Keppel Land goes greener with renewable energy

Property giant Keppel Land's solar-powered offices in Bugis Junction Towers are now fully powered by renewable energy generated offsite - the first time a Green Mark-certified office building here has reached this milestone.
Property giant Keppel Land's solar-powered offices in Bugis Junction Towers are now fully powered by renewable energy generated offsite - the first time a Green Mark-certified office building here has reached this milestone.ST FILE PHOTO

Property giant Keppel Land is another local business heavyweight to go green with the firm's corporate headquarters making a pioneer use of renewable energy.

Its solar-powered offices in Bugis Junction Towers are now fully powered by renewable energy generated offsite - the first time a Green Mark-certified office building here has reached this milestone.

Green Mark certifications are handed out by the Building and Construction Authority (BCA) to buildings that meet the criteria for environmental impact and performance.

Keppel Land chief executive Ang Wee Gee said it collaborates with other units under parent company Keppel Group to further its push into renewables.

The offsite solar purchase scheme is expected to offset about 150,000kg of carbon emissions annually, noted Mr Ang in the firm's 2016 Sustainability Report that is being released today.

Keppel Land has been active in trying to develop sustainable office buildings. Its Ocean Financial Centre development was the first in the Central Business District to attain the BCA Green Mark Platinum award in 2008, the highest rating in the Green Mark certification.

The firm also came third last year among developers worldwide in the Global Real Estate Sustainability Benchmark, which assesses the environmental, social and governance performance of real estate firms.

Keppel Land reduced its carbon emissions by 16.5 per cent last year compared with 2010. This is ahead of its target to reduce emissions by 16 per cent below 2010's levels by 2020.

Lee Xin En

A version of this article appeared in the print edition of The Straits Times on June 15, 2017, with the headline 'Keppel Land goes greener with renewable energy'. Print Edition | Subscribe