21-April-2018
Keppel underscores its continuing commitment to sustainability at the public screening of award-winning documentary, “A Plastic Ocean”

The public screening was organised in support of Earth Day 2018. As part of its multi-faceted approach to sustainability, Keppel Land has also unveiled its new sustainability targets, including to reduce its carbon emission intensity by 40% from 2010's level by 2030.

In support of Earth Day 2018 and its focus this year on ending plastic pollution, Keppel Land Limited (Keppel Land) and Keppel REIT Management Limited (Keppel REIT Management) have jointly organised the public screening of the award-winning documentary, A Plastic Ocean, at the Singapore Botanic Gardens today. The screening was supported by the Singapore Green Building Council (SGBC).

Dr Amy Khor, Senior Minister of State, Ministry of the Environment and Water Resources, was the Guest-of-Honour at the event, which was also attended by Dr Leong Chee Chiew, Deputy CEO, and Mr Tan Chong Lee, Assistant CEO, from the National Parks Board. Also present were Mr Loh Chin Hua, CEO of Keppel Corporation and Executive Chairman of Keppel Land and Mr Tan Swee Yiow, CEO of Keppel REIT Management and President of SGBC.

Dr Khor said, "In this Year of Climate Action, I am heartened to see corporations such as Keppel pledging to support international and local efforts to tackle the urgent challenge of climate change. The Government cannot do it alone. Strong involvement from individuals, businesses and organisations is also needed to tackle environmental issues and reduce our carbon footprint. The screening and mass pledging session today shows how businesses and individuals can come together to make Singapore a liveable and sustainable home, and the best place to do business in."

Mr Loh said, "As a leading sustainable developer, Keppel Land embraces a multi-faceted approach towards sustainability. Keppel Land has adopted six1 of the United Nations' (UN) Sustainable Development Goals which are most aligned with its business, and set targets for these Goals, including to reduce carbon emission intensity by 40% from 2010's level by 2030. The achievement of this target will result in a cumulative reduction of almost 140,000 tonnes of carbon emission from 2010 to 2030. We hope that through our actions, we can shape a sustainable future for generations to come."

Mr Tan Swee Yiow said, "Keppel REIT adopts a proactive approach to sustainability and strives to minimise the environmental impact of the buildings it manages. To date, Keppel REIT is the only REIT that has all its Singapore assets certified Platinum under the Building and Construction Authority's Green Mark Scheme. All of our operating Australia assets have also achieved the 5 Stars NABERS (National Australian Built Environmental Rating System) Energy rating. We are committed to do our part for the environment and create a positive impact wherever we operate."

Globally, it is estimated that there are more than 150 million tonnes of plastic in the oceans, with about eight million tonnes2 added every year. The documentary, A Plastic Ocean, highlights the causes and consequences of plastic pollution to the ocean, and shares solutions to tackling this problem.

At the screening today, members of the audience were encouraged to submit an online pledge to do their part to combat climate change and its impact at a mass pledging session, in support of the Year of Climate Action.

In addition, in line with the theme of reducing plastic pollution at the public screening, members of the audience were encouraged to bring their own bottles and use the water dispensers provided on-site instead of purchasing plastic bottled drinks. Carpets made from recycled materials such as discarded fishing nets were also provided to the audience to reduce the use of plastic mats.

Keppel Land and Keppel REIT Management take on a holistic approach towards sustainability and seek to raise awareness of environmental sustainability through organising and supporting eco-conscious initiatives. Besides today's documentary screening, Keppel Land and Keppel REIT Management are supporting the Eco Action Day campaign as the Strategic Partner and Office Building Supporter respectively for the fifth year running. The annual nationwide campaign encourages awareness of, and action for, the environment and celebrates the UN Environment Programme's World Environment Day, held every 5 June.


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1 The six United Nations' Sustainable Development Goals which Keppel Land has adopted are Goal 3: Good Health and Well-Being, Goal 9: Industry, Innovation and Infrastructure, Goal 11: Sustainable Cities and Communities, Goal 12: Responsible Consumption and Production, Goal 13: Climate Action and Goal 17: Partnerships for the Goals. Refer to Appendix for more information.

2 Source: The EU Conference "Towards a Plastic Free Ocean - What Role for Policymakers, Civil Society and Businesses?", 25 Oct 2017


Appendix 

Keppel Land

As a leading sustainable company, Keppel Land operates profitably yet in a socially and environmentally responsible manner.

Keppel Land has adopted six of the United Nations' 17 Sustainable Development Goals (SGDs) which are most aligned with its business. They are Goal 3: Good Health and Well-Being, Goal 9: Industry, Innovation and Infrastructure, Goal 11: Sustainable Cities and Communities, Goal 12: Responsible Consumption and Production, Goal 13: Climate Action and Goal 17: Partnerships for the Goals.

Keppel Land has taken steps to establish targets and align its existing strategies with these SDGs, which were identified based on the company's potential impact on and contribution to these goals.


