Keppel Ltd.

We are honoured to share that Keppel has been included in the Top 5% distinctions in the S&P Global Sustainability Yearbook 2025. This is the 3rd consecutive year that Keppel has been included in the Yearbook, which distinguishes companies within their industries that have demonstrated strengths in corporate sustainability.   Out of over 7,600 companies assessed based on the S&P Global 2024 Corporate Sustainability Assessment (CSA), 780 companies were included in the 2025 Sustainability Yearbook. Keppel is one of 75 companies and the only Singapore company that achieved the Top 5% CSA score.    Read more here: https://lnkd.in/dFBxfc7   #SPGSustainable1Yearbook

Keppel South Central, Keppel’s 33-storey flagship commercial tower located in the heart of Tanjong Pagar, has attained its Temporary Occupation Permit and secured a leading financial services group as its first anchor tenant.     Mr Louis Lim, CEO, Real Estate of Keppel, said, “Keppel South Central, with its state-of-the-art technologies, super low energy design and 24/7 facilities, sets a new benchmark for modern workspaces in Singapore. We are pleased to welcome our first anchor tenant who will experience this next-generation smart building designed for the talents of tomorrow.”    Set to be a key driver in the rejuvenation of Tanjong Pagar through its premium workspaces and placemaking activities, Keppel South Central is drawing strong interests from MNCs in technology, finance and professional services.    Read more here: https://lnkd.in/g6Y5erxN

Keppel has reported a net profit of $1,064 million from continuing operations for the full year ended 31 December 2024, 5% higher than the $1,015 million reported for FY23, excluding the effects of its legacy offshore and marine assets. This translates into a Return on Equity of 10.1%, compared to 9.5% in FY23. Mr Loh Chin Hua, CEO of Keppel, said, “Keppel’s multi-year transformation into a global asset manager and operator has yielded strong results. Amidst the volatile global environment, we delivered higher earnings bolstered by steady recurring income which anchored 72% of net profit in FY24. Our asset management fees in FY24 grew strongly by 54% to $436 million as we selectively made investments and raised FUM from $55 billion to $88 billion. As we accelerate Keppel’s growth, leveraging our integrated ecosystem to provide connectivity and sustainability solutions that the world needs, we will deliver strong returns to both our shareholders and Limited Partners.” Read more here: https://lnkd.in/gkf2TFsa

In the latest edition of Keppel’s digital newsletter, Insights, Ms Christina Tan, CEO of Fund Management and CIO of Keppel, discusses how the Company is positioned to seize opportunities from the rising demand for AI-ready data centres. Read this and more features at www.keppel.com/insights

The Keppel Coastal Trail at Labrador Nature Park is officially open to the public! 🌿 Located within a coastal beach forest that has undergone active restoration, the trail helps to strengthen the ecological and climate resilience of the nature reserve and was developed with the support of a $1 million donation from Keppel Care Foundation to the Garden City Fund, the National Parks Board's registered charity and IPC. To mark the opening of the trail, Mr Desmond Lee, Minister for National Development and Minster-in-Charge of Social Services Integration, together with Mr Danny Teoh, Chairman of Keppel, Mr Loh Chin Hua, CEO of Keppel, Mr Guy Daniel Harvey-Samuel, Chairman of the Garden City Fund, Keppel Volunteers and members of the community planted 55 native coastal trees along the trail. Read more here: https://lnkd.in/g3eNPfBv

We are pleased to share that Keppel has been recognised as a Top Employer in Singapore and China by the Top Employers Institute. Keppel has been certified since 2020 in Singapore and since 2023 in China. The certification acknowledges leading companies with progressive people practices in areas such as employee engagement, learning and development, diversity, and sustainability. In our 2024 Employee Engagement Survey, we achieved a high engagement score of 84%, with 87% of our staff indicating that they are proud to work for Keppel and 90% support the Company’s transformation into a global asset manager and operator. Mr Meng Hin Y., Keppel’s Chief Human Resource Officer, said, “We are honoured to retain our status as a Top Employer in both Singapore and China. Our people are our most valuable asset and their contributions are critical to our success as a global asset manager with deep operating capabilities. This recognition is testament to our commitment to fostering a dynamic and supportive workplace where Keppelites can thrive to their fullest potential.”  

We are pleased to share that Keppel has signed an MOU with the Lize Financial Business District Administrative Committee, the Beijing Institute of Architectural Design (BIAD) and DP Architects (DPA) last week. The MOU sets the stage for a collaborative effort towards the sustainable and technological development of the Lize Financial Business District, a key emerging financial hub in Beijing. Through this partnership, Keppel will provide sustainable, end-to-end solutions for real estate via our Sustainable Urban Renewal (SUR) initiative. This will encompass providing full cycle services ranging from planning and development management to sustainable urban renewal and energy management, at both the district and asset levels. We look forward to working closely with our partners to support the future development of the Lize Financial Business District and potentially extend our efforts to other districts in Beijing.

Keppel will design, build, own and operate Centralised Cooling Systems (CCS) at three upcoming Tengah Built-to-Order projects in Singapore. CCS can deliver better energy efficiency and reduce energy consumption compared to conventional air conditioning split unit systems, by aggregating cooling demand and delivering it via a centralised chilled water system. Read more about the innovative features of our CCS solution in this article by CNA: https://lnkd.in/g4kPtKNW

Keppel has pledged $1 million to revamp the NKF Singapore (The National Kidney Foundation)'s Kidney Discovery Centre (KDC). Slated to reopen in July 2025, the KDC at NKF’s Kim Keat headquarters is envisaged to be Singapore’s leading kidney health education hub. The centre will feature state-of-the-art technology and interactive exhibits to inspire kidney health awareness and proactive disease prevention, and is expected to engage some 10,000 visitors annually, including students, families, community groups and corporate visitors. Keppel’s donation is part of the Great Singapore Give, which aims to inspire a culture of continuous giving. The Great Singapore Give is a national movement by the National Volunteer and Philanthropy Centre (NVPC) in support of SG60. Read the full story here: https://lnkd.in/g4m_fz7W

2024 marked our first year as the New Keppel, a global asset manager and operator. In his 2025 New Year message to Keppelites, our CEO, Mr Loh Chin Hua, highlighted the progress made in Keppel's transformation and his expectation for Keppel to continue to perform well, propelled by tail winds in the energy transition, digitalisation/AI, and growing demand for alternative real assets, as well as from Keppelites united in pushing the Company forward on this new trajectory. The full message can be read here: https://lnkd.in/gPSEX5Fn