Healthcare · July 2026

Listed care groups, side by side.

IHH · Thomson Medical · Raffles Medical — one lens, no guesses.

Entity-level GHG for listed healthcare groups — IHH Healthcare (Scope 1+2 & intensity), Raffles Medical (Scope 1 & 2, no Scope 3) and Thomson Medical (beds + revenue-basis intensity; absolutes pending). The boundary is the listed group reporting entity, not individual hospital campuses. Every figure carries a source flag. ✅ Confirmed · ⚠️ Estimated · ❌ Unverified.

≈ 4.1 Mt CO₂e/yr

⚠️ Estimated (third-party study)

Singapore healthcare system — context estimate

MOH + MOHH + NUS Centre of Sustainable Medicine, “Delivering Quality Care Sustainably in Singapore” (Sept 2025), estimates the national healthcare system at ≈ 4.1 Mt CO₂e/yr, system-wide. This is a third-party academic study estimate, not any entity's own disclosure — it is context only and never enters comparison, rankings, or entity-row exports.

MOH/MOHH/NUS CoSM — Delivering Quality Care Sustainably in Singapore (Sept 2025) →

01 — Comparison Matrix

Entity-level GHG plus social & governance — every figure flagged & cited

Comparability audit. A “best performer” badge requires ≥2 entities each publishing a confirmed value on the same intensity denominator (patient-bed-day) and same Scope 2 method. IHH and RMG report confirmed absolute emissions, but only IHH publishes the patient-bed-day intensity used for ranking (RMG and TMG report on different denominators), so no best-performer badge renders (n = 1 on the comparable denominator is not a comparison).n = 1 — not a comparison; no best-performer badge.

