City Developments Limited - Annual Report 2021

CITY DEVELOPMENTS LIMITED ANNUAL REPORT 2021 SUSTAINABILITY 74 75 Total Energy used by CDL’s Operations in Singapore: Corporate Office, Managed Buildings, and Construction Sites (MWh) 5,733 44,368 651 4,538 42,485 527 9,956 39,278 450 7,100 33,125 331 13,756 30,764 326 50,752 47,550 49,684 40,556 44,846 Total Energy used by CDL’s Operations in Singapore and Six Key Subsidiaries (MWh) 50,752 47,550 49,684 40,556 44,846 2,041 1,025 790 330,439 47,459 190 292,667 299,647 19,728 5,268 3,004,369 CBM 132 607 940 966 CDLHT 41,501 40,657 44,800 33,168 City Serviced Offices 433 381 325 202 Notes: • From 2018, energy from fuel consumption has been included in data reported for CBM, CDLHT and Le Grove. * Data represents Le Grove Office only. Le Grove Serviced Residences was closed for renovation from December 2016 to July 2018. ** Operations of Ingensys was added upon acquisition by CBM in 2019. *** CBM and Le Grove’s 2020 values were corrected to include fuel consumption for vehicles. Notes: • Water used refers to potable water only. Industrial grade NEWater is not included in the amount of water used. • Water used at CDL Corporate Office pantries have been included for accuracy. Le Grove Tower Club M&C 507,724 492,784 546,560 983 1,008 1,017 762 5 1,045 2,084 1,990 347,230 SUSTAINABILITY BOARD STATEMENT 2017 2018 2019 2020 2021 2017 2018 2019 2020 2021 CDL Corporate Office CDL Managed Buildings CDL Construction Sites CDL 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 Total Water used by CDL’s Operations in Singapore: Corporate Office, Managed Buildings, and Construction Sites (m3) 158,765 339,143 2,857 28,999 311,533 2,898 69,462 313,507 4,067 94,546 191,164 2,404 120,155 170,697 1,814 500,765 343,430 387,035 288,114 292,667 CDL Corporate Office CDL Managed Buildings CDL Construction Sites Notes: • CBM and CSO are not represented here as they are tenants within a building and do not have separate meters to track respective water usage within their facilities. * Figures for CDL have been restated to include water consumption from Corporate Office pantries. # Le Grove Serviced Residences was closed for renovation from December 2016 to July 2018. CDL CDLHT Le Grove Tower Club Total Water used by CDL’s Operations in Singapore and Six Key Subsidiaries (m3) 500,765 343,430 387,035 288,114 2017 2018* 2019* 2020 493,028 514,207 353,202 239,622 2017 2018 2019 2020 2017# 2018# 2019 2020 11,638 31,229 19,002 0 7,235 7,692 8,860 5,685 2017 2018 2019 2020 M&C 4,582,223 4,445,746 4,441,932 2,888,659 2017 2017 2018 2018 2019 2019 2020 2020 2021 2021 2021 2021 2021 2021 SUSTAINABLE COMMUNITIES AND SOCIAL IMPACT Human Capital CDL is strongly committed to be an employer of choice where its people can build fulfilling careers and develop professionally in a conducive and inclusive working environment. As an affirmation of CDL’s proactive human resource policies and practices, CDL was named “Employer of Choice 2021” by HRD Asia, and also one of the “Best Companies to Work for in Asia” by HR Asia Awards Singapore 2021. As one of Singapore’s earliest corporate signatories to pledge support to the UN Global Compact, CDL has been upholding the principles on human rights and labour in its human resource practices. In addition, CDL has been a signatory of the Employers’ Pledge of Fair Employment Practices with the Tripartite Alliance for Fair and Progressive Employment Practices since 2008. Occupational Health and Safety The occupational health and well-being of CDL employees, as well as workers at construction sites andmanagedproperties, is vital for CDL’s long-term business viability. There were zero fatalities and no occupational diseases across CDL’s core operations in the year under review. Its overall minor injury rate is well below the industry average for 2021, based on figures provided by the Ministry of Manpower. While the minor injury rate in CDL’s Corporate Office and Property Development remained below the industry average, the minor injury rate in Asset Management exceeded the industry average. Similarly, CDL’s overall major injury rate exceeded the industry average mainly due to a single injury that occurred at the Whistler Grand construction site. Corrective actions for both minor and major incidents were immediately implemented, and learnings from all incidents were actively shared with the respective managers, EHS working committees and contractors. CDL takes a serious stance on occupational health and safety and is committed to continual improvement of safety practices. Job Creation and Employment As of 31 December 2021, CDL has a total of 408 employees for its core operations headquartered in Singapore, where most of its business in property development and assetmanagement is based, excluding hotel properties. Employee Retention CDL’s successful employee engagement is evident from its employees’ length of service. The average tenure of the CDL Corporate Office’s employees is about 8.7 years andmore than 51% of its employees have been with the Company for over five years. The CDL Corporate Office’s employee resignation rate of 14.0% continued to remain significantly lower Total Number of Employees at CDL’s Corporate Office 392 400 403 415 408 Employee Turnover Rate (%) at CDL’s Corporate Office 2017 2018 2019 2020 2021 16 17.3 16.1 7 14 22 22 21.6 18.6 19.2+ * Computation of annual employee turnover is based on cumulative monthly attrition rate derived from the number of resignations for the month / headcount for the month. + Extrapolated fromMOM’s website as Q4 2021 national resignation rate was not available at the time of publication. CDL* National Average than the national average of 19.2% in 2021. CDL experienced an involuntary turnover rate of about 4.7%, of which 1.7% is due to retirement. Training and Development In 2021, CDL invested over $480,000 in training and development for its Corporate Office. More than 14,000 training hours were clocked. An average of five training days was achieved across the workforce. Due toWFH arrangements, CDL expanded its suite of online learning offerings for its workforce.

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