World's Largest Vertical Garden at Tree House - JULY 14 - Best Sellers - Coco Palms and Commonwealth Towers Epitome of Building Excellence ...
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JULY 14
A Quarterly Publication by City Developments Limited
World’s Largest
Vertical Garden at Tree House
Best Sellers – Coco Palms and Commonwealth Towers
Epitome of Building Excellence
Refreshed CDL E-Generation Challenge a Hit with Youths
CITY HYPE JULY 2014
World’s Largest Green Facts and Figures
Vertical Garden 1 Vertical garden measures
78 m 20 m
in the Little Red Dot
high and wide
2 Total square area of
2,289 sqm
CDL’s Tree House condominium Other green features at Tree House include
has set a new record for the the use of heat-reducing laminated green 3 Giving structure to the vertical
largest vertical garden in the tinted windows, lifts with Variable Voltage garden is a modular steel frame
world. and Variable Frequency motor drive, and that took a year to fabricate
sleep mode programming and motion and install
The stunning 24-storey, 2,289 sensors at staircases that will activate lights
square metres (sqm) vertical automatically. 4 Planted with lush Thunbergia
garden at Tree House has grandiflora vines, which took
entered the Guinness World
Records. An integral feature of
Tree House’s various green features are
expected to result in energy savings 14 months
to plant and grow
the development’s eye-catching of over 2.4 million kWh per year and
facade, the vertical garden has water savings of 30,000 m3 per year, or
caught the imagination of many approximately over S$500,000 annually. 5 Platforms and cat ladders
Sky terraces on the within the Upper Bukit Timah were installed behind the
7th, 13th and 19th and Chestnut Avenue area since BCA Green Mark Platinum vertical garden to facilitate
floors of every block its completion in 2013. Development maintenance. From these
serve as additional platforms, the planter boxes
green spaces for Tree
Innovative Green Features Mr Kwek Leng Joo, CDL Deputy of the creepers can be easily
House’s residents.
Chairman, said, “CDL takes great pride accessed, enabling ease of
Designed with environmental sustainability in building developments that leave an maintainance
in mind, and taking inspiration from the indelible impression on the cityscape. We
verdant greenery of the nearby Bukit Timah
Nature Reserve and Upper Peirce Reservoir,
have continuously pushed the boundaries
with breakthrough sustainable designs 6 Approximately 2.7% of
Tree House’s total construction
Tree House’s vertical garden is more than and features as well as state-of-the-art
just a unique architectural feature. technologies. With the eco-inspired Tree cost was invested into the
House, CDL has not only created a place development of its green
Providing natural insulation, it reduces where residents are proud to call home innovations
the estate’s carbon footprint by filtering but more importantly, a green icon which
pollutants and carbon dioxide out of the placed Singapore in the world map.”
air. It helps to lessen heat absorption,
thereby lowering the energy required to In addition to having entered the
cool indoor spaces. Guinness World Records, Tree House
received top honours in the “Best
This is expected to achieve energy Innovative Green Building” category
savings of between 15% and 30% arising at the MIPIM Asia Awards 2013 which
from reduced usage of air-conditioning, recognises outstanding real estate
or a total of approximately between projects in Asia Pacific.
S$12,000 and S$24,000 annually for the
48 west-facing master bedrooms that are Tree House was also conferred the Green
insulated by the vertical garden. Mark Platinum award by the Building and
Construction Authority in 2010 for its
Each of Tree House’s four towers also numerous sustainable design features,
features sky terraces at the 7th, 13th and and the “Special Award – Best Design
1 The name Tree House was derived from the eponymous Chestnut Tree Houses at the heart of this 19th floors, which serve as additional for Maintenance” at the National Parks 2
development. green spaces for the residents. Board’s Skyrise Greenery Awards in 2013. Tree House’s eye-catching expansive vertical green wall.
CITY HYPE JULY 2014
Top Sellers:
inspired facilities are available including
Strengthening Leadership
a Salt Water Pool, an “Onsen-style” hot
bath as well as a stunning three-storey
clubhouse Club Cocomo.
Coco Palms and Commonwealth Towers, an 845-unit joint
venture development by Hong Leong
New CDL Senior Management Staff Appointed
Commonwealth Towers
Holdings, CDL and Hong Realty, was
launched on 1 May. As at 19 June, 75%
of the 400 units released have been sold
with 1- and 2-bedroom units being the
most popular with buyers.
to Pasir Ris MRT station. Comparatively, “Given its desirable location at the doorstep
prices in today’s market for projects to Queenstown MRT station and close
located close to an MRT station or in proximity to amenities and business hubs,
the vicinity of Coco Palms are typically Commonwealth Towers is an attractive
above S$1,000 psf. property,” said Ms Betsy Chng, Head of
Chief Investment Officer Chief Strategy Officer Chief Marketing Officer
Sales & Marketing, Hong Leong Holdings.
Mr Sherman Kwek Mr Kwek Eik Sheng Mr Mark Yip
Mr Chia Ngiang Hong, CDL Group
General Manager, said, “We are very Prices for 1- and 2-bedroom units
encouraged by the strong response In recent months, CDL announced on new opportunities as Singapore
start from S$721,000 and S$965,000
for Coco Palms. The positive take-up new appointments to its senior becomes more intertwined with an ever
respectively. The 3-bedroom units start
rate reflects homebuyers’ demand for management team. With effect from expanding global economy,” he added.
from S$1.4 million, while the 4-bedroom
well-located homes that are sensitively 14 April, Mr Sherman Kwek,
units start from S$2.2 million.
priced.” CDL’s other joint venture presently Chief Executive Officer With effect from 9 June, CDL has also
projects in the locale – Livia, NV (CEO) of CDL’s wholly owned appointed Mr Mark Yip as its Chief
Commonwealth Towers is located
Residences and The Palette – are fully subsidiary CDL China Limited, Marketing Officer. With experience in
at Commonwealth Avenue and at
sold while the fourth, D’Nest, which was the doorstep of Queenstown MRT assumed an additional role of Chief management, sales, marketing and
launched in March 2013, is 94% sold. Station. This development comprises Investment Officer. Mr Kwek Eik Sheng, operations across a diverse range of
two impressive 43-storey blocks and formerly Head, Corporate industries including property, retail
Additionally, homebuyers are attracted is within close proximity of the Tanglin Development of CDL, was appointed sports and fashion, transport, and
to Coco Palms’ high quality finishes, and Orchard Road precincts. The Ayer as Chief Strategy Officer. supply chain and logistics, Mr Yip will
impressive architecture and resort Rajah Expressway and the Pan Island chart and lead CDL’s strategy and
lifestyle landscape. A large number of Expressway are just minutes away and Mr Sherman Kwek will support initiatives for marketing, sales and
Coco Palms’ apartments overlook the shopping entities like Anchorpoint, CEO Mr Grant Kelley in the leasing, in order to enhance CDL’s
Grand Lagoon, the centrepiece of the Ikea and the upcoming mall, Alexandra sourcing and execution of new competitive advantage and drive
Artist’s Impression development. A plethora of resort- Central, are also nearby. investment opportunities with revenue growth.
emphasis on overseas markets, while
Coco Palms’ impressive Grand Lagoon, the centrepiece of the development, is one of its major draws.
