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 82 is higher than 90% 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 10,774,000 kg CO2e, with Scope 1 emissions at about 217,000 kg CO2e, Scope 2 emissions at approximately 10,774,000 kg CO2e, and Scope 3 emissions from upstream transportation and distribution at about 446,000 kg CO2e. This follows a trend of significant emissions in previous years, including 10,934,000 kg CO2e in 2023 and 12,478,000 kg CO2e in 2022. CDL has set ambitious carbon reduction targets, aiming for a 63% reduction in Scope 1 and 2 greenhouse gas emissions per square metre leased area by 2030, based on a 2016 baseline. This target has been validated by the Science Based Targets initiative (SBTi) and aligns with a 1.5°C warming scenario. Additionally, CDL is committed to reducing Scope 3 emissions from purchased goods and services by 41% per square metre gross floor area by 2030, and absolute Scope 3 emissions from investments by 58.8% within the same timeframe. Furthermore, CDL has pledged to achieve net zero operational carbon by 2030 for all new and existing wholly-owned assets and developments under its direct operational and management control. This commitment is part of a broader strategy to enhance sustainability across its operations, including a focus on reducing embodied carbon in new developments and achieving net zero carbon for all buildings by 2050. Overall, CDL's climate commitments reflect a proactive approach to addressing carbon emissions and contributing to global climate goals, with a clear focus on measurable targets and accountability.
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| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 7,363,000 | 000,000 | 000,000 | 0,000,000 | 0,000,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 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 | 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 | 00,000,000 | 00,000,000 | 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.
