City Developments Limited (CDL), headquartered in Singapore (SG), is a leading player in the real estate services industry, specifically focusing on property development and investment. Founded in 1963, CDL has established a strong presence not only in Singapore but also across key international markets, including China, the United Kingdom, and Japan.
With a diverse portfolio that encompasses residential, commercial, and hospitality properties, CDL is renowned for its commitment to sustainability and innovation. The company has achieved numerous accolades, positioning itself as a market leader in the real estate sector. Notable milestones include the development of iconic projects that reflect its dedication to quality and design excellence, making CDL a trusted name in real estate services.
+44 vs industry average
City Developments’s score of 73 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Real Estate Services has above-average carbon intensity
Industry performance
The Real Estate Services industry has reduced its overall emissions by 17% since 2018
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
City Developments's reported carbon emissions
City Developments (SG), a real estate services company, has reported total carbon emissions of approximately 15.5 million kg CO2e for 2025, an increase from approximately 15.9 million kg CO2e in 2024. Scope 2 emissions accounted for the largest portion in both years, with approximately 10.5 million kg CO2e in 2025 and 10.8 million kg CO2e in 2024. Scope 3 emissions were around 4.9 million kg CO2e for 2025 and 4.9 million kg CO2e for 2024, while Scope 1 emissions were approximately 98,000 kg CO2e in 2025 and 217,000 kg CO2e in 2024.
The company has set ambitious climate commitments, including a target for net zero operational carbon by 2030 for its new and existing wholly-owned assets under direct control. Furthermore, City Developments aims to reduce Scope 1 and 2 GHG emissions by 63% per square metre leased area by 2030 from a 2016 baseline. They also commit to reducing Scope 3 GHG emissions from purchased goods and services by 41% per square metre gross floor area by 2030, and absolute Scope 3 GHG emissions from investments by 58.8% by 2030, both from a 2016 baseline. These targets have been validated by the Science Based Targets initiative (SBTi) to align with a 1.5°C warmer scenario. City Developments aims for all buildings to be net zero carbon by 2050.
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City Developments’s Climate Goals (2030 & 2050)
9 goals2030
14% reduction in all scopes
achieved a 14% reduction in total operational carbon emissions across the Company's business operations in Singapore for the year under revi…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Common questions about City Developments’s sustainability data and climate commitments
Data year: 2025
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