CDL Creating Value through Sustainability Soo Chiat Hwang CW Chan 2016
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In 2011, the Singapore Air Transport Ministry, Singapore’s national aviation regulator, commissioned CDL, a logistics and transport company, to “Develop an air cargo operation and develop a strategic alliance for integrated air cargo logistics” to be launched in 2012. In that year, CDL signed two Memoranda of Understanding (MOU’s) with Singapore Airlines (SIA) to collaborate on the cargo service, “Flight Forward” to operate cargo and palletized load services to Singapore and destin
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Adopting sustainable strategies is becoming increasingly crucial for many companies to remain competitive. This essay discusses CDL’s sustainability practices and how it has helped the company in achieving its objective of creating value for shareholders. click to find out more Sustainable Practices CDL’s sustainability practices are aimed at promoting the company’s commitment to creating a positive impact on the environment and enhancing the company’s bottom line. The company recognizes that its actions and decisions have a direct impact
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CDL (Container Depot Linhao) has been in the news a lot lately. As part of its commitment to sustainability, CDL has set a goal of becoming zero-waste by 2020. CDL has set up waste recovery facilities at every container depot, which are now used to collect, sort and recycle. The success of this initiative is evident as there has been a significant reduction in the amount of waste generated in the last two years, from 6,676 tons in 2012 to
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The use of clean energy, sustainable and environmentally friendly practices has become a buzzword these days. CDL, a global shipping company based in Singapore, has taken a significant step towards being a world leader in sustainable shipping. CDL is well on its way to be a green shipping player by 2020. They recently launched a project in which they have been investing around $4 billion, to turn their terminal in Port of Singapore, in a zero-waste facility. They plan to achieve this through the installation of a