CDL ranked world's top real estate company on Global 100 index

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CITY Developments Limited (CDL) has been ranked the world's top real estate company on the Global 100 most sustainable corporations in the world, and takes the 40th place on the whole index which ranks the world's most sustainable corporations. Read more at The Business Times.

Sherman Kwek, group chief executive officer of CDL, said:"The social and economic challenges posed by Covid-19 have accelerated sustainability and pushed it further into the global spotlight. Our strong foundation in ESG integration forged over two decades has been vital in future-proofing our business and preparing us for new challenges and unforeseen changes."

"In spite of a challenging year in 2020, ESG integration has remained a fundamental aspect of our business strategy and we will continue to drive sustainability to build resilience for a greener and healthier recovery," added Mr Kwek. CEO of Corporate Knights Toby Heaps noted that CDL has"remained steadfast" in its efforts to drive change in the built environment and set benchmarks for other businesses to follow despite the obstacles posed by the pandemic.

Apart from this, CDL was also recognised for its commitment to sustainability performance in the Dow Jones Sustainability Indices , and has been an index component in the DJSI since 2011. Additionally, CDL was the only company in South-east Asia and Hong Kong that was recognised on both the 2020 CDP A List for corporate climate action and water security in December last year.For daily updates on weekdays and specially selected content for the weekend. Subscribe to

 

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