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CDL takes another green step forward

It is first real estate player here to have carbon reduction targets validated by Science Based Targets Initiative

Published Tue, Jul 17, 2018 · 09:50 PM

Singapore

CITY Developments Limited (CDL), announced that it will have its carbon reduction targets assessed and validated by the Science Based Targets Initiative (SBTi), making it the first local real estate company to do so.

This move is part of its accelerated climate change strategy amid the backdrop of Singapore's impending 2019 carbon tax and the global transition to a low carbon economy.

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