Climate Change Data

Environmental Metrics

ESG Focus Areas

• Economic Performance
• Environmental Performance
• Social Performance
• Governance

Environmental Achievements

• Implementation of green construction concept in several projects
• Wastewater quality parameters below permitted thresholds in several apartments
• 60% green open space in Ayoma and Grand Dharmahusada Lagoon projects
• Organic waste processed into fertilizer

Social Achievements

• Rp4.804.673.581 spent on CSR programs (419.93% of budget)
• 90% customer satisfaction
• Nil work accidents

Governance Achievements

• GCG assessment score increased to 93.20 (Very Good)
• Implementation of ASEAN CG Scorecard
• Publication of Code of Ethics and Conduct

Climate Goals & Targets

Environmental Challenges

• Weakening national economic growth impacting property sector
• Slowdown in national economic growth affecting performance targets
• National Election causing prospective buyers to wait and see

Mitigation Strategies

• Formulation and implementation of strategic policies
• Development of idle lands
• Engagement of strategic partners

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Prioritizing local suppliers
• Strict selection criteria for suppliers
• Work Instructions for procurement of goods and services

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRI Standards: Core Option, POJK No. 51/POJK.03/2017

Certifications: Green Building Design Certification, Green Building Design Gold Level, Waste Water Management Installation, Healthy Hotel Business, ISO 9001:2015

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Economic Performance
• Environmental Sustainability
• Social Responsibility
• Governance

Environmental Achievements

• Implemented green construction concepts
• Reduced greenhouse gas emissions (Scope 2: 30,165,434 KgCO2eq)
• Improved waste management
• Efficient use of electricity, fuel oil, and water
• Achieved Greenship Gold rating for Venetian Tower (Grand Sungkono Lagoon)

Social Achievements

• Maintained good industrial relations with no recorded disputes
• No recorded incidents of discrimination, child labor, or forced labor
• Conducted 13 training programs totaling 179 hours for 682 employees
• No fatalities in occupational health and safety
• Implemented 180 CSR programs with a total budget of Rp6,791,641,258

Governance Achievements

• Achieved a GCG assessment score of 93.06% ('Very Good')
• Implemented ISO 37001:2016 Anti-Bribery Management System
• Established a Whistle Blowing System (WBS)

Climate Goals & Targets

Environmental Challenges

• Significant impact of the COVID-19 pandemic on the property sector
• Economic slowdown and recession in Indonesia
• Reduced purchasing power among consumers

Mitigation Strategies

• Revised performance targets in the 2020 Corporate Work Plan and Budget
• Adjusted management and resource systems
• Implemented strategic policies to maintain business operations during the pandemic
• Implemented employee efficiency measures

Supply Chain Management

Responsible Procurement

• Prioritizing local suppliers (99.40% in 2020)

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards: Core Option, POJK No. 51/POJK.03/2017

Certifications: ISO 9001:2015, Greenship Gold

UN Sustainable Development Goals

• Goal 1: No Poverty
• Goal 2: Zero Hunger
• Goal 3: Good Health and Well-being
• Goal 5: Gender Equality
• Goal 6: Clean Water and Sanitation
• Goal 9: Industry, Innovation and Infrastructure
• Goal 13: Climate Action
• Goal 15: Life on Land

CSR programs contribute to these goals

Awards & Recognition

• Asia Sustainability Reporting Rating (ASSRAT) 2020: Silver rating
• Indonesia Digital Innovation Award 2020
• Indonesia Properti Expo 2020: 2nd Place for Best Developer

Environmental Metrics

ESG Focus Areas

• Economic
• Environmental
• Social
• Governance

Environmental Achievements

• Reduced scope 1 emissions to 176.03 tons of Co2eq, a decrease compared to 2022 which amounted to 363.58 tons of Co2eq.
• Reduced fuel usage to 2,633 gigajoules, a decrease compared to 2022, which was 5,437 gigajoules.

Social Achievements

• No work accidents throughout 2023.
• Employee turnover rate decreased to 1.6% compared to 1.84% in 2022.
• Provided training and education for 1,642 employees.

Governance Achievements

• Achieved a customer satisfaction index of 92.24%, exceeding the target of 85%.
• Achieved debt reduction target of 105.49%.

Climate Goals & Targets

Environmental Challenges

• Economic losses in 2023.
• Mastering competencies in the field of sustainability.
• Noise and dust from project areas.
• Misuse of access roads.
• Leaks in buildings.

Mitigation Strategies

• Optimizing stock reduction, cash in, and account receivables; strengthening marketing.
• Ongoing training for Board of Commissioners, Directors, and officials.
• Noise level measurement, guardrails, safety nets, cleaning, and waste collection.
• Road closures and traffic diversion.
• Gradual repairs at points complained about by customers.

Supply Chain Management

Responsible Procurement

• Use of E-PROC system for transparency and accountability.
• Supplier assessment criteria including AMDAL document and use of environmentally friendly materials.
• Empowerment of local suppliers.

Climate-Related Risks & Opportunities

Physical Risks

• Increased temperatures
• Tides
• Floods
• Decreasing asset quality

Reporting Standards

Frameworks Used: GRI Standards 2021, GRI G4 Sector Disclosures Construction and Real Estate, OJK Regulation No. 51/POJK.03/2017, SEOJK No. 16/POJK.04/2021

Certifications: ISO 45001:2018, ISO 9001:2015, ISO 14001:2015, ISO 37001:2016, ISO 31000:2018

UN Sustainable Development Goals

• Good health and well-being
• Quality education
• Gender equality
• Clean water and sanitation
• Decent work and economic growth
• Sustainable cities and communities
• Responsible consumption and production
• Climate action
• Life below water
• Life on land
• Peace, justice and strong institutions

Company activities align with various SDGs through CSR programs and sustainable practices.

Sustainable Products & Innovation

• Grand Kamala Lagoon: Apartment Management Application (Moaja), upgraded access cards.
• Grand Sungkono Lagoon: Furnished units, drinking water stations, V-Mart.
• Grand Dharmahusada Lagoon: Apartment Management Application (Gravel & Moaja), one-stop living facilities, education center, sport communities.
• Other projects: Various initiatives to improve facilities, services, and marketing.

Awards & Recognition

• Penganugerahan Transparansi Emisi Korporasi 2023 (Gold category)