Climate Change Data

Environmental Metrics

ESG Focus Areas

• Human Capital
• Corporate Social Responsibility (CSR)
• Good Corporate Governance (GCG)

Social Achievements

• Donated 1 ambulance unit to KILLCOVID-19 through Yayasan Pendidikan VIVERE's CSR program.
• Held a Covid-19 vaccination center in collaboration with the Tangerang Regency Government.

Governance Achievements

• Consistently implemented the five basic principles of GCG: transparency, accountability, responsibility, independence, and fairness.
• Established an effective organizational structure.
• Implemented an integrated information system with SAP.

Climate Goals & Targets

Environmental Challenges

• Covid-19 pandemic causing operational disruptions and project delays.
• Increased competition impacting selling prices and margins.

Mitigation Strategies

• Maximized online sales.
• Implemented continuous improvement to strengthen core business processes.
• Accelerated digital transformation.
• Strengthened brands and developed new products and markets.

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

• Best Project Delivery Award (PT Gema Grahasarana Tbk)
• Gold Medal Delivery Quality Award (PT VIVERE Multi Kreasi)

Environmental Metrics

ESG Focus Areas

• Good Corporate Governance
• Social and Environmental Responsibility
• Human Capital Development
• Digital Transformation

Environmental Achievements

• Received ISO 14001:2015 Environmental Management System Certificate in September 2022.

Social Achievements

• Continuous improvement of employee behavior through the application of the Company's cultural values (VIVERE Core Values).
• Improving employee welfare and equal opportunity.
• Continuous strengthening of open communication with all employees and labor unions.

Governance Achievements

• Received ISO 37001:2016 Anti-Bribery Management System in November 2022.
• Implementation of Good Corporate Governance (GCG) principles.

Climate Goals & Targets

Environmental Challenges

• Slowdown in global economic growth.
• Geopolitical conflicts causing high commodity prices and inflation.
• Supply chain disruptions.
• Increased competition in the market.
• COVID-19 pandemic impacting operational activities and client project delays.

Mitigation Strategies

• Development of both local and export products.
• Renegotiation with key suppliers and partners.
• Implementation of efficiency measures.
• Continuous improvement of business processes.
• Accelerated digital transformation.
• Focus on core competencies.
• Cost control measures.

Supply Chain Management

Responsible Procurement

• Renegotiation with key suppliers

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Implemented environmentally friendly material usage policy

Social Achievements

• VIVERE Peduli Solidaritas Bantuan Pendidikan program donating tables, chairs, cupboards, and whiteboards to SDN Lebaksari Cianjur
• VIVERE for Education Scholarship Program
• VLC (Vivere Learning Center) providing education and training in interior and furniture
• SME Development Program

Governance Achievements

• Received ISO 37001:2016 Anti-Bribery Management System certification
• Received ISO 14001:2015 Environmental Management System Certificate
• Received ISO 45001:2018 Occupational Health and Safety Management System Certificate

Climate Goals & Targets

Environmental Challenges

• Increased transportation costs due to rising energy prices
• Stringent competition leading to potential margin decrease
• Volatile global political and economic situations

Mitigation Strategies

• Implemented seamless operations for efficiency and streamlined processes
• Strengthened core competencies and continuous improvement programs
• Cost control measures
• Digital transformation to optimize operational activities
• Strengthened trademarks and developed new products and markets

Supply Chain Management

Climate-Related Risks & Opportunities