Metric	IHH Bursa + SGX Populated	TMG SGX Beds ✓ · emissions pending	RMG SGX Populated
Entity
Listing	Bursa + SGX	SGX	SGX
Reporting countries	MY · SG · IN · TR · CN · BN · BG · RS · NL	SG · MY · VN	SG · CN · VN
Intensity denominator	patient-bed-day	—	—
Reporting frameworks	GRI · SGX Core ESG	GRI · TCFD	GRI · TCFD · IFRS S2
Carbon intensity (published)
Scope 1+2 intensity 2022 · kg CO₂e/bed-day	151.5 kg CO₂e/patient-bed-day✅ IHH Sustainability Report 2025 (SGX filing, Part 1)FY2025 Page Page not specified in build spec; Job H3 to attach exact page. Assurance Internal only Scope 2 method Location-based View source →	—	—
Scope 1+2 intensity 2025 · kg CO₂e/bed-day	146 kg CO₂e/patient-bed-day✅ IHH Sustainability Report 2025 (SGX filing, Part 1)FY2025 Page Page not specified in build spec; Job H3 to attach exact page. Assurance Internal only Scope 2 method Location-based View source →	blank❌ TMG does not report a per-patient-bed-day intensity. It reports Scope 1+2 intensity PER REVENUE, by entity (AR2025 p.57): TMPL 0.0126 tCO₂e/S$'000, TMCLS 0.0415 tCO₂e/RM'000, FEMVN 0.0416 tCO₂e/VND 10M — not comparable on the bed-day basis.	blank❌ RMG does not publish a per-patient-bed-day GHG intensity; energy/water intensity is reported per revenue ($'000).
Scope 2 method	Location-based✅ IHH Sustainability Report 2025 (SGX filing, Part 1)FY2025 Page SR 2025 footnote (page not specified in spec). Assurance Internal only Scope 2 method Location-based View source →	—	Not stated✅ Raffles Medical Group Annual Report 2025 (Sustainability Report section)FY2025 Page 59 Assurance None Scope 2 method Unknown
Absolute emissions
Scope 1+2 absolute tCO₂e · combined	271,888 tCO₂e✅ IHH Sustainability Report 2025 (SGX filing, Part 1)FY2025 Page SR 2025 — 'Scope 1 and 2 emissions (market-based) were 271,888 tCO2e in FY2025'. Assurance Internal only Scope 2 method Location-based View source →	—	—
Scope 1 absolute tCO₂e	blank❌ Report discloses only the combined Scope 1+2 market-based total (see Scope 1+2 absolute); no separate Scope 1 figure.	blank❌ No consolidated absolute Scope 1 tCO₂e disclosed in AR2025 (only per-revenue intensity is reported).	1,592 tCO₂e✅ Raffles Medical Group Annual Report 2025 (Sustainability Report section)FY2025 Page 59 Assurance None Scope 2 method Unknown
Scope 2 absolute tCO₂e	blank❌ Report discloses only the combined Scope 1+2 market-based total (see Scope 1+2 absolute); no separate Scope 2 figure.	blank❌ No consolidated absolute Scope 2 tCO₂e disclosed in AR2025; Scope 2 method not stated.	16,975 tCO₂e✅ Raffles Medical Group Annual Report 2025 (Sustainability Report section)FY2025 Page 59 Assurance None Scope 2 method Unknown
Scope 3 absolute tCO₂e	blank❌ Scope 3 reported by category coverage only (Cats 3, 5, 6, 7); no consolidated absolute tCO₂e disclosed.	blank❌ No Scope 3 disclosed in AR2025.	blank❌ Scope 3 not reported by RMG.
Scope 3 coverage	Categories 3, 5, 6, 7 (FY2025); Cat 1, 2, 15 identified material but not yet reported✅ IHH Sustainability Report 2025 (SGX filing, Part 1)FY2025 Page SR 2025 — Scope 3 coverage note (page not specified in extract). Assurance Internal only Scope 2 method Location-based View source →	—	—
Targets & assurance
2030 target	−42% Scope 1+2 vs 2025 baseline✅ IHH SR 2025 / AGM (announced Apr 2026)FY2025 Page Page not specified in build spec; Job H3 to attach exact page. Assurance Internal only Scope 2 method Location-based View source →	—	—
Assurance status	Internal only	Unknown	None
Capacity
Licensed beds — SG	—	187 licensed beds✅ TMG FY2025 Annual ReportFY2025 (ended 30 Jun 2025) Page Beds disclosed in AR body; SR section pp. 54–100. Assurance Unknown Scope 2 method — View source →	—
Licensed beds — MY	—	403 licensed beds✅ TMG FY2025 Annual ReportFY2025 (ended 30 Jun 2025) Page Beds disclosed in AR body; SR section pp. 54–100. Assurance Unknown Scope 2 method — View source →	—
Licensed beds — VN	—	230 licensed beds✅ TMG FY2025 Annual ReportFY2025 (ended 30 Jun 2025) Page Beds disclosed in AR body; SR section pp. 54–100. Assurance Unknown Scope 2 method — View source →	—
Social
Female workforce %	—	—	75%✅ Raffles Medical Group Annual Report 2025 (Sustainability Report section)FY2025 Page 59 Assurance None Scope 2 method Unknown
Women in leadership / mgmt % · definitions vary	50%✅ IHH Sustainability Report 2025 (SGX filing, Part 1)FY2025 Page 47 Assurance Internal only Scope 2 method Location-based View source →	—	40%✅ Raffles Medical Group Annual Report 2025 (Sustainability Report section)FY2025 Page 49 Assurance None Scope 2 method Unknown
Employee turnover %	—	—	17%✅ Raffles Medical Group Annual Report 2025 (Sustainability Report section)FY2025 Page 59 Assurance None Scope 2 method Unknown
Workplace fatalities	—	—	0✅ Raffles Medical Group Annual Report 2025 (Sustainability Report section)FY2025 Page 59 Assurance None Scope 2 method Unknown
Community donations	—	—	S$27,069✅ Raffles Medical Group Annual Report 2025 (Sustainability Report section)FY2025 Page 59 Assurance None Scope 2 method Unknown
Governance
Women on board %	—	—	18%✅ Raffles Medical Group Annual Report 2025 (Sustainability Report section)FY2025 Page 49 Assurance None Scope 2 method Unknown
Corruption-risk ops assessed %	100%✅ IHH Sustainability Report 2025 (SGX filing, Part 1)FY2025 Page 54 Assurance Internal only Scope 2 method Location-based View source →	—	—

✅ Confirmed⚠️ Estimated❌ Unverified / not yet extracted“pending” = report not yet fetched (not a zero)best performer

02 — Entity Profiles

Boundary, assurance & data notes

IHH Healthcare Berhad

Bursa + SGX · MY SG IN TR CN BN BG RS NL

Status: Fully populated

Assurance

Internal only

Intensity denom.

patient-bed-day

Boundary note

Multