{"id":66272,"date":"2017-09-13T09:56:30","date_gmt":"2017-09-13T02:56:30","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/cdl-wins-inaugural-singapore-sustainability-reporting-awards\/"},"modified":"2017-09-13T09:59:36","modified_gmt":"2017-09-13T02:59:36","slug":"cdl-wins-inaugural-singapore-sustainability-reporting-awards","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cdl-wins-inaugural-singapore-sustainability-reporting-awards\/","title":{"rendered":"CDL wins inaugural Singapore Sustainability Reporting Awards"},"content":{"rendered":"


\n11 Tampines Concourse is the first CarbonNeutral development in Asia Pacific and Singapore. (Photo: CDL)
\nCity Developments Limited (CDL) has received the \u2018Best Sustainability Report for Established Reporters (Mainboard and Catalist)\u2019 at the inaugural Singapore Sustainability Reporting Awards (SSRA) held on Tuesday (12 September).
\nOrganised by the Singapore Institute of Directors (SID) and EY Singapore, the SGX-supported awards recognise excellence among SGX Catalist-listed and Mainboard-listed companies that produce sustainability reports.
\nSEE ALSO: CapitaLand receives global recognition for sustainable practices
\nThe judging panel at the SSRA commended the property developer for its strategic Environmental, Social and Governance (ESG) integration and value creation model as well as its newly introduced sustainability blueprint \u2018CDL Future Value 2030\u2019.
\nCDL also emerged as the Regional Sector Leader for the Office Sector in Asia in this year\u2019s Global Real Estate Sustainability Benchmark (GRESB).
\nAs such, the company is listed on 12 leading global sustainability benchmarks, which includes the Dow Jones Sustainability Indices, FTSE4Good Index Series, Global 100 Most Sustainable Corporations and MSCI Global Sustainability Indexes.
\nAccording to CDL chief sustainability officer Esther An, the growing recognition of the strategic connection between business performance and sustainability saw governments and the international investment community \u201cincreasingly holding corporations accountable for ESG factors\u201d.
\n\u201cFor instance, businesses can no longer ignore the impact of climate change risks on their bottom line. In Singapore, businesses that do not adopt sustainable practices may face reputational or operational risks that will impact their license to operate, and be exposed to higher operating costs, with the water price increase and impending carbon tax.\u201d
\nIn fact, sustainability reporting has become mandatory for listed companies in most Asian markets, including Malaysia, Singapore, Indonesia, Taiwan and Thailand, she said.
\n\u00a0
\nRomesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email\u00a0romesh@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…CDL wins inaugural Singapore Sustainability Reporting Awards<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

11 Tampines Concourse is the first CarbonNeutral development in Asia Pacific and Singapore. (Photo: CDL)...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-66272","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-heU","jetpack-related-posts":[{"id":105873,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cdl-clinches-500m-green-loan-for-new-development-projects\/","url_meta":{"origin":66272,"position":0},"title":"CDL clinches $500m green loan for new development projects","date":"April 8, 2019","format":false,"excerpt":"\r 11 Tampines Concourse is the first CarbonNeutral development in Asia Pacific and Singapore. (Photo: CDL) City Developments Limited (CDL) has secured its first green loans which amounted to $500 million, revealed the property developer in an SGX filing last Friday (April 5). This comes after DBS Bank, the advisor\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":20886,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/real-estate-heads-shine-at-corporate-sectors-oscars\/","url_meta":{"origin":66272,"position":1},"title":"Real estate heads shine at corporate sector\u2019s Oscars","date":"July 20, 2016","format":false,"excerpt":"\r Frasers Centrepoint was one of the night\u2019s big winners. Real estate industry chiefs clinched some of the top awards at this year\u2019s Singapore Corporate Awards, considered the Oscars of the local corporate sector. Frasers Centrepoint\u2019s Lim Ee Seng won the Best CEO award for large-caps, while William Liem of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":35806,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cdl-dominates-south-east-asia-property-awards-singapore-2016\/","url_meta":{"origin":66272,"position":2},"title":"CDL dominates South East Asia Property Awards (Singapore) 2016","date":"November 25, 2016","format":false,"excerpt":"\r CDL took home the year\u2019s highest honour for Best Developer in Singapore. Property giant City Developments Limited (CDL) emerged as the big winner at the annual South East Asia Property Awards (Singapore) 2016. A total of 20 awards were handed out last night (24 November) at a glitzy gala\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":41014,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cdl-ranked-top-singapore-company\/","url_meta":{"origin":66272,"position":3},"title":"CDL ranked top Singapore company","date":"January 18, 2017","format":false,"excerpt":"\r South Beach is a new sustainable development in Singapore. (Photo: Christopher Chitty) City Developments Limited (CDL) has been named the top Singapore company for sustainability, and the most sustainable corporation in real estate management and development, in the prestigious Global 100 Most Sustainable Corporations in 2017. Aside from clinching\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":85062,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lian-beng-unit-gunning-for-catalist-listing\/","url_meta":{"origin":66272,"position":4},"title":"Lian Beng unit gunning for Catalist listing","date":"April 12, 2018","format":false,"excerpt":"\r Artist\u2019s impression of KAP & KAP Residences, a mixed-use project by SLB Development. SLB Development, a spin-off from mainboard-listed Lian Beng Group, is seeking to be listed on the Singapore Exchange\u2019s Catalist Board. The property developer is offering 238 million shares at $0.23 each, comprising 230 million shares by\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":58743,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/building-a-green-city\/","url_meta":{"origin":66272,"position":5},"title":"Building a green city","date":"June 23, 2017","format":false,"excerpt":"\r View of Gardens by the Bay, a huge nature park in the city.\u00a0\u00a0 Singapore remains committed to reducing greenhouse gas emissions in the next 10 years. In line with this, several real estate companies are doing their part to build a more sustainable city.\u00a0\u00a0\u00a0\u00a0 By Romesh Navaratnarajah\u00a0 At over\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2017\/06\/Ms-Esther-An-670x1024.jpg?fit=670%2C1024&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/66272"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=66272"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/66272\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=66272"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=66272"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=66272"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}