City Developments Ltd 2022 Sustainability Report
Company: City Developments Ltd
Sector: Real estate
Country: Singapore
Year: 2022
Type: Sustainability Report
Pages: 175
The report describes CDL's 2022 sustainability performance across its Singapore operations and key subsidiaries, with a strong focus on decarbonisation and net-zero delivery. It reports renewed SBTi-validated targets, including a 63% Scope 1 and 2 emissions-intensity reduction target by 2030 from a 2016 base year, alongside net-zero whole-life-carbon commitments for 2030 and 2050. CDL also reports annual materiality assessments, TCFD, SASB, CDSB, GRI and GHG Protocol-aligned disclosures, plus external assurance by EY and LRQA. Operational highlights include a 24% carbon-intensity reduction against the 2016 baseline, expanded renewable-energy procurement, and detailed energy, water and waste performance. Social reporting covers 406 Singapore-headquartered employees and records one construction-site fatality in 2022.
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