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 68 is higher than 99% 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 2023, City Developments Limited (CDL) reported total carbon emissions of approximately 8,800 kg CO2e, with Scope 1 emissions at 88,000 kg CO2e, Scope 2 emissions at about 10,934,000 kg CO2e (market-based), and Scope 3 emissions at approximately 5,102,000 kg CO2e. This marks a significant reduction in emissions compared to previous years, reflecting CDL's commitment to sustainability. CDL has set ambitious targets to further reduce its greenhouse gas emissions. By 2030, the company aims to achieve a 63% reduction in Scope 1 and 2 emissions per square metre leased area from a 2016 baseline. Additionally, it plans to reduce Scope 3 emissions from purchased goods and services by 41% per square metre of gross floor area, and absolute Scope 3 emissions from investments by 58.8%, all from the same 2016 baseline. These commitments align with industry standards and demonstrate CDL's proactive approach to addressing climate change, contributing to global efforts to limit warming to 1.5°C. The company is a member of the Science Based Targets initiative (SBTi), underscoring its dedication to scientifically grounded climate action.
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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.
