CDL is rated the most sustainable real estate company
City Developments Limited, a Singapore-listed real estate group, has been ranked number 22 on the list of the 100 most sustainable corporations in the world for 2024. CDL is the first Singaporean company to have been included in the Global 100 for 15 consecutive year.
CDL is also the most sustainable company in Singapore, and has been for six consecutive years. CDL’s ranking jumped from 28th place to 22nd position after improvements in areas like energy, greenhouse gases and water productivity.
This award reaffirms CDL’s commitment to a future that is climate-positive and our goal of achieving net-zero by 2030. We can reduce our carbon foot print and inspire collective change towards a zero-carbon future by embracing innovative, collaborative and sustainable practices.
The Global 100 is an index of sustainability equity that has a high reputation and is considered the gold standard for corporate sustainability. Corporate Knights, a Toronto-based investment and media research firm, analysed the ranking based on more than 6,700 companies that had revenues exceeding US$1 billion. The ranking was based on publicly available data comparing each company to its peers based upon a set 25 ESG indicators.