City Developments Annual Report 2022

CITY DEVELOPMENTS LIMITED ANNUAL REPORT 2022 SUSTAINABILITY 80 81 Total Energy used by CDL’s Operations in Singapore: Corporate Office, Managed Buildings, and Construction Sites (MWh) 4,538 42,485 527 2,898 311,533 28,999 10,006^ 39,278 450 4,067 313,507 69,462 6,825^ 33,125 331 2,404 191,164 94,546 13,344^ 30,764 326 1,814 170,697 120,155 9,768 29,236 345 3,855 184,530 120,494 47,550 343,430 49,734^ 387,035 40,281^ 288,114 44,434^ 292,667 39,349 308,879 Total Energy used by CDL’s Operations in Singapore and Six Key Subsidiaries (MWh) CBM* CDLHT^^ City Serviced Offices Notes: • From 2018, energy from fuel consumption has been included in data reported for CBM, CDLHT and Le Grove * 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. ^ Total energy used for CDL operations 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. 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 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 CDL Corporate Office CDL Managed Buildings CDL Construction Sites CDL Corporate Office CDL Managed Buildings CDL Construction Sites CDL Total Water used by CDL’s Operations in Singapore: Corporate Office, Managed Buildings, and Construction Sites (m3) 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. ^ 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. CDL CDLHT^ Le Grove Tower Club Total Water used by CDL’s Operations in Singapore and Six Key Subsidiaries (m3) M&C 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 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 2022” by HRM Asia, and also one of the “Best Companies to Work for in Asia” by HR Asia Awards Singapore 2022. As one of Singapore’s earliest corporate signatories to pledge support to the UN Global Compact, CDL has been upholding the principles of 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. With a workforce that is majority female, CDL is committed to empower women in its workplace and supporting their pursuit of careers and personal development. In 2017, CDL’s Group CEO joined over 1,600 leaders globally in pledging CDL’s support for the Women’s Empowerment Principles, established by UNGC and UN Women. Occupational Health and Safety As a responsible developer, CDL has continued to proactively engage and empower its key stakeholders, including builders, architects, engineers, and workers in adopting EHS best practices. For more than two decades, CDL has driven EHS excellence at its worksites and across its supply chain. Under CDL’s pioneering 5-Star EHS Assessment System established in 2001, all its builders must undergo quarterly EHS inspections and audits by an independent auditor, which grades them on a scale of one to five stars in areas including energy, water, waste, safety, noise and public health management. The CDL 5-Star EHS Awards launched in 2005 remains a core scheme to recognise exemplary builders and workers for their excellence in enhancing workplace safety, health and well-being. CDL has also introduced various innovative technology and construction methods since the early 2000s to enhance safety and productivity. Details can be found in CDL’s ISR 2023 pages 84-85. The occupational health and well-being of CDL employees, as well as workers at construction sites and managed properties, are vital for CDL’s long-term business viability. While no occupational diseases were recorded, there was unfortunately one fatality at Copen Grand on 13 December 2022. Immediate action was taken to investigate the cause and ensure further preventive measures were established. This is in addition to regular briefings and action undertaken to remind CDL’s contractors and workers of the importance of good health and safety practices on-site. Its overall minor injury rates are well below the national average for 2022, based on figures provided by the Ministry of Manpower. While the minor injury rates in CDL’s Corporate Office and Construction Sites remained below the national average, the minor injury rate in Managed Buildings exceeded the national average. Similarly, CDL’s overall major injury rates exceeded the national average mainly due to a single injury that occurred at the Orchard Boulevard 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. Standing Together with Stakeholders through COVID-19 Many of CDL’s tenants in Singapore and overseas were adversely impacted by COVID-19, particularly during Singapore’s Phase 2 (Heightened Alert), which saw a tightening of measures. CDL continued to work directly with them to navigate the operational challenges. This included providing rental, operational and marketing support to tenants adversely impacted by stricter measures. Since the beginning of the pandemic in 2020 and until 2021, CDL has committed more than $40 million in property tax and rental rebates. Close to 90% of CDL’s rental tenants have received rental assistance. Job Creation and Employment As of 31 December 2022, CDL has a total of 406 employees for its operations headquartered in Singapore, where most of its business in property development and asset management is based, excluding hotel properties. SUSTAINABILITY BOARD STATEMENT Note: ^ Energy used for CDL construction sites and total energy used 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. 47,550 40,657 381 49,734^ 940 44,800 325 40,281^ 966** 33,168 202 44,434^ 39,349 1,066 47,816 205 1,025 47,459 190 607 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 1,045 1,008 546,560 2,084 1,017 347,230 1,990** 762 330,439 923 2,101 2,041 790 313,044 492,784 514,207 353,202 239,622 299,647 343,430* 387,035 288,114 292,667 308,879 300,869 7,692 8,860 5,685 5,268 7,365 11,638 31,229 19,002 19,72820,357 4,445,746 4,441,932 2,888,659 3,004,369 3,304,845 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022

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