Supporting Six Relevant Sustainable Development Goals

SDG Goal Objective Targets 
  Ensure healthy lives and promote well-being for all, at all ages.  • To maintain an incident- and injury-free work environment.
• To equip all frontline managers with the knowledge and skills of safety leadership.
• To have all new commercial developments certified to a recognised standard that supports and promotes the health and well-being of building occupants. 
  Build resilient infrastructure, promote inclusive and sustainable industrialisation and foster innovation.  • To invest, on average, 2% of the Company's profit in innovations to support sustainable developments by 2030. 
  Make cities and human settlements inclusive, safe, resilient and sustainable. • To have all new developments (except overseas residential projects) certified to the BCA Green Mark GoldPLUS standard (or its equivalent).
• To have all overseas residential developments certified to the BCA Green Mark Gold standard (or its equivalent).
• To have all newly acquired completed commercial buildings certified to the BCA Green Mark Gold standard (or its equivalent) within 2 years. 
  Ensure sustainable consumption and production patterns. • To reduce energy and water usage intensity by 30% from 2010's levels by 2030.
• To increase the amount of green materials used (e.g. green-labelled products, low-emission products, or products with recycled content) to 50% by 2030. 
  Take urgent action to combat climate change and its impacts.  • To reduce carbon emission intensity by 40% from 2010's level by 2030. 
  Strengthen the means of implementation and revitalise the global partnership for sustainable development • To continue collaborating with partners and stakeholders in the communities where we operate to build a sustainable future.


Keppel REIT Management

Keppel REIT Management adopts a holistic and proactive approach towards environmental management and is guided by its Environmental, Social and Governance Policy, which seeks to minimise, amongst others, resource depletion, carbon emission and waste generation.

The environmental management systems put in place by Keppel REIT Management provide a systematic framework for performance assessment. In managing its properties, the Manager aligns itself with global environmental standards including the International Organisation for Standardisation's ISO 14001:2015.

Keppel REIT Management has also set environmental targets, with 2010 as the base year, to reduce energy usage intensity by 30% by 2030, reduce carbon emission intensity by 30% by 2030, as well as to reduce water usage intensity by 60% by 2030.

Through the implementation of energy and water conservation initiatives, as well as harnessing of technology and innovations to reduce resource consumption and carbon emission at its properties, Keppel REIT is on track to achieve these reduction targets by 2030.

About Keppel Land

Keppel Land, the property arm of Keppel Corporation, is recognised for its sterling portfolio of award-winning residential developments and investment-grade commercial properties, as well as high standards of corporate governance and transparency.

The Company is geographically diversified in Asia, with Singapore and China as its core markets, as well as Vietnam and Indonesia as its growth markets.

Keppel Land is Asia's premier home developer, with a pipeline of more than 60,000 homes in Singapore and overseas. It brought waterfront living to a whole new level with the iconic residences at Keppel Bay and Marina Bay in Singapore. The Company is also a leading prime office developer in Singapore, contributing to enhancing the city's skyline with landmark developments such as Marina Bay Financial Centre, Ocean Financial Centre and One Raffles Quay. Keppel Land is committed to grow its commercial portfolio in key Asian cities such as Shanghai, Beijing and Tianjin in China, Ho Chi Minh City in Vietnam, Jakarta in Indonesia, Yangon in Myanmar and Manila in the Philippines.

As a leading sustainable company, Keppel Land operates profitably yet in a socially and environmentally responsible manner. Keppel Land has adopted six of the United Nations' 17 Sustainable Development Goals which are most aligned with its business. They are Goal 3: Good Health and Well-Being, Goal 9: Industry, Innovation and Infrastructure, Goal 11: Sustainable Cities and Communities, Goal 12: Responsible Consumption and Production, Goal 13: Climate Action and Goal 17: Partnerships for the Goals.

About Keppel REIT

Keppel REIT was listed by way of an introduction on 28 April 2006. Keppel REIT is one of Asia's leading REITs with the youngest and largest portfolio of premium Grade A commercial assets in Singapore's prime business and financial districts.

Keppel REIT's objective is to generate stable income and long-term growth for Unitholders by owning and investing in a portfolio of quality income-producing commercial real estate and real estate-related assets in Singapore and pan-Asia.

Keppel REIT had assets under management of approximately $8.5 billion comprising interests in nine premium office assets (completed and under development) strategically located in the central business districts of Singapore, as well as key Australian cities of Sydney, Melbourne, Brisbane and Perth.

In Singapore, the assets are Ocean Financial Centre (99.9% interest), Marina Bay Financial Centre (office Towers 1, 2 and 3 and the subterranean mall, Marina Bay Link Mall) (one-third interest), One Raffles Quay (one-third interest) and Bugis Junction Towers (100% interest).

In Australia, the assets are 8 Chifley Square (50% interest) in Sydney, 8 Exhibition Street in Melbourne (50% interest in the office building and 100% interest in another three retail units), 275 George Street in Brisbane (50% interest), as well as the David Malcolm Justice Centre in Perth (50% interest). Keppel REIT also has a 50% stake in a premium office tower which is under construction at 311 Spencer Street in Melbourne.

Keppel REIT is sponsored by Keppel Land Limited, one of Asia's leading property companies. It is managed by Keppel REIT Management Limited, a wholly-owned subsidiary of Keppel Capital Holdings Pte. Ltd. (Keppel Capital). Keppel Capital is a premier asset manager in Asia with a diversified portfolio in real estate, infrastructure and data centre properties in key global markets.

About "A Plastic Ocean"

Documentary Synopsis

A Plastic Ocean is an adventure documentary shot on more than 20 locations over four years. Explorers Craig Leeson and Tanya Streeter and a team of international scientists reveal the causes and consequences of plastic pollution and shares solution.

Trailer: https://www.youtube.com/watch?v=6zrn4-FfbXw


For more information, please contact:

Fiona Aw
Senior Executive
Group Corporate Communications
Keppel Corporation Limited
Tel: (65) 6413 6435 / (65) 9835 6469
Email: fiona.aw@kepcorp.com