CDL sets new targets for sustainability

Singapore

HAVING enjoyed more than S$31 million in power savings between 2008 and 2015, City Developments Ltd (CDL) now wants to up its game in sustainability, with new targets to be achieved in the next 4-14 years.

By 2020, the property developer wants to reduce its energy and water intensity by 22 per cent, from baseline year 2007. By 2030, the reduction target is 25 per cent, from the same baseline year. These new targets are in addition to CDL's existing carbon emissions intensity reduction targets set in 2011, which are: 22 per cent by 2020, and 25 per cent by 2030, from baseline year 2007.