CDL – City Developments Limited

Singapore, 18 January 2023 – City Developments Limited (CDL) has maintained its position as the world’s most sustainable real estate management and development company and ranked 28th on the 2023 Global 100 Most Sustainable Corporations in the World. This marks its 14th consecutive year since 2010 on the Global 100 listing and fifth consecutive year as Singapore’s most sustainable company.

Analysed by Corporate Knights, a Toronto-based international media and investment research firm, the Global 100 ranking is recognised as the world’s preeminent sustainability equity index and gold standard in corporate sustainability analysis. Companies listed on the 2023 Global 100 ranking were selected after a rigorous assessment of over 6,700 companies with more than US$1 billion in revenues – each evaluated on a set of 25 key performance indicators (KPIs) covering resource management, employee management, financial management, sustainable revenue and sustainable investment, and supplier performance.

Mr Sherman Kwek, CDL Group Chief Executive Officer, said, “CDL is honoured to be included in the Global 100 Most Sustainable Corporations for the 14th consecutive year. The global climate emergency requires collective action that goes beyond borders and sectors. As the world converges towards its net-zero ambitions, CDL will continue to contribute steadfastly to this global agenda – a sustainability journey we started more than two decades ago. This year marks CDL’s 60th Anniversary and as we continue to grow and transform our business, we will drive ESG integration across our Group for enterprise excellence and to create value for all our stakeholders.”

Mr Toby Heaps, Corporate Knights Chief Executive Officer, said, “CDL is building the future by creating and investing in spaces that demonstrate the significant role real estate companies play in speeding up the transition to a sustainable future. Companies listed on the Global 100 index represent the world’s best in sustainability performance, with CDL joining the ranks as a leader in constructing a more climate-resilient built environment.”

This year’s Global 100 ranking was announced today at its launch event hosted during the World Economic Forum at Davos, which included a leaders’ roundtable discussion focusing on the imperative for businesses and governments to commit and take affirmative action to achieve climate targets.

As the first real estate conglomerate in Southeast Asia to sign the WorldGBC Net Zero Carbon Buildings Commitment, CDL further demonstrated its commitment by expanding its pledge to include a net zero whole life carbon-built environment. Through this expanded undertaking, CDL’s new and existing wholly-owned assets under its direct management and operational control will operate at net zero carbon and achieve maximum embodied carbon reduction in new developments, compensating for any remaining residual operational and upfront embodied emissions by 2030.

In June 2022, CDL was the only Singapore property company listed in the inaugural edition of the FT-Nikkei Climate Leaders Asia Pacific 2022 award out of 200 companies. The listing includes companies located in a region where the risks posed by climate change are especially acute. It identifies businesses that significantly reduced Scope 1 and 2 greenhouse gas (GHG) emissions intensity between 2015 and 2020.

CDL’s ESG integration and disclosures are widely recognised by 13 other prominent global ratings, rankings and indexes. These include double ‘A’s in the 2022 CDP Global A List for corporate climate action and water security and an ‘AAA’ rating by MSCI ESG Research since 2010.

新加坡,2023 年 1 月 18 日——City Developments Limited (CDL) 继续保持其作为全球最具可持续性的房地产管理和开发公司的地位,并在 2023 年全球最具可持续性企业 100 强中排名第 28 位。这标志着它自 2010 年以来连续第 14 年入选全球 100 强,并连续第五年成为新加坡最具可持续性的公司。

由总部位于多伦多的国际媒体和投资研究公司 Corporate Knights 分析,全球 100 强排名被公认为世界卓越的可持续发展股票指数和企业可持续发展分析的黄金标准。入选 2023 年全球 100 强排名的公司是在对 6,700 多家收入超过 10 亿美元的公司进行严格评估后选出的——每家公司都根据一套 25 项关键绩效指标 (KPI) 进行评估,涵盖资源管理、员工管理、财务管理、可持续收入和可持续投资,以及供应商绩效。

CDL 集团首席执行官 Sherman Kwek 先生表示:“CDL 很荣幸连续第 14 年入选全球 100 家最具可持续性企业。全球气候紧急情况需要超越国界和部门的集体行动。随着世界朝着其净零目标迈进,CDL 将继续坚定不移地为这一全球议程做出贡献——这是我们在二十多年前开始的可持续发展之旅。今年是 CDL 成立 60 周年,随着我们继续发展和转型我们的业务,我们将推动整个集团的 ESG 整合,以实现卓越企业并为我们所有的利益相关者创造价值。”

Corporate Knights 首席执行官 Toby Heaps 先生说:“CDL 正在通过创建和投资空间来建设未来,这些空间展示了房地产公司在加速向可持续未来过渡方面发挥的重要作用。全球 100 强指数中的公司代表了世界上在可持续发展方面表现最好的公司,CDL 作为建设更具气候适应性的建筑环境的领导者加入了行列。”

今年的全球 100 强排名今天在达沃斯世界经济论坛期间举办的发布会上公布,其中包括一场领导人圆桌讨论会,重点讨论企业和政府必须承诺并采取平权行动以实现气候目标。

作为东南亚第一家签署 WorldGBC 净零碳建筑承诺的房地产集团,CDL 通过扩大其承诺以包括全生命周期净零碳建筑环境,进一步证明了其承诺。通过这一扩大的承诺,CDL 在其直接管理和运营控制下的新的和现有的全资资产将以净零碳运营,并在新开发项目中实现最大的具体碳减排,到 2030 年补偿任何剩余的运营剩余和前期具体排放。

2022 年 6 月,CDL 是 200 家公司中唯一一家入选首届 2022 年 FT-日经亚太地区气候领袖奖的新加坡房地产公司。该名单包括位于气候变化带来的风险特别严重的地区的公司。它确定了在 2015 年至 2020 年间显着降低范围 1 和范围 2 温室气体 (GHG) 排放强度的企业。

CDL 的 ESG 整合和披露得到了其他 13 个著名的全球评级、排名和指数的广泛认可。其中包括 2022 年 CDP 全球企业气候行动和水安全 A 级名单中的双“A”,以及自 2010 年以来 MSCI ESG 研究的“AAA”评级。