A property pioneer
since 1963, City Developments Limited (CDL) is a listed
international property and hotel conglomerate involved
in real estate development and investment, hotel ownership
and management, as well as the provision of hospitality
CDL has a global
presence in over 20 countries with 5 listed companies
on notable stock exchanges in Auckland, Hong Kong,
London, Manila and Singapore.
As the proxy to
the Singapore property market, CDL is backed by a
track record of some 22,000 luxurious and quality
homes and over 200 properties to our name in Singapore
and the region.
We are one of the
biggest landlords in Singapore with over 4 million
square feet of lettable office, industrial, retail
and residential space.
Singapore, we also own one of the largest land banks
amongst private developers with almost 4.5 million
square feet that has the potential of being developed
into more than 9 million square feet of Gross Floor
Our other subsidiaries
include the London-listed Millennium & Copthorne
Hotels plc (M&C), an international hotel group
which owns and operates over 110 hotels in 18 countries
and the Hong Kong-listed City e- Solutions Limited,
which provides technology solutions for the global
CDL (excluding subsidiaries)
employs over 300 employees at our headquarters in
The upcoming revolutionary
Eco-Quarter South Beach development will propel
Singapore towards greater heights in environmental
sustainability in the global arena.
For more information
on CDL’s financial performance, please go to
This is CDL’s
first dedicated report which describes our economic,
social and environmental activities. It provides information
on our performance, engagement with stakeholders and
addresses the social and environmental impacts that
are pertinent to our business.
The report focuses
on our principal business as a property developer.
Specifically, it takes a deeper look at our operational
functions in project development and property management
of both residential as well as commercial developments
in Singapore. It describes our activities which take
into consideration the well-being of the community
and environment in which we operate.
This report covers
solely our Singapore operations. Our subsidiary, M&C
shares its CSR activities in its Annual Report which
is available at www.millenniumhotels.com.
The Global Reporting Initiative
(GRI) G3 Guidelines was used to prepare this
report. Based on the GRI Application Level Criteria
for reporting, we self-declare this report to
be a Level C report. GRI has verified this Application
Level. References have also have made to the
UN Global Compact’s 10 Universal Principles.
Being our first
report, we have attempted, wherever possible, to share
3-year statistics to cover the reporting period between
January 2005 and December 2007 so as to provide meaningful
data for comparison and measurement.
As this report evolves
over the coming years, we will focus on improving
our environmental and social data management to enhance
our reporting and accountability. It is our aim to
collect and compile more comprehensive data on the
environmental impact and social performance of our
business operations in Singapore as we continuously
refine our methodology and expand our efforts.
We aim to publish
this Social and Environmental Report annually.
As part of our
environmental conservation efforts, only a limited
number of copies of this report has been printed.
However, this report can be downloaded here.
places high value on communication and
feedback through stakeholder engagement
which helps us improve. We welcome your
your feedback to:
Ms Esther An
Head of CSR
9 Raffles Place, #36-00 Republic Plaza
Republic of Singapore