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Singapore Power, widely recognised as SP Group, is a prominent utilities group headquartered in Singapore. Established in 1995 through the corporatisation of the former Public Utilities Board's electricity and gas departments, it serves as a cornerstone of the nation's energy infrastructure.
As Singapore's national grid operator, SP Group owns and maintains the island's electricity and gas transmission and distribution networks, ensuring a secure and reliable power supply. The company also provides innovative, sustainable energy solutions, including smart energy management, electric vehicle charging, and advanced district cooling systems.
Committed to powering a greener future, SP Group delivers secure, sustainable, and efficient energy to homes and businesses across Singapore. Through its digital utilities and next-generation infrastructure, it continually drives progress and enhances urban living.
+24 vs industry average
Singapore Power’s score of 40 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Electricity from Other Sources is among the most carbon-intensive industries
The Electricity from Other Sources industry has reduced its overall emissions by 36% since 2018
Scope 3 accounts for ••• of total emissions.
As an "Electricity nec" company headquartered in SG, Singapore Power reported total carbon emissions of approximately 1.33 billion kg CO2e in 2025. This figure comprises about 69.5 million kg CO2e from Scope 1 emissions, approximately 359.6 million kg CO2e from Scope 2 market-based emissions, and roughly 905.4 million kg CO2e from Scope 3 emissions.
Looking back, in 2024, Singapore Power's Scope 1 emissions were around 70.3 million kg CO2e, Scope 2 market-based emissions were approximately 389.3 million kg CO2e, and Scope 3 emissions totalled about 684.9 million kg CO2e. In 2023, the company reported approximately 76.7 million kg CO2e in Scope 1 emissions, 357.0 million kg CO2e in Scope 2 market-based emissions, and 757.5 million kg CO2e in Scope 3 emissions.
Singapore Power is committed to achieving net zero emissions across all scopes by 2050, aligning with Singapore's national ambition. This long-term target was unveiled in their FY2023-24 Sustainability Report.
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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