On 23 January, CDL joined over 100 companies from ten sectors headquartered in 24 countries and regions in the inaugural sector-neutral 2018 Bloomberg Gender-Equality Index (GEI). The index measures gender equality across internal company statistics, employee policies, external community support and engagement, and gender-conscious product offerings. CDL is the only real estate management and development company named in the GEI.
Mr Sherman Kwek, CDL Group CEO, said, “We are honoured to be the only real estate management and development company selected for the 2018 Bloomberg GEI. We have always believed in the importance of gender diversity and strived hard to make it part of our corporate culture and inherent within our workforce. In doing so, it has enabled us to benefit hugely from the unique perspectives and immense creativity which different individuals across both genders bring to the table. By harnessing the diversity of our talent pool represented by different genders, age groups, ethnicities, cultures, geographies and backgrounds, it has given us a strong strategic advantage when it comes to decision-making and operations. With women making up about 70% of CDL’s workforce and 40% of our department heads, we are committed to empowering women in our workplace and supporting their pursuit for career and personal development.”
CDL established an internal Diversity and Inclusion Task Force in 2017 to promote awareness and adoption of diversity and inclusion within the organisation and the larger community, and has also adopted a formal Board Diversity Policy which sets out a clear policy and framework for promoting diversity on its Board.
On the same day, CDL emerged as the longest-running Singapore-based company to be listed on the Global 100 Most Sustainable Corporations in the World, underscoring its unwavering conviction and commitment to sustainability. It is the first and only Singapore company to be on the index for nine consecutive years.
In addition, CDL is the highest scoring Singapore real estate company, and only one of four companies in the Hong Kong and Southeast Asia region to have attained Leadership level for its 2017 climate disclosure with CDP, the non-profit environmental disclosure platform. CDL also received the “Most Improved Award” at the CDP Results Launch for being the company with the biggest year-on-year improvements to their CDP climate change scores.