City Developments Limited (CDL) has once again been recognised for its track record in effective environment, social and governance (ESG) integration and strong performance. Amongst the many accolades, CDL is one of the few companies globally that has been recognised for leadership in corporate sustainability and is on the 2021 CDP A List for global climate action and protecting water security.

This prestigious recognition marks the fourth consecutive year CDL has received an ‘A’ score for climate change strategy, and the third year it has received an ‘A’ score for water security. CDL is also the only Singapore company to score an ‘A’ this year, and the only company in Southeast Asia and Hong Kong to remain listed on the CDP A List for four consecutive years.

CDL Chief Sustainability Officer Ms Esther An said, “The world is racing towards a net zero future and corporates need to recognise that we play a crucial role in contributing to this global goal. The global climate emergency has challenged the company to continuously push the envelope with climate-focused strategies, paving the road ahead in alignment with the Singapore Green Plan. CDL takes pride in our firm commitment and tenacity in aligning our business with global and national goals to mitigate the negative impact of climate change and has been disclosing to CDP for the past 11 years. Given the high environmental impact of the building sector and our extensive value chain of stakeholders, we believe that setting ambitious ESG goals and strategies under CDL’s Future Value 2030 Sustainability Blueprint has helped us to remain steadfast in turning ambition to action for a sustainable environment.”