Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Inaugurated hydrothermal waste processing in Serpong
• Participated in Earth Hour
• Socialization of water conservation to Summarecon Mal Bekasi employees
• Conducted SURE! (Summarecon Recycling Day)

Social Achievements

• Flood Relief Charity
• Education support for needy students
• Healthcare education, free medical checkups and treatments
• Blood donation drive for the Indonesian Red Cross
• Aid during religious festivals
• Social work in a nursing home
• Inauguration of Integrated Child-friendly Public Space in Pulo Gebang

Governance Achievements

• Consistent and sustainable application of good corporate governance
• Compliance with Indonesian Company Law, Capital Market Law, OJK rules, and Indonesia Stock Exchange regulations
• Establishment of Yayasan Summarecon Peduli

Climate Goals & Targets

Environmental Challenges

• Slowdown in the property market due to social-political and economic uncertainties
• Weak Indonesian economy
• Uncertainties of the Tax Amnesty program
• Competition for strategic landbanks and escalating cost of acquisition
• Increasing number of shopping malls in Jakarta
• Political instability affecting macro-economic conditions

Mitigation Strategies

• Curtailing capex expenditure, optimizing existing landbank
• Generating income from new locations (Bandung, Karawang)
• Continuous sourcing for land in operating locations and acquiring land in other strategic locations
• Innovation in marketing strategies, maintaining building quality, and mall rejuvenation
• Meticulous cost calculation, upfront contract pricing, and capital raising activity
• Monitoring and adapting business plans and strategies to unforeseen circumstances
• Keeping abreast with the latest regulations

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

• Cipta Karya Award Kota Bekasi 2016
• Corporate Image Award 2016
• Indonesia’s Most Admired Companies 2016
• Indonesia Property Awards 2016
• World Silver Winner FIABCI World Prix d’Excellence Awards 2016

Environmental Metrics

ESG Focus Areas

• Corporate Social Responsibility
• Environmental Sustainability
• Occupational Safety and Health
• Social and Community Development
• Good Corporate Governance

Environmental Achievements

• Participated in Earth Hour and promoted recycling initiatives.
• Collected recyclable plastic bottles for the Tzu Chi Foundation.

Social Achievements

• Distributed essential food packages to communities in Bandung and Serpong to alleviate the impact of Covid-19.
• Distributed medical equipment and supplies to hospitals and community health centers.
• Donated a school bus and a healthcare mobile unit to the Bogor Regency Government.
• Implemented a Health Quarantine program for 1,700 workers on projects.

Governance Achievements

• Implemented best practices in corporate governance principles.
• Complied with Indonesian Company Law No.40 Year 2007, Capital Market Law No.8 Year 1995, and OJK regulations.
• Held regular meetings of the Board of Commissioners and Directors.
• Established a whistleblowing system.

Climate Goals & Targets

Environmental Challenges

• Covid-19 pandemic significantly impacted businesses and the economy.
• Reduced economic activity and lower revenues.
• Restrictions on mobility and business activities.
• Decline in sales volume across various business segments (shopping malls, hotels, etc.).
• Increased competition in the property market.

Mitigation Strategies

• Implemented cost-saving measures, including employee pay cuts.
• Offered rent discounts to shopping mall tenants.
• Focused on operating efficiency.
• Increased use of technology and digital solutions for marketing and customer engagement.
• Implemented strict health and safety protocols across all operations.

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

• Tribun Jabar 2021 ‘Editor’s Choice’
• BCI Asia Top 10 Developers Award 2020
• TripAdvisor Certificate of Excellence 2020
• TripAdvisor Traveller Choice 2020
• WOW Brand Festival 2020 Gold Champion
• Marketeers Festival 2020

Environmental Metrics

ESG Focus Areas

• Employee Welfare & Development
• Community Empowerment
• Customer Satisfaction
• Environmental Preservation & Energy Saving
• Education

Environmental Achievements

• Emission reduction of 872 tons of CO2e in 2021
• Development and conservation of 21,949 m² of lakes in 2021
• Tree plantation of 1,230 trees in 2021
• Wastewater treatment of 780 m³ in 2021
• Open green space of 55,830 m²

Social Achievements

• Provided business assistance to 809 UMKM
• Employee training hours of 23 hours per year
• Donated 38,931 food packages to communities affected by the pandemic
• Facilitated vaccination for more than 37,171 people
• Donated 11 ambulances

Governance Achievements

• Established a Sustainability Report Committee and Risk Management Unit to oversee sustainability programs
• Zero corruption cases reported

Climate Goals & Targets

Environmental Challenges

• Pandemic impact on retail and trade sectors
• Maintaining environmental balance during urban development

Mitigation Strategies

• Supporting small and medium-sized businesses through shopping malls and modern markets
• Implementing environmentally friendly innovations (LED lights, absorption chillers)
• Conserving and restoring damaged lakes and ecosystems

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI, POJK

UN Sustainable Development Goals

• SDG 8: Decent Work and Economic Growth

Supporting inclusive and sustainable economic growth, full and productive employment, and decent work for all

Awards & Recognition

• Two Gold Winner awards in FIABCI Indonesia - REI EXCELLENCE AWARDS 2021