ESG Insights
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Issue 28: The Millennium and Copthorne in CDL’s side; the dawn of the orange bond

Kenneth Lim
Published Wed, Sep 6, 2023 · 02:22 PM
    • City Developments subsidiary Millennium & Copthorne Hotels is the group’s largest contributor of greenhouse gas emissions.
    • City Developments subsidiary Millennium & Copthorne Hotels is the group’s largest contributor of greenhouse gas emissions. ILLUSTRATION: KENNETH LIM

    In this issue: City Developments’ hospitality subsidiary is a drag on the group’s ESG efforts, while the Impact Investment Exchange introduces gender equality bonds.

    Singapore

    A spot on CDL’s green sheen

    City Developments (CDL) will be dropped from the Dow Jones Sustainability World Index come Monday (Dec 19).

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