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 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.
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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, with Scope 2 emissions at about 144,000 kg CO2e, while Scope 1 emissions were negligible at 0 kg CO2e. This reflects a commitment to reducing their carbon footprint across various operational scopes. CDL has set ambitious targets to reduce its carbon emissions intensity by 63% per square metre leased area for both Scope 1 and 2 emissions by 2030, using 2016 as the baseline year. Additionally, the company aims to cut Scope 3 emissions from purchased goods and services by 41% 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 offsetting any remaining emissions. CDL's climate initiatives are 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.
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| 2014 | 2015 | 2016 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 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
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.
