City Developments Limited - Annual Report 2021

CITY DEVELOPMENTS LIMITED ANNUAL REPORT 2021 OVERVIEW 10 11 S U S T A I N A B I L I T Y Changing the present to protect the future REIMAGINING TOMORROW 114 BCA GREEN MARK Certifications for its developments and office interiors. Most-awarded BCA Green Mark Platinum listed developer NET ZERO OPERATIONAL CARBON BY 2030 First Singapore real estate developer to sign World Green Building Council (WorldGBC)’s Net Zero Carbon Buildings Commitment CDL is well placed to navigate the ever-evolving sustainability landscape global ly and local ly. For the past two decades, Environmental, Social and Governance (ESG) integration has been a fundamental aspect of CDL’s business strategy. By holding true to our corporate ethos of “Conserving as we Construct”, we continue to drive long-term sustainability and value creation for our businesses and stakeholders, building a climate-resilient future. As a demonstration of our commitment, in February 2021, we pledged to achieve net zero in operational carbon by 2030, and expanded this commitment towards a net-zero whole life carbonbuilt environment in November 2021. In December 2021, we also aligned ourselves with even more ambitious SBTi-validated carbon emissions reduction targets that are aligned with a 1.5°C warmer scenario. Through these goals, we boldly pave the way ahead for a greener built environment. ACHIEVED ENERGY SAVINGS OF >$34 MILLION across all managed properties from 2012 to 2021 SINGAPORE GOVERNANCE AND TRANSPARENCY INDEX 2021 #4 out of 519 companies >$3 BILLION in sustainable financing secured since 2017 via a green bond, various green loans and a sustainability-linked loan CDL Green Gallery I Singapore Ranked world's top real estate management and development company for four consecutive years, and only Singapore company listed for 13 consecutive years RANKED ON 13 LEADING GLOBAL SUSTAINABILITY RATINGS AND RANKINGS Only Singapore real estate company listed since 2018 One of 45 global companies and only Singapore recipient of the Terra Carta Seal from His Royal Highness (HRH) The Prince of Wales Only company in Southeast Asia and Hong Kong to achieve double 'A' honour for both climate change and water security for 3rd consecutive year

RkJQdWJsaXNoZXIy ODIwNTc=