September was an exciting month for City Developments Limited (CDL) as it received accolades and recognition across multiple award categories. Congratulations to the CDL team for the remarkable achievements!
2024 Sustainability Impact Awards
congratulations / appointments
CDL Group CEO Mr Sherman Kwek (right) receiving the Impact Enterprise of the Year award from President Tharman Shanmugaratnam.
CDL Chief Sustainability Officer Ms Esther An (right) was recognised as the Impact Leader of the Year for being a pioneer in sustainability.
CDL clinched the Impact Enterprise of the Year award under the large enterprise category for its capacity-building and thought leadership in climate action at the 2024 Sustainability Impact Awards. In addition, Chief Sustainability Officer Ms Esther An was named Impact Leader of the Year for being a pioneer in the sustainability arena.
Jointly presented by The Business Times and UOB, the Sustainability Impact Awards was first launched in February 2023 to recognise and celebrate outstanding individuals and companies who strive to make an impact on the environment and society, driving innovations towards a greener future.
Find out more about how CDL has driven positive impact in The Business Times interview with Group CEO Mr Sherman Kwek.
Investors’ Choice Awards 2024
A double win for CDL at the Investors’ Choice Awards 2024, reflecting its strong commitment to corporate governance excellence.
CDL received double honours for corporate governance excellence at the Securities Investors Association (Singapore) Investors’ Choice Awards 2024, which recognises outstanding companies and individuals who exemplify top-tier ESG and corporate governance practices.
This year, CDL received the Most Transparent Company Award (Real Estate Category) and the Shareholder Communications Excellence Award (Big Cap Category).
For close to three decades, CDL’s triple bottom line approach — balancing financial performance, ethical responsibility, and a commitment to environmental and social stewardship — has driven value creation and delivered positive impact. Looking ahead, its ESG framework will continue to guide CDL in refining its business practices, uncovering sustainable opportunities and implementing cutting-edge strategies for future success.
Building and Construction Authority (BCA) Awards 2024
CDL is the only developer to receive the prestigious Company of the Year Award
Cementing its leadership in the built environment sector, CDL was conferred the pinnacle Company of the Year Award at the Building and Construction Authority (BCA) Awards 2024, in recognition of its long-standing commitment and contributions to driving enterprise and value-chain transformation.
Introduced this year, the Award seeks to spur firms in the sector to go beyond project-level initiatives towards outstanding achievements in their business operations and value chain, as well as workforce transformation at the enterprise level.
CDL also received the Quality Excellence Award, marking its 12th consecutive win since 2013. This award recognises leading progressive developers and builders for their commitment and achievement in delivering high quality homes, workmanship excellence and quality assurance programmes.
