Our Stakeholders

Building trust, credibility and respect amongst stakeholders is CDL’s utmost priority. In identifying stakeholders, the Company is guided not only by our Corporate Mission and our CSR objectives, but also by global standards for sustainable management. We also take into consideration the relevance of stakeholder groups to our core business. The Company has adopted various initiatives and communication platforms to structure a coherent and timely response to material concerns and expectations of stakeholders. To clearly illustrate the importance CDL places on stakeholder identification and engagement, we have included some examples of stakeholder initiatives here. More instances of stakeholder engagement can be found in this chapter and in Chapter 3: Impacts.

Stakeholder Initiatives + Action
Customers
  • Green Living Kit which contains a Green Living Guide
  • Innovative green features in buildings to help reduce water and energy consumption
  • Safeguarding customer information
  • Regular surveys amongst homebuyers and tenants for improvement of the service levels
Employees
  • Employee Assistance Programme (Counselling Service) and a grievance platform
  • Fair and competitive remuneration packages
  • Flexible working hour arrangement
  • Strong emphasis on training and development
  • Workplace Safety Guidelines for employees to cultivate good safety habits and create a strong safety culture in the workplace
Builders &
Suppliers
  • Green Procurement Guidelines for project managers, consultants and builders including green design considerations, features, products and practices to be incorporated in CDL’s developments
  • Environmental, Health and Safety (EHS) standards ensured through quarterly CDL 5-Star EHS Assessment System
  • Provision of conducive working environment for workers at worksites
Government &
Regulators
  • Senior management representation on boards of various industry bodies and sustainability-related public discussions
  • Regulatory readiness to the Singapore Government’s commitment to manage carbon emissions
  • Shared the sustainability reporting journey at the Launch of Sustainability Reporting Guide for Listed Companies organised by the Singapore Exchange (SGX)
Investors
& Media
  • Timely release of quarterly financial results
  • Commitment to maintaining good corporate governance and business integrity in all business activities
  • Amongst 17 founding signatories of the Anti-Corruption & Compliance Declaration
  • Semi-annual briefings for analysts and media
  • Investing more resources in the engagement of the larger investor community which includes sustainability analysts, rating agencies and the socially responsible investment community in forms of dialogues, participation in interviews, surveys, reports and one-on-one meetings
NGOs &
Communitie
s
  • Active participation in sharing CDL’s CSR journey to a wide range of stakeholders
    Organiser Key Platforms in 2011
    SPRING Singapore Launch of ISO 26000:2010 Guidance on Social Responsibility
    Singapore Institute of Directors Seminar on CSR and Sustainability Reporting
    Singapore Business Federation Asia Pacific Sustainability Leadership Forum
    CPA Australia Annual CPA Congress
    Nanyang Technological University (NTU) Symposium on Accounting, Reporting and Assurance for a Sustainable Future
    Singapore Management University (SMU) International Conference of Society of Global Business and Economic Development
    National University of Singapore (NUS) 10th Anniversary Conference on Sustainable Environmental Management in Urban Asia
    Social Enterprise Association Annual Flagship Conference “Investing in Businesses with a Difference”
    Institute of Public Relations of Singapore Seminar on Sustainability