- Data availability limitations in assessing Scope 3 emissions and water consumption
- Challenges in engaging investee companies to improve data availability
- Heightened geopolitical and economic uncertainties
- Unprecedented weather events
Singapore Life Ltd
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Singapore Life Ltd disclosed greenhouse gas emissions of 4.0K tonnes of CO2e (FY2022). By scope: Scope 2: 456 tCO2e (FY2023); Scope 3: 761.3K tCO2e (FY2022). 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
4.0K tonnes of CO2e (FY2022)
2023
Water Usage
1.8K (FY2023 limited data coverage)
2023
Energy Use
1.1K MWh (FY2023)
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 456 tCO2e (FY2023) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 761.3K tCO2e (FY2022) |
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 | 4.0K tonnes of CO2e (FY2022) |
| 2022 | 459 tCO2e/year (Scope 2) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced Scope 2 emissions intensity by close to 5% to 0.301 tCO2e per employee
- Achieved a paper recycling rate of 49.8%
- Reduced energy usage by 2.8% from 1,125 megawatt-hours (MWh) to 1,094 MWh
- Reduced energy intensity by 7.7%
🎯 Climate & Sustainability Targets
🔜 Short-term
- 10% increase in average employee volunteering hours from FY2023
- Establish long-term community partnerships and programmes
📅 Medium-term
- Assess Scope 1 and 2 emissions for all Singapore and Philippines offices
- Start developing decarbonisation roadmap
- Assess Scope 3 emissions for Singapore sites
🔭 Long-term
- Achieve net-zero emissions by 2050
🌱 ESG Focus Areas
Responsible InvestmentLow Carbon OperationsInnovation for Green and GoodCultureCommunity CareEffective GovernanceEthical and Robust Risk Management Practices