Climate Change Data

Environmental Metrics

ESG Focus Areas

• Economic Sustainability
• Green Through and Through
• People Development and Social Contribution
• Good Governance Practice

Environmental Achievements

• More than 740 Million KWH of electricity consumed for Bakrieland’s entire operation activities. All Bakrieland’s business units and operation conduct emission reduction program, such as: fossil fuel reduction, providing a safe and comfortable pedestrian area, and commuting fasilities with public transportation, and trial run using alternative eco-friendly energy sources, namely solar panel.
• 2,539,235 Kg is the total amount of waste managed by Bakrieland at various waste management facilities.
• 30 ha area of Grand ELTY Krakatoa is designated for mangrove conservation area, which helps to conserve the natural habitat of the surrounding area and drive growth of the local eco-tourism potential.
• 60% of total area of JungleLand Theme Park is conserved for Green Open Space and the theme park is designed to minimize alteration to the natural landscape of the area
• Aston Bogor Hotel is awarded as one of the TOP 20 MOST GREEN HOTEL in Indonesia by The Ministry of Tourism of the Republic of Indonesia.
• Bogor Nirwana Residence is well-known as one of Indonesia’s greenest residence area, with more than 20% of green open space and deer breeding facilities which is open for public
• or more than 147 million liter of Bakrieland’s total water consumption is sourced from water recycling and conservation facilities.
• By the end of 2015, Bakrieland grows 75 Trembesi or equals to carbon emission absorption potential of 2,100,000 Kg CO2 per year.
• 497 supplier representing 49% of all Bakrieland’s suppliers are adopting national or international environmental standards

Social Achievements

• 1,714 families from low-income community group call Sentra Timur Residence as their homes
• Rp159 Billion procurement value for goods and service bought from local suppliers in 2015, covering Jakarta, Bogor, Lampung, East Kalimantan and Yogyakarta.
• Rp272,5 billion is the total of compensation, benefit, and tax income for 3.310 employees in year 2015 which has the potential to be distributed to local communities
• New business incubator launched and in full operation this year, covering Food & Beverage and Property Management
• zero incident regarding labor practice at all Bakrieland’s business units and operation
• 1638,440 books donated up to 2015 through the One Million Books Program to various schools in Bakrieland’s operation areas.
• Rp431,59 Million was the total spending for 2015 community development programs and activities.
• 0 recordable incident and 5 non-recordible incident in year 2015.

Governance Achievements

• new policies published in regard to strengthen Good Corporate Governance implementation in the Company, with 62 Standard Operating Procedure reviewed and in lined with stakeholders needs
• 100% compliance to all relevant law and regulation at all business units and operation
• All employees from 4 Business Units Joined Bakrieland’s Sustainability Pillars Refresh Training Sessions.

Climate Goals & Targets

Environmental Challenges

• Several government policies have adversely affected the growth of commercial and residential properties in Indonesia.
• In 2015, Indonesia experienced a slowdown in economic growth that reached 4.79%, compared to 2014 where the economy grew at 5.02%.
• Lowering the BI rate from 7.75% to 7.50% in February 2015 has not brought about a sufficient positive impact on the sales of Bakrieland products.
• The tax regulation on luxury goods also affected property sales as most investors preferred to take the wait and see approach on most significant purchases.

Mitigation Strategies

• continuing with several strategies that have been applied since 2014, particularly in regard to the consolidation of the Company assets and focused its efforts on the development quick-yielding as well as high-return projects.
• For its residential business, Bakrieland concentrated on developing projects outside of the Jabodetabek area, primarily in Yogyakarta and Sidoarjo.
• Bakrieland’s subsidiary, PT Graha Andrasentra Propertindo Tbk (GAP), will continue to focus on developing the ‘Jungle Series’ theme park and commercial properties, as part of the supporting facility.
• gaining operational efficiencies which have brought operating costs down to 5,9%
• divestment of all shares in PT Samudera Asia Nasional and PT Nirwana Legian Hotel through its subsidiary, PT Bakrie Nirwana Semesta, acquisition of 85% of PT Jasa Boga Raya shares from PT Danatama Perkasa.

