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As Scope 3 reporting evolves, could DBS, CapitaLand Group join SIA, Sembcorp as Temasek’s top emitters?

Jovi Ho
Jovi Ho • 4 min read
As Scope 3 reporting evolves, could DBS, CapitaLand Group join SIA, Sembcorp as Temasek’s top emitters?
CapitaLand Development, the unlisted development arm of CapitaLand Group, announced in 2024 that it plans to reduce its embodied carbon intensity by at least 22% by 2030, compared to a 2019 baseline. Photo: Temasek
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Singapore Airlines (SIA) and Sembcorp Industries (SCI) remain the heaviest carbon emitters in Temasek’s portfolio as at March 31, according to the Singapore-headquartered investment firm’s FY2026 sustainability report, released July 8.

Temasek previously indicated that Olam Group, PSA International and ST Telemedia round out the top five contributors to its Scope 1 and Scope 2 portfolio emissions, which stayed flat y-o-y for the second year in a row.

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