Keppel Sustainability Profile
Keppel Corporation, often referred to simply as Keppel, is a leading Singapore-based conglomerate with its headquarters in Singapore (SG). Founded in 1968, the company has established a strong presence across various sectors, including offshore and marine, property, infrastructure, and investments. Keppel's diverse portfolio includes innovative solutions in energy, urban development, and sustainable infrastructure, setting it apart in the competitive landscape. The company is renowned for its commitment to sustainability and technological advancement, which has earned it a prominent position in the global market. With significant operations in Asia, Europe, and the Americas, Keppel continues to achieve notable milestones, reinforcing its reputation as a key player in the industry. Its strategic focus on integrated solutions and long-term value creation positions Keppel as a forward-thinking leader in the global economy.
DitchCarbon Score
How does Keppel's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Services Auxiliary to Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Keppel's score of 71 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Keppel's reported carbon emissions
In 2024, Keppel's total carbon emissions amounted to approximately 6,036,570,000 kg CO2e, with Scope 1 emissions at about 1,323,000 kg CO2e and Scope 2 emissions at approximately 30,399,000 kg CO2e. The majority of their emissions, around 6,035,000,000 kg CO2e, fall under Scope 3, which includes categories such as the use of sold products and purchased goods and services. Keppel has set ambitious climate commitments, aiming to reduce its Scope 1 and 2 emissions to near zero by 2025. Additionally, they plan to halve their absolute Scope 1 and 2 emissions by 2030 compared to 2020 levels, with a long-term goal of achieving net zero emissions by 2050. Their Infrastructure Division specifically targets a reduction in the carbon emissions intensity of their Singapore power portfolio from about 0.37 tCO2/MWh to 0.27 tCO2/MWh by 2035. These commitments reflect Keppel's proactive approach to addressing climate change and align with industry standards, including the Science-Based Targets Initiative (SBTi). The data presented is not cascaded from any parent organization, indicating that these figures and targets are specific to Keppel Ltd.
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| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 578,725,000 | 000,000,000 | 0,000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 202,747,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | - | - | 0,000,000,000 |
How Carbon Intensive is Keppel's Industry?
How Carbon Intensive is Keppel's Location?
Keppel's Scope 3 Categories Breakdown
Keppel's Scope 3 emissions, which increased by 105% last year and increased significantly since 2017, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 73% of Scope 3 emissions.
Top Scope 3 Categories
Keppel's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Keppel has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
