Climate Change Data

PT Puri Global Sukses Tbk

Climate Impact & Sustainability Data (2021)

Reporting Period: 2021

Environmental Metrics

ESG Focus Areas

  • Sustainability
  • Community Investment
  • Good Corporate Governance

Environmental Achievements

  • Received the PropertyGuru 2021 Indonesia Property Awards 7th, "Best Affordable Condo Development (Greater Indonesia)" for The Monde City project.

Social Achievements

  • CSR programs focused on mitigating the impact of the Covid-19 pandemic, including donations for vaccination efforts and distribution of masks and hand sanitizers.
  • Employee wellbeing initiatives including routine disinfection of office environment, mask and hand sanitizer distribution, and work from home policy for Covid-19 reactive employees.

Governance Achievements

  • Consistent application of Good Corporate Governance (GCG) principles.
  • Establishment of an Audit Committee and a Nomination and Remuneration Committee.

Climate Goals & Targets

Long-term Goals:
  • Development of recurring income projects (e.g., Condotel, hospitality).
Medium-term Goals:
  • Development of Condotel and hospitality services in Batam.

Environmental Challenges

  • Covid-19 pandemic impact on the property sector, leading to a decrease in revenue.
  • Slow recovery of public consumption.
  • PSAK No. 72 constraints on revenue recognition due to delayed building handovers.
  • Increased competition in the property sector.
Mitigation Strategies
  • Increased efficiency across all lines of operation.
  • Selective and cautious project continuation.
  • Intensive exploration of customer wants and needs to design effective marketing strategies.
  • Mitigation of business risks and maintenance of financial conditions.
  • Focus on lower-middle segment housing projects with adjusted size and design for affordability.
  • Implementation of online marketing strategies and attractive promotions.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: KNKG guidelines, OJK Roadmap Tata Kelola Perusahaan Indonesia, PSAK No. 72, POJK No. 32/2014, POJK No. 8/POJK.04/2015, POJK No. 29/POJK.04/2016, SE-OJK No. 30/SEOJK.04/2016, Indonesian Financial Accounting Standards

Awards & Recognition

  • PropertyGuru 2021 Indonesia Property Awards 7th, "Best Affordable Condo Development (Greater Indonesia)"