Mr Kwek Eik Sheng will support First Female Board Member
Mr Kelley in investment analysis and Appointed
the formulation of business strategies.
The recent launches of two Hong The apartments were priced at an early The Board of Directors of CDL have
Leong Group projects – Coco Palms bird average of about S$980 per square Mr Kelley said, “We welcome also appointed Adjunct Associate
and Commonwealth Towers – met with foot (psf); prices start from S$880,000 Sherman and Eik Sheng to CDL’s Professor Tan Yee Peng of Nanyang
enthusiastic response and went on for a 3-bedroom unit, S$1.21 million for senior management team. We will Technological University’s Nanyang
to top the best-selling list for private a 4-bedroom unit, S$1.6 million for a leverage on their expertise and talent Business School as an Independent
properties in May, according to Urban 5-bedroom unit, and S$1.7 million for a and I am sure they will add value to Non-Executive Director and a member
Redevelopment Authority statistics. 3-bedroom plus study penthouse unit. our core leadership. of the Audit & Risk Committee, with
All unit types enjoyed good take-up effect from 7 May.
Coco Palms, a joint venture development rates, and all 1- and 2-bedroom units “In the last 50 years, CDL has earned
by CDL and partners Hong Leong have been sold. a reputation as a leading developer, With more than 18 years of
Commonwealth
Holdings Limited and Hong Realty Towers boasts a wide but now the business landscape accounting and auditing experience,
(Private) Limited, was officially launched Coco Palms is sited on the fifth and final range of amenities domestically and globally is changing including seven years as an audit
on 17 May. As at 13 July, 649 (or 87%) of parcel of CDL’s landbank in the coveted including four sky rapidly. The new appointments will partner with audit consultancy
terraces centred on address these major trends. CDL KPMG LLP, Ms Tan is CDL’s
the 750 units released for the 944-unit Pasir Ris Grove estate. A huge draw of lifestyle themes and
3 development located at Pasir Ris Grove Coco Palms is its attractive pricing and has to stay plugged in and focused first female Director. 4
Artist’s Impression
a hydrotherapy pool
have been sold. strategic location – a five-minute walk with aqua gym.
CITY HYPE JULY 2014
Most Awarded
For over a decade, CDL has committed
to investing between 2% and 5%
of the construction cost of a new
Private Developer
development on eco-friendly features
and the adoption of sustainable
construction through buildable designs
at BCA Awards 2014
and extensive use of prefabrication
such as precast concrete, drywalls and
Prefabricated Bathroom Units (PBUs).
CDL has adopted drywalls for internal
partition walls and PBUs in most of its
new condominium developments.
Prefabrication technology potentially
reduces the amount of manpower
required on site by more than 50%,
while adopting PBUs at CDL’s projects
CDL Deputy Chairman can yield productivity improvements of
Mr Kwek Leng Joo up to 80% depending on the scale of
(right) received the project.
the prestigious
Quality Excellence
Affirming CDL’s efforts, Guest-of-
Award – Quality
Honour and Senior Minister of State, Celebrating CDL’s haul of 30 accolades at the BCA Awards 2014, an affirmation of CDL’s track record in all aspects of building excellence.
Champion (Platinum),
from Senior Ministry of Trade and Industry and
Minister of State, Ministry of National Development,
Ministry of Trade Mr Lee Yi Shyan said, “The As one of Singapore’s largest landlords,
and Industry and the results present a strong business
ongoing national productivity drive CDL’s BCA Awards 2014 Honours Roll
Ministry of National case for CDL’s holistic life-cycle approach
Development, encourages off-site prefabrication and
Mr Lee Yi Shyan. Prefabricated Prefinished Volumetric towards developing and managing Quality Excellence Award Gold (Design)
Construction methods. Such methods its properties with environmental Quality Champion (Platinum) • Blossom Residences
reduce complexity of the worksite. It sustainability in mind. • D’Nest
renders the site to be cleaner, safer Green Mark Platinum Awards
• Echelon
• Central Mall Office Tower*
“The BCA Awards attest also been accorded top honours – the and more appealing to would-be • Lush Acres
Quality Excellence Award – Quality workers.” • CDL Green Gallery @ Singapore
to CDL’s longstanding Botanic Gardens Heritage Museum
Certified (Design)
Champion (Platinum) – for its sustained • The Glyndebourne
commitment and track leadership in and commitment to Leading the Way in ‘Greening’ “CDL has not only paved • City House*
record in conserving as we delivering quality homes. It is the Buildings the way forward in • Fuji Xerox Towers* Construction Excellence
construct and spur us to set only developer to have achieved this developing a sustainable • King’s Centre* Awards
• Lush Acres • Volari
new benchmarks, initiate best highest tier recognition. Beyond driving green building built environment, but also
innovation at its new developments, • Manulife Centre* • W Singapore – Sentosa Cove
practices and inspire more influenced fellow industry
Firm Believer in Environmental CDL also showed that it is setting the • My Tree House
stakeholders in the value chain Sustainability and Productivity pace for ‘greening’ existing buildings. players to embark on their • Palais Renaissance* Construction Productivity
to create a greener and better Of the 11 Green Mark Platinum Awards own green building journeys. • Republic Plaza* Awards – Projects (Platinum)
• Hundred Trees
tomorrow.” With the building sector being the third CDL received this year, seven are for It has also taken the lead to • The Venue Residences
• NV Residences
largest contributor of carbon dioxide its existing commercial buildings.
Mr Kwek Leng Joo embrace quality workmanship Universal Design Mark
in Singapore, Mr Kwek Leng Joo, CDL Design And Engineering Safety
CDL Deputy Chairman Deputy Chairman, affirmed that there is Significant efforts have been
and deliver high quality Awards
Gold PLUS Excellence Awards (Merit)
an urgent need to mitigate the impact dedicated to implement green projects consistently... CDL • Cube 8
• Cube 8
of our activities on the environment. property and facilities management. has indeed achieved the • NV Residences
CDL continues to lead in all aspects of CDL retrofitted several of its existing hallmark of excellence as a Bca-Sgbc Green Building
GoldPLUS (Design)
building excellence as the most awarded CDL has raised the bar since 2011, by commercial buildings by upgrading Individual Awards
private developer at the Building and
Built Environment Platinum • Jewel @ Buangkok
Green Facilities Manager of the Year
targeting to achieve BCA Green Mark chiller plants, introducing motion
Construction Authority (BCA) Awards GoldPLUS for all new developments, sensors and energy-efficient lighting Leader, Green Mark Platinum Gold
• Mr Anthony Goh
Champion and Quality • Hundred Trees
2014 – the “Oscars” for the built above the mandatory Green Mark and recladding facades. On average, Senior Vice President
• Quayside Isle
environment. At the Awards ceremony certification level. CDL has also this yielded annual energy savings Platinum Champion.” • Tree House
Property & Facilities Management
on 22 May, CDL was conferred a total pledged to cut its carbon intensity of over 14 million kWh, which is
Dr John Keung • W Singapore – Sentosa Cove *Recertified
5 of 30 accolades, up from the 23 it won emissions by 22% by 2020 from the equivalent to more than S$3.6 million 6
last year. For two years in a row, CDL has baseline in 2007, and 25% by 2030. in utility costs. BCA Chief Executive Officer
CITY HYPE JULY 2014
Epitome
ABC Waters
Four CDL projects have been awarded
the Public Utilities Board’s (PUB) “Active,
of Building
Beautiful, Clean Waters” (ABC Waters)
certification, testament to its commitment
to enhance the liveability of the built
environment and to manage the utilisation
Excellence
of natural resources such as water in
sustainable and holistic ways.
The four awarded projects are
Blossom Residences, NV Residences
Towering majestically
in the heart of the (pictured right), The Glyndebourne and
Central Business The Rainforest. Three other CDL projects
District, One Shenton that have been awarded ABC Waters
is designed by the certification since the launch of the
internationally-
certification scheme in 2010 include H2O
renowned architect
Carlos Ott. Residences, Livia and Tree House. CDL is
the private developer with the most ABC
Waters-certified projects.
The PUB launched the ABC Waters
Programme in 2006 in order to
improve the quality of water and life
by harnessing the full potential of our
waterbodies and integrating them with
the natural and built environments.
W Singapore –
Sentosa Cove is an Best Suburban Shopping Centre
Mr Kwek Eik Sheng (centre), CDL Chief Strategy Officer, received the oasis of modern
award for One Shenton from (left) Mr Yeow Thit Sang, President of luxury for discerning
FIABCI World Prix d’Excellence Awards Committee 2014, and (right) travellers and local CDL’s City Square Mall (pictured right)
Mr Flavio Gonzaga Nunes, FIABCI World President 2013-2014. residents alike. emerged as the Best Suburban Shopping
Centre and came in among the top three
for the Family-Friendly Mall award at the
FIABCI Prix d’Excellence Awarded by an international panel also the proud winner of the Residential AsiaOne People’s Choice Awards 2014.
Awards 2014 comprising real estate professionals and (High Rise Category) award at the
experts, the FIABCI Prix d’Excellence Singapore Property Awards 2012, Competition was stiff, with more than
CDL’s enduring commitment towards Awards are given out to outstanding among other accolades. 300 brands competing and over 200,000
building and architectural excellence has projects that best embody excellence votes cast across 28 categories.
once again been recognised, this time with in all the real estate disciplines involved The 7-storey W Singapore – Sentosa
wins in two categories at the prestigious in their creation. These wins affirm Cove hotel features 240 stylish and City Square Mall is Singapore’s First
FIABCI Prix d’Excellence Awards 2014. CDL’s longstanding pursuit of building luxurious guestrooms with stunning Eco-mall and it provides a host of
excellence, and the architectural marina and golf-course views. It is green building features to raise eco-
One Shenton emerged as the World distinction that characterise its part of a winning 3-in-1 integrated awareness among shoppers, tenants
Gold Winner in the Residential (High Rise) developments. concept that offers residents, tourists and the community. Designed with the
Category while W Singapore – Sentosa and locals the opportunity to family in mind, the mall has extensive
Cove was named the World Silver Winner The 341-unit One Shenton is located experience a tropical marina-oriented family-friendly features and some 200
in the Hotel Category. within the Central Business District, lifestyle, with Singapore’s first W hotel, tenants that cater to the lifestyle needs
mere minutes from Marina Bay where specialty retail shops and quaint of everyone in the household. Integrated
This is the second time CDL received a hive of exciting lifestyle, dining and restaurants (Quayside Isle) as well as with a 49,000 square feet urban park
accolades in these two categories. In entertainment options await. With its luxury residences (The Residences at named City Green, City Square Mall is
2010, The Sail @ Marina Bay won in the distinctive gold and silver towers at 50 W Singapore – Sentosa Cove). It has envisioned as a miniature ‘town-centre’
Residential (High Rise) Category while in and 43 storeys high respectively, One also been accorded the Singapore for the community to meet, play and
7 2009, The St. Regis Singapore emerged Shenton embodies the energy, vibrancy Good Design Mark by the Design shop while acquiring environmental 8
winner in the Hotel Category. and timeless modernity of the city. It was Business Chamber Singapore. knowledge.
CITY HYPE JULY 2014
A Warm Welcome for the Green
As Singapore’s leading green developer,
CDL firmly believes in developing
projects with eco-friendly features
President at CDL Green Gallery Leader,
using sustainable construction
technologies, and retrofitting
existing buildings to improve their
Model
environmental performance. CDL also
champions driving greater awareness of
The Singapore Botanic Gardens environmental sustainability amongst its
Corporate
(SBG) recently hosted President stakeholders.
Tony Tan Keng Yam on 27 May to a
private tour of the SBG Heritage Trees Besides its leadership in green building
Citizen
Trail and the launch of “Tall Tales: The and sustainability, CDL was recently
Singapore Botanic Gardens Heritage conferred the Bronze award for Best
Trees Trail Guide”, held at the CDL Investor Relations for companies with
Green Gallery @ SBG Heritage market capitalisation of S$1 billion and
Museum sited on Holttum Lawn. above, under the Singapore Corporate
CDL has been named the Green Awards (SCA) 2014.
While touring the CDL Green Gallery, Leadership Award Winner at
President Tan viewed the “Living in the prestigious Asia Responsible The SCA recognises the commitment of
a Garden” exhibition and its various Entrepreneurship Awards (AREA) 2014 listed companies and individuals to the
interactive panels commemorating Southeast Asia. highest levels of corporate governance
50 Years of Greening Singapore. and disclosure standards. Co-organised
President Tan was also given a The AREA Green Leadership Award, by the Institute of Singapore Chartered
demonstration of the zero-energy organised by Enterprise Asia, honours Accountants, Singapore Institute of
operations and innovative green features companies that recognise the Directors and The Business Times, the
of the CDL Green Gallery, which won the environmental impact of their businesses SCA is supported by the Accounting and
Building and Construction Authority’s and seek to mitigate and reduce the Corporate Regulatory Authority as well
Green Mark Platinum award in 2014. impact. as Singapore Exchange.
Some green features that were introduced
include the biomaterial known as
CDL Deputy Chairman Mr Kwek Leng Joo (right) details the groundbreaking eco-features of the
Hempcrete used for the external wall CDL Green Gallery to President Tony Tan Keng Yam (middle), as CDL Head of Green Building
cladding, as it boasts good thermal
performance and is resistant to pests,
Mr Allen Ang (left) looks on.
Committed to Workplace
Safety and Health
mould, mildew and fire. Another
distinctive feature is the Gallery’s
utilisation of a prefabricated modular
system where steel components are The annual Workplace Safety and Health (WSH) Awards, organised by the
prefabricated off-site and then hoisted Workplace Safety and Health Council and supported by the Ministry of
by a crane into position on the actual
Manpower, was introduced in 2002 to celebrate best practices in WSH, while
site, thereby reducing the environmental
the Developer Award is given to developers to recognise their contributions
impact and improving productivity and
towards promoting Occupational Safety Health practices at work sites.
quality control. Both the Hempcrete
and prefabricated modular system were
CDL is a proud recipient of the distinguished Developer Award for the seventh
utilised in Singapore for the very first time.
time. This recognition affirms the importance CDL places on workplace safety
368 Thomson and health, which are key to achieving high construction productivity for
Officially opened in November 2013,
is one of four timely completion of development projects whilst maintaining high standards
the 314 square metres CDL Green CDL projects
of quality.
Gallery was conceptualised, designed to garner
and built by CDL together with 10 like- a SHARP
minded partners. This First Zero Energy award, Through CDL’s continued efforts in engaging stakeholders to consistently
testament to adopt an EHS (environmental, health and safety)-conscious culture, four of
Green Gallery in Singapore was one of
CDL’s efforts its project sites were also accorded the SHARP (Safety and Health Award
CDL’s two green “gifts” to the nation in to improve
commemoration of its 50th anniversary Recognition for Projects) award – Cube 8 and 368 Thomson (both by Dragages
the EHS
in 2013, the other being My Tree House culture at its (S) Pte Ltd), Buckley Classique (Unison Construction Pte Ltd) and H2O
9 – World’s 1st Green Library for Kids at The CDL Green Gallery, with its various green innovations, is an exceptional sustainability showcase
worksites. Residences (Woh Hup (Private) Limited). 10
Central Public Library. for the community.
CITY HYPE JULY 2014
CDL Strengthens Case for Performance Overview for 2013
Environmental Impact
Turning
Sustainability Reporting Green
Mr Kwek Leng Joo, CDL Deputy
to Gold
Chairman, said, “CDL’s vision is to In June, Singapore hosted the World Cities
conserve as we construct. We have Summit 2014, where participants tackled
remained steadfast in our pursuit for the socio-economic and environmental
sustainable development. Our efforts challenges that are confronting cities today.
and track record show that responsible
business practices not only deliver good The Green Growth & Business Forum, part
financial bottom line but also stronger of the Summit, was jointly organised by
social and environmental stewardship for United Kingdom and Singapore government
long-term sustainability. CDL targets to
agencies to promote the economic and
reduce our carbon emissions by 22% by
business benefits of low carbon growth.
2020 and 25% by 2030, using 2007 as the
baseline year.”
CDL’s Chief Sustainability Officer, Ms Esther
An, was part of the panel “Walking the
Mr Kwek added, “CDL has been a firm
Talk – Business Benefits of Green Growth”,
proponent of sustainability reporting
which comprised senior leaders from
to track, measure and improve on our
multinational corporations and international
social and environmental performance.
consultants. Drawing on CDL’s nearly
Over the years, we have found that our
20-year experience in green building and
proactive and pioneering efforts enabled
environmental sustainability, aligned with its
Artist’s Impression
us to enjoy first-mover advantage.
ethos to “Conserve as we Construct”, Ms An
Environmental-related regulations that
shared with the audience the benefits and
D’Nest in Pasir Ris Grove, with 1,520 square metres of solar panels, exemplifies CDL’s commitment have been progressively mandated for
challenges of aiming for a low-carbon agenda
to sustainable development and responsible use of natural resources. It has even set a record in the our industry have had little business
Singapore Book of Records for “Largest Solar Panels in a Condominium”.
in the building sector.
impact on our operations.”
While buildings account for 40% of primary
CDL’s 2014 Sustainability Report
energy consumption globally, green building
CDL has further strengthened the The Report was externally verified by is available at: www.cdl.com.sg/
designs and technology have the potential
business case for sustainability tracking an independent Certified Sustainability sustainabilityreport2014
to reduce energy consumption by over
and reporting, achieving an 18% Assurance Practitioner based on the
reduction in carbon emissions in 2013 ISAE3000 Assurance Standard. 80%1. Ms An spoke about CDL’s pioneering
from baseline year 2007, up from 11% sustainable construction policies and green
in 2012 and 8% in 2011. In 2012, CDL became the first building innovations, as well as CDL’s pro-
Singapore developer to receive active efforts as a landlord to encourage
As Singapore’s leading green developer, GRI Level A+. In 2008, it published Highlights of CDL’s Sustainability Report 2014 include: tenants to go green.
it has also attained over S$30 million of Singapore’s first GRI-checked dedicated
estimated reduction in annual electricity social and environmental report. • Reduction in water use by 5% to 717,033 m3 in 2013 Even more importantly, she demonstrated
consumption from its 48 Green Mark (2012: 758,549 m3) how CDL’s commitment has turned green to
awarded buildings between 2008 and 2013. CDL has also received the United gold. These sustainability initiatives have led
Nations Global Compact’s (UNGC) • Reduction in construction waste generated at CDL worksites by to reduced utilisation of natural resources,
CDL shared these achievements in its Advanced Level for Communication 32% to 4,544 tonnes in 2013 (2012: 6,671 tonnes) savings in homeowners’ utilities bills and
2014 Sustainability Report, “Sustain”. on Progress (COP), the highest tier lower operational costs for commercial
of recognition for organisations that • Increase in renewable energy generated by CDL buildings by 64% buildings, in addition to intangible benefits
For the third consecutive year, CDL’s disclose their efforts that uphold to 199,732 kWh in 2013, equivalent to the annual electricity used such as a reputation for top quality
seventh Sustainability Report obtained the the UNGC’s principles in human by about 36 Singapore households (2012: 121,934 kWh) developments and enhanced liveability
Global Reporting Initiative (GRI)-checked rights, labour, environment and anti- of the built environment.
Level A+ using the G3.1 guidelines and corruption. CDL is the only Singapore- • Increase in tenant participation in recycling programme to more
11 the Construction and Real Estate Sector listed company to have achieved than 90% in 2013 from 68% in 2005 (The amount of paper 1
Worldwide Trends in Energy Use and Efficiency, 12
Supplement (CRESS). this status. recycled in 2013 is equivalent to almost 11,400 trees) IEA, 2008
CITY LIFESTYLE JULY 2014
M&C Middle East
Grows from Strength
to Strength
M&C to Open 20 New Hotels In sustained growth of religious tourism,”
Saudi Arabia said Mr Ali Hamad Lakhraim Alzaabi,
President & CEO, M&C MEA.
Millennium and Copthorne Middle East and
Africa (M&C MEA) has announced that it will M&C MEA also announced that it had
open 20 new hotels in Saudi Arabia, as part obtained a license to operate in Saudi
of a wider plan to operate 50 properties Arabia as a branch of a foreign company President & CEO of M&C MEA, Mr Alzaabi
throughout the region by 2017. and is currently in the process of (left) and Vice President of Sales & Marketing,
establishing an office in one of the Mr Naeem Darkazally (right) announced their Grand Millennium Dubai alone scooped four
The hotel group will open hotels in major cities. plans to expand into Saudi Arabia at a press awards at the MENA Travel Awards 2014 for its
conference in Abu Dhabi. value, service, spa and dining.
Riyadh, Jeddah, Medina and Makkah,
as well as important second-tier cities To support the aggressive growth and
such as Hayel, Jizan, Tabouk and Baha. drive optimum performance from the
In total, it will have over 7,000 rooms in The group’s three hotels in Abu Dhabi, golf course, beach football and volleyball Accepting the award at a glittering “It is essential that we nurture and
Saudi portfolio, Mr Mostafa Tantawi has
Saudi Arabia. including Grand Millennium Al Wahda, courts and the recently built Zayna Spa. ceremony held during the Arabian develop the next generation of
joined the Group as Vice President of
made a signification contribution to the In the same category, the Copthorne Travel Market week, Mr Alzaabi said, hospitality leaders in the region as
Operations, Saudi Arabia.
“The market opportunity within Saudi overall regional figures, with a 7.6% jump Al Jahra located in Kuwait – a 20-minute “As a leading global hospitality brand, government infrastructure development
Arabia has increased through growing in occupancy levels and 30.8% increase in drive from the city centre – garnered a we see huge potential for development plans become economic reality and
In his role, Mr Tantawi will provide
domestic travel, a short supply of GOP in 2013. gold award. across the region. As a UAE national and accelerated demand further opens up
leadership and strategic direction for M&C
midscale and five-star hotels in second- lifelong hotelier, I will continue to be an the region to the next wave of global
MEA operations in Saudi Arabia. A key
tier cities, especially for corporate The financial results from Abu Dhabi will Copthorne Sharjah which is a mere active player in shaping the future travel consumers,” he said.
objective moving forward will be to deliver
be further boosted by the opening of what 20-minutes drive from both Dubai and and tourism landscape, which will be
travellers, and the significant and maximum business growth and profitability,
will be the group’s flagship hotel – the Sharjah international airports, received a extremely challenging, but inspiring M&C MEA currently operates 17 hotels
whilst maintaining quality product and
667-room Millennium Bab Al Qasr, located gold award for “Best 4-star New Hotel”. and rewarding.” across the UAE, Kuwait, Jordan, Qatar,
service standards across the Saudi hotels.
on the Abu Dhabi Corniche, which is set to The property, comprising 225 rooms, Oman and Iraq, and will more than
come on stream in the first quarter of 2015. connects visitors to various shopping Mr Alzaabi is also a strong supporter double its presence in the region by 2017
In addition to the Saudi hotels, there malls including Sharjah City Centre, of talented youth and is the patron of with nearly 50 properties. This will include
are plans to open new properties in the
Champions at MENA Travel Sahara Mall and Mega Mall. the Ali Alzaabi Young Business Leaders the debut of other M&C brands – Studio M,
United Arab Emirates (UAE), Kuwait and
Awards Scholarship Fund at the American M Hotel, and Millennium Executive
Oman over the next 12 to 18 months. President & CEO, M&C MEA, Mr Alzaabi University of Sharjah. Apartments – across the Middle East.
Bolstering its reputation, M&C MEA said, “It is always pleasing to see our
“In what has proven to be a highly recently scooped seven awards – two efforts being recognised. Each hotel has
successful year for M&C properties platinum and five gold – at the Middle East its own individual identity which we try
throughout the Middle East and North North Africa (MENA) Travel Awards 2014. and promote, whilst remaining aligned to
Africa region, the hotel group witnessed a strong and progressive brand.”
impressive growth across its Middle East Grand Millennium Dubai was awarded M&C MEA President
portfolio, which returned a 23.3% increase four accolades, including a platinum Mr Alzaabi has also made a strong name & CEO, Mr Alzaabi,
in total revenue and a 34.1% increase in award for “Best Price Value Hotel”, and for himself. He was recently named was honoured at
gross operating profit (GOP) compared gold awards for “Best 5-star Business/ “Middle East Leading Travel Personality” the 2014 World
with 2012,” said Mr Alzaabi. Travel Awards for
Corporate Hotel”, “Best Spa”, which at the 2014 World Travel Awards.
his contribution to
went to the Jasmine Spa, and “Best Fine the industry and
In Dubai, M&C MEA added 225 rooms to Dining”, for its Asian restaurant Toshi. Mr Alzaabi was honoured for his strategic role in
its inventory at Millennium Airport Hotel contribution to the industry and strategic propagating tourism
and 198 rooms to the Millennium Plaza The Millennium Mussanah Resort scooped role in propagating tourism growth in the growth in the region
through helming
Hotel. As a result, total revenue jumped a platinum award for “Best 4-star Leisure region through his role at the helm
one of the region’s
13 The 844-room Grand Millennium Al Wahda is by 12% for the Dubai hotels and GOP Hotel”, due to its sporting facilities with of one of the region’s fastest-growing fastest-growing hotel 14
the largest hotel in Abu Dhabi. by 30.3%. four swimming pools, an 18-hole mini- hotel groups. groups.
