work

Republic Plaza (flagship building of CDL) and Hong Leong Building (flagship of Hong Leong Holdings) have achieved the highest tier Green Mark Platinum certification.

Green Standards
Of Offices
A Top Priority
For Relocating
Tenants Looking
To Meet ESG
Requirements

As businesses change, an increasingly important driver behind relocating offices is the urgent need to meet specific ESG (environmental, social, and governance) standards. The great focus on ESG credentials is leading many organisations to newer buildings where ESG considerations are already built into the design of the asset.

According to research and consultancy Savills, the trend of companies looking to move to newer and better ESG rated buildings began around the start of the Covid-19 pandemic in 2020.

Commercial real estate services firm, Cushman & Wakefield said more companies are embracing ESG due to the transition to hybrid work during- and after pandemic. This gives them greater flexibility in their workplace strategy and enables them to right-size to better-quality offices, including ESG-compliant ones within a similar budget.

Hong Leong Holdings’ flagship Hong Leong Building is certified BCA Green Mark Platinum and retrofitted for energy efficiency, water conservation, waste reduction and use of sustainable materials. The developer is currently carrying out asset enhancement works to the property with the completion date set at the end of 2025.


CDL’s City Green Tenant Bonus programme is a decarbonisation initiative for tenants at Republic Plaza. Private banking services provider Lombard Odier Group were among the participating tenants that pledged their sustainability commitment. Pictured here is Ms Carol Chan, COO at Lombard Odier and Mr Allen Ang, EVP, Head of Green Building & Technology Application at CDL.

King’s Centre completed its renovation in 2022 that included revamp and expansion of its main lobby, as well as upgrading of common areas such as elevator lobbies and restrooms.

Meanwhile, CDL has upgraded all its existing office buildings to the latest Green Mark standard. For example, older buildings such as flagship Republic Plaza and King’s Centre have been upgraded and retrofitted to improve energy efficiency.

CDL also has a pilot City Green Tenant Bonus programme (started in 2024), which aims to promote, encourage, and incentivise tenants to adopt sustainable practices and effectively reduce energy consumption.

Back to HomepageBack to Work page