TOWARDS CDL FUTURE VALUE 2030
2030 is a significant year for the global sustainable development and green building movement. It is the target year for the Paris Agreement on climate change and the United Nations Sustainable Development Goals (SDGs).
For the built industry, as part of the World Green Building Council's Net Zero Agenda, all new buildings and major renovations should be net zero starting in 2030. In Singapore, the Building and Construction Authority targets to green at least 80% of the nation's building stock by 2030.
Since 1995, CDL's ethos of "Conserving as we Construct" and integrating sustainability into its business has been fundamental to its corporate strategy. Through championing groundbreaking innovations and setting new benchmarks for responsible practices, CDL is committed to creating enduring value for its business, stakeholders, community and the environment. Over the past two decades, CDL's sustainability leadership and global presence have complemented the Group's expansion strategy.
To continue future-proofing its business and conquer new frontiers for sustained growth, CDL has launched a new sustainability blueprint — CDL Future Value 2030. In line with CDL's corporate vision of "Building Value for Tomorrow, Today", the blueprint sets out clear targets and Environmental, Social and Governance (ESG) goals to support CDL's long-term growth.
In support of Singapore's commitment to the Paris Agreement, Climate Action Plan and the Sustainable Singapore Blueprint, CDL has made a bold move to raise its carbon emission reduction target from 25% to 38% by 2030 against baseline year 2007.
Using the Sectoral Decarbonisation Approach, the enhanced target is set in line with climate science to limit global temperature rise to 2°C above pre-industrial levels.
To find out more about CDL Future Value 2030 and which SDGs are applicable to CDL, read pages 78 and 79 of CDL's Annual Report 2016.
BACK TO TOP
BACK TO CONTENTS