Keppel Land recognised for its sustainable business practices at the Singapore Apex Corporate Sustainability Awards

Keppel Land recognised for its sustainable business practices at the Singapore Apex Corporate Sustainability Awards
Keppel Land Limited( Keppel Land) was named a winner in the Sustainable Business order of the Singapore Apex Corporate Sustainability Awards 2022, one of the most prestigious awards on commercial sustainability for companies in Singapore.

Organised by Global Compact Network Singapore, the awards honor companies whose business operations or results have demonstrated excellence in embodying the Ten Principles of the United Nations( UN) Global Compact in the areas of terrain, mortal rights, labour andanti-corruption. The award for the Sustainable Business order is conferred to companies that have bettered in enforcing sustainable practices within their core operations.

Mr Louis Lim, CEO of Keppel Land, said, “ This accolade is an protestation of our unvarying commitment to integrating sustainability into the core of our business. We’ve accepted significant strides forward for sustainability in recent times, including publicizing our targets to halve our absolute compass 1 and 2 hothouse gas emigrations from 2020’s position by 2025, and achieve net zero by 2030. We’ll continue to advance our sustainability capabilities and pursue business openings, especially in the area of sustainable civic renewal, as we forge ahead in our vision to review civic spaces for a sustainable future. ”

Keppel Land has been a signatory to the UN Global Compact since 2011 and has espoused six of the UN Sustainable Development Goals which are most aligned with its business and material issues. The company also supports the Task Force on Climate- related fiscal exposures( TCFD) and freely bared its approach in the four crucial areas of governance, strategy, threat operation as well as criteria and targets, as recommended by the TCFD. As part of its environmental sustainability strategy, it develops new high- performance structures, optimises resource edge of completed parcels and gates renewable energy.

Keppel Land has garnered a aggregate of 89 BCA herbage Mark Awards for the parcels it has developed across Asia as at end- 2021, including one Platinum Zero Energy, one Platinum Super Low Energy and 16 Platinum Awards. As at end- 2021, the total estimated energy savings from all of these systems, when they’re completely completed, would be over 280 million kWh per annum. This is original to the quantum of energy demanded to power about,000 homes in Singapore for one time, and translates into cost savings of about$ 68 million annually. This is on top of the estimated total periodic water savings of about2.7 million m3 and periodic carbon emigrations reduction of about,000 tonnes.

Keppel Land’s commitment to sustainability was reaffirmed by several noteworthy assiduity honours in 2022. Keppel Land ranked second in Asia in the Diversified –Non-listed order and retained the Green Star Status in the 2022 GRESB Assessment, the leading environmental, social and governance standard for real estate and structure investments encyclopedically. At the Singapore Environmental Achievement Awards, Keppel Land won the Outstanding Achievement Award which recognises the stylish pantomime across all award orders, and also outgunned the Green structures order.

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    About Keppel Land Keppel Land is a wholly- possessed attachment of Keppel Corporation, a Singapore flagship transnational company furnishing results for sustainable urbanisation, fastening on energy & terrain, civic development, connectivity and asset operation.
    Keppel Land is an innovative civic space results provider that leverages technology to deliver sustainable and client- centric results that enrich people and communities. It’s concentrated in the areas of sustainable civic renewal, elderly living, civic living, retail and large- scale intertwined developments. Its award- winning portfolio comprises investment- grade marketable parcels, domestic developments and integrated townships. It’s geographically diversified in Asia, with China, Singapore and Vietnam as its crucial requests, while it continues to gauge up in India as well as other advanced requests encyclopedically.

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