In the photo: Located at the Singapore Botanic Gardens, the CDL Green Gallery – Singapore’s first zero-energy gallery – is running an exhibition “Change the Present, Save the Future” on building climate resilience through global collaboration till March 2022. Photo: © City Developments Limited
Singapore – City Developments Limited (CDL) has been awarded the inaugural 2021 Terra Carta Seal on 3 November 2021 by His Royal Highness (HRH) The Prince of Wales through his Sustainable Markets Initiative. CDL is the only Singapore company out of 45 global companies to be awarded the Seal, which recognises global companies driving innovation and demonstrating commitment and efforts towards creating genuinely sustainable markets.
The seal is awarded to companies whose ambitions are aligned with those of the Terra Carta, which provides a recovery plan for Nature, People and the Planet. It also recognises companies who hold a leadership position within their industry and who have credible transition roadmaps underpinned by globally recognised, scientific metrics for achieving net zero by 2050 or earlier.
HRH The Prince of Wales, said, “The Terra Carta Seal recognises those organisations which have made a serious commitment to a future that is much more sustainable, and puts Nature, People and the Planet at the heart of the economy. We all need to make changes if we are to preserve the planet for our children and grandchildren and these businesses have pledged to make it easier for us all to do so.”
Mr Sherman Kwek, CDL Group Chief Executive Officer, said, “In the global race to zero, the private built sector plays a key role in contributing towards a sustainable future and advancing change. Through bold ambition, sustainable investments and innovation, businesses have the power to create long-term value for the environment and their stakeholders across the value chain. CDL is deeply honoured to receive the Terra Carta Seal from HRH The Prince of Wales. We share the same commitment to connect People and the Planet through recognising and promoting the intrinsic value of Nature. In this decade of urgent action, we will continue to push forward with our ESG integration efforts to enhance the value and resilience of our business.”
Watch this video to find out more about how CDL’s ambitions are aligned with those of the Terra Carta: