ESG Goals, Targets & Progress

Legend Progress Tracking

Meet interim targets, maintain performance towards meeting 2030 targets
Fall short of interim target for one year; review current practices
Fall short of interim target for more than two consective yeards; review and revise targets (if necessary)

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Future Value 2030 Goals 2030 Targets (Effective from 2017 Interim Annual Targets for 2017 FY2017 Performance
Goal 1: Building Sustainable Cities and Communities
Achieve Green Mark certification for 80% of CDL owned and/or managed buildings ≥75%
75% achieved
Maintain 100% tenant participation in CDL Green Lease Partnership Programme Achieve 100%
100% achieved
Double our commitment to adopt innovations and technology of green buildings Average of two innovations or new technology adoptions per year
Two innovations achieved
1) Built the zero-energy Singapore Sustainability Academy (SSA)
2) Issued the first Green Bond by a listed Singapore Company
Double resources devoted to advocacy of sustainability practices, stakeholder engagement and capacity building Establish baseline: ≥100 training programmes and events held in SSA per year
71 training programmes and events
Goal 2: Reducing Environmental Impact
Achieve science-based target of reducing carbon emissions intensity by 38% from 2007 levels 19% reduction
32.8% reduction
Review in progress to raise target and align CDL’s carbon strategy using science-based approach
Reduce energy usage intensity by 25% from 2007 levels 17% reduction
27.3% reduction
Review in progress to raise target and align CDL’s energy strategy using science-based approach
Reduce water usage intensity by 25% from 2007 levels 17% reduction
7.3% reduction
The lower than expected % reduction was due to a higher number of developments that attained or are about to attain Temporary Occupation Permit (TOP) in 2017 and early 2018, which require higher water consumption for unit hand over
Reduce total waste intensity by 50% from 2016 levels 10% reduction
8.0% reduction
Review in progress to step up waste minimisation and recycling practices
Ensure that 100% of appointed suppliers are certified by recognised EHS standards Achieved 100% for suppliers appointed by Projects Division
100% of builders for Projects Division have obtained ISO14001 and/or OHSAS18001 certifications. Other suppliers are being engaged to meet this target.
Ensure that 50% of our construction materials are derived from recycled content, low-carbon sources or certified by recognised environmental organisations ≥35% (for new projects awarded from 2016 onwards)
At least 42% sustainable building materials, are designed for Forest Woods condominium, which started construction in 2017
Goal 3: Ensuring Fair, Safe and Inclusive Workplace
Maintain Zero corruption and fraud incident across CDL’s core operations Zero
Zero corruption and fraud incident
Maintain Zero fatality across CDL’s operations and direct suppliers in Singapore Zero
Zero fatality
Maintain Zero occupational disease across CDL’s operations and direct suppliers in Singapore Zero
Zero occupational disease
Maintain Zero Accident Frequency Rate (AFR)1 for our employees within CDL premises ≤1.7
2.4 AFR
Two reportable incident2 took place within CDL premises and one outside
Maintain AFR of 1 or less for direct suppliers at CDL construction sites ≤1.7
*Based on 2016 Construction Industry AFR3
0.1 AFR
One reportable incident
Maintain AFR of 1 or less for direct suppliers at CDL managed properties ≤1.7
*Based on 2016 Real Estate Services Industry AFR3
1.1 AFR
Two reportable incidents