Public Profile

Singapore Power

Singapore Power, also known as SP Group, is a leading energy utility company headquartered in Singapore. Established in 1997, it has become a cornerstone of the nation’s energy landscape, providing essential services across electricity and gas distribution. The company operates primarily in Singapore, with a focus on enhancing energy efficiency and sustainability. Singapore Power is renowned for its innovative solutions in energy management, including smart grid technology and renewable energy integration. Its commitment to reliability and customer service has positioned it as a market leader in the region. Notable achievements include the development of a robust infrastructure that supports Singapore's growing energy demands while prioritising environmental sustainability. With a strong emphasis on digital transformation, Singapore Power continues to set benchmarks in the energy sector, ensuring a sustainable future for its customers.

DitchCarbon Score

How does Singapore Power'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.

49

Industry Average

Mean score of companies in the Electricity Supply 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.

29

Industry Benchmark

Singapore Power's score of 49 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.

91%

Singapore Power's reported carbon emissions

In 2023, Singapore Power reported carbon emissions of approximately 703,330 tonnes CO2e for Scope 1 and about 350,507,000 tonnes CO2e for Scope 2, alongside 684,860,000 tonnes CO2e for Scope 3 emissions. This marked a reduction in Scope 1 emissions from 76,721,000 tonnes CO2e in 2022, indicating a commitment to lowering their carbon footprint. Over the years, Singapore Power has demonstrated a consistent effort to manage and reduce its emissions. For instance, Scope 1 emissions decreased from 90,088,000 tonnes CO2e in 2021 to 78,546,000 tonnes CO2e in 2020. Scope 2 emissions also showed fluctuations, with a notable reduction from 24,438,000 tonnes CO2e in 2021 to 21,490,000 tonnes CO2e in 2020. Despite the absence of specific reduction targets or initiatives outlined in their recent reports, Singapore Power's ongoing efforts reflect a broader industry trend towards sustainability and carbon neutrality. The company continues to focus on improving its emissions intensity, achieving approximately 0.00834 tonnes CO2e/MWh in 2023, down from 0.01006 tonnes CO2e/MWh in 2022. Overall, Singapore Power's emissions data and performance indicate a proactive approach to climate commitments, aligning with global efforts to mitigate climate change impacts.

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Add to project
2018
2019
2020
2021
2022
2023
Scope 1
3,560,000
0,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 2
24,247,000
00,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 3
-
-
-
-
000,000,000
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Singapore Power's primary industry is Electricity nec, which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Singapore Power is headquartered in SG, which has a rank of low, indicating low grid carbon intensity.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Singapore Power is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

SBTi
CDP
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers