Public Profile

Singapore Press Holdings

Singapore Press Holdings (SPH) is a leading media organisation headquartered in Singapore (SG), with a strong presence across Southeast Asia. Founded in 1984, SPH has evolved into a diversified company, primarily operating in the media and property sectors. The company is renowned for its extensive portfolio of newspapers, magazines, and digital platforms, including The Straits Times and The Business Times, which are pivotal in delivering news and information to the region. SPH's commitment to innovation has positioned it as a market leader, consistently adapting to the digital landscape while maintaining high journalistic standards. With a focus on quality content and audience engagement, Singapore Press Holdings continues to shape the media industry, achieving notable milestones such as the successful transition to digital-first strategies and expanding its reach through various multimedia channels.

DitchCarbon Score

How does Singapore Press Holdings'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.

23

Industry Average

Mean score of companies in the Business Services 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.

9

Industry Benchmark

Singapore Press Holdings's score of 23 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.

84%

Singapore Press Holdings's reported carbon emissions

In 2021, Singapore Press Holdings (SPH) reported total carbon emissions of approximately 46,611,500 kg CO2e, comprising 113,500 kg CO2e from Scope 1 emissions and about 46,460,000 kg CO2e from Scope 2 emissions. The company has demonstrated a commitment to reducing its carbon footprint, as evidenced by its ongoing efforts to improve energy efficiency and lower greenhouse gas emissions intensity across its properties, such as Paragon and The Clementi Mall. SPH's emissions intensity has shown a downward trend over the years, with figures decreasing from 240 kg CO2e/m² in 2015 to 180 kg CO2e/m² in 2017, and stabilising at around 200 kg CO2e/m² in 2018. However, specific reduction targets or commitments, such as those aligned with the Science Based Targets initiative (SBTi), have not been disclosed. Overall, while SPH has made strides in emissions reduction, further transparency regarding specific climate commitments and future targets would enhance its sustainability profile.

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2021
Scope 1
113,500
Scope 2
45,746,000
Scope 3
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Singapore Press Holdings's primary industry is Other business services (74), which is very 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 Press Holdings 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 Press Holdings 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.

Science Based Targets Initiative
Carbon Disclosure Project
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?

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