CDL has once again been included in the 2023 Carbon Disclosure Project (CDP) A List for its environmental leadership in climate change and water security initiatives. This marks the sixth consecutive year CDL has received an ‘A’ score for climate change and the fifth year with an ‘A’ score for water security. CDL has been the only company in Southeast Asia and Hong Kong to remain on the CDP A List for six consecutive years.

Launched in 2000, CDP is a global non-profit initiative that tracks and discloses climate data of companies worldwide to manage climate and environmental threats. It holds the largest environmental database in the world. Its scores are widely used to drive investment and procurement decisions towards a zero carbon, sustainable and resilient economy. Out of 21,000 companies, only less than 400 scored an ‘A’ for their leadership in environmental transparency and performance on climate change, deforestation and water security.

Besides the CDP A list, CDL’s Environmental, Social and Governance (ESG) best practices have been recognised by leading global sustainability ratings, including MSCI, for 13 consecutive years. CDL is also ranked within the ESG Regional Top Rated and ESG Industry Top Rated in Sustainalytics’ 2024 ESG Risk Rating assessment, amongst others. These accolades assess topics ranging from emissions reduction to carbon management strategies and corporate governance. Last month, CDL clinched the world’s most sustainable real estate management and development company, securing the 22nd spot on the 2024 Global 100 Most Sustainable Corporations in the World list, leaping from its 28th position last year.

Mr Sherman Kwek, CDL’s Group Chief Executive Officer, said, “The global climate emergency requires urgent action to decarbonise and address water security. Maintaining our position on the CDP A List reaffirms our commitment towards creating lasting value for shareholders, communities and the environment. We will continue to innovate and work towards a more resilient and sustainable future.”