Keppel Management Ltd.

Keppel Management Ltd., headquartered in Singapore and operating within the real estate services industry, has established significant climate commitments. While specific, current absolute emissions data for Keppel Management Ltd. itself is not provided, the company is part of a corporate family where targets are cascaded.

Keppel Land, a subsidiary within the Keppel Management Ltd. corporate structure, has made substantial commitments recognised by the Science Based Targets initiative (SBTi). These commitments include a near-term target to reduce absolute Scope 1 and Scope 2 greenhouse gas (GHG) emissions by 100% by 2030, using 2020 as a base year. Furthermore, Keppel Land aims to decrease Scope 3 GHG emissions from purchased goods and services by 20% per square meter by 2030, also from a 2020 baseline. These targets are classified as 1.5°C aligned, indicating their consistency with the reductions necessary to limit global warming to 1.5°C. The SBTi commitments are sourced from Keppel Land, with a near-term target year of 2030.

The performance data for the corporate family is inherited from the ultimate parent organisation, Keppel Ltd. The climate pledge status for Keppel Management Ltd. is not specified.