Keppel

Keppel, headquartered in Singapore, reported total carbon emissions of approximately 6.71 billion kg CO2e in 2025. This includes Scope 1 emissions of 1.23 million kg CO2e, Scope 2 emissions of 20.08 million kg CO2e, and Scope 3 emissions of 6.7 billion kg CO2e.

Looking back, Keppel's Scope 1 and 2 emissions have fluctuated. In 2024, Scope 1 emissions were 1.32 million kg CO2e and Scope 2 emissions were 30.40 million kg CO2e. In 2023, these were 3.09 million kg CO2e (Scope 1) and 49.42 million kg CO2e (Scope 2). In 2022, Scope 1 emissions were 29.42 million kg CO2e and Scope 2 emissions were 112.58 million kg CO2e. For 2021, Keppel's Scope 1 emissions were 28.63 million kg CO2e, Scope 2 were 128.49 million kg CO2e, and Scope 3 were 2.94 billion kg CO2e. In 2020, Scope 1 emissions were 42.48 million kg CO2e, Scope 2 were 129.81 million kg CO2e, and Scope 3 were 1.91 billion kg CO2e.

Keppel is committed to significant emissions reductions. They aim to halve their Scope 1 and 2 emissions by 2030, using a 2020 baseline, and achieve net-zero Scope 1 and 2 emissions by 2050. Furthermore, Keppel's Real Estate Division has set Science-Based Targets Initiative (SBTi) aligned goals to halve its absolute Scope 1 and 2 emissions by 2025 from 2020 levels, with a further commitment to achieve net-zero by 2030. The Data Centres and Networks Division aims for net-zero Scope 1 and 2 emissions for all new data centre assets in Singapore by 2030. Additionally, Keppel's Infrastructure Division intends to reduce the carbon emissions intensity of its Singapore power portfolio from approximately 0.37 tonnes CO2/MWh to 0.27 tonnes CO2/MWh by 2035.