As a responsible green developer, Keppel Land keeps itself at the forefront of sustainable best practices. The Company strives to create vibrant and innovative live-work-play environments of enduring value across communities wherever it operates.
FORERUNNER IN SUSTAINABILITY REPORTING
Keppel Land continues to set standards in sustainability reporting, and is among the first companies in Singapore to adopt and align its Sustainability Report 2016 with the Global Reporting Initiative’s (GRI) Sustainability Reporting Standards (SRS): Comprehensive option.
The Sustainability Report details the Company’s approach and initiatives taken in integrating sustainability into its business operations. The externally-audited report, which is the Company’s ninth Sustainability Report since 2008, provides an account of Keppel Land’s sustainability performance as well as its strategies and practices, while highlighting the economic, environmental and social impacts of the Company’s activities and developments across its properties and operations in Singapore and overseas.
In his message to stakeholders, Mr Ang Wee Gee, CEO of Keppel Land, said, “We believe that sustainability is key to future-proofing our business. We will continue to align ourselves with international best practices and benchmarks, as well as actively engage our stakeholders to shape a more sustainable future.”
Under its Carbon Management Plan, Keppel Land aimed to reduce its carbon emissions by 16% below 2010’s levels by 2020. In 2016, the Company achieved this target with a 16.5% carbon emissions intensity reduction from 2010’s emission levels. Meeting this target results in a reduction of about 23,000 tonnes of carbon dioxide emissions, which will yield potential savings of over $12.4 million annually up to 2020.
Testament to its strong commitment and continuous improvement in environmental performance, Keppel Land garnered the Quality Champion (Gold) Award by the Building and Construction Authority of Singapore (BCA) in 2016 and 2017.
In 2016, Keppel Land also extended the scope of its Integrated Management System (IMS) to cover its operations in Vietnam. This follows the implementation of the IMS for its Singapore and China operations in 2014 and 2015 respectively. The IMS combines the ISO 9001, ISO 14001 and OHSAS 18001 standards on quality, environmental management as well as occupational health and safety management respectively into a single framework.
SUSTAINABLE DEVELOPMENT GOALS
At the United Nations Sustainable Development Summit 2015, world leaders adopted the 2030 Agenda for Sustainable Development.
This comprises a set of 17 Sustainable Development Goals (SDGs), of which Keppel Land is focusing on six which are most aligned with its business.
Keppel Land is setting targets in line with the six SDGs to further guide it on its sustainability journey over the next few years.
RESPONSIBLE DESIGN VALUES
Keppel Land has developed a set of Responsible Design Values in 2016 for all its new projects in Singapore and overseas.
These guidelines are based on the four key principles of innovative designs, integration of values, cost effectiveness and marketability of projects, and encapsulate the Company’s conscious effort to deliver the best standards in liveability, quality, aesthetics and sustainability.
These design values are:
- Health and Well-being
- Safety and Security
- Fit for Purpose
- Design for climate responsiveness, resource efficiency and ecological conservation
“We believe that sustainability is key to future-proofing our business. We will continue to align ourselves with international best practices and benchmarks, as well as actively engage our stakeholders to shape a more sustainable future.” – Mr ANG WEE GEE CEO of Keppel Land
GREEN MARK AWARDS
|BCA AWARDS 2017|
|Quality Champion (Gold)||Keppel Land|
|Green Mark Platinum||Marina Bay Financial Centre Towers 1 and 2*
One Raffles Quay*
|Green Mark GoldPLUS||Keppel Bay Tower Management Office Sedona Hotel Yangon (Inya Wing)|
|Green Mark Gold||The Springdale Plot 4-1, Shanghai, China Seasons Residences, Shanghai, China Seasons Park, Tianjin, China Serenity Villas Phase 1, Chengdu, China Central Park City, Wuxi, China Sedona Hotel Yangon (Garden Wing), Myanmar Sutera Mall, Johor Bahru, Malaysia|
At the BCA Awards 2017, the Keppel Land Group swept 12 awards for its properties in Singapore and overseas, including the prestigious Quality Champion (Gold) Award.
This brings the total number of BCA Awards in Keppel Land’s portfolio to-date to 65, of which 10 are Platinum. Total energy savings from Keppel Land’s BCA Green Mark-certified properties amount to over 142 million kWh, which is the equivalent to the energy required to power more than 25,000 homes in Singapore for one year, and translates to cost savings of $27 million per annum.
This is in addition to annual water savings exceeding 1.7 million m3, which is equivalent to about 680 Olympic-sized swimming pools, and translates to about $3.4 million in cost savings annually. Annual carbon reduction is over 60,000 tonnes, an amount which would otherwise require about 300,000 trees to absorb over their entire lifetime.
HARNESSING SYNERGIES FOR A CLEANER FUTURE
Leveraging synergies within the Keppel Group, in 2016, Keppel Land began to purchase renewable energy from Keppel Electric to power its corporate office at Bugis Junction Towers. Harvested from photovoltaic panels installed in premises operated by Keppel Infrastructure, the energy is then transferred to Keppel Land.
This is the first time a BCA Green Mark-certified office is using renewable energy generated offsite to fully power its operations.
Through this innovative offsite solar power purchase scheme, Keppel Land expects to offset about 150,000 kg of carbon emissions annually – an amount which would otherwise require about 750 trees to absorb over their entire lifetime.