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Ciputra Development

Ciputra Development, founded in 1981, is a significant player in the Indonesian real estate market, with its headquarters located in Jakarta. The company is engaged in the development and operation of commercial and residential properties across 14 cities in Indonesia, while also extending its presence in Vietnam and China. In 2022, the company developed 55 million square metres of residential land, and sold over 14,000 housing units.

Summary

Ciputra Development discloses information on some topics related to urban sustainability but lacks disclosure on many important topics. The company has assigned clear accountability for sustainability to the board of directors, and it discloses its most material sustainability topics. However, it does not disclose time-bound targets to mitigate these material impacts or make sustainability performance consequential through board-level remuneration. Additionally, it does not disclose information regarding its stakeholder engagement activities.

The company discloses its efforts to increase and maintain green and public spaces in its projects. It also discloses the proportion of spending on local suppliers and the proportion of its employees that receive upskilling training. However, the company lacks reporting on more environmental issues, such as air pollution, energy efficiency, greenhouse gas emissions, and water quality. Ciputra should address all these gaps to strengthen its sustainability efforts. It also has an opportunity to improve transparency regarding its process for identifying human rights risks and impacts across its value chain and by publishing its health and safety policy.

Ranking position: #130 /300
Total score: 12.7 /100

Measurement area	Score	Rank (0-300)
Governance & Strategy	#1 8.3 /100	#128
Inclusive Cities	#1 25.0 /100	#85
Healthy Cities	#1 15.8 /100	#38
Climate Proof & Resilient Cities	#1 3.3 /100	#148
Core Social Indicators	#1 11.1 /100	#141

Industries
Real estate	#45

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More about the company

Headquarters: Indonesia
Ownership structure: Private
Revenue: USD 615 billion (2022)
Number of employees: 4413 (2022)
Website: https://ciputradevelopment.com

This company is part of the SDG2000, the 2000 most influential companies

See company profile SDG2000