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CDL

Raising the bar on lowering its carbon footprint for climate action, SGBC Founding Member City Developments Limited (CDL) has today become the first real estate developer in Singapore and the first real estate conglomerate in Southeast Asia to sign the WorldGBC’s Net Zero Carbon Buildings
Commitment.

Given the high environmental impact of the Built Environment, the Net Zero Carbon Buildings Commitment challenges businesses to take leadership action to reach net zero carbon in operation for every building under their direct control by 2030, and advocates for all buildings to be net zero carbon in operation by 2050.

By joining the Commitment, CDL is dedicated to achieving net zero carbon by 2030 for its new and existing wholly-owned assets and developments under its direct operational and management control. A net zero carbon building is defined as a highly energy-efficient building that is powered from on-site and/or off-site renewable energy sources and offsets. Pledging to the WorldGBC’s Net Zero Carbon Buildings Commitment will entail CDL disclosing, reducing and verifying operating Scope 1 and 2 emissions of its managed buildings, including its corporate office in Singapore.

Read more here: https://ir.cdl.com.sg/static-files/1311fd64-0d67-47ab-8b3f-79cbca613de2