Keppel
Keppel Corporation, often referred to simply as Keppel, is a leading Singapore-based conglomerate with its headquarters in Singapore (SG). Founded in 1968, the company has established a strong presence across various sectors, including offshore and marine, property, infrastructure, and investments. Keppel's diverse portfolio includes innovative solutions in energy, urban development, and sustainable infrastructure, setting it apart in the competitive landscape. The company is renowned for its commitment to sustainability and technological advancement, which has earned it a prominent position in the global market. With significant operations in Asia, Europe, and the Americas, Keppel continues to achieve notable milestones, reinforcing its reputation as a key player in the industry. Its strategic focus on integrated solutions and long-term value creation positions Keppel as a forward-thinking leader in the global economy.
DitchCarbon Score
How does Keppel'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.
Industry Average
Mean score of companies in the Services Auxiliary to Financial Intermediation 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.
Industry Benchmark
Keppel's score of 63 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Keppel's reported carbon emissions
In 2024, Keppel reported total carbon emissions of approximately 6,063,570,000 kg CO2e, with significant contributions from Scope 1, Scope 2, and Scope 3 emissions. Specifically, Scope 1 emissions were about 1,323,000 kg CO2e, while Scope 2 emissions totalled approximately 30,399,000 kg CO2e. The majority of emissions stemmed from Scope 3, which accounted for about 6,033,570,000 kg CO2e, highlighting the extensive impact of their supply chain and product use. Keppel has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 emissions to near zero by 2025. Additionally, the company plans to halve its absolute Scope 1 and 2 emissions by 2030, compared to 2020 levels. Their Real Estate Division has also committed to achieving net zero emissions by 2030, in line with the Science-Based Targets Initiative (SBTi). Furthermore, Keppel's Infrastructure Division aims to reduce the carbon emissions intensity of its Singapore power portfolio from about 0.37 tCO2/MWh to 0.27 tCO2/MWh by 2035. Long-term goals include achieving net zero Scope 1 and 2 emissions by 2050 across various divisions. These commitments reflect Keppel's proactive approach to addressing climate change and reducing its carbon footprint, aligning with global sustainability efforts.
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| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 578,725,000 | 000,000,000 | 0,000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | - | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 202,747,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | 000,000,000 | 000,000,000 | 0,000,000,000 | 000,000,000 | 0,000,000,000 | - | - | 0,000,000,000 |
Industry emissions intensity
Location emissions 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.
Keppel is not participating in any of the initiatives that 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.
