsia ESG Excellent 2022 — Sustainability Residential Category
• 2022 Indonesia Sustainable Development Goals Award for the Gold Category (Sekolah Berhati)

Environmental Metrics

ESG Focus Areas

• Providing Excellent Products, Facilities and Services
• Attention to Customer and Occupational Health and Safety
• Compliance to All Related Regulatory Requirements
• Resilience to IT Cyber Security Risk
• Reduce the Company’s Environmental Impact to Surrounding Environment and Society
• Mitigate and adapt to climate change risk and impact
• Engagement Program to All Stakeholders
• Improving Community Welfare in Surrounding Development Area
• Initiating Program to Support Knowledge Enhancement
• Improving Educational Method and Facility

Environmental Achievements

• 100% of waste generated from four pilot projects was transported to Waste Management Site Reduce, Reuse and Recycle (TPS3R) facilities starting May 2023.
• Used an average of 28.66% green materials in its residential development projects.
• Achieved 3,354 tonnes CO2e reduction from purchased Renewable Energy Certificates (REC).
• Constructed a 3,212-meter-long road of plastic asphalt using 107,000 kg of plastic.

Social Achievements

• Launched new whistleblowing systems in collaboration with an external party in 2023.
• Implemented the Bina Usaha UMKM program, supporting 34 MSMEs and generating IDR 5.1 billion in revenue.
• Implemented the Kampung Mantul program, conducting 491 activities across 4 villages.
• Implemented the Pasar Rakyat Go Digital program, training 442 MSMEs on digital payments.

Governance Achievements

• Updated several elements of Good Corporate Governance policies, including the introduction of Anti-Money Laundering and Terrorism Financing Prevention Guidelines.
• Launched a mandatory anti-bribery and corruption e-learning module for all employees.
• Collaborated with an external provider to administer the Whistleblowing System (WBS).

Climate Goals & Targets

Environmental Challenges

• Early stage of climate change and GHG reduction strategies within the Indonesian property sector, resulting in limited opportunities for benchmarking.
• Evolving nature of ESG regulations (carbon taxation, green taxonomies, labor laws).
• Shifting stakeholder mindsets towards the importance of ESG practices.

Mitigation Strategies

• Actively seeking insights and consulting with experts to develop an effective roadmap.
• Proactive engagement with governmental bodies and industry associations.
• Consistent communication of the value and long-term advantages of ESG programs through socialization and education.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Use of recycled materials (concrete, steel, cement); utilization of certified green materials; assessment of supplier legality.

Climate-Related Risks & Opportunities

Physical Risks

• Heavy rainfall
• Rise in sea level
• Floods
• Landslides
• Land fires

Transition Risks

• Policy changes
• Technological advancements
• Market shifts
• Reputational risks

Opportunities

• Development of green buildings
• Implementation of smart city technologies
• Promotion of green mobility

Reporting Standards

Frameworks Used: GRI Standards 2021, POJK 51/2017, TCFD framework, UN SDGs, ASEAN Corporate Governance Scorecard Revised 2023

Certifications: BCA Green Mark, GreenShip

Third-party Assurance: Internal assurance by BSDE’s Internal Audit Unit

UN Sustainable Development Goals

• SDG 3
• SDG 5
• SDG 6
• SDG 7
• SDG 8
• SDG 9
• SDG 10
• SDG 11
• SDG 12
• SDG 13

The Company's initiatives are aligned with the SDGs through its four pillars and ten focus areas.

Sustainable Products & Innovation

• Green buildings
• Eco-friendly materials
• Plastic asphalt
• Eco-enzymes

Awards & Recognition

• Global Good Governance Award (3G Awards)
• Innovation in Environmental Solutions Award 2023
• Best Green Innovation and Solutions Award 2023
• TrenAsia ESG Excellence Award
• Indonesia Property Awards
• ASEAN Energy Awards