PT Agung Podomoro Land Tbk
Climate Impact & Sustainability Data (2021, 2023)
Reporting Period: 2021
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Not disclosed
Environmental Achievements
- Not disclosed
Social Achievements
- Not disclosed
Governance Achievements
- Updated Company regulations as one of the guidelines of GCG implementation.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- The prolonged COVID-19 pandemic significantly affected the property industry.
- PPKM implementation also had an impact on slowing down construction activities, impeding material transportation, increasing raw material prices, and implementing strict health protocols in projects, thereby increasing project costs.
- Marketing activities also faced obstacles because promotional activities, interactions with prospective buyers, and project visits could not be carried out physically.
Mitigation Strategies
- Accelerated the development of existing projects and launched two new projects (Bukit Podomoro Jakarta and Kota Podomoro Tenjo).
- Optimized government PPN-DTP incentives.
- Adjusted marketing strategies by prioritizing online mechanisms through digital marketing.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Healthy home designs with better air circulation, more sunlight, and wider open spaces.
Awards & Recognition
- BCI Asia Top Ten Developers Award 2022
- Property & Bank 2022 awards (Developer of The Year, Best Middle Up Class Housing Project, The Best Premium Facilities Home Resort, Most Prospective Middle Up Class Housing Project, Best Superblock Project, Best Superblock)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:69,987 tCO2e/year
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:289,702 GJ/year
Water Consumption:1,131,946 m3/year
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Sustainability
Environmental Achievements
- Reduced energy consumption by 45.9% from the previous year.
- Reduced emissions to 69,987 tons of CO2-eq, a 45.8% decrease from the previous year.
- Reduced water consumption by 38.7%, from 1,847,365 m3 to 1,131,946 m3.
- Implemented the Green Waste program to manage waste and create economic value.
Social Achievements
- Provided 31,181 hours of training to employees (average 8 hours per employee).
- Promoted 56 employees.
- Conducted orphanage grants, blood donations, disaster relief assistance, and Diversity Awareness 2023 program.
Governance Achievements
- Commitment to good corporate governance (GCG) principles.
- Established an Investigative Audit Committee to implement the whistleblowing system.
- Regularly conducted socialization of GCG policies.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Weakening purchasing power, especially in the lower-middle income group.
- Rising raw material and funding costs due to inflation and interest rate hikes.
- Looming threat of global recession.
- Limited access to banking financing.
- Rising construction costs.
- Wait-and-see approach by investors due to the 2024 election.
Mitigation Strategies
- Implemented various strategies and initiatives to optimize demand in the landed housing sector.
- Bought back a portion of its 2017 Senior Bonds.
- Sold Neo Soho Jakarta Mall.
- Continued to optimize opportunities to maintain business growth.
- Established collaborations with strategic partners.
- Implemented cost-saving measures.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Indonesia Most Reputable Companies Award 2023 (Property Category)
- Tren Asia ESG Awards 2023 (The Best CEO in Property Sector)
- Tren Asia ESG Awards 2023 (Winner of ESG Award 2023)
- Property & Bank Awards 2023 (Various categories for different projects)
- BCI Asia Awards 2023 (Winner of Top 10 Developers Awards 2023)