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 96% 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 11,000,000 kg CO2e, comprising 217,000 kg CO2e from Scope 1, 10,774,000 kg CO2e from Scope 2, and 446,000 kg CO2e from Scope 3 emissions. This follows a total of about 10,934,000 kg CO2e in 2023, with Scope 1 emissions at 2,980,000 kg CO2e and Scope 2 emissions at 11,220,000 kg CO2e. CDL has set ambitious climate commitments, aiming for a 63% reduction in Scope 1 and 2 greenhouse gas emissions per square metre leased area by 2030, using 2016 as the baseline year. Additionally, the company targets a 41% reduction in Scope 3 emissions from purchased goods and services by 2030. CDL is also committed to achieving net zero operational carbon for its new and existing wholly-owned assets by 2030. In 2018, CDL's carbon emissions intensity reduction target of 59% by 2030 for Scope 1 and 2 emissions was validated by the Science Based Targets initiative (SBTi) to align with a 2°C warming scenario. Furthermore, CDL has pledged to achieve net zero carbon for all buildings by 2050, with a focus on maximising the reduction of embodied carbon in new developments. Overall, CDL's proactive approach to reducing carbon emissions reflects its commitment to sustainability and climate resilience in the real estate sector.
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| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 7,363,000 | 000,000 | 00,000 | 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 | 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 | 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.
