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Services Auxiliary to Financial Intermediation
SG
updated 21 hours ago

Keppel

Company website

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.

63

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.

29

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.

82%

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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 significant contributions from Scope 1, Scope 2, and Scope 3 emissions. Specifically, Scope 1 emissions were about 1,323,000 kg CO2e, while Scope 2 emissions reached approximately 30,399,000 kg CO2e. The majority of emissions stemmed from Scope 3, which accounted for about 6,033,000,000 kg CO2e, highlighting the extensive impact of their supply chain and product use. Keppel has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 emissions to near zero by 2025. Additionally, the company is committed to halving its absolute Scope 1 and 2 emissions by 2030, using 2020 levels as a baseline. This commitment aligns with the Science-Based Targets Initiative (SBTi) and includes specific targets for its Real Estate Division, which aims for net zero emissions by 2030. In the long term, Keppel Infrastructure Trust has set a target to achieve net zero Scope 1 and 2 emissions by 2050. 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 comprehensive approach to carbon emissions reduction reflects its commitment to sustainability and climate action, positioning the company as a leader in the industry.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20142015201620172018201920202021202220232024
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

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Keppel's primary industry is Services auxiliary to financial intermediation (67), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Keppel is in SG, which has a low grid carbon intensity relative to other regions.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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