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 82% 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 and 144,000 kg CO2e in Scope 2, with no emissions recorded for Scope 1. This reflects a significant reliance on indirect emissions, particularly from purchased goods and services. CDL has set ambitious climate commitments, including a target to reduce Scope 1 and 2 GHG emissions by 63% 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 aims to cut Scope 3 emissions from purchased goods and services by 41% per square metre gross floor area by 2030, and to achieve a 58.8% reduction in absolute Scope 3 emissions from investments by the same year. Furthermore, CDL is committed to achieving net zero operational carbon by 2030 for all wholly-owned assets and developments under its direct operational control. This commitment is part of a broader initiative, as CDL became the first real estate conglomerate in Southeast Asia to sign the World Green Building Council's Net Zero Carbon Buildings Commitment in February 2021. Overall, CDL's proactive approach to carbon emissions reduction and its comprehensive targets underscore its commitment to sustainability and climate resilience in the real estate sector.
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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 | 000,000 | 00,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 22,428,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000 | 000,000 | 000,000 | 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 | 00,000,000 | 00,000,000 | 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.