Supply Chain Management

Responsible Procurement

• Involving And Supporting Local Suppliers

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI G4 – CORE Option, Construction and Real Estate Sector Supplement (CRESS)

Certifications: OHSAS 18001:2007, ISO 9001:2008

Third-party Assurance: KAP Kosasih, Nurdiyaman, Mulyadi, Tjahjo & Rekan

Awards & Recognition

• Top Brand Award 2015 (The Jungle Waterpark)
• Green Hotel Award 2015 (Aston Bogor Hotel & Resort)
• Kalpataru Award 2015 (Krakatoa Nirwana Resort)
• Certificate of Excellence 2015 (Aston Bogor Hotel & Resort)
• #1 East Borneo Traditional Cook Festival 2015 (Grand Elty Tenggarong)

Environmental Metrics

ESG Focus Areas

• Financially Sustainable
• Green Through and Through
• It’s about the People
• Adopting Best Practices & Compliances

Environmental Achievements

• 97.17 million kg of CO2 was Company’s estimated contribution to potential carbon emission reduction.
• 13,289 mangrove trees were planted.
• 572 suppliers or 84% of total suppliers have implemented both national and international environmental standards.
• Total waste reduced to 253.858 kg from 588.088 kg in 2020 and 728.741 kg in 2019.
• Electricity consumption reduced to 36.47 million kWh from 40.54 million kWh in 2020 and 55.49 million kWh in 2019.

Social Achievements

• Zero incident levels in terms of employment practices throughout Bakrieland and its Business Units.
• Rp407 million allocated for community development programs and activities.
• The Company organizes training for employees with syllabus and internal trainers without cost.

Governance Achievements

• Full compliance with all prevailing rules and regulations.
• Strengthened the role of the Audit Committee’s supervision function.
• Strengthened internal online coordination during the implementation of work from home.

Climate Goals & Targets

Environmental Challenges

• Uncertainty still shrouds the property industry, mainly due to the COVID-19 pandemic, which often limits the Company’s operational activities.
• The majority of the recurring business segment’s performance remained hampered and has not recovered to its previous conditions due to PPKM policies.

Mitigation Strategies

• Focusing on assets development in Bogor and Sidoarjo.
• Conducting operational efficiency and strengthening its financial structure through restructuring efforts.
• Implementing strict health protocols.
• Implementing various policies to provide convenience and comfort for employees to work effectively.

Supply Chain Management

Supplier Audits: 84% coverage

Responsible Procurement

• Company selects vendors that uphold environmentally-friendly aspects.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: ISO 9001:2015, ISO 45001:2018, OHSAS 18001:2007

Third-party Assurance: KAP Y. Santosa dan Rekan

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Travellers’ Choice 2021-TripAdvisor (Swiss-Belresidences Rasuna Epicentrum, Horison Suites & Residences Rasuna)
• Traveller Review Awards 2021-Booking.com (The Alana Hotel & Conference Center Malioboro Yogyakarta)
• Customer Review Awards 2021-Agoda (The Alana Hotel & Conference Center Malioboro Yogyakarta, The Grove Suites by Grand Aston)
• Loved By Guests Award Winner 2021-Hotels.com (The Alana Hotel & Conference Center Malioboro Yogyakarta, The Grove Suites by Grand Aston)
• Travellers’ Choice 2021-TripAdvisor (The Grove Suites by Grand Aston)
• 2021 Gold Circle Award-Agoda (The Grove Suites by Grand Aston)
• Traveller Review Award 2021 (8,5/10)-Booking.com (The Grove Suites by Grand Aston)
• Traveller Review Awards 2021 (8,1/10) – Booking.com (Aston Bogor Hotel & Resort)
• 2021 Customer Review Awards (8,8/10) – Agoda (Aston Bogor Hotel & Resort)
• 2021 Travellers Choice – Tripadvisor (Aston Bogor Hotel & Resort)