LPKR’s Commitment to Delivering Transformative Impact for Its Customers

Jakarta, 7 April 2025 - PT Lippo Karawaci Tbk. (LPKR), Indonesia’s leading real estate and healthcare platform, is committed to pursuing sustainable growth while delivering a transformative impact to customers across Indonesia, including for future generations.

The company acknowledges that achieving these goals cannot be done in isolation. To that end, LPKR fosters partnerships with various business partners and stakeholders across its value chain to implement best practices in Environmental, Social, and Governance (ESG) and to leverage each party’s unique strengths.

LPKR has established a Sustainability Framework that outlines its approach to creating long-term value for stakeholders, centered around four core pillars: Enhancing Quality of Life, Caring for the Environment, Investing in Human Capital, and Upholding Best Practices.

Enhancing Quality of Life

Through this pillar, LPKR is committed to fostering sustainable economic growth in Indonesia, providing high standards of living and socio-economic opportunities for local communities. The company also continuously innovates to improve customer offerings and experiences.

Caring for the Environment

LPKR’s second pillar focuses on improving resource efficiency, reducing environmental impact, and developing more sustainable products and processes. The company also places strong emphasis on climate risk mitigation and seizing opportunities related to environmental sustainability. 

Investing in Human Capital

This pillar reflects LPKR’s commitment to creating a fair and inclusive work environment, prioritizing employee health, safety, and well-being, while also focusing on talent development and empowerment to unlock each individual’s full potential.

Upholding Best Practices

The final pillar centers on LPKR’s pledge to uphold the highest standards of corporate governance, promote sustainability practices across the value chain, and strengthen accountability and transparency in the company’s ESG performance.

John Riady, Group CEO of Lippo Indonesia, stated, “Supported by a strong sustainability governance structure, this framework will guide the Company in integrating sustainability into our strategy, policies, and daily business operations.”

About PT Lippo Karawaci Tbk 

Listed on the Indonesia Stock Exchange, PT Lippo Karawaci Tbk (LPKR) is Indonesia’s leading property and healthcare platform, with a presence in 26 provinces and 56 cities, and total assets of IDR 50 trillion as of December 31, 2023. The Company’s core businesses include urban development, township management, healthcare services, lifestyle retail malls, and hospitality.

As a leading township developer and operator with 1,421 hectares of ready-to-develop land, LPKR develops and manages urban developments primarily across Java and Sulawesi, including its flagship township Lippo Village in Tangerang. Through its two publicly listed subsidiaries, PT Lippo Cikarang Tbk and PT Gowa Makassar Tourism Development Tbk, of which LPKR owns 83.99% and 62.69% respectively, the company also oversees developments in Lippo Cikarang (Bekasi) and Tanjung Bunga (Makassar).

LPKR also owns 29.09% of PT Siloam International Hospitals Tbk, Indonesia’s leading private hospital network, which operates 41 hospitals and 72 clinics in 23 provinces. In addition to healthcare, LPKR manages 59 malls across the country and holds a 47.29% stake in Lippo Malls Indonesia Retail Trust (LMIR Trust)—a Singapore-listed REIT with SGD 1.5 billion in assets under management as of December 31, 2023. The company also operates 10 hotels under the Aryaduta brand, as well as country clubs and golf courses.