WATER REDUCTION STRATEGY AND PERFORMANCE
Managing our water supply is critical as our core activities are water-intensive and highly dependent on a reliable supply of water. The Company adopts a holistic approach in maintaining and enhancing the efficiency, resilience and value of our assets with sound water management practices. This allows us to deliver both a reliable supply of water and cost savings to our homeowners and tenants.
Within our managed buildings, the Company draws both potable and NEWater (for non-potable use) from PUB’s utility network, for building operations and maintenance activities. For commercial buildings, water is utilised for cooling towers, toilets, pantries, water features, irrigation and washing activities. At our construction sites, potable water is used mostly by our contractors for sanitation purposes.
Note: | |
• | All potable water withdrawal comes from a single third-party water source supplied by PUB. The breakdown of water sources is based on PUB’s Our Water, Our Future report |
• | Based on PUB’s Our Water, Our Future report, all potable water and NEWater are categorised as freshwater with Total Dissolved Solids levels of ≤1,000 mg/L |
• | Based on WRI’s Technical Note on Aqueduct Projected Water Stress Country Rankings, the entire area of Singapore is identified to be of high physical risk. The physical risk tool identifies areas of concern exposed to water risks (e.g. droughts or floods) that may impact short- or long-term water availability. As such, all water withdrawal is from water stress areas |
Water Reduction Initiatives
The Company monitors water consumption monthly and annually to detect any anomalies in water usage that may require attention, and identify buildings that may be heavy water consumers, respectively. To reduce reliance on potable water, the Company uses NEWater from Singapore for our operations, where possible.
To date, 100% of the Company’s managed buildings have been certified as “Water-Efficient Buildings” by PUB for outstanding water conservation efforts. Recognising that water conservation is a shared responsibility, the Company engages our tenants and homebuyers through initiatives such as our Green Lease Partnership Programme and Green Living Guide. These initiatives promote good water conservation practices that complement the Company’s water-efficient design and features in our buildings.
Water Efficiency and Reduction Performance
Holistic water management enhances the long-term value of our assets and developments. In light of this, we have continuously implemented water conservation initiatives and tracked our water performance since 2007. The Company achieved the 2024 CDP A List in “Water Security”, marking the sixth year of this recognition and an affirmation of our robust water management strategy. We also received the PUB’s ABC Waters Certification for Irwell Hill Residences, a certification given to recognise public agencies and private developers who embrace the ABC Waters concept and incorporate ABC Waters Design Features in their developments. To maintain our strong track record, we regularly review the water management plans for all our properties and introduce initiatives where areas for improvement are identified.
In 2024, water intensity at our corporate office and construction sites increased slightly due to a growth in headcount and expanded floor area under construction. Our managed buildings also experienced a slight increase in water use intensity due to increased footfall. Efforts are underway to optimise water usage.
Notes | |
• | Water used and water use intensity are for potable water only. Industrial grade NEWater usage is not included in the amount of water used. |
• | Total amount of water withdrawn is the same as total amount of water discharged into third-party water (i.e., PUB sewers) with negligible amounts of water consumed. Hence, the total amount of water used is reported here. |
Notes | |
Managed Buildings | |
• | Water used refers to potable water only. Industrial grade NEWater is not included in the amount of water used |
Construction Sites | |
• | Water use intensity for on-site dormitories is not included |
Note: | |
^ | CDL refers to our operations that cover corporate office, managed buildings and construction sites in Singapore. |
* | CBM Pte Ltd data has been included for 2024 to report on its fully owned Systematic Laundry & Healthcare Services Pte Ltd (SLHS) and CBM Pte Ltd’s corporate office’s water use. |
** | City Serviced Offices data has been included for 2024 as meters have been installed to track water usage within their facilities. |