MANUFACTURED CAPITAL

SAFETY DESIGN AND CONSTRUCTION

As one of the top four material issues for the Group, advancing Workplace Safety and Health (WSH) while deepening meaningful community engagement is of utmost importance to us. We remain committed to working closely with industry peers, contractors, and the broader community to maintain rigorous WSH standards and enhance social resilience. Through shared expertise and collaboration, we drive impactful efforts that protect lives, support well-being, and cultivate a culture grounded in care and inclusivity.

OUR APPROACH TO EHS MANAGEMENT

The Company’s leadership places strong emphasis on Environment, Health and Safety (EHS) matters. Our Board of Directors, Management Executive Committee (ExCo) members, senior management and key executives across business units are committed to adhering to the Code of Practice for Chief Executives’ and Board of Directors’ WSH Duties (ACOP),¹ and guide the Company in establishing and maintaining effective EHS standards. Through the Company’s integrated EHS Management System (EHSMS), our leaders drive strategic initiatives to safeguard the safety and health of all employees and workers. Contracted site and building workers are not directly employed by the Company; however, they are safeguarded under the Company’s stringent health and safety management policies and procedures.

OUR STRATEGIC EHS FRAMEWORK

Our EHS management approach is anchored on three key pillars: Leadership, System and Culture, aligned with the ACOP and the 2024 Singapore’s WSH 3 ‘E’s (Empower, Ensure, Embrace) leadership framework campaign. These pillars guide our decision-making processes, ensuring robust oversight, proactive risk identification and mitigation measures across all business operations.

CDL’s Group CEO, Sherman Kwek, addressing staff at CDL’s GBDS Seminar 2025

EMPOWER (LEADERSHIP)

• WSH set as a regular item at main board meetings with EHS objectives and targets tracked and monitored
• The Company’s ExCo, senior management and key executives conduct monthly visits to our managed buildings, construction sites and hotels. In 2025, Gemba Walks were carried out at 14 locations. Through this, more than 530 employees and workers were engaged on WSH matters
• “Heat Stress Management” and “Slips, Trips and Falls” were two key areas that the Company focused on in 2025
• CDL was recognised by Workplace Safety & Health Council (WSHC) with the WSH Developer Award, marking our 13th win
• M&C Singapore nurtured its WSH culture through structured initiatives, proactive risk management and continuous staff engagement, including the enrolment of WSH Influencers

ENSURE (SYSTEM)

Certifications and Compliance

• 100% of the Company’s assets undergo hazard identification, risk assessment and risk control exercises, in line with ISO 45001 Management System requirements and local regulations

Risk Assessments and Incident Management

• The Group’s EHS Working Committee members lead exercises in their departments on routine and non-routine activities, conduct cross-departmental reviews and recommend risk mitigation measures methods that align with the hierarchy of controls², in consultation with the EHS department. The process establishes clear steps to reduce and eliminate identified hazards such as slips, trips and falls
• Our safety and precautionary measures are subject to regular risk assessment reviews and aligned with industry best practices
• Legal requirements are reviewed on a quarterly basis and assessed annually for compliance
• Periodic risk control and ad-hoc reviews are conducted whenever there are organisational changes, occurrence of incidents and/or employee feedback
• Well-established incident investigation and reporting procedures promptly address health and safety incidents
• Employees are reminded to avoid unsafe practices and are empowered to stop work and report any hazardous observations to their Head of Department (HOD), departments’ EHS representatives or the EHS department

Audits

• Regular training on ISO 14001 and 45001 standards for the EHS Working Committee and Internal Auditors, delivered by qualified training consultants to equip them with updated knowledge required for their roles

Education and Support Provision

• The Group promotes physical wellness through webinars and seminars on health-related topics such as hypertension, arterial health, and heart health, to raise awareness and encourage preventive care among employees
• We also introduced the CDL Well-thy Bingo Challenge, a fun and engaging initiative designed to motivate and encourage collective participation with colleagues, fostering a supportive culture of wellness both at work and beyond

Workplace Wellness

• Employee Assistance Programme (EAP) at the Company provides support for employees and family members on issues concerning work, family matters and interpersonal relationships. The EAP hotline is manned by a third-party psychologist to ensure confidentiality
• Health and well-being champions from the Company and CBM Pte Ltd regularly plan a variety of programmes that cater to our multigenerational workforce
• In 2025, CDL engaged a qualified external trainer to conduct training for 37 nominated staff across the Group on psychosocial risk management. Participants were equipped with foundational psychological first aid skills

EMBRACE (CULTURE)

Trainings

• Employees are encouraged to attend external EHS conferences, training courses and workshops, publicised every quarter on the Company’s intranet
• Annual EHS workshops, learning trips and trainings are organised to increase employees’ awareness of EHS-related risks; Other learning trips covered circular economy topics including how repurposed materials were used to rejuvenate and revitalise City Square Mall, and biodiversity protection during construction of buildings
• The 2025 GBDS Seminar was attended by nearly 300 employees across the Group. Topics covered include WSH, green building, decarbonisation, environment and waste management.
• 5-Star EHS seminars are organised by the Company on a quarterly basis to engage contractors and main consultants on EHS topics ranging from WSH, human rights and related trends and guidelines

Communication Channels

• The Company produces communication materials, including advisories and monthly bitesized updates, to keep staff informed about the latest developments in EHS, green building and decarbonisation
• “EHS Matters”, an open reporting system, was incorporated in our tenant app CityNexus to empower staff to share EHS-related feedback and suggestions. Submissions can also be made through CDL’s intranet

Recognition and Incentives

For Employees:

• Introduced our inaugural EHS Awards to recognise and motivate the Group’s employees for their EHS contributions

Celebrating award recipients from across the Group at the CDL EHS Awards 2025.

For Supply Chain:

• Established since the early 2000s, the Company’s EHS Policy and CDL 5-Star EHS Assessment have been continually enhanced in standard and scope
• The CDL 5-Star EHS Assessment also recognises and awards contractor companies that are exemplary in EHS excellence and workers’ welfare, and workers who exhibit good safety behaviour. In 2025, all our nine construction sites averaged above 90% of the total score for their EHS performance
• Launched in 2005, the CDL 5-star EHS Excellence Awards recognises exemplary builders and workers who have excelled in the CDL 5-Star EHS Assessment during each reporting year. In 2025, our construction sites scored the highest rating of five stars, determined by the average performance across the year
• To appreciate our contractors and workers, the Company organises the annual CDL EHS Sports Challenge to promote WSH and foster workers’ camaraderie through sports and interactive activities. In 2025, more than 160 migrant workers, subcontractors, and consultants gathered at the Singapore University of Technology and Design stadium for competitive tele-matches, games and educational exchanges on WSH practices