PT Plaza Indonesia Realty Tbk
Climate Impact & Sustainability Data (2022)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:9,622 tons CO2 (avoided)
Total Energy Consumption:10,301,700 kWh
ESG Focus Areas
- Economic
- Social
- Environmental
Environmental Achievements
- Implemented Reduce, Reuse, and Recycle Program
- Adopted Reclaimed Sewage Water Treatment (STP) technology
- Applied green building concepts (double glaze technology in The Plaza Office Tower, electricity production from gas generators reducing CO2 emissions, photovoltaic panels on Grand Hyatt Jakarta roof)
Social Achievements
- Increased local suppliers from 306 in 2021 to 414 in 2022
- Customer satisfaction rating of 80.00% (increased from 66.39% in 2021)
- Tenant satisfaction rating of 4.29 (increased from 4.27 in 2021)
- Employee satisfaction initiatives (health talks, training, events)
- CSR fund distribution through Grand Hyatt Jakarta (Rp393.2 million)
Governance Achievements
- Good Corporate Governance (GCG) implementation aligned with transparency, accountability, responsibility, independence, and fairness principles
- Regular meetings of the Board of Commissioners and Board of Directors
- Independent audit of financial statements
- Implementation of a Whistleblowing System (WBS)
Climate Goals & Targets
Short-term Goals:
- Completion of Grand Hyatt Jakarta renovations (2023)
- Replacement of Sprinkler and Hydrant Pipes at Plaza Indonesia (end of 2023)
Environmental Challenges
- Prolonged impacts of the COVID-19 pandemic
- Global inflation
- Supply chain disruptions
- Geopolitical tensions
- Shift in lifestyle and work patterns affecting office space demand
- Oversupply in the office tower market
Mitigation Strategies
- Portfolio asset and service optimization
- Adaptation to changes in lifestyle and consumption patterns
- Online service innovation
- Health protocol implementation
- Tenant support during PPKM
- Digitalization and automation of operations
- Renovations and facility upgrades
- Pursuit of green building certification
Supply Chain Management
Climate-Related Risks & Opportunities
Awards & Recognition
- 2nd place at Travel+Leisure 2022 Asia’s Best Awards
- 5th place (Silver) at DestinAsian 2022 Readers’ Choice Awards