Keppel REIT
Keppel REIT's GHG Emissions Data Preview
In 2023, Keppel REIT completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).
Keppel REIT has also provided a category-level breakdown for 8 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Market-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Location-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
Insights into Keppel REIT's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Keppel REIT amounted to 19,642 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Keppel REIT increased by 11.13%, suggesting that the company faced challenges in reducing its emissions from its core operations.
Keppel REIT's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Keppel REIT's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Keppel REIT were 1,453 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Has Keppel REIT reduced its Scope 1 emissions over time?
Since 2019, Keppel REIT's Scope 1 emissions have decreased by 19.23%, reflecting a declining long-term trend in Scope 1 emissions over time.
Compared to the previous year (2022), Keppel REIT's Scope 1 emissions decreased by 6.32%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.
What are Keppel REIT's Scope 2 emissions?
In 2023, Keppel REIT reported Scope 2 greenhouse gas (GHG) emissions of 14,343 tCOâ‚‚e using the market-based method, and 18,189 tCOâ‚‚e using the location-based method.
Has Keppel REIT reduced its Scope 2 emissions over time?
Since 2019, Keppel REIT's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 16.7%, reflecting a declining long-term trend in Scope 2 emissions over time.
Compared to the previous year (2022), Keppel REIT's Scope 2 emissions (Location-Based) rose by 12.81% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy
What methodology does Keppel REIT use for Scope 2 reporting?
In 2023, Keppel REIT reported its Scope 2 emissions using the market-based method and using the location-based method.
Keppel REIT's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Keppel REIT's Value Chain Emissions
In 2023, Keppel REIT reported 27,601 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
The 2023 disclosure of Keppel REIT includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.
Keppel REIT's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Keppel REIT's Scope 3 emissions?
In 2023, Keppel REIT reported total Scope 3 emissions of 27,601 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Approximately 46.87% of these emissions originated from upstream activities such as purchased goods and capital goods, while 53.13% came from downstream activities like product use, distribution, and end-of-life treatment.
Compared to the previous year (2022), Keppel REIT's Scope 3 emissions remained relatively stable, indicating that Keppel REIT 's emissions have plateaued with no significant change in its value chain footprint.
What categories of Scope 3 emissions does Keppel REIT disclose?
In 2023, Keppel REIT reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol.
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Keppel REIT's Scope 3 emissions?
In 2023, the largest contributors to Keppel REIT's Scope 3 emissions were:
- Downstream Leased Assets (Cat. 13): 14,665 tCOâ‚‚e (53.13%)
- Fuel- and Energy-Related Services (Cat. 3): 5,215 tCOâ‚‚e (18.89%)
- Purchased Goods and Services (Cat. 1): 4,631 tCOâ‚‚e (16.78%)
Keppel REIT's Scope 3 Emissions by Categories
Insights into Keppel REIT's Total Carbon Footprint
In 2023, Keppel REIT reported a total carbon footprint of 47,243 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 5.18% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.
The largest contributor to Keppel REIT's total carbon footprint was Scope 3 emissions, accounting for 58.42% of the company's total carbon footprint, followed by Scope 2 emissions at 38.5%.