sustainability vision
changing the climate. creating sustained value.
sustainability mission
harnessing our capitals with strong esg performance and create long-term value for our business, stakeholders and the environment.
sustainability journey
cdl’s value creation business model is founded on our ethos of “conserving as we construct” since 1995. for over two decades, we have built a strong track record as singapore’s trusted property pioneer and are recognised as one of the most sustainable companies in the world.
at cdl, we believe that change is the only way forward for the sustained growth of our business. we have remained steadfast in our strategic integration of environmental, social and governance (esg) goals and policies into our business. cdl firmly believes that the way to future-proof our business and create sustained value for our investors and stakeholders is to mitigate risks, enhance resource efficiency, and drive productivity and innovation.
with an integrated and forward-looking approach, cdl has continued to raise the bar on esg practices and harness our capitals to be more resilient and future-ready.
as a testament to cdl’s long-standing commitment to sustainable development, its corporate sustainability efforts have been affirmed by 14 leading global sustainability ratings and rankings - global 100 most sustainable corporations in the world by corporate knights: ranked 28th in 2023 and maintained world’s topmost sustainable real estate management and development company for the fifth consecutive year, and the only singapore company listed for 14 consecutive years; cdp: only singapore company recognised in 2022 cdp a list; only company in southeast asia and hong kong to maintain double ‘a’s for climate change (since 2018) and water security (since 2019); ft-nikkei-statista climate leaders asia pacific 2022: one of four singapore companies and the only singapore property company to be listed; msci esg research: maintained ‘aaa’ rating since 2010; bloomberg gender-equality index (gei): the only singapore real estate company listed since 2018; sustainalytics: 2023 global 50 toprated, industry top-rated and regional top-rated.
at cdl, we believe that change is the only way forward for the sustained growth of our business. we have remained steadfast in our strategic integration of environmental, social and governance (esg) goals and policies into our business. cdl firmly believes that the way to future-proof our business and create sustained value for our investors and stakeholders is to mitigate risks, enhance resource efficiency, and drive productivity and innovation.
with an integrated and forward-looking approach, cdl has continued to raise the bar on esg practices and harness our capitals to be more resilient and future-ready.
as a testament to cdl’s long-standing commitment to sustainable development, its corporate sustainability efforts have been affirmed by 14 leading global sustainability ratings and rankings - global 100 most sustainable corporations in the world by corporate knights: ranked 28th in 2023 and maintained world’s topmost sustainable real estate management and development company for the fifth consecutive year, and the only singapore company listed for 14 consecutive years; cdp: only singapore company recognised in 2022 cdp a list; only company in southeast asia and hong kong to maintain double ‘a’s for climate change (since 2018) and water security (since 2019); ft-nikkei-statista climate leaders asia pacific 2022: one of four singapore companies and the only singapore property company to be listed; msci esg research: maintained ‘aaa’ rating since 2010; bloomberg gender-equality index (gei): the only singapore real estate company listed since 2018; sustainalytics: 2023 global 50 toprated, industry top-rated and regional top-rated.
cdl future value 2030 sustainability blueprint
to augment our sustainability-focused strategy, cdl became the first singapore company to embrace the united nations sustainable development goals (sdgs) since its launch in september 2015. to-date, we have embraced 14 out of 17 sdgs in our future value 2030 sustainability blueprint goals and targets. as part of our commitment to transparent disclosure, key strategic goals and esg targets set under our blueprint are tracked and reported quarterly and annually since 2017.
recognising the high environmental impact of the built sector, carbon management has been our priority. in 2018. cdl became the first real estate company in singapore to set carbon emissions intensity reduction targets in line with a 2°c warmer scenario validated by the science based targets initiative (sbti), a collaboration between cdp, the united nations global compact, world resources institute and the world wide fund for nature. in 2021, we set more ambitious carbon emissions reduction targets in line with a 1.5°c warmer scenario and were assessed and successfully validated by sbti.
along with setting more ambitious science-based emission reductions targets, cdl takes pride to have been the first real estate developer in singapore and the first real estate conglomerate in southeast asia to sign the worldgbc’s net zero carbon buildings commitment in february 2021, pledging to achieve net zero operational carbon emissions for buildings under our direct control and management by 2030 and advocating for all buildings to be net zero operational carbon by 2050. in november 2021, cdl was one of 44 pioneering companies to extend our pledge towards a net-zero whole life carbon emissions approach. through this expanded commitment, new and existing wholly-owned assets under our direct management and operational control will operate at net zero carbon and achieve maximum reduction of embodied carbon in new developments, compensating for any remaining residual operational and upfront embodied emissions by 2030.
in the pursuit of a low-carbon future, cdl remains focused on driving green building innovations whilst creating value for our business and stakeholders. in 2022, at the 27th conference of the parties (cop27), cdl joined over 50 global companies in making a joint action declaration on climate policy engagement. through this, cdl reaffirms our approach towards supporting climate action aligned with the paris agreement while working with our industry partners, trade associations and policymakers.
cdl is also proud to be a leading developer with a pioneering commitment to green buildings in singapore, with 120 bca green mark certifications, making us the most awarded bca green mark platinum developer in the private sector. the green mark scheme was launched in 2005 by the building and construction authority, a statutory board under singapore’s ministry of national development, to promote sustainability in the built environment and raise environmental awareness among developers, designers and builders.
in the face of unprecedented climate, health and economic threats, our strong esg performance has positioned cdl to achieve sustained growth and attract fast-growing sustainable investments.
for more information on cdl’s sustainability efforts, please visit:
recognising the high environmental impact of the built sector, carbon management has been our priority. in 2018. cdl became the first real estate company in singapore to set carbon emissions intensity reduction targets in line with a 2°c warmer scenario validated by the science based targets initiative (sbti), a collaboration between cdp, the united nations global compact, world resources institute and the world wide fund for nature. in 2021, we set more ambitious carbon emissions reduction targets in line with a 1.5°c warmer scenario and were assessed and successfully validated by sbti.
along with setting more ambitious science-based emission reductions targets, cdl takes pride to have been the first real estate developer in singapore and the first real estate conglomerate in southeast asia to sign the worldgbc’s net zero carbon buildings commitment in february 2021, pledging to achieve net zero operational carbon emissions for buildings under our direct control and management by 2030 and advocating for all buildings to be net zero operational carbon by 2050. in november 2021, cdl was one of 44 pioneering companies to extend our pledge towards a net-zero whole life carbon emissions approach. through this expanded commitment, new and existing wholly-owned assets under our direct management and operational control will operate at net zero carbon and achieve maximum reduction of embodied carbon in new developments, compensating for any remaining residual operational and upfront embodied emissions by 2030.
in the pursuit of a low-carbon future, cdl remains focused on driving green building innovations whilst creating value for our business and stakeholders. in 2022, at the 27th conference of the parties (cop27), cdl joined over 50 global companies in making a joint action declaration on climate policy engagement. through this, cdl reaffirms our approach towards supporting climate action aligned with the paris agreement while working with our industry partners, trade associations and policymakers.
cdl is also proud to be a leading developer with a pioneering commitment to green buildings in singapore, with 120 bca green mark certifications, making us the most awarded bca green mark platinum developer in the private sector. the green mark scheme was launched in 2005 by the building and construction authority, a statutory board under singapore’s ministry of national development, to promote sustainability in the built environment and raise environmental awareness among developers, designers and builders.
in the face of unprecedented climate, health and economic threats, our strong esg performance has positioned cdl to achieve sustained growth and attract fast-growing sustainable investments.
for more information on cdl’s sustainability efforts, please visit: