Keppel Ltd
Keppel's GHG Emissions Data Preview
In 2024, Keppel 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 has also provided a category-level breakdown for 12 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/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  b | 0000000 |
Location-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  c | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 |
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bVerified Sources Behind Keppel’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’s data sources below and access millions more through our Disclosure Search.
Insights into Keppel's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Keppel amounted to 55,925 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 decreased by 18.86%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab
Keppel's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Keppel's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Keppel were 1,323 metric tons of CO₂ equivalent (tCO₂e).a
Has Keppel reduced its Scope 1 emissions over time?
Since 2020, Keppel's Scope 1 emissions have decreased by 96.89%, reflecting a declining long-term trend in Scope 1 emissions over time.ac
Compared to the previous year (2023), Keppel's Scope 1 emissions decreased by 57.2%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
What are Keppel's Scope 2 emissions?
In 2024, Keppel reported Scope 2 greenhouse gas (GHG) emissions of 30,399 tCO₂e using the market-based method and 54,602 tCO₂e using the location-based method.a
Has Keppel reduced its Scope 2 emissions over time?
Compared to the previous year (2023), Keppel's Scope 2 emissions (Location-Based) fell by 17.06% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.ab
What methodology does Keppel use for Scope 2 reporting?
In 2024, Keppel reported its Scope 2 emissions using the market-based method and using the location-based method.a
Keppel's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Keppel's Value Chain Emissions
In 2024, Keppel reported 6,033,570 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 includes a breakdown across 12 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's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Keppel's Scope 3 emissions?
In 2024, Keppel reported total Scope 3 emissions of 6,033,570 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 20.48% of these emissions originated from upstream activities such as purchased goods and capital goods, while 79.52% came from downstream activities like product use, distribution, and end-of-life treatment.a
Has Keppel reduced its Scope 3 emissions over time?
Since 2020, Keppel's Scope 3 emissions have increased by 216.01%, reflecting a rising long-term trend in Scope 3 emissions over time.ac
Compared to the previous year (2023), Keppel's Scope 3 emissions remained relatively stable, indicating that Keppel's emissions have plateaued with no significant change in its value chain footprint.a
What categories of Scope 3 emissions does Keppel disclose?
In 2024, Keppel reported emissions for 12 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This reflects a high level of granularity and transparency in the company's emissions reporting.
What are the main sources of Keppel's Scope 3 emissions?
In 2024, the largest contributors to Keppel's Scope 3 emissions were:a
- Use of Sold Products (Cat. 11): 4,381,512 tCO₂e (72.62%)
- Purchased Goods and Services (Cat. 1): 1,070,732 tCO₂e (17.75%)
- Investments (Cat. 15): 347,045 tCO₂e (5.75%)
Keppel's Scope 3 Emissions by Categories
Insights into Keppel’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Keppel reported Scope 1 greenhouse gas (GHG) emissions of 1,323 tCO₂e and total revenues of USD 4,843 millions. This translates into an emissions intensity of 0.27 tCO₂e per millions USD.a
Keppel's Scope 1 Emissions Intensity Compared to Peers
How does Keppel's GHG emissions intensity compare to its peers?
In 2024, Keppel reported a Scope 1 emissions intensity of 0.27 tCO₂e per millions USD. Compared to the peer group median of 24.04, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does Keppel rank on GHG emissions intensity within its industry?
In 2024, Keppel ranked 1 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Keppel among the top performers, with one of the lowest emissions intensities relative to peers.a
Insights into Keppel's Total Carbon Footprint
In 2024, Keppel reported a total carbon footprint of 6,089,495 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.08% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab
The largest contributor to Keppel's total carbon footprint was Scope 3 emissions, accounting for 99.08% of the company's total carbon footprint, followed by Scope 2 emissions at 0.9%.a