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CORPORATE PROFILE

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 solutions.

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.

In land-scarce 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 Area (GFA).

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 hospitality industry.

CDL (excluding subsidiaries) employs over 300 employees at our headquarters in Singapore.

The upcoming revolutionary Eco-Quarter South Beach development will propel Singapore towards greater heights in environmental sustainability in the global arena.

FINANCIAL HIGHLIGHTS

For more information on CDL’s financial performance, please go to www.cdl.com.sg.

ABOUT THIS REPORT

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.

SCOPE OF THE REPORT

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.

STANDARDS OF MEASUREMENT

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.

STATISTICS AND REPORTING PERIOD

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.

ACCESSIBILITY

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.

FEEDBACK CHANNEL

CDL places high value on communication and feedback through stakeholder engagement which helps us improve. We welcome your feedback.

Send your feedback to:

Ms Esther An
Head of CSR
9 Raffles Place, #36-00 Republic Plaza
Singapore 048619
Republic of Singapore

csrenquiries@cdl.com.sg


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