Real estate giant CDL targets net-zero operations by 2030
City Developments Limited (CDL) has become the first large business in Southeast Asia to sign the World Green Building Council's (WorldGBC) net-zero carbon buildings commitment.
Pictured: An artist's impression of the redevelopment of CDL's Republic Plaza property, located in Singapore’s Central Business District
The commitment binds all signatories to achieving net-zero operational emissions in all buildings under their direct control by 2030, and to advocate for all buildings to reach net-zero operations by 2050. This latter pledge encourages businesses to engage with not only tenants and landlords, but other owners and operators in the communities where they are present, and with policymakers as well.