Raffles Medical Group Ltd, commonly referred to as Raffles Medical, is a leading healthcare provider headquartered in Singapore (SG). Established in 1976, the company has grown to become a prominent player in the health and social work services industry, specifically within the sector classified as 85. Raffles Medical operates a network of clinics, hospitals, and specialist centres, offering a comprehensive range of medical services that include primary care, health screening, and specialist consultations.
With a commitment to quality healthcare, Raffles Medical distinguishes itself through its integrated healthcare model and advanced medical technology. The group has achieved significant milestones, including the establishment of Raffles Hospital, which is renowned for its state-of-the-art facilities. As a trusted name in the region, Raffles Medical continues to expand its footprint, providing exceptional healthcare services across Singapore and beyond, solidifying its position as a leader in the healthcare industry.
+6 vs industry average
Raffles Medical Group Ltd’s score of 29 is higher than 54% 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
Health Services has typical carbon intensity
Industry performance
The Health Services industry has reduced its overall emissions by 23% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Raffles Medical Group Ltd's reported carbon emissions
Raffles Medical Group Ltd, headquartered in Singapore and operating within the Health and social work services (85) industry, has disclosed its carbon emissions for recent years. In 2024, the company reported total Scope 1 and Scope 2 emissions of approximately 28.99 million kg CO2e. This figure is comprised of approximately 1.20 million kg CO2e for Scope 1 and approximately 17.00 million kg CO2e for Scope 2. For 2023, Raffles Medical Group Ltd's total Scope 1 and Scope 2 emissions were approximately 19.13 million kg CO2e, with Scope 1 emissions at approximately 1.65 million kg CO2e and Scope 2 emissions at approximately 17.49 million kg CO2e.
Raffles Medical Group Ltd has established several climate commitments and reduction targets. The company has a long-term goal to reduce Scope 1 and Scope 2 emissions by 10% by 2050, with a starting point of 2023. In the medium term, they aim for a 5% reduction in Scope 1 and Scope 2 emissions by 2030. Furthermore, a medium-term target also seeks a 5% reduction in energy consumption intensity by 2035. For the short term, Raffles Medical Group Ltd is targeting a 5% reduction in waste generation intensity by 2030.
The company's emissions data is reported for Raffles Medical Group Ltd itself, with no indication of data cascading from a parent organisation. It is important to note that Scope 3 emissions data for purchased goods and services are currently missing from their disclosures.
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Raffles Medical Group Ltd’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
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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Raffles Medical Group Ltd
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