LIPPO CONSISTENTLY IMPLEMENTS ESG PRINCIPLES IN TOWNSHIP DEVELOPMENT

Jakarta, March 24, 2022 — PT Lippo Karawaci Tbk (LPKR) remains consistent in applying Environmental, Social, and Governance (ESG) principles across all lines of its business, particularly in urban development by adopting the sustainable township concept to support long-term livability for its residents. One of the company’s tangible ESG implementations can be seen in its water management systems across developments such as Lippo Karawaci in Tangerang.

Since its inception in 1991, Lippo Karawaci has prioritized addressing critical issues such as flood prevention, clean water supply, and environmental protection, especially regarding wastewater management as a potential pollutant to water sources. LPKR has integrated these concerns into its township master plan by constructing artificial lakes, underground pipe networks, wastewater treatment facilities, and establishing a Water Treatment Plant (WTP).

John Riady, CEO of LPKR, stated, “We have embedded ESG principles from the early stages of township planning. Our main goal is to provide better water quality for residents. Water pollution is a major concern for us, which is why we built a centralized wastewater treatment system that reuses grey water and separates stormwater drainage from the sewage system.”

“In Lippo Karawaci, we’ve built eight artificial lakes that function as water reservoirs to collect rainwater during periods of high rainfall, such as the current rainy season. We have also installed an underground piping system and apply aerobile treatment technology that uses bacteria and oxygen to break down pollutants, allowing the water to be reused—for example, for irrigating plants,” John explained.

He further emphasized that effective water management contributes to a better environment for both the planet and people, two of the four core ESG pillars, while also driving profitable business outcomes. LPKR currently holds property assets in 40 cities across Indonesia with a landbank of 1,362 hectares, ready for development and projected to contribute toward its pre-sales performance target of IDR 5.2 trillion in 2022.