Sustainability has become mainstream in both global political and business arenas. CDL’s sustainability leadership has complemented our growth strategy over the past two decades and continues to support our efforts to future-proof our business and conquer new frontiers for sustained growth.
In line with the corporate vision of “Building Value for Tomorrow, Today”, CDL is launching the CDL Future Value 2030. The blueprint articulates how CDL’s long established sustainability strategy and best practices will continue to add value to our business, investors, stakeholders, community and planet.
Most importantly, it sets out clear directions and Environmental, Social and Governance (ESG) goals and targets to guide us towards 2030 – an important year under the 2030 Agenda for Sustainable Development and Paris Agreement on climate change. The ultimate aim is to maintain CDL’s position as the most sustainable real estate management and development company in the world*.
One important ESG target set out in the CDL Future Value 2030 blueprint is our voluntary commitment to raise our carbon emission reduction targets from 25% to 38% by 2030 from 2007 levels, by adopting the Sectoral Decarbonisation Approach starting from 2017. As a responsible business, CDL’s initiative towards low-carbon operations aims to support Singapore’s national commitment to the Paris Agreement, Climate Action Plan and the Sustainable Singapore Blueprint. It is also aligned with the United Nations Sustainable Development Goals (SDGs) that came into force from January 2016.
CDL's Value Creation Model
In 2015, CDL marked our 20 years of sustainability journey by enhancing our strategy to “Create Future Value”. Founded on the ethos of “Conserving as we Construct” since 1995, CDL has been committed to future-proofing our business through a three-pronged strategy as a developer, an asset owner and a corporate citizen. Through comprehensive policies and practices, CDL’s unique ESG integration model has created long lasting value for our brand, business operations, stakeholders, customers, investors and the community.
|*||Based on Global 100 Most Sustainable Corporations in the World ranking|