Keppel Ltd

Common Name
Keppel
Country
Singapore
Sector
Industrials
Industry
Conglomerates
Employees
5,249
Ticker
BN4
Exchange
SINGAPORE EXCHANGE
Description
Keppel Corporation Limited is a diversified conglomerate based in Singapore with a focus on a broad spectrum of industries including offshore and marine, property, infrastructure, and investments. It ...

Keppel's GHG Emissions Data Preview

In 2023, 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)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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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's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Keppel amounted to 68,922 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 decreased by 53.24%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Keppel's Scope 1 Emissions Over Time

2020202120222023015 k30 k45 k60 ktCO2e-33%+3%-89%
  • Total Scope 1
  • Year-over-Year Change

What are Keppel's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Keppel were 3,091 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Keppel reduced its Scope 1 emissions over time?

Since 2020, Keppel's Scope 1 emissions have decreased by 92.72%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Keppel's Scope 1 emissions decreased by 89.49%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Keppel's Scope 2 emissions?

In 2023, Keppel reported Scope 2 greenhouse gas (GHG) emissions of 49,415 tCOâ‚‚e using the market-based method, and 65,831 tCOâ‚‚e using the location-based method.

Has Keppel reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Keppel's Scope 2 emissions (Location-Based) fell by 44.2% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.

What methodology does Keppel use for Scope 2 reporting?

In 2023, Keppel reported its Scope 2 emissions using the market-based method and using the location-based method.

Keppel's Scope 2 Emissions Over Time

2020202120222023035 k70 k105 k140 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Keppel's Value Chain Emissions

In 2023, Keppel reported 6,015,981 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 includes a breakdown across 12 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's Scope 3 Emissions Over Time

202020212022202302 M4 M6 M8 MtCO2e+54%+108%-2%
  • Total Scope 3
  • Year-over-Year Change

What are Keppel's Scope 3 emissions?

In 2023, Keppel reported total Scope 3 emissions of 6,015,981 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 20.42% of these emissions originated from upstream activities such as purchased goods and capital goods, while 79.58% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Keppel reduced its Scope 3 emissions over time?

Since 2020, Keppel's Scope 3 emissions have increased by 215.09%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Keppel's Scope 3 emissions remained relatively stable, indicating that Keppel 's emissions have plateaued with no significant change in its value chain footprint.

What categories of Scope 3 emissions does Keppel disclose?

In 2023, Keppel reported emissions for 12 out of the 15 Scope 3 categories defined by the GHG Protocol.

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 2023, the largest contributors to Keppel's Scope 3 emissions were:

  • Use of Sold Products (Cat. 11): 4,369,877 tCOâ‚‚e (72.64%)
  • Purchased Goods and Services (Cat. 1): 1,102,908 tCOâ‚‚e (18.33%)
  • Investments (Cat. 15): 348,882 tCOâ‚‚e (5.8%)

Keppel's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(18.3%)Investments(Cat. 15)(5.8%)Use of Sold Products(Cat. 11)(72.6%)

Insights into Keppel's Total Carbon Footprint

In 2023, Keppel reported a total carbon footprint of 6,084,903 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.78% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Keppel's total carbon footprint was Scope 3 emissions, accounting for 98.87% of the company's total carbon footprint, followed by Scope 2 emissions at 1.08%.

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