CDL FUTURE VALUE 2030 SUSTAINABILITY BLUEPRINT

At the core of the CDL value-creation business model is our ethos of "Conserving as We Construct" established since 1995. The model has evolved over the years to address the fast-changing environmental and business landscape. It embraces the framework by the International Integrated Reporting Council (IIRC) to make business and financial sense of ESG performance. The model has strengthened our ESG policies and practices, and is aligned to global best standards including the UN Sustainable Development Goals (SDGs) and Task Force on Climate-related Financial Disclosures (TCFD) framework. Today, CDL’s unique ESG integration model, which entails our role as a developer, an asset owner and a corporate citizen, continues to create sustained value for our business and stakeholders.

CDL Future Value 2030

Building on our firm foundation in ESG management, in 2017, we strategically established the CDL Future Value 2030 sustainability blueprint. It forms an integral part of our integrated sustainability strategy which continues to harness our six capitals – financial, organisational, natural, manufactured, human as well as social and relationship – to realise our corporate vision of ‘Building Value for Tomorrow, Today.’

A forward-looking action plan, the new blueprint sets out long-term ESG goals and targets towards 2030 – a milestone year for global sustainable development, climate agreement and green building movement. Delivering on three strategic goals, a set of targets is clearly defined to address ESG issues which are material to our business and stakeholders, while contributing to the United Nations Sustainable Development Goals (SDGs) and Paris Agreement.

Voluntary Quarterly Report

Through a Quarterly Sustainability Report launched in July 2017, we have been tracking, measuring and reporting our progress towards the targets established under the CDL Future Value 2030 blueprint. The voluntary disclosure provides regular and timely review of ESG performance against the committed targets, and more prompt and transparent communication to our investors and stakeholders.