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Keppel Corporation

Keppel Corporation, established in 1968 and headquartered in Singapore, is a prominent asset manager specialising in infrastructure and real estate businesses. The company has a presence in more than 20 countries across Asia, Australia, Europe and the US and operates in 11 megacities. In 2022, it sold around 2,210 residential properties in China, India, Indonesia, Singapore and Vietnam.

Summary

Keppel Corporation reports transparently on numerous sustainability topics. However, there is clear potential for the company to strengthen its performance in many areas.

The company discloses its material topics and assigns clear oversight of its sustainability strategy to higher-level committees. It can, however, improve transparency on its stakeholder engagement by disclosing how it addresses all key issues that are raised by its various stakeholders.

Keppel Corporation reports data on its locally hired employees and work-related injuries. To further enhance transparency, the company should disclose its process for identifying and mitigating key human rights risks, as well as information on the affordability and quality of its portfolio.

In relation to its environmental impacts, the company should improve its management practices to achieve consistent reductions in air pollution, waste generation and water withdrawal. While Keppel aims to achieve net zero by 2050 and shows decreasing non-renewable energy use, it should also establish science-based reduction targets for its most material greenhouse gas emissions and regularly report on progress against these targets.

Ranking position: #41 /300
Total score: 24.5 /100

Measurement area	Score	Rank (0-300)
Governance & Strategy	#1 16.7 /100	#55
Inclusive Cities	#1 32.5 /100	#46
Healthy Cities	#1 15.8 /100	#38
Climate Proof & Resilient Cities	#1 24.2 /100	#31
Core Social Indicators	#1 33.3 /100	#38

Industries
Real estate	#14

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More about the company

Headquarters: Singapore
Ownership structure: Public
Revenue: USD 4,797 billion (2022)
Number of employees: 19163 (2022)
Website: https://www.kepcorp.com

This company is part of the SDG2000, the 2000 most influential companies

See company profile SDG2000