City Developments Sustainability Profile
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 83 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 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 slight decrease in Scope 3 emissions from about 5,101,000 kg CO2e in 2023. CDL has set ambitious targets to reduce its carbon footprint, aiming for a 63% reduction in Scope 1 and 2 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 of Gross Floor Area (GFA) by 2030, and aims for a 58.8% reduction in absolute Scope 3 emissions from investments by the same year. The company has also pledged to achieve net zero operational carbon by 2030 for all wholly-owned assets and developments under its direct operational control. CDL's climate commitments include becoming the first real estate conglomerate in Southeast Asia to sign the World Green Building Council's Net Zero Carbon Buildings Commitment in February 2021. This commitment underscores CDL's dedication to sustainability and its proactive approach to addressing climate change.
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| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 7,363,000 | 0,000,000 | 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 | 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 | 0,000,000 | 000,000 |
How Carbon Intensive is City Developments's Industry?
How Carbon Intensive is City Developments's Location?
City Developments's Scope 3 Categories Breakdown
City Developments's Scope 3 emissions, which decreased by 91% last year and decreased by approximately 79% since 2014, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 4% of total emissions under the GHG Protocol, with "Upstream Transportation & Distribution" representing nearly all of their reported Scope 3 footprint.
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City Developments's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
City Developments has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Frequently Asked Questions
Common questions about City Developments's sustainability data and climate commitments