CDL sets new targets for sustainability
Using 2007 as baseline year, it aims for 22% lower energy and water intensity by 2020
DeeperDive is a beta AI feature. Refer to full articles for the facts.
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.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Vietnam formalises new state leadership, redefining ‘four pillars’ power balance
‘Largest Singapore commercial S-Reit proxy’: analysts say buy CICT shares after Paragon acquisition
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Why where you park your joint venture matters: Lessons from a US$689 million shareholder dispute