City Developments
City Developments Limited (CDL) is a leading real estate operating company headquartered in Singapore (SG), with a strong presence across Asia, Europe, and North America. Founded in 1963, CDL has established itself as a pioneer in the property development and investment sector, achieving numerous milestones, including the development of iconic residential, commercial, and hospitality projects. Specialising in sustainable urban development, CDL offers a diverse portfolio that includes residential properties, commercial spaces, and integrated developments. Their commitment to innovation and sustainability sets them apart in the industry, as they consistently incorporate eco-friendly practices into their projects. Recognised for their excellence, CDL has received multiple awards, solidifying their position as a market leader in the real estate sector.
DitchCarbon Score
How does City Developments's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Real Estate Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
City Developments's score of 83 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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City Developments's reported carbon emissions
In 2024, City Developments Limited (CDL) reported total carbon emissions of approximately 11,000,000 kg CO2e from Scope 2, 217,000 kg CO2e from Scope 1, and 446,000 kg CO2e from Scope 3 emissions. This reflects a commitment to reducing its carbon footprint significantly. CDL aims to achieve a 63% reduction in Scope 1 and 2 greenhouse gas emissions per square metre leased area by 2030, using 2016 as the base year. Additionally, the company has set ambitious targets to reduce Scope 3 emissions from purchased goods and services by 41% and absolute Scope 3 emissions from investments by 58.8%, both by 2030. CDL has also pledged to become the first real estate conglomerate in Southeast Asia to sign the World Green Building Council's Net Zero Carbon Buildings Commitment, aiming for net zero operational carbon by 2030. Furthermore, the company is committed to achieving net zero carbon for all buildings by 2050, with a focus on maximising reductions in embodied carbon for new developments. Since 2009, CDL has maintained net zero annual carbon emissions for its corporate office operations, including its data centre and the 11 Tampines Concourse, which is recognised as the first CarbonNeutral® development in Singapore and Asia Pacific. These initiatives underscore CDL's dedication to sustainability and its proactive approach to addressing climate change.
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| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 1,401,000 | 0,000,000 | 000,000 | 000,000 | 0,000,000 | 0,000,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000 | 000,000 |
| Scope 2 | 20,038,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 4,350,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
City Developments is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