CITY LIFESTYLE JULY 2014
M&C Awarded M&C
Best Partner 2013 by Ctrip Rebrands
Two
Hotels
Millennium & Copthorne International
Ltd (MCIL) is delighted to be awarded
“2013 Best Partner” by Ctrip for its
group of five hotels in Singapore as well
as for Grand Millennium Kuala Lumpur.
Millennium & Copthorne Hotels plc
The “2013 Best Partner” award by Ctrip, (M&C) has recently rebranded two hotels
China’s leading online travel agency, is – Copthorne Hotel Palmerston North in
bestowed only to the top 10% of best New Zealand and, more recently, the New
performing hotel partners in a country World Millennium Hong Kong Hotel.
Many of the 464 elegantly appointed rooms and suites at the New World Millennium Hong Kong
that offers comparable website rates.
offer unmatched views of Victoria Harbour.
MCIL won the “2013 Best New World Millennium Hong Kong
Partner” award by Ctrip for In Singapore, MCIL is one of only seven Hotel, formerly Hotel Nikko Hong
its group of five hotels in hotel partners out of a pool of more Kong, was recently rebranded this July.
Singapore – Orchard Hotel
than 100 hotel partners that Ctrip has The announcement was made by the
Singapore, Grand Copthorne
Waterfront Hotel Singapore, recognised for their outstanding support. management of the hotel’s joint venture
Copthorne King’s Hotel The group’s Studio M Hotel Singapore owning company, Fergurson Hotel
Singapore, M Hotel Singapore and Orchard Hotel Singapore were also Holdings Limited, which consists of
and Studio M Hotel Singapore. selected as Ctrip’s Preferred Hotels in Chow Tai Fook and M&C. Fergurson Hotel
Singapore. Management Limited is the joint venture
management company that has been
“We are extremely delighted and are formed consisting of New World Hotels
very honoured to have achieved this and M&C.
recognition from Ctrip. This award is
testament to our continuous efforts in The hotel’s rebranding will include a
extending our reach into China. We phased HKD120 million renovation of the
have recognised the potential of the 464-room harbourfront hotel to reinforce
outbound travel market within China its position as one of the leading five-
and will continue to remain a close star hotels in the vibrant shopping and
partner of Ctrip,” said Mr Adrian Tan, commercial centre of Tsim Sha Tsui East.
MCIL’s Regional Director of Revenue The hotel will remain open to welcome As part of the Copthorne Hotel Palmerston North’s refurbishment, 76 rooms including the junior and
Management for Asia. loyal guests and new international visitors family suites have been transformed with a modern design and bright open spaces.
while undergoing the enhancements.
In Malaysia, the award was presented
to Grand Millennium Kuala Lumpur’s Located on Mody Road in Tsim Sha Zealand’s capital city, Palmerston North offer guests a menu of Kiwi favourites
General Manager, Mr Peter Gibbons, Tsui East, the hotel offers seven dining is a gateway to some of the most fertile using local produce in a relaxed setting.
at a presentation ceremony to honour options including all-day dining, specialty farmland in New Zealand and the home The meeting and events facilities in the
the hotel for achieving high business restaurants and lobby lounge. Meeting of Massey University. hotel are ideal for holding training events
growth and exhibiting outstanding spaces include a grand ballroom and 10 and exhibitions for up to 160 guests.
performance. meeting rooms while recreational facilities The 151-room hotel is located on over
include a health club and a rooftop pool. 15,000 square metres of land on the The rebrand of Copthorne Hotel
“We are honoured to receive this fringe of the Central Business District. As Palmerston North follows the successful
accolade. This award serves as an Over in the Pacific, M&C New Zealand part of the refurbishment, 73 rooms have Kingsgate-to-Copthorne rebranding
inspiration for the hotel to continue in recently announced the upgrade been transformed with a modern design programme in New Zealand starting
its marketing efforts to promote the and rebrand of the Kingsgate Hotel whilst three additional family suites have with the Copthorne Hotel Wellington
property in China’s market and provide Palmerston North to Copthorne Hotel also been refurbished. The hotel’s new Oriental Bay (2008), Copthorne Hotel &
Grand Millennium Kuala Lumpur General Manager Mr Peter Gibbons (third from left) proudly
15 receiving the “2013 Best Partner” award from Ctrip’s Director Ms Stephane Thong (fourth from left). outstanding services to visiting guests.” Palmerston North. Situated just a restaurant, Jimmy Cook’s Kiwi Kitchen – Apartments Queenstown Lakeview (2011) 16
Looking on are the teams from the hotel and Ctrip. said Mr Gibbons. two-hour drive from Wellington, New serving “food Kiwis grew up with” – will and Copthorne Hotel Rotorua (2013).
CARING CITY JULY 2014
Over S$1M Raised
through Assisi Hospice
Charity Fun Day 2014
Together with
senior management
members of CDL
and CBM Pte Ltd,
Mr Grant Kelley,
CDL CEO (third from
left), received the
stall certificate of
appreciation from
Guest-of-Honour
Madam Halimah
Yacob (fourth from left)
CDL staff volunteers and senior management were in high spirits at the start of the CFD.
Since its establishment in 1969, Assisi Hospice has To raise funds towards fulfilling its vision, the Charity Fun
been dedicated to the palliative care of adults and Day (CFD) was established as an annual tradition. The CFD is
children with life-limiting illnesses. Steeped in the organised by Assisi Hospice, with the support of co-organiser
CDL and its subsidiary, CBM Pte Ltd. This year’s Assisi Hospice
intrinsic belief that a hospice provides a special
CFD marks the 11th time that CDL has participated as the event’s Assisi Hospice Patron Madam Ho Ching arriving in style at the CFD. CDL staff volunteers share a light-hearted moment at their stalls.
care that can touch the lives of those afflicted with
co-organiser.
incurable diseases, Assisi Hospice seeks to help
patients live out their lives with dignity At CDL, there has been a long-established culture of giving to These include operating eight stalls at the CFD, providing food and games stalls, spanning some 35 metres, that offered
and comfort. charitable causes financially, in effort and in kind. A long-time manpower and expertise for cleaning, security and waste kampong-style snacks and nostalgic games from an era past.
