CDL’s Recognition as the Only Singapore Property Company in the Inaugural Edition of the FT-Nikkei Climate Leaders Asia Pacific 2022 Award

In a landmark achievement, CDL (City Developments Limited) has been recognized as the only Singapore property company to feature in the inaugural edition of the FT-Nikkei Climate Leaders Asia Pacific 2022 Award. The award, which was launched by the Financial Times and the Nikkei, recognises the most ambitious climate leaders in the Asia-Pacific region and acknowledges those who have taken extraordinary steps to combat the climate crisis.

CDL’s recognition is a testament to its unwavering commitment towards sustainability and its dedication to developing green, sustainable cities. The award criteria were stringent, and companies had to demonstrate their commitment to tackling climate change and achieving net-zero emissions by 2025.

CDL has long been at the forefront of sustainability in Asia. It has been recognised for its commitment to environmental, social and governance (ESG) since the early 2000s. CDL has been a pioneer in the implementation of environmental stewardship initiatives and has consistently raised the bar for the property industry in Singapore and across the region.

Since 2018, CDL has achieved a total of eight sustainability certifications from major external ratings agencies such as the Global Real Estate Sustainability Benchmark (GRESB) and the Singapore Green Building Product and Performance Label. CDL also boasts a portfolio of over 30 green buildings and has achieved a total of 77 awards and accolades for its sustainability efforts.

CDL has also been active in developing new technologies to reduce energy and water consumption, such as the intelligent building management system, Smart Building Solutions (SBS). SBS uses artificial intelligence and machine learning to optimise energy consumption in buildings, and CDL has implemented it in over two million square feet of its gross floor area.

CDL is constantly exploring new and innovative ways to reduce its carbon footprint and promote green practices. It has committed to achieving net-zero emissions by 2025 and has already reduced its emissions intensity by 24% since 2013. CDL is also exploring the use of renewable energy sources such as solar panels, and is looking into the use of hydrogen and biofuel as alternative energy sources.

In addition to its efforts to reduce emissions, CDL is also actively working to conserve natural resources. CDL has implemented water-saving initiatives such as the installation of dual-flush toilets and low-flow taps, and has also launched initiatives to improve air quality, such as the installation of green walls and green roofs. CDL is also committed to improving biodiversity, and has established a partnership with the National Parks Board to plant more than 10,000 trees.

CDL’s commitment to sustainability has been further recognised through its inclusion in the Dow Jones Sustainability Indices (DJSI) APAC, as well as the FTSE4Good Index Series.

The FT-Nikkei Climate Leaders Asia Pacific 2022 Award is a powerful testament to CDL’s commitment to sustainability, and its recognition as the only Singapore property company to be featured is a valuable endorsement of its efforts. With its continued dedication to green practices and sustainability, CDL is well-positioned to lead the way in creating a sustainable future.

The FT-Nikkei Climate Leaders Asia Pacific 2022 Award is an esteemed accolade that recognizes the top climate change-focused organizations in the Asia Pacific region. This year, the award had an unprecedented number of applicants from across the region and the judges had to pick the best ones to receive the award. It is with great pride that we announce that CDL is the only Singapore property company to be selected to be part of the inaugural edition of the FT-Nikkei Climate Leaders Asia Pacific 2022 Award.

At CDL, we strive to be a leader in sustainability and climate action. We are committed to taking steps that aim to reduce our environmental footprint, while at the same time creating innovative solutions to combat climate change. We have implemented a number of initiatives that are designed to reduce our carbon footprint and make our buildings more energy-efficient. We have also made investments in green technologies to help us meet our environmental goals.

We have also taken steps to ensure that the materials and services we use are sourced from suppliers that are certified to meet standards set by the Singapore Green Label Scheme. This certification ensures that the products and services we use are of a high quality and are environmentally friendly.

Our commitment to sustainability is also reflected in our ongoing efforts to promote green living. We have developed a range of initiatives that are designed to educate, inform and inspire our tenants and the general public about the importance of sustainability. We have held seminars and workshops on topics ranging from energy efficiency to waste management. We have also launched a number of campaigns to raise awareness about the importance of sustainability and climate change.

We are delighted to have been selected as one of the recipients of the FT-Nikkei Climate Leaders Asia Pacific 2022 Award. This award is a testament to the hard work, dedication and commitment of our team in making CDL a leader in sustainability and climate action. We are proud to be the only Singapore property company to be recognized in this inaugural edition of the award.

We will Bukit Batok EC continue to strive to be a leader in sustainability and climate action. We are committed to taking steps that will help reduce our environmental footprint and create innovative solutions to combat climate change. We are also looking forward to continuing our work to promote green living and educating the public about the importance of sustainability.

We would like to thank the FT-Nikkei for recognizing our commitment to sustainability and climate action and for selecting us as the only Singapore property company in the inaugural edition of the FT-Nikkei Climate Leaders Asia Pacific 2022 Award. We look forward to continuing our efforts to be a leader in sustainability and climate action and to creating a more sustainable future for all.

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