CDL VALUE CREATION MODEL – POWERING IMPACT AND VALUE THROUGH OUR TWO-PILLAR INTEGRATED APPROACH
Since 2016, we have embraced 15 of the 17 UN Sustainable Development Goals (SDGs), sharpening our sustainability strategy and reinforcing our commitment to the triple bottom line. By embedding sustainability into our strategy and day-to-day operations and by providing transparent, credible, and consistent disclosures to our stakeholders, we have strengthened trust, enhanced resilience, and proactively mitigated business risks.
CDL Value Creation Model – Enhancing Environmental, Social and Economic Sustainability
CDL’s value creation model is anchored in our longstanding ethos, “Conserving as We Construct,” established in 1995. As a developer, asset owner, and responsible corporate citizen, we integrate sustainability into how we deliver long-term value for our business and stakeholders. Leveraging six capitals — financial, intellectual, natural, manufactured, human, and social & relationship — we embed sustainability across our operations and advocacy, aligning our strategy with 15 UN SDGs.
The Company’s robust sustainability reporting since 2008 has helped the organisation to set targets, track performance, identify gaps for continual improvement to deliver the best results and enhance practices. We have created a unique blended framework using GRI Standards as its core since 2008, adding CDP since 2010, Global Real Estate Sustainability Benchmark (GRESB) since 2013, Integrated Reporting Framework since 2015, SDG Reporting since 2016, Task Force on Climate-Related Financial Disclosures (TCFD) framework since 2017, Science Based Targets initiative (SBTi) since 2018, SASB Standards and Climate Disclosure Standards Board (CDSB) Framework since 2020. Starting from 2022, CDL proactively harmonised these frameworks into its unique two-pillar model, capturing the “value” and the “impact” our business creates. With the launch of the IFRS S1 and S2 in 2023 as the new global baseline, CDL has been working towards full alignment with the standard. In 2024, CDL became the first corporate in Southeast Asia to publish a Taskforce on Nature-related Financial Disclosures (TNFD) aligned report.
CDL’s external assurance of our sustainability report continues to enhance data credibility for stakeholders. It started in 2009 and has continued to expand in scope to cover the SASB Standards as well. CDL continues to keep track of the newly launched ISSA 5000, for adoption in the upcoming years.