Keppel
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 63 is higher than 82% 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 6,063,570,000 kg CO2e, with emissions distributed across various scopes: 1,323,000 kg CO2e (Scope 1), 30,399,000 kg CO2e (Scope 2), and a significant 6,033,357,000 kg CO2e (Scope 3). The combined Scope 1 and 2 emissions totalled about 31,722,000 kg CO2e. In 2023, the company reported total emissions of approximately 52,506,000 kg CO2e, with Scope 1 emissions at 3,091,000 kg CO2e and Scope 2 emissions at 49,415,000 kg CO2e. Notably, Keppel has set ambitious climate commitments, aiming to reduce its Scope 1 and 2 emissions to near zero by 2025. Additionally, the company has pledged to halve its absolute Scope 1 and 2 emissions by 2030, using 2020 levels as a baseline. Keppel's Real Estate Division has aligned its targets with the Science-Based Targets Initiative (SBTi), committing to achieve net zero emissions by 2030. Furthermore, the Infrastructure Division aims to reduce the carbon emissions intensity of its Singapore power portfolio from about 0.37 tCO2/MWh to 0.27 tCO2/MWh by 2035. Overall, Keppel's climate strategy reflects a strong commitment to sustainability and significant reductions in carbon emissions across its operations.
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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 | 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 | 00,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | 000,000,000 | 000,000,000 | 0,000,000,000 | 000,000,000 | 0,000,000,000 | - | - | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Keppel is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
