CDL’S VALUE CREATION MODEL A Two-Pillar ESG Disclosure & Reporting Framework, Capturing Value and Impact Embracing Major ESG Standards & Frameworks and 15 UN SDGs TOWARDS A NET-ZERO AND NATURE-POSITIVE FUTURE + Since 2008 Impact Value + Build Sustainable Profitability while Conserving the Environment Build Quality, Green and Innovative Spaces Build Organisational Resilience and Employee Commitment Build Partnerships and Bonds with the Community ESG INTEGRATION SINCE 1995 FUTURE-PROOFING BUSINESS SUSTAINABILITY BLUEPRINT: CDL FUTURE VALUE 2030 COMMITMENT TOWARDS NET-ZERO CARBON CONSERVING AS WE CONSTRUCT SINCE 1995 INTEGRATED APPROACH SINCE 2015 FINANCIAL CAPITAL MANUFACTURED CAPITAL INTELLECTUAL CAPITAL SOCIAL & RELATIONSHIP CAPITAL HUMAN CAPITAL NATURAL CAPITAL Copen Grand, it implemented a carbon sequestration and activation system for ready-mixed concrete for the clubhouse structures. The concrete has up to 80% cement replacement and uses carbon dioxide to enhance the properties of the concrete. In 2022, the Company replaced diesel-powered generators at its Irwell Hill Residences construction site with an energy storage system, reducing constructionrelated carbon emissions by up to 80%. This system has since expanded to five more ongoing residential projects. To further reduce energy use and operational emissions, CDL has installed a smart lighting system in its corporate office at Republic Plaza and piloted a predictive machinelearning model for chiller systems and air handling units (AHUs) at City House. These efforts have resulted in about 12% reduction in air conditioning and mechanical ventilation (ACMV) energy consumption. Additionally, a trial using low-pressure drop filters for three AHUs improved air filtration efficiency and reduced energy consumption by about 15%. The intersection of nature loss with climate change and human health has been increasingly acknowledged in the past year.4 CDL believes that innovative applications of nature-based solutions can accelerate the cooling of highdensity urban spaces. CDL pioneered the first researchdriven microforest at City Square Mall, our retail eco-mall in Singapore located in a high-density neighbourhood. This initiative embodies a forward-thinking approach to climate resilience and urban biodiversity. The CDL MicroForest serves as a living lab, demonstrating how nature-based solutions, such as naturalised landscapes, can significantly reduce urban heat, promote biodiversity and enrich communities. CDL aims to be a leader in shaping sustainable urban spaces while inspiring others to scale these transformative practices across developments. 4 “Natural capital went mainstream in 2024 – what’s next for 2025?”, Eco-Business, 21 January 2025 SUSTAINABILITY BOARD STATEMENT SUSTAINABILITY CITY DEVELOPMENTS LIMITED 48
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