Keppel Ltd.

Thanks to The Business Times for the insightful coverage on our CEO’s interview in Keppel Ltd.’s FY 2024 Annual Report released today. https://lnkd.in/ghC2vzVQ

We are pleased to present Keppel Ltd.’s Annual Report 2024: Building a Global Champion. 2024 marked our first year as the New Keppel, a global asset manager and operator. We are meeting growing demand for alternative real assets propelled by structural tailwinds in climate change, the energy transition, urbanisation, digitalisation and the AI wave. With deep operating expertise and experience in various asset classes, we harness diverse sources of capital to create quality assets and solutions that the world needs, while delivering strong returns to our shareholders and Limited Partners. Read more about Keppel’s capabilities as a trusted ecosystem partner for sustainability and connectivity solutions at https://lnkd.in/gT6BEnz7.

Keppel has signed an MOU with the Japan Bank for International Cooperation (JBIC), aimed at establishing a clean energy supply chain in Asia that will help to advance the energy transition and promote sustainable digitalisation in the region.   This collaboration leverages Keppel’s deep expertise in sustainability and connectivity solutions and JBIC’s financing capabilities and business networks. Keppel and JBIC seek to cooperate in areas such as renewable energy, transmission lines for energy trade, hydrogen, ammonia, data centres and subsea cables in Asia. The partnership will also create potential financing opportunities for Keppel’s ongoing projects in electricity importation and low carbon energy.   Read the full story here: https://lnkd.in/gyA-cx2a

In celebration of World Water Day, Keppel is proud to share that we continue to make a positive impact through our Living Well initiative, providing clean water to vulnerable communities.    This year, we expanded our efforts with new solar-powered water filtration systems in the Hau Giang and Soc Trang provinces of Vietnam’s Mekong Delta region. We have also launched a new water treatment plant in Kasara Village, Maharashtra, India.   Nguyen Thi Ngoc Han, a secondary school student from Hoa Tien commune, Vietnam, shared, “Saltwater intrusion has significantly impacted our daily lives. Without clean water for domestic use, my parents must travel long distances to buy it. Thanks to the Living Well initiative, we now have access to clean water, and our lives have greatly improved.”   To date, Keppel’s Living Well initiative has benefitted some 97,000 people across Vietnam and India. #WorldWaterDay

With over 30 years of investing in Vietnam, Keppel remains committed to the country’s sustainable development and growth.     On his official visit to Singapore from 11 to 13 March 2025, the Communist Party of Vietnam General Secretary, His Excellency To Lam, met Mr Louis Lim, Keppel’s CEO, Real Estate. At the meeting with His Excellency, Mr Lim reaffirmed Keppel’s commitment to investing in Vietnam, leveraging its expertise in infrastructure, real estate, and connectivity to drive sustainable solutions and attract private investments.    Photo Credit: Vietnam News Agency 

💡 Keppel has pledged to make a donation to WWF to support Earth Hour 2025. We will also be switching off non-essential lighting at various properties in Singapore during Earth Hour, including the prime commercial assets in Keppel REIT’s portfolio. Earth Hour is a global movement organised by WWF to raise awareness of climate change and environmental action. 🌍 Join us in turning off non-essential lights for one hour on 22 March at 8:30 PM as a commitment to take action for our planet! 

Keppel has pledged RMB5 million over five years to the China Foundation for Rural Development (CFRD) to uplift rural communities. The donation will support CFRD in upgrading school kitchens and providing nutrition to the students of 30 schools in rural areas of Guangnan County in Yunnan Province. In addition, Keppel will provide energy-saving lighting systems to help the schools decarbonise their operations. Keppel’s employees will also chip in by volunteering their time, knowledge, and skills to encourage active learning among students. Mr Eric Goh, Chief Representative (China) of Keppel, said, "Keppel is committed to making a positive impact in the communities where we operate. On the occasion of the celebration of 35 years of diplomatic relations between Singapore and China, we are delighted to continue our partnership with CFRD to support the development of rural areas in Yunnan Province. This donation underscores our dedication to contributing to the well-being of local communities wherever we operate, and supporting sustainable development." Read more here: https://lnkd.in/gx6u45ee

At Keppel, engaging our suppliers to enhance their ESG performance is part of our commitment to run our business sustainably. The latest iteration of our Carbon Management Workshop, organised in partnership with the UN Global Compact Network Singapore, brought together close to 20 Keppel suppliers, including several Small and Medium Enterprises (SMEs), for an interactive training session.     Topics covered in the workshop include measurement of suppliers’ carbon emissions as well as an overview of Keppel’s sustainability and supply chain policies. As Keppel progresses on our sustainability journey, we remain committed to building capacity among partners across our value chain.

We are pleased to announce that our flagship infrastructure fund, Keppel Infrastructure Fund (KIF), and its co-investor have acquired a 100% stake in Global Marine Group (GMG), one of the world’s largest independent subsea cable solutions providers. This marks the first investment by the Fund. Ms Christina Tan, CEO of Fund Management & Chief Investment Officer of Keppel Ltd., said, “We are excited to complete this investment in GMG. It is a rare and unique opportunity to acquire a world-leading provider of subsea cable maintenance and installation services. This investment builds on Keppel’s digital infrastructure strategy which includes the Bifrost Cable System, and now, GMG.    “In addition, GMG’s strong expertise aligns with Keppel’s strategy to be an ecosystem partner for digital connectivity and supports our growth ambitions in the subsea cable business.” Read more at https://lnkd.in/djRHhQm8

Happy International Women's Day. Our Keppelites share how the women at Keppel inspire those around them. Join our diverse workforce in creating solutions for a sustainable future: https://lnkd.in/dwn77yiT