CDL’s value creation business model is founded on our ethos of “Conserving as We Construct” since 1995. The model entails our role as a developer, an asset owner and a corporate citizen, and guides us in creating sustained value for our business and all our stakeholders. Our value creation model embraces the framework by the IIRC, which helps to make business and financial sense of ESG performance, as well as recommendations by the TCFD on voluntary and consistent climate-related financial risk disclosures. In 2019, we expanded our value creation business model to include SDG 3 (Good Health and Well-being), thus now aligning with 14 relevant SDGs.
CDL FUTURE VALUE 2030 SUSTAINABILITY BLUEPRINT
Building on our firm foundation in ESG management, in 2017, we strategically established the CDL Future Value 2030 sustainability blueprint, a detailed roadmap to help us achieve sustainable growth, while delivering on our purpose.
Introduced in 2017, the sustainability blueprint sets long-term ESG goals and targets towards 2030 – a milestone year for the SDGs, the Paris Agreement and green building movement. The interim targets are reviewed regularly to keep up to date with the latest developments.
Since July 2017, we also voluntarily publish an online quarterly sustainability report that tracks, measures and updates stakeholders of our progress towards key goals and targets set under the sustainability blueprint.