City Developments Annual Report 2023

Corporate Office Construction Sites Managed Buildings 450 387,035 288,114 292,667 308,879 325,710 75 375 69,462 313,507 4,067 331 26 306 94,546 191,164 2,404 326 14 312 120,155 170,697 1,814 345 341 15 330 120,494 184,530 3,855 125,706 195,558 4,445 7 334 39,278 37,525 64 1,547 144 33,125 30,367 87 2,593 77 30,764 29,181 25 1,488 70 29,236 27,027 28,427 70 685 53 26,234 39 686 68 9,768 10,649 3,159 6,609 1,297 9,351 13,344 2,162 11,182 6,825 2,362 4,463 10,006 1,079 8,927 TOTAL ENERGY USED BY THE COMPANY’S OPERATIONS IN SINGAPORE: CORPORATE OFFICE, MANAGED BUILDINGS, CONSTRUCTION SITES (MWh) Fuel Renewable Energy Certificate Solar Purchased Electricity Fuel Purchased Electricity Renewable Energy Certificate Fuel Corporate Office Managed Buildings Construction Sites 2019 2020 2021 2022 2023 2019 2020 2021 2022 2023 2019 2020 2021 2022 2023 2019 2020 2021 2022 2023 2019 2020 2021 2022 2023 2019 2020 2021 2022 2023 2019 2020 2021 2022 2023 2019 2020 2021 2022 2023 Note: Electricity consumption attributed to renewable sources from the purchase of RECs has been excluded from purchased electricity to avoid double counting. TOTAL ENERGY USED BY THE GROUP’S OPERATIONS (MWh) CBM City Serviced Offices CDL 49,734 940 325 40,281 966 202 44,434 39,349 37,948 1,066 950 205 210 1,025 190 Le Grove Tower Club M&C 546,560 2,084 1,017 347,230 1,990 762 330,439 965* 1,047 2,101 2,067 2,041 790 313,044 366,511 TOTAL WATER USED BY THE COMPANY’S OPERATIONS IN SINGAPORE: CORPORATE OFFICE, MANAGED BUILDINGS, CONSTRUCTION SITES (m3) Notes: • Water used and water use intensity are for potable water only. Industrial grade NEWater usage is not included in the amount of water used. • Total amount of water withdrawn is the same as total amount of water discharged into third-party water (i.e. PUB sewers) with negligible amounts of water consumed. Hence, the total amount of water used is reported here. TOTAL WATER USED BY THE GROUP’S OPERATIONS (m3) CDL Le Grove Tower Club M&C 387,035 288,114 292,667 308,879 325,710 8,860 5,685 5,268 7,525* 8,291 31,229 19,002 19,728 20,357 17,958 4,441,932 2,888,659 3,004,369 3,304,845 3,174,139 2019 2020 2021 2022 2023 2019 2020 2021 2022 2023 2019 2020 2021 2022 2023 2019 2020 2021 2022 2023 Notes: # CBM Pte Ltd and City Serviced Offices 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. * 2022 figures were restated to incorporate water use amount from monthly variable charges from building owners within their facilities. Notes: • Energy from fuel consumption has been included in the data reported. * 2022 figures were restated to incorporate water use amount from monthly variable charges from building owner. 2019 2020 2021 2022 2023 2019 2020 2021 2022 2023 ENVIRONMENTAL IMPACT AND PERFORMANCE To meet its net-zero goals, the Company 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 the Company’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 the Company’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 regarding performance data, please refer to CDL ISR 2024. TOTAL CARBON EMISSIONS FROM THE COMPANY’S OPERATIONS IN SINGAPORE: CORPORATE OFFICE, MANAGED BUILDINGS, CONSTRUCTION SITES (Tonnes Co2e) Notes: • The operations namely Corporate Office, Managed Buildings and Construction Sites refer to the Company’s Singapore operations. They exclude hotel properties. • 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). - Corporate Office: The Company’s Corporate Office in Singapore occupied approximately 5,013 m2 across four floors in Republic Plaza. The measurement applies to all environmental performance reported in this chapter. - Managed Buildings: In 2023, the Company managed seven office buildings, two retail buildings and two industrial buildings in Singapore, with an average monthly net lettable area of 131,924 m2, 45,456 m2 and 24,394 m2 respectively. The measurement applies to GHG calculations, with all other environmental performances reported using the net lettable area. - Construction Sites: In 2023, the Company measured and monitored the environmental impact and performance of ten active construction sites in Singapore with a GFA of 108,151 m2 built for that year. The measurement applies to all environmental performance reported in this chapter. TOTAL CARBON EMISSIONS FROM THE GROUP’S OPERATIONS (Tonnes Co2e) 2019 2019 2020 2020 2021 2021 2022 2022 2023 2023 Corporate Office Construction Sites Managed Buildings 635 (478) 459 157 (0) 19 286 (161) 155 125 (0) 6 210 (83) 79 127 (0) 4 544 (410) 550 (411) 407 134 (0) 4 409 139 (0) 2 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) 13,018 (12,732) 1,894 11,811 (11,533) 1,795 1,712 11,220 (10,934) 86 3,174 2,980 3,174 2,980 3,885 3,885 2,277 2,277 2,804 2,804 2019 2020 2021 2022 2023 Scope 1 Scope 2 Scope 3 Scope 1 Scope 2 Scope 3 CDL CBM City Serviced Offices 327 158 291 96 305 323 309 90 96 105 43 126 158 22 136 16 81 193 13 83 13 84 208 21 85 217 31 99 178 12 78 13 83 17 88 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 16,549 5,474 11,945 1,798 5,102 11,359 88 2019 2020 2021 2022 2023 2019 2020 2021 2022 2023 2019 2020 2021 2022 2023 2019 2020 2021 2022 2023 2019 2020 2021 2022 2023 2019 2020 2021 2022 2023 Le Grove Tower Club M&C# 1,047 504 247,367 960 367 165,749 963 986 1,020 375 464* 551 157,127 164,757 181,788 174 872 1 78 426 51,686 140,729 54,952 152 808 55 311 30,228 96,149 39,372 137 824 1 139 847 163 857 52 322 62* 402* 114 436 28,467 92,108 36,552 39,647 92,368 32,742 45,169 99,935 36,684 Note: # Data excludes carbon emissions from M&C Hotels which are managed by third party operators and where the Group does not have direct operational control. * 2022 figures were restated to incorporate changes to carbon emission values due to restatement of energy and water values. SUSTAINABILITY 89 88 SUSTAINABILITY ANNUAL REPORT 2023 CITY DEVELOPMENTS LIMITED

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