01st Feb, 2023

CDL Listed on 2023 Bloomberg Gender-Equality Index for Sixth Consecutive Year


Currently, two out of nine directors on CDL’s Board are women; the two directors are Ms Carol Fong (left) and Ms Tang Ai Ai Mrs Wong Ai Ai (right).

City Developments Limited (CDL) joins 483 other companies as a member of the 2023 Bloomberg Gender-Equality Index (GEI), a modified market capitalisation-weighted index that gauges the performance of public companies committed to reporting gender-related data. This reference index measures gender equality across five pillars: leadership and talent pipeline, equal pay and gender pay parity, inclusive culture, anti-sexual harassment policies, and external brand.

This year, CDL is one of six Singapore companies to be listed, marking the sixth consecutive year the company has been recognised on the index since its inauguration in 2018.

The 2023 GEI reaches globally to represent 45 countries and regions, including firms headquartered in Luxembourg, Ecuador, and Kuwait for the first time. Member companies represent a variety of sectors, including financials, technology, and utilities, which continue to have the highest company representation in the index from 2022.

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