Keppel Sustainability Profile
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 investments. The company operates extensively in Asia, Europe, and the Americas, showcasing its global reach. Keppel is renowned for its innovative solutions in the offshore and marine industry, particularly in rig design and construction, as well as its sustainable urban development projects. The company has achieved significant milestones, including the development of integrated townships and smart city solutions, positioning itself as a pioneer in sustainable urbanisation. With a commitment to excellence, Keppel continues to strengthen its market position, earning recognition for its contributions to the industry and its dedication to sustainability.
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 14 is lower than 89% 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 2018, Keppel's total carbon emissions in Singapore amounted to approximately 1,039,098,000 kg CO2e, comprising about 829,957,000 kg CO2e from Scope 1 and about 209,141,000 kg CO2e from Scope 2 emissions. This reflects a slight decrease from 2017, when emissions were about 1,032,281,000 kg CO2e in Singapore, with Scope 1 emissions at approximately 838,666,000 kg CO2e and Scope 2 at about 193,615,000 kg CO2e. Globally, Keppel reported total emissions of about 1,027,250,000 kg CO2e in 2018, with Scope 1 emissions at approximately 1,001,025,000 kg CO2e and Scope 2 emissions at about 237,722,000 kg CO2e. This also shows a reduction from 2017, where global emissions were about 1,089,669,000 kg CO2e, with Scope 1 at approximately 1,065,179,000 kg CO2e and Scope 2 at about 228,551,000 kg CO2e. Despite these figures, Keppel has not set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The company has not disclosed any Scope 3 emissions data, which typically includes indirect emissions from the value chain. Overall, Keppel's commitment to reducing its carbon footprint is evident through its reporting, although specific reduction strategies and targets remain unspecified.
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| 2016 | 2017 | 2018 | |
|---|---|---|---|
| Scope 1 | 1,205,749,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 224,146,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - |
How Carbon Intensive is Keppel's Industry?
How Carbon Intensive is Keppel's Location?
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.
