Keppel Corporation: Best Sustainable Urbanisation Solutions South East Asia 2020


Keppel Corporation began operations in 1968, shortly after Singapore gained independence. From a small ship repair yard, Keppel has grown into a diversified global company offering comprehensive solutions for sustainable urbanisation. It builds on synergies between sectors and key business verticals: energy and environment, urban development, connectivity and asset management. Keppel’s global presence stretches from Asia-Pacific to Europe, the Middle East and the Americas. The group has proven skills in the design, development and delivery of energy and environmental assets, data centres, residential and commercial properties, among others. Keppel’s multiple income streams flow from the development and operation of projects to the creation and management of trusts and private funds. The group was instrumental in the development of Tianjin Eco-City, the Sino-Singapore joint venture which transformed barren and polluted land into a landmark achievement of green living. Construction crews broke ground in 2008, and there are now around 100,000 people living and working there. It serves as a model for governments worldwide to replicate and scale. Keppel built its latest desalination plant in Singapore underground, with water treatment and security optimised below and public parks above. Strong ESG performance has earned Keppel Corporation a triple-A rating in the MSCI ESG ratings, and placed the group in the top 11 percent of industrial conglomerates ranked by MSCI. In 2019, Keppel generated $8.2bn of economic value for its stakeholders and invested $9.6m to care for the underprivileged, support education and protect the environment. The judging panel presents Keppel Corporation with the 2020 award for Best Sustainable Urbanisation Solutions (South East Asia).

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