Keppel Ltd

Lobbying Governance & Transparency

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Lobbying Governance
Overall Assessment Analysis Score
None Keppel Ltd has established an extensive sustainability governance framework: "The Board and management consider sustainability issues in the Company’s business and strategy, determine the material ESG factors and oversee the management and monitoring of the material ESG factors," and since July 2022 "sustainability has been included in the agenda of each quarterly Board meeting." The Board Sustainability and Safety Committee (BSSC) is tasked with roles including "monitoring international sustainability-related trends and developments" and "reviewing the processes for identifying, assessing and managing climate-related risks and opportunities." At the management level, the Management Executive Committee (MExCo) "determines Keppel’s key sustainability policies and targets" and the Chief Sustainability Officer "coordinates and drives Keppel’s sustainability efforts." However, the company does not disclose any governance processes for lobbying activities, with no evidence of oversight of direct or indirect lobbying or mechanisms to align its policy engagement with climate-related goals.

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E
Lobbying Transparency
Overall Assessment Analysis Score
Limited Keppel Corporation provides minimal transparency around its climate lobbying activities. It names the Singapore Green Plan 2030 and the Nationally Determined Contribution under the Paris Agreement but offers no detail on any direct engagement with these policies. The company states, "Keppel is committed to supporting the international agenda on climate action and also contribute towards Singapore’s Green Plan 2030," yet does not disclose any lobbying mechanisms—such as meetings, letters, or consultations—nor does it identify specific policymaking targets. It expresses general aspirations for reducing carbon emissions and supporting environmental initiatives without articulating the specific policy changes or outcomes it intends to achieve. As a result, there is limited insight into how Keppel seeks to influence climate-related policy.

D