Buildings play a major part in the global movement towards low carbon, given their tremendous impact on the environment. The World Green Building Council has set net zero targets for new buildings by 2030, and for all buildings by 2050. Sharing the same vision, Singapore’s Green Building Masterplan by the Building and Construction Authority (BCA) targets to green 80% of all buildings in Singapore by 2030.
CDL started our green building journey since the early 2000s. Over the years, CDL’s expertise and credentials in green buildings have enabled us to stay ahead in a highly competitive market. It has also become a distinctive competitive edge that enhances our product desirability amongst the growing pool of environmentally-conscious customers.
Our green building practices and commitments include:
- Since 2011, CDL has set a minimum target for all new developments to be Green Mark GoldPLUS certified, two tiers above the mandatory Green Mark certification level.
- CDL has also long been committed to investing 2% – 5% of the construction cost of new developments into green design and features.
- To optimise resource- and cost-saving, sustainability considerations are factored into the entire life-cycle of our developments, starting from concept design to construction and building management.
- We are committed to achieving Green Mark certification for 80% of CDL owned and/or managed buildings.
- CDL was among the first 14 developers and building owners to pledge commitment to achieve at least one Super Low Energy1 project in the next five years.
- CDL is one of the first six companies to participate in the BCA-HPB Green Mark for Healthier Workplaces2 when the scheme was launched in October 2018. We also encourage participation in this scheme among our tenants
A full list of CDL’s Green Mark awarded developments and office interiors can be found here.
Energy Efficiency and Cost Saving
CDL’s green buildings have achieved significant energy and cost savings for us and our stakeholders. Some of the examples include:
- More than $24 million in savings was achieved as a result of the energy-efficient retrofitting works and related initiatives implemented at our eight commercial buildings from 2012 to 2018.
- Since 2004, CDL has retrofitted all our existing commercial and industrial buildings by upgrading chiller plants, introducing motion sensors, installing energy-efficient lighting, and recladding facades. On average, these efforts have yielded an estimated annual energy savings of around 17.6 million kWh, equivalent to more than $4.01 million of cost-savings in 2018.
- In property development, we continuously seek to incorporate advanced, smart and resource-efficient solutions. In the case of The Tapestry, CDL’s BCA Green Mark Platinum project, PPVC technology was used in the construction stages. In addition, motion sensors, jet fans with carbon monoxide (CO) sensors, Variable Voltage, Variable Frequency (VVVF) and Sleep Mode Gearless Lifts, and 5-ticks air conditioning units were used for 100% of its dwelling units. The Tapestry’s various energy-efficient features are estimated to save about 3.8 million kWh annually, equivalent to more than $760,000.
- CDL has invested extensively in the use of renewable solar energy for our properties. Our D’Nest project, was listed in the Singapore Book of Records for having the Largest Solar Panels in a Condominium. The energy harnessed by the 1,520m2 of solar panels is capable of off-setting most of the electricity consumption for common areas.