Keppel REIT, a prominent player in the real estate services sector, is headquartered in Singapore (SG) and primarily operates across key markets in Asia-Pacific. Founded in 2006, the company has established itself as a leader in the management and investment of high-quality commercial properties, focusing on office and mixed-use developments.
With a diverse portfolio that includes iconic assets in Singapore, Australia, and South Korea, Keppel REIT is recognised for its commitment to sustainability and innovation. The company’s unique approach to real estate investment, emphasising long-term value creation, has positioned it favourably within the competitive landscape. Notable achievements include its consistent performance in delivering stable returns to unitholders, reinforcing its status as a trusted name in the industry.
+28 vs industry average
Keppel REIT’s score of 57 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Real Estate Services has above-average carbon intensity
Industry performance
The Real Estate Services industry has reduced its overall emissions by 17% since 2018
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Keppel REIT's reported carbon emissions
Keppel REIT, headquartered in Singapore and operating in real estate services (70), has made significant commitments to reducing its carbon footprint. For the reporting year 2025, Keppel REIT reported total absolute emissions of approximately 38.5 million kg CO2e. This figure comprises Scope 1 emissions of about 1.45 million kg CO2e, Scope 2 emissions (market-based) of approximately 11.01 million kg CO2e, and Scope 3 emissions totalling about 26.02 million kg CO2e.
In the prior reporting year, 2024, total absolute emissions were approximately 43.53 million kg CO2e. This included Scope 1 emissions of around 1.97 million kg CO2e, Scope 2 emissions (market-based) of roughly 11.66 million kg CO2e, and Scope 3 emissions amounting to approximately 29.91 million kg CO2e. For 2023, total absolute emissions were approximately 41.47 million kg CO2e, with Scope 1 at about 1.54 million kg CO2e, Scope 2 (market-based) at approximately 11.94 million kg CO2e, and Scope 3 at around 26.46 million kg CO2e.
Keppel REIT has set an ambitious near-term target to halve its Scope 1 and 2 emissions by 2030, using a 2019 baseline. The company is actively engaged in initiatives to achieve this goal, demonstrating a clear commitment to climate action within the real estate sector.
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Keppel REIT’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
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Emissions comparison with industry peers
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