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 91% 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 trend of significant emissions in previous years, with 2023 emissions at about 10,934,000 kg CO2e and 2022 at approximately 12,478,000 kg CO2e. CDL has set ambitious carbon reduction targets, aiming for a 63% reduction in Scope 1 and 2 greenhouse gas emissions per square metre leased area by 2030, using 2016 as the base year. Additionally, the company is committed to reducing Scope 3 emissions from purchased goods and services by 41% per square metre of gross floor area by 2030. Furthermore, CDL has pledged to achieve net zero operational carbon by 2030 for all new and existing wholly-owned assets under its direct operational control. These commitments are validated by the Science Based Targets initiative (SBTi) and align with a 1.5°C warming scenario. CDL's proactive approach includes a long-term goal of achieving net zero carbon for all buildings by 2050, alongside efforts to maximise the reduction of embodied carbon in new developments.
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| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 7,363,000 | 000,000 | 000,000 | 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 | 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 | 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.
