Running Our Business Sustainably
We have committed to halve Scope 1 and 2 carbon emissions by 2030, compared to 2020 levels, and achieve net zero by 2050. We aim for 50% of the Group's electricity use to be from renewables by 2025, and 100% by 2030. We are expanding our tracking of Scope 3 emissions to cover all 15 categories, and are working with our supply chain and investments to improve energy efficiency and reduce emissions where possible.
Key decarbonisation initiatives:
- Keppel Land and M1 have announced Science-Based Targets Initiative (SBTi)-validated emission reduction targets, consistent with the reductions needed to limit global warming to 1.5°C.
- Keppel Infrastructure aims to reduce the emissions intensity of the Group’s power portfolio and achieve net zero emissions by 2050.
- In 2022, Keppel Capital became a signatory of the United Nations-supported Principles for Responsible Investing.
- Keppel Data Centres aims to achieve net zero Scope 1 and 2 emissions for all its new data centre assets in Singapore by 2030.