City Developments Limited: Corporate Social Responsibility -
Our CSR PhilosophyAt 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
sustainability.
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.
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OUR CSR
VISION
To be a leader in business and a champion of CSR
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OUR CSR MISSION
STATEMENT
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.
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Our
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
operations.
Our
Customers:
To offer quality and innovative products, unsurpassed
service and value for money.
Our
Investors:
To maintain profitability and achieve optimum returns for
their investments.
Our
Employees:
To maximise their potential and care for their personal
well-being and career development.
Our
Contractors and Suppliers:
To select based on quality work and their ability to
complement our commitment to environment, health and safety.
The
Community:
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.
In 2011, CDL was selected as an index component in the Dow
Jones Sustainability Indexes (worldwide and in Asia Pacific), the first global
indexes to track the financial performance of the leading sustainability-driven
companies worldwide. This makes the company the only Singapore developer to be
listed on both Dow Jones Sustainability Indexes and FTSE4Good Index Series
(since 2002), a global benchmark for socially responsible investments. It is
also the only Singapore company to be ranked amongst Global 100 Most Sustainable
Corporations in the World in 2011, announced at the World Economic
Forum.
CDL works 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.
In September 2005, CDL was one of the founding Singapore
signatories of the United Nations Global Compact to lend support to the
advancement of responsible corporate citizenship in Singapore.
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).
We constantly engage
with our stakeholders through communication and feedback.
We value and
welcome your
feedback.