Singtel

Singtel's reported carbon emissions

Singtel, headquartered in SG and operating in the post and telecommunication services sector, reported a total of approximately 2.67 billion kg CO2e in Scope 1, 2, and 3 emissions for 2025. This includes approximately 13.2 million kg CO2e for Scope 1, approximately 342.5 million kg CO2e for Scope 2 (market-based), and approximately 2.31 billion kg CO2e for Scope 3. In 2024, Singtel's total emissions were approximately 2.90 billion kg CO2e, comprising roughly 8.4 million kg CO2e in Scope 1, approximately 405.5 million kg CO2e for Scope 2 (market-based), and around 2.48 billion kg CO2e for Scope 3. The previous year, 2023, saw total emissions of approximately 4.28 billion kg CO2e, with Scope 1 at approximately 6.3 million kg CO2e, Scope 2 (market-based) at about 434.3 million kg CO2e, and Scope 3 at roughly 3.84 billion kg CO2e. Singtel has established ambitious climate commitments. The company aims to achieve net-zero greenhouse gas emissions across its value chain by 2045. As part of its near-term strategy, Singtel is committed to reducing absolute Scope 1 and 2 GHG emissions by 55% by FY2030, using FY2023 as a base year. Furthermore, Singtel is working to reduce absolute Scope 3 GHG emissions from purchased goods and services, capital goods, use of sold products, downstream leased assets, and investments by 40% within the same timeframe. The company also aims for a 90% reduction in absolute Scope 1, 2, and 3 GHG emissions by FY2045 from the FY2023 baseline. These targets are validated by the Science Based Targets initiative (SBTi), aligning with a 1.5°C warming scenario. Previously, Optus had committed to a 25% reduction in Scope 1 and 2 GHG emissions in Australia by 2025, compared to a 2015 baseline. Singtel is also striving to source 100% of its electricity requirements from renewable energy sources by the end of 2025.