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Public Profile
Real Estate Services
SG
updated 13 days ago

City Developments

Company website

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.

80

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.

24

Industry Benchmark

City Developments's score of 80 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.

89%

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City Developments's reported carbon emissions

In 2024, City Developments Limited (CDL) reported carbon emissions of approximately 4,882,000 kg CO2e in Scope 3 and 144,000 kg CO2e in Scope 2, with no emissions recorded for Scope 1. This reflects a commitment to reducing its carbon footprint across various operational scopes. CDL has set ambitious targets to reduce its greenhouse gas emissions, aiming for a 63% reduction in Scope 1 and 2 emissions per square metre leased area by 2030, based on a 2016 baseline. Additionally, the company targets a 41% reduction in Scope 3 emissions from purchased goods and services per square metre of Gross Floor Area (GFA) by the same year. Furthermore, CDL is committed to reducing absolute Scope 3 emissions from investments by 58.8% by 2030. In line with its sustainability goals, CDL has pledged to achieve net zero operational carbon by 2030 for all new and existing wholly-owned assets. This commitment is part of a broader strategy to enhance sustainability in the real estate sector, including a focus on reducing embodied carbon in new developments and achieving net zero carbon for all buildings by 2050. CDL's targets have been validated by the Science Based Targets initiative (SBTi), ensuring alignment with global climate goals. The company has also been proactive in achieving net zero emissions for its corporate office operations since 2009, including its data centre and the 11 Tampines Concourse, which is recognised as the first CarbonNeutral® development in Singapore and Asia Pacific. Overall, CDL's comprehensive approach to carbon emissions reduction underscores its commitment to sustainability and climate resilience in the real estate industry.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2014201520162018201920202021202220232024
Scope 1
7,363,000
0,000,000
0,000,000
0,000,000
000,000
0,000,000
0,000,000
0,000,000
00,000
000,000
Scope 2
22,428,000
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
2,148,000
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. City Developments's primary industry is Real estate services (70), which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for City Developments is in SG, which has a low grid carbon intensity relative to other regions.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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