- Higher finance costs and loss allowances for Guangdong Data Centres.
- Net lower contributions from some Singapore colocation assets due to higher facilities expenses and less favourable forex hedges.
- Supply chain issues leading to protracted construction lead times, coupled with limited natural resources and labor shortages.
- Power constraints in key markets (e.g., West London, Amsterdam).
- Stricter sustainability standards and regulations imposed by governments.
- Economic downturn significantly affecting China's retail colocation market.
Keppel DC REIT
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Keppel DC REIT disclosed greenhouse gas emissions of 64.3K tCO2e/year. By scope: Scope 1: 783 tCO2e/year; Scope 2: 63.6K tCO2e/year; Scope 3: 138.2K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
64.3K tCO2e/year
2023
Renewable Energy
~17%
of total energy
Water Usage
514.4 ML/year
2023
Waste
166.2 tons/year
2023
Energy Use
1.7M GJ/year
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 783 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 63.6K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 138.2K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 64.3K tCO2e/year |
| 2022 | 225.2K tCO2e/year |
| 2021 | 218.2K tCO2e/year |
| 2020 | 215.5K tCO2e/year (Scope 1 & 2) |
| 2019 | 133.5K tCO2e/year |
| 2016 | 81.8K tCO2e (Scope 1: 246 tonnes Scope 2: 81690 tonnes) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced combined Scope 1 and Scope 2 emissions by 7.1% year-on-year (2023 vs 2022), achieving a 13.6% reduction compared to the 2019 baseline. Avoided 26,190 tCO2e of emissions in 2023 through renewable energy procurement at KDC DUB 1 and KDC DUB 2.
- Reduced total water consumption by 14.0% year-on-year (2023 vs 2022).
- Keppel DC Dublin 1 and 2 achieved LEED v4.1 Operations and Maintenance Gold certification.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce water consumption
- Obtain green certification for all Singapore colocation assets by 2025
- Achieve at least a 10% reduction in effective PUE for colocation assets that undergo major asset enhancement works by 2025
📅 Medium-term
- Halve combined Scope 1 and Scope 2 emissions by 2030 from a 2019 baseline
- Introduce renewable energy to at least 50% of colocation assets by 2030
- Obtain green certification for all colocation assets by 2030
🌱 ESG Focus Areas
Environmental StewardshipResponsible BusinessPeople and Community