Sustainability Report 2015

The long-term viability of our business depends on the sustainability of the environment. Natural resources provide the materials that enable us to build and manage our properties, and is vital to our business capacity to create safe and efficient spaces which our customers live, work and play in. At CDL, we are committed to better understanding our environmental impacts and mitigate the potential risks associated with our operations.

According to the United Nations Environment Programme, globally, buildings use about 40% of energy, 25% of water, 40% of resources and release approximately 30% of greenhouse gas (GHG) emissions.

With a total land area of about 710 km2, the lack of land and natural resources has caused Singapore to rely heavily on imported resources including energy and water.

Singapore’s population is expected to grow from the current 5.47 million to 6.9 million by 2030. This will inevitably cause a strain on our land and increase Singapore’s dependency on imported resources. Yet, the world’s natural resources are not infinite. It is estimated that the world currently consumes 1.5 planets’ worth of natural resources, beyond its natural capital25.

As a forward-looking company, sustainable development has long been CDL’s business imperative, vital to our long-term growth. By institutionalising our ethos of “Conserving as we Construct” into all aspects of our operations, CDL has relentlessly pursued sustainable development to reduce impact on the environment.

Apart from setting the strategic sustainability direction for all departments and employees, we have integrated an Environmental, Health and Safety (EHS) policy into our business operations and incorporated measures to mitigate environmental impact, conserve resources and minimise pollution at all CDL’s construction sites and properties.

CDL actively evaluates the key significant environmental aspects at our construction sites, commercial and industrial buildings, and our Corporate Office. From our continuous assessment, we know that energy use, water use, waste generation and carbon emissions are the most significant environmental aspects of our business. We also monitor other aspects such as environmental compliance, biodiversity and noise.

25 Source: World Wide Fund for Nature (WWF) Living Planet Report 2014