City Developments Limited: Corporate Social Responsibility -
Our CSR Philosophy
At CDL, we view our role as more than just a builder of
living spaces, but also a developer of lives and communities. We believe that a
successful corporation is not only founded on business achievements, but also by
the positive role it can play in the community and towards environmental
Since the 1990s, Corporate Social Responsibility (CSR)
has been an integral part of CDL’s vision and mission. Founded on this
commitment, we take into consideration the interests of society on key
stakeholders such as our investors, customers, employees, contractors and
suppliers as well as the community.
We believe in conducting our
business responsibly, mindful of the impact our operations have on society so as
to build an enduring and sustainable organisation. We continually seek ways to
ensure a better quality of life for the community and environment where we live,
work and play.
To be a leader in business and a champion of CSR
OUR CSR MISSION
To be a responsible corporate citizen who believes in
creating value for stakeholders, conducting sustainable business practices,
caring for the community and protecting the environment.
Commitment to Stakeholders:
As a responsible corporation, it is our goal to be
transparent and accountable to our stakeholders who have an interest in our
To offer quality and innovative products, unsurpassed
service and value for money.
To maintain profitability and achieve optimum returns for
To maximise their potential and care for their personal
well-being and career development.
Contractors and Suppliers:
To select based on quality work and their ability to
complement our commitment to environment, health and safety.
To serve the community we operate in so as to create a
better place for all, especially caring for the less fortunate, enhancing youth
development, promoting the arts and conserving the environment.
Internationally, CDL is also the first Singapore company
recognised in all three of the world’s top sustainability benchmarks
– The FTSE4Good Index Series, The Global 100 Most Sustainable Corporations
in the World and The Dow Jones Sustainability Indexes.
closely with various organisations to promote CSR. We have been a founding
committee member of Singapore Compact for CSR since its inception in 2005.
Singapore Compact functions as a national society advocating CSR among the
business community through awareness dialogues and workshops.
September 2005, CDL was one of the founding Singapore signatories of the United
Nations (UN) Global Compact to lend support to the advancement of responsible
corporate citizenship in Singapore. CDL also had the honour of being one of the
five founding members of the Business Council for Sustainable Development (BCSD)
Singapore in 2012. The BCSD Singapore is a membership organisation comprised of
leading local businesses and the regional arms of international companies,
working with businesses locally to help foster economic development in harmony
with environmental preservation and social development.
With a firm
belief in the importance of engagement with the community, we have been
responsive to the needs of the community by working closely with government
agencies and non-governmental organisations (NGO).
In 2012, CDL's
Managing Director, Mr Kwek Leng Joo, was elected as the President
of Singapore Compact for CSR
. He aims to bring forward the CSR agenda in
the Singapore business community and to groom a generation of civic minded young
executives to champion CSR. Mr Kwek shares his views on the CSR
landscape in Singapore
We constantly engage with our
stakeholders through communication and feedback.
We value and welcome your