CITY DEVELOPMENTS LIMITED ANNUAL REPORT 2022 SUSTAINABILITY 78 79 Future Value 2030 Goals 2030 Targets7 Interim 2022 Annual Targets7 FY2022 Performance Property Development (PD)13: Achieve an energy use intensity of 95 kWh/m2 Achieve a water use intensity of 1.54 m3/m2 Achieve a waste intensity of 40 kg/m2 11 Energy use intensity: ≤105 kWh/m2 Water use intensity: ≤1.72 m3/m2 Waste intensity: ≤50 kg/m2 Energy use intensity: 63 kWh/m2 Water use intensity: 0.98 m3/m2 Waste intensity: 28 kg/m2 Ensure 100% of appointed suppliers14 are certified by recognised EHS standards 100% of vendors appointed by AM; 100% of main contractors and ≥90% of key consultants appointed by PD 100% of AM appointed vendors; 100% of main contractors and key consultants appointed by PD Reduce embodied carbon of building materials by 41% compared to 2016 baseline 7% reduction for new projects awarded from 2018 onwards 22% reduction compared to conventional equivalents Goal 3: Ensuring Fair, Safe and Inclusive Workplace Maintain zero corruption and fraud incidents across CDL’s core operations Zero Zero corruption and fraud incidents Maintain zero fatality across CDL’s operations and direct suppliers in Singapore Zero 1 fatality15 Maintain zero occupational disease across CDL’s operations and direct suppliers in Singapore Zero Zero occupational disease Maintain a Major Injury Rate (Major IR)16 of 10.0 across CDL’s operations and direct suppliers in Singapore ≤16 28.9 Major IR17 Maintain a Minor Injury Rate (Minor IR)16 of 460.0 across CDL’s operations and direct suppliers in Singapore ≤633.7 260.1 Minor IR Notes: 13 For projects that obtained TOP status for the reporting year. 14 These refer to vendors engaged for proprietary equipment service and maintenance, facility management, security and cleaning service appointed by AM, and main contractors and key consultants (architects, civil and structural engineers, mechanical and electrical engineers) appointed by PD. 15 There was one reported fatality case that occurred at Copen Grand site in Q4 2022. Investigation is still on going by Main Contractor and MOM. Site specific corrective action had been implemented on site and reviewed based on preliminary investigation reports. 16 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. 17 There was one reported Major injury (as per MOM’s definition) that occurred at Orchard Boulevard Mixed Development in Q2 2022. Corrective action had been implemented on site and reviewed. ENVIRONMENTAL IMPACT AND PERFORMANCE 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. 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’s ISR 2023. Total Carbon Emissions from CDL’s Operations in Singapore: Corporate Office, Managed Buildings and Construction Sites (Tonnes CO2e) 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 CDL Corporate Office Notes: • In accordance with Greenhouse Gas (GHG) Protocol, Scope 2 emissions are calculated using both location-based 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 3 emissions for CDL construction sites were restated from 2019 to 2021 to account for a negative 576 MWh electricity adjustment by the electricity vendor for Whistler Grand site in February 2022 that is distributed equally throughout the project’s construction period. Scope 1 Scope 2 Scope 3 Scope 1 Scope 2 Scope 3 CDL Construction Sites CDL Managed Buildings Total Carbon Emissions from CDL’s Operations in Singapore and Six Key Subsidiaries (Tonnes CO2e) CDL CBM CDLHT^^ City Serviced Offices Notes: # 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. ^ Scope 3 emissions for CDL construction sites and total carbon emissions for CDL were restated from 2019 to 2021 to account for a negative 576 MWh electricity adjustment by the electricity vendor for Whistler Grand site in February 2022 that is distributed equally throughout the project's construction period. ^^ As at 31 December 2022, CDLHT is an associate of the Group (instead of a subsidiary), following an accounting deconsolidation in May 2022. However, CDLHT remains a key associate of the Group and its environmental performance is accounted for under the Group's current SBTi-validated Scope 3 carbon emissions reduction target for 1.5 degree warmer scenario. SUSTAINABILITY BOARD STATEMENT 615 (432) 410 183 (0) 22 635 (478) 459 157 (0) 19 286 (161) 155 125 (0) 6 210 (83) 79 127 (0) 4 544 (410) 407 134 (0) 4 22,327 (22,124) 3,112 17,691 (17,488) 1,524 19,719 (19,071) 2,973 16,363 (15,715) 383 17,243 (16,184) 2,330 13,464 (12,405) 1,449 17,198 (16,591) 2,043 12,513 (11,906) 2,642 15,500 (15,222) 1,894 11,811 (11,533) 1,795 3,174 3,174 3,885^ 3,885^ 2,277^ 2,277^ 2,804^ 2,804^ 1,277 1,277 209 16,015 184 327 18,761 158 291 11,970 96 305 323 17,218 17,669 90 96 36 56 117 24 160 43 126 158 22 136 16 81 193 13 83 13 84 208 21 85 217 12 78 13 83 24,219 4,799 17,874 1,546 23,158^ 6,236^ 16,520 402 19,806^ 4,762^ 13,589 1,455 21,292^ 6,007^ 12,640 2,645 19,217 5,474 11,945 1,798 5,622 6,967 3,426 6,661 6,570 5,530 2,607 5,756 3,607 1,725 10,266 5,227 1,815 10,977 4,876 Le Grove Tower Club M&C# 517 494 236,885 1,047 504 247,367 960 367 165,749 963 986 375 435 157,127 164,757 79 437 1 72 422 48,649 140,018 48,218 174 872 1 78 426 51,686 140,729 54,952 152 808 55 311 30,228 96,149 39,372 137 824 1 139 847 52 322 61 375 28,467 92,108 36,552 39,647 92,368 32,742 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022
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