Keppel Corporation Limited, commonly known as Keppel, is a leading multi-business company headquartered in Singapore (SG). Founded in 1968, Keppel has established a strong presence across various sectors, including offshore and marine, property, infrastructure, and investment. The company is renowned for its innovative solutions in the energy and urban development industries, with a focus on sustainability and technological advancement. With operations spanning Asia, Europe, and the Americas, Keppel has achieved significant milestones, such as its pioneering role in the development of floating solutions and smart city initiatives. The company’s core offerings include rig design and construction, property development, and environmental services, all distinguished by their commitment to quality and efficiency. Keppel's market position is bolstered by its strategic partnerships and a robust portfolio, making it a key player in the global market.
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.
Mean score of companies in the 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.
Keppel's score of 55 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Keppel reported total carbon emissions of approximately 6,068,487,000 kg CO2e, with Scope 1 emissions at about 3,091,000 kg CO2e, Scope 2 emissions at approximately 49,415,000 kg CO2e, and Scope 3 emissions reaching around 6,015,981,000 kg CO2e. This reflects a significant reliance on Scope 3 emissions, which primarily stem from investments and the use of sold products. Keppel has set ambitious climate commitments, aiming to achieve a 100% reduction in absolute Scope 1 and 2 greenhouse gas emissions by 2030, using 2020 as the baseline year. Additionally, the company targets a 20% reduction in Scope 3 emissions from purchased goods and services per square metre by the same year. These targets align with the Science Based Targets initiative (SBTi) and are designed to support global efforts to limit warming to 1.5°C. Overall, Keppel's emissions data and climate commitments demonstrate a proactive approach to sustainability, with a clear focus on reducing their carbon footprint across all scopes of emissions.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|---|
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 |
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 |
Scope 3 | - | - | - | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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 committed to some reduction initiatives 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.