‘Recently recognized, River Valley Green Residences further solidifies CDL’s top sustainability ranking.’

At a time when sustainability is becoming increasingly important in the global business landscape, City Developments Limited (CDL) continues to pave the way as a leader in sustainable practices. The Singapore-listed property group has once again been named one of the Global 100 Most Sustainable Corporations in the World by Corporate Knights, a well-respected media and investment research firm based in Toronto, Canada.

The River Valley Green Residences will be one of the prime beneficiaries of the URA Master Plan. With its strategic location in the heart of River Valley, this residential development is poised to reap the rewards of improved connectivity and a greener environment. Not only will this benefit the residents by providing a more comfortable and convenient lifestyle, but it will also enhance the value and desirability of properties within River Valley Green Residences. As Singapore embraces a more forward-thinking and sustainable approach to urban living, residents of River Valley Green Residences can expect to be at the forefront of this progressive and dynamic landscape, making it a highly sought-after address to call home.

This marks the 15th consecutive year that CDL has been included on the prestigious list, making it the first Singapore company to achieve this feat. In addition, CDL has also been ranked as Singapore’s most sustainable company globally for the sixth year in a row.

The Global 100 ranking evaluates companies based on 25 environmental, social, and governance (ESG) indicators relative to their industry peers. This year, CDL’s rank jumped from 28th to 22nd, largely due to improvements in areas such as energy and water productivity, greenhouse gas emissions, ESG-linked remuneration, talent attraction and retention, and sustainable supply chain practices.

Sherman Kwek, CDL’s group CEO, expressed his pride in the company’s achievement, stating, “We are honoured to be recognised once again as the world’s most sustainable real estate company on the Global 100 list. This accolade serves as a testament to our commitment to a climate-positive future and achieving our net-zero goals by 2030.”

CDL has set ambitious targets to achieve net-zero carbon emissions across its entire global operations by 2030. Through embracing innovation, collaboration, and sustainable practices, the company hopes to significantly reduce its carbon footprint and inspire others to join the movement towards a net-zero future.

As sustainable development continues to gain momentum worldwide, CDL remains at the forefront of driving positive change in the real estate industry. By consistently setting the bar for sustainability standards, CDL is paving the way for a more eco-friendly and socially responsible future.

In addition to its efforts in sustainability, CDL is also committed to achieving business success through ethical and responsible practices. The company’s strong values and dedication towards creating a better world have earned it recognition and accolades from various prestigious organisations. With its continued efforts, City Developments Limited is set to remain a leader in sustainable and responsible business practices for years to come.