Although such a report is still uncommon in Singapore,
CDL is voluntarily disclosing the information as the
Company strongly respects and upholds the principles
of corporate transparency and open communication.
At CDL, we believe that reaching out, sharing our
progress and being responsive to our key
stakeholders is vital in sustaining the success and
growth of the Company. The accomplishments we have
made so far would not have been realised without your
While much effort
has been taken to collate the information in this
report, this only represents a turning point in our
CSR journey. We recognise that there is still a long
road of progression and innovation ahead.
With this report,
CDL is committed to setting targets to not only improve
our social and environmental performance, but to start
tracking and measuring our efforts, where possible.
It is our goal to publish this report annually to
keep our stakeholders abreast of our activities and
With the weakened
economic climate triggered by the US sub-prime crisis,
2008 will be a challenging year for many corporations.
Amidst these business challenges, CDL remains fully
committed to continue to invest time and resources
to sustain our CSR initiatives and programmes. CSR
remains an integral part of
our corporate vision and culture. Our journey will
continue to evolve and respond to the changing needs
of our stakeholders, mindful of our role as a responsible