Keppel Ltd 2020 AR2
The report outlines Keppel Corporation's performance and strategic progress in 2020, highlighted by the launch of its Vision 2030 to transform into an integrated business providing solutions for sustainable urbanisation. Despite facing significant challenges from the COVID-19 pandemic and recording a net loss of $506 million due to impairments in the offshore and marine business, all other key business units remained profitable. Notable achievements include receiving an AAA rating from MSCI ESG Research, winning 21 Workplace Safety and Health Awards, and completing the Keppel Marina East Desalination Plant on schedule. The company also committed over $5 million to COVID-19 relief efforts and introduced an internal shadow carbon pricing policy to mitigate climate-related risks.
Company: Keppel Ltd
Sector: Finance & insurance
Country: Singapore
Year: 2020
Type: AR2
Pages: 244
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Keppel Ltd
Annual Report
The report outlines Keppel Corporation's performance and strategic progress in 2020, highlighted by the launch of its Vision 2030 to transform into an integrated business providing solutions for sustainable urbanisation. Despite facing significant challenges from the COVID-19 pandemic and recording a net loss of $506 million due to impairments in the offshore and marine business, all other key business units remained profitable. Notable achievements include receiving an AAA rating from MSCI ESG Research, winning 21 Workplace Safety and Health Awards, and completing the Keppel Marina East Desalination Plant on schedule. The company also committed over $5 million to COVID-19 relief efforts and introduced an internal shadow carbon pricing policy to mitigate climate-related risks.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Workplace Fatalities
Employees