Keppel REIT
Keppel REIT's GHG Emissions Data Preview
In 2024, 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 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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aVerified Sources Behind Keppel REIT’s Greenhouse Gas (GHG) Emissions Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Keppel REIT’s data sources below and access millions more through our Disclosure Search.
Insights into Keppel REIT's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Keppel REIT amounted to 19,001 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). a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Keppel REIT increased by 4.25%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
Keppel REIT's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Keppel REIT's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Keppel REIT were 2,033 metric tons of CO₂ equivalent (tCO₂e). a
Has Keppel REIT reduced its Scope 1 emissions over time?
Since 2019, Keppel REIT's Scope 1 emissions have increased by 7.91%, reflecting a rising long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2023), Keppel REIT's Scope 1 emissions increased by 32.36%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
What are Keppel REIT's Scope 2 emissions?
In 2024, Keppel REIT reported Scope 2 greenhouse gas (GHG) emissions of 11,884 tCO₂e using the market-based method and 16,968 tCO₂e using the location-based method. a
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 25.08%, reflecting a declining long-term trend in Scope 2 emissions over time. a
Compared to the previous year (2023), Keppel REIT's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Keppel REIT 's emissions have plateaued with no significant change in its energy consumption footprint. a
What methodology does Keppel REIT use for Scope 2 reporting?
In 2024, Keppel REIT reported its Scope 2 emissions using the market-based method and using the location-based method. a
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 2024, Keppel REIT reported 29,913 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2024 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 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a
Keppel REIT's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Keppel REIT's Scope 3 emissions?
In 2024, Keppel REIT reported total Scope 3 emissions of 29,913 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 48% of these emissions originated from upstream activities such as purchased goods and capital goods, while 52% came from downstream activities like product use, distribution, and end-of-life treatment. a
Compared to the previous year (2023), Keppel REIT's Scope 3 emissions increased by 13.06%, suggesting that the company faced challenges in reducing emissions across its value chain. a
What categories of Scope 3 emissions does Keppel REIT disclose?
In 2024, Keppel REIT reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol. a
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 2024, the largest contributors to Keppel REIT's Scope 3 emissions were: a
- Downstream Leased Assets (Cat. 13): 15,556 tCO₂e (52%)
- Purchased Goods and Services (Cat. 1): 5,028 tCO₂e (16.81%)
- Fuel- and Energy-Related Services (Cat. 3): 4,386 tCO₂e (14.66%)
Keppel REIT's Scope 3 Emissions by Categories
Insights into Keppel REIT’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Keppel REIT reported Scope 1 greenhouse gas (GHG) emissions of 2,033 tCO₂e and total revenues of USD 192 millions. This translates into an emissions intensity of 10.59 tCO₂e per millions USD. a
Keppel REIT's Scope 1 Emissions Intensity Compared to Peers
How does Keppel REIT's GHG emissions intensity compare to its peers?
In 2024, Keppel REIT reported a Scope 1 emissions intensity of 10.59 tCO₂e per millions USD. Compared to the peer group median of 4.58 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
Where does Keppel REIT rank on GHG emissions intensity within its industry?
In 2024, Keppel REIT ranked 18 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
Keppel REIT is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a
Insights into Keppel REIT's Total Carbon Footprint
In 2024, Keppel REIT reported a total carbon footprint of 48,914 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 9.47% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to Keppel REIT's total carbon footprint was Scope 3 emissions, accounting for 61.15% of the company's total carbon footprint, followed by Scope 2 emissions at 34.69%. a