CITY DEVELOPMENTS LIMITED ANNUAL REPORT 2021 SUSTAINABILITY 72 73 Future Value 2030 Goals 2030 Targets Interim 2021 Annual Targets FY2021 Performance Property Development (PD)7: Achieve an energy use intensity of 95 kWh/m2 Achieve a water use intensity of 1.54m3/m2 Achieve a waste intensity of 40 kg/m2 4 Energy use intensity: ≤105 kWh/m2 Water use intensity: ≤1.75 m3/m2 Waste intensity: ≤50 kg/m2 Energy use intensity: 107.09 kWh/m2 Water use intensity: 0.70 m3/m2 Waste intensity: 45.79 kg/m2 Environmental performance reported for The Tapestry, which obtained TOP status in February 2021 Ensure 100% of appointed suppliers8 are certified by recognised EHS standards ≥90% of suppliers appointed by AM; 100% of main contractors and ≥90% of key consultants appointed by PD 93% of AM appointed suppliers; 100% of main contractors and 100% of key consultants appointed by PD Reduce embodied carbon of building materials by 24% compared to their conventional equivalents 7% reduction for new projects awarded from 2018 onwards Performance is on track to meet target. Data will be reported at end of 20229 when projects obtain TOP. Goal 3: Ensuring Fair, Safe and Inclusive Workplace Maintain zero corruption and fraud incidents across CDL’s operations Zero Zero corruption and fraud incident Maintain zero fatality across CDL’s operations and direct suppliers in Singapore Zero Zero fatality Maintain zero occupational disease across CDL’s operations and direct suppliers in Singapore Zero Zero occupational disease Maintain a Major Injury Rate (Major IR)10 of 10.0 across CDL’s operations and direct suppliers in Singapore ≤16.7 35.1 Major IR11 Maintain a Minor Injury Rate (Minor IR)10 of 250.0 across CDL’s operations and direct suppliers in Singapore ≤354.7 175.5 Minor IR SUSTAINABILITY BOARD STATEMENT Notes: 7 For projects that obtain TOP status for the reporting year. The Tapestry obtained TOP status in February 2021. 8 These refer to suppliers appointed by AM, and main contractors and key consultants (architects, civil and structural engineers, mechanical and electrical engineers) appointed by PD. 9 Based on the lifecycle of CDL’s project developments, embodied carbon data for building materials is only available three to four years after a project has been awarded. Data reporting has been restated from end-2021 to end-2022 due to a delay in construction activities caused by COVID-19. 10 Major and Minor IR refer to the number of major and minor workplace injuries per 100,000 persons employed, respectively. For the definition of Major and Minor IR, please refer to the Ministry of Manpower’s (MOM) website. 11 There was one reported Major Injury (as per MOM definition) that occurred at the Whistler Grand development in Q4 2021. Corrective action was implemented on site and reviewed. ENVIRONMENTAL IMPACT AND PERFORMANCE To decarbonise effectively to meet its net zero goals, CDL enforces robust policies and engagement practices to mitigate its environmental impact. Under the company-wide Sustainability Committee, the Environment Sub-Committee identifies significant environmental aspects and manages impact that results from CDL’s corporate operations, property development and facilities management activities. The Company continually tracks its material environmental aspects, which include carbon emissions, energy use, water use, waste, and resource management. Under Property Development, the finalised energy use intensity for the completed project, The Tapestry, has marginally missed the interim 2021 target. Moving forward, CDL has started piloting a smart energy storage system to replace the traditional diesel-powered generator to reduce its carbon footprint. The following charts detail CDL’s environmental performance of its operations in Singapore excluding hotel properties, unless otherwise stated. Figures stated in charts may not add up due to the rounding of decimals. For any clarifications required for performance data, please refer to CDL Integrated Sustainability Report 2022. Total Carbon Emissions from CDL’s Operations in Singapore: Corporate Office, Managed Buildings and Construction Sites (Tonnes CO2e) 459 157 (0) 19 155 125 (0) 6 79 127 (0) 4 2017 2017 2018 2018 2019 2019 2020 2020 2017 2018 2019 2020 2021 2017 2018 2019 2020 2021 2017 2018 2019 2020 2021 2017 2018 2019 2020 2021 2017 2018 2019 2020 2021 2017* 2018* 2019 2020 2021 2017 2018 2019** 2020 2021 2017 2018 2019** 2020 2021 2021 2021 492 224 31 410 183 (0) 22 CDL Corporate Office 747 615 (432) 635 (478) 286 (161) 210 (83) Note: • In accordance with Greenhouse Gas (GHG) Protocol, Scope 2 emissions are calculated using both locationbased and market-based methods. The figures shown in brackets represent calculations using a market-based method and includes the reduction in emissions from the purchase of renewable energy certificates (RECs). Scope 1 Scope 2 Scope 3 CDL Construction Sites 2,147 0 0 2,147 1,277 0 0 1,277 2,780 0 0 2,780 2,405 0 0 4,076 0 0 2,405 4,076 CDL Managed Buildings 22,895 22,327 (22,124) 19,719 (19,071) 17,243 (16,184) 17,198 (16,591) 2,973 16,363 (15,715) 383 2,330 13,464 (12,405) 1,449 2,043 12,513 (11,906) 2,642 3,614 18,682 599 3,112 17,691 (17,488) 1,524 Total Carbon Emissions from CDL’s Operations in Singapore and Six Key Subsidiaries (Tonnes CO2e) CDL 6,253 18,906 630 4,799 17,874 1,546 6,212 16,520 402 4,889 13,589 1,455 6,199 12,640 2,645 CBM 43 56 144 36 56 117 43 126 158 16 81 193 13 84 208 CDLHT 7,182 10,570 6,896 6,661 6,570 5,530 2,607 5,756 3,607 1,725 10,266 5,227 5,622 6,967 3,426 City Serviced Offices 31 184 0 24 160 0 22 136 0 13 83 0 12 78 0 25,789 243 24,648 215 24,219 209 16,015 184 23,134 327 18,761 158 19,934 21,484 291 305 11,970 17,218 96 90 Notes: * Data represents Le Grove Office only. Le Grove Serviced Residences was closed for renovation from December 2016 to July 2018. ** Data for M&C excludes carbon emissions from franchised hotels as they are managed by third party operators and CDL does not have direct operational control over them. Le Grove 0 2 0 79 437 1 174 872 1 152 808 0 137 824 1 Tower Club 77 417 0 72 422 0 78 426 0 55 311 0 52 322 0 M&C 60,358 144,190 50,024 48,649 140,018 48,218 30,228 96,149 39,372 28,467 92,108 36,522 51,686 140,729 54,952 254,572 236,885 247,367 165,749157,127 2 494 517 494 1,047 504 960 963 367 375 Scope 1 Scope 2 Scope 3
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