community partner of Assisi Hospice, CDL has helped to defray management (through CBM Pte Ltd) as well as sponsorship
some of the operational costs of the CFD as well as rallied its of gift vouchers for the CFD hourly lucky draws. All in all, the CFD raised over S$1 million through actual day
sister companies such as CBM Pte Ltd and its four Singapore as well as pre-event ticket sales and donations. The event was
hotels, namely Grand Copthorne Waterfront Hotel Singapore, At this year’s kampong-themed CFD held on 14 June at graced by Guest-of-Honour Madam Halimah Yacob, Speaker of
17 M Hotel Singapore, Copthorne King’s Hotel Singapore and St. Joseph’s Institution International school grounds, over 250 Parliament, accompanied by Assisi Hospice Patron, Madam Ho 18
Orchard Hotel Singapore, to contribute to the event. CDL employees and hotel staff rallied together to operate Ching, and members of Assisi Hospice’s senior management team.CARING CITY JULY 2014
Refreshed Youths Learn about Heritage
proactive young advocates who will
At one of the game drive green consumerism in the near
CDL
stations, teams had
to figure out how
to retrieve a cork
future.”
through Photo Adventure Trail
This year’s theme – “Out of Time” –
E-Generation
containing a code
wedged in a glass
sought to bring to the fore environmental
bottle. Against the issues through an interactive and
Challenge
backdrop of the educational gameplay which incorporated
Singapore River, a real-life “Escape Room” experience for
where this game was the first time.
a Hit with
played, youths learnt
how they could do
their part in recycling Participants were flagged off from
Youths
waste to curb City Square Mall, Singapore’s First Eco-
pollution and keep mall. Along the way, they had to “escape”
our water sources from an impending climate catastrophe
clean and safe.
by solving logic puzzles, riddles and tasks
that revolved around sustainability themes
such as Deforestation, Biodiversity,
Amidst global concerns over On 12 July, some 360 youths from 13 260 youths participating. To date,
Recycling, Pollution, Waste and Energy.
environmental issues, the tertiary institutions participated in the the CDL E-Generation Challenge has Youth participants and CDL staff volunteers take a group photograph with Minister for Manpower,
They were also rewarded for proactive
impetus to drive awareness and CDL E-Generation Challenge 2014, a reached out to some 1,800 youths. Adviser to Marine Parade GRC Grassroots Organisations and Member of Parliament for Marine
eco-habits such as recycling their task
five-hour eco-adventure around the Parade GRC (Kembangan - Chai Chee), Mr Tan Chuan-Jin (first row, ninth from left), before the
action has never been more materials after use. In addition, a mobile
city and civic district. CDL Chief Sustainability Officer, Photo Adventure Trail.
compelling. It was therefore app was introduced into the gameplay
Ms Esther An, said, “There are
apt to impress the urgency as a navigational tool to reduce the use
Now into its fifth year, the CDL mounting concerns over acute As part of SG50 celebrations, 50 volunteers from CDL’s employee volunteer club City
upon youths through the CDL E-Generation Challenge 2014 is environmental issues. Our youths must
of paper.
Sunshine Club (CSC) partnered 50 underprivileged youths from Marine Parade Group
E-Generation Challenge 2014, designed as an “ecotainment” outreach be equipped with the eco-knowledge Representative Constituency (GRC), as well as photo ambassadors and volunteers of
re-modelled this year to initiative for youths aged 17 to 25 years to drive change for more sustainable People’s Association, to embark on the “Click and Care Photo Adventure Trail” around
incorporate “Escape Room” old, to foster eco-consciousness. The lifestyle habits and choices. With the GRC on 12 July.
game elements. inaugural competition in 2010 saw over greater awareness, we hope to cultivate
The event was graced by Minister for Manpower, Adviser to Marine Parade GRC
Grassroots Organisations and Member of Parliament for Marine Parade GRC (Kembangan
- Chai Chee), Mr Tan Chuan-Jin. It aimed to educate the youths on the heritage and
history of the neighbourhood through photography.
During the Photo Adventure Trail, the youths took pictures of iconic landmarks within
Marine Parade, one of Singapore’s oldest estates. For many of the youths, it was the
first time they got to take photographs with cameras of their own. These cameras were
donated by members of the public and various corporations. The youths were also given
a scrapbook containing old pictures of iconic buildings in Marine Parade, as well as
questions related to these landmarks so that they could learn more about these buildings.
The highlight of the CDL E-Generation CDL Group General Manager and Advisor of CSC, Mr Chia Ngiang Hong, said, “Youth
Challenge 2014 had to be the specially- outreach, promoting the arts through photography and heritage conservation are areas
configured “Escape Rooms” where participants that CDL is passionate about. We are glad to be able to contribute meaningfully to
had to solve riddles and puzzles made out of this activity and befriend the youths; and at the same time, promote awareness and
recycled materials, while being “locked up” in
appreciation of our country’s built-up landscape and national heritage.”
an enclosed space. Once the correct keyword
was obtained, teams could then successfully
“escape” the room.
Big smiles all around
for one of the youth
The CDL E-Generation Challenge participants and CDL
2014 was supported by the Building senior management
and Construction Authority, National and staff volunteers,
including CDL Group
Environment Agency, and the National
General Manager
Parks Board. Event partners included and Advisor of CSC,
19 The 360 youth participants flagged off and concluded the CDL E-Generation Challenge 2014 at City Square Mall, Singapore’s First Eco-mall. Teams City Square Mall, ECO Singapore and Mr Chia Ngiang Hong 20
enthusiastically wrote and decorated their eco pledges on recycled paper as they penned down the environmental lessons learnt from the games. Star Horizon Learning. (far right).CARING CITY JULY 2014
What You Should Know About “There I Am” at
Corporate Responsibility in Asia Republic Plaza’s Photo Wall
2013 was a year of many Corporate Using a robust global standard, such as the though businesses can be a powerful force
Responsibility (CR) firsts in Asia. In May, Global Reporting Initiative (GRI), enables for social good by applying their resources
Singapore’s real estate giant CDL became the companies to comprehensively report on strategically so as to ensure long-term
first company outside of Europe to receive the the economic, environmental, social and profitability that is in step with society.
prestigious International Dilmun Environmental governance aspects of their business. However,
Award for excellence in environmental, in 2012, whilst there were 90 Singapore In such evaluations, it is also worth
health and safety management. Mondelèz companies doing some form of sustainability remembering that Rome wasn’t built in a day.
International (formerly Kraft) launched a reporting, only 20 adhered to the international Although we are seeing a step in the right
sustainability programme in Indonesia to GRI standard. Conversely, among the 200 direction, a company needs to recognise
encourage better and more transparent companies in China (and Hong Kong) that that in orienting its business to benefit its
sourcing, improve cocoa bean quality and raise published their sustainability report in 2012, stakeholders, society and the environment,
farmer productivity. And late in December, more than 90% were in accordance with significant effort and time must be invested
Wilmar International, Asia’s leading palm oil GRI’s framework. Put simply, the quality of to adopt sustainable practices. It is therefore
company, made a surprising move by declaring sustainability reporting in China looks to essential that the company embraces its
that its worldwide operations, including be making a stronger headway than that of responsibilities right into the heart of its
subsidiaries and third-party suppliers, will now Singapore’s. business strategy.
commit to a ‘no deforestation, no peat, no
exploitation’ policy. Building A Competitive Advantage As pioneers in sustainability consulting to
A recent study3 conducted by Corporate hundreds of corporations around the world, Testament to CDL’s longstanding into the fleeting and liminal moments CDL Singapore Young Photographer
CDL, Mondelèz and Wilmar operate in Citizenship on CR trends identified among Corporate Citizenship recognises that operating
dedication to the promotion of in everyday life. Award (SYPA) in 2012.
completely different industries, but they have Singapore’s 20 largest companies4 found such responsibly and getting credit for it has now
photography as an art form, the photo
much in common. Firstly, they are large public a ‘hidden gem’ - that the economic benefit of become the foundation for a business case. Be
wall at Republic Plaza Level 2 will be By contrasting artificial vibrant A national photography competition
companies facing tremendous shareholder engaging in CR has been overlooked by more it trust and loyalty from their customers, stronger
pressure to deliver growth results. All three than 40% of the companies analysed. and healthier performance from their workforce, refreshed with a new and introspective landscapes with soulful expressions that organised biennially by CDL since 2006,
have operations in developing countries in or better engagement with governments and series titled “There I Am” in August. reflect the subjects’ inner states of being, SYPA aims to discover and nurture
Asia. Thirdly, and significantly, these companies regulatory bodies – the message is clear: it just the images investigate the relationships aspiring photography talents aged
are breaking new grounds in CR in Asia, each in % brings them good business. “There I Am” was captured through between private and public spheres. between 13 and 25 years old. It is one
their unique way. 100 the lens of photographic artist and They capture moments on the street of CDL’s many initiatives contributing
100%
90 95% graphic designer Joanne Pang, who where people are caught in their private towards Singapore’s goal of establishing
Are these practices the sign of a new holds a Bachelor of Fine Arts (Visual worlds of curiosity, boredom, hesitation itself as a dynamic international arts and
80
phenomenon in Asia? Perhaps. Asia’s rich About Corporate Citizenship Communication) from Nanyang and waiting. Street architecture, culture hub.
supply of resources, cheap labour and 70 This article is by Ms Karin Laljani, Managing
Technological University’s School objects and nature are used as different
burgeoning middle-class consumer market Director, Corporate Citizenship. Corporate
60 of Art, Design and Media, and a components that situate the figures Results of the CDL SYPA 2014
have made the region a gold mine for 60% Citizenship is a global sustainability consultancy
50
Master of Fine Arts from The Royal within the parameters of chance and competition will be announced on 13
companies. However, as companies ramp up specialised in helping corporations achieve
their operations in Asia, many fail to institute their commitments to being responsible Danish Academy of Fine Art, School of encounter. August at a ceremony at The Concourse,
40
responsible business mechanisms. The result? businesses, built on sustainable practices. Visual Art in Copenhagen, Denmark. National Museum of Singapore, where an
Health scandals, water pollution, poor working 30 Represented in London, New York, Singapore, Ms Pang has worked in multi-disciplinary exhibition of the SYPA winners’ diverse
conditions, the list continues. 20 Bangalore and Copenhagen, Corporate An evocative portrait series that echoes design firms in both Singapore and photographic works will also be launched.
Citizenship has since supported more than 300 the poetics of human beings in a built Europe. In addition to having had her The exhibition is open to the public and
10
The good news is that we may be seeing a companies across all sectors. For more of the environment, “There I Am” features works exhibited at renowned galleries will run from 13 August to 7 September.
turning point. Evidence shows companies 0 latest insights on business sustainability, visit subjects who are isolated within various and arts festivals across Singapore,
Social/ Environment Economic
bucking the trend and starting their own CR Community www.corporate-citizenship.com. urban landscapes in lively cities such Japan, Denmark and Finland, Ms Pang For more information on the CDL
journeys with sustainability reporting. In Asia
as Copenhagen, Berlin and Zurich. It was also the winner of the “Themed SYPA 2014, please visit:
alone, sustainability reporting from 2008 to Figure 1 Proportion of reporting companies
is a reflection of as well as a glimpse Body of Work” Award category of the http://www.sypa.org.sg/2014/
2012 increased at an average rate of around mentioning economic benefits of CR to the 1
Global Reporting Initiative Reports List 1999-2013.
40%1 each year, with Singapore companies business is by far the lowest among the largest
being among the biggest contributors to this companies in Singapore. 2
Greenwashing refers to a form of media spin in
which green marketing is used to deceive the
growth. More Asian companies are publishing public into thinking that a company’s policies or City News Published by City Developments Limited. No reproduction, in part or in whole, of the
information about their CR practices for public products are environmentally friendly. newsletter may be made without prior permission of the editor. The views expressed in
Advisor: Mr Kwek Leng Joo this newsletter do not necessarily reflect those of the organisation. Information is correct
knowledge. But what are companies actually What does this imply? Companies are not Editor-in-chief: Ms Esther An at time of printing and is subject to changes. Visual representations such as pictures and
3
reporting? Can one discern good CR practices considering outcomes such as cost savings Corporate Responsibility in Singapore: the new Editor: Ms Belinda Lee drawings are artists’ impressions only and are subject to changes.
competitive advantage, Corporate Citizenship, MCI (P) 018/11/2013
from greenwashing2? In a sea of messages from and revenue created through innovation, job Produced by Corporate Communications Department,
October 2013. City Developments Limited Designer: Aught Pte Ltd
21 companies claiming to ‘do good’, who should creation, or benefits to the overall economy Website: www.cdl.com.sg Printer: Colourscan Co. (Pte.) Ltd. 22
we actually believe? through improved livelihoods. This is so even 4
According to Forbes Global 2000 List in 2012. Company Registration Number: 196300316Z Cover: Tree HouseYou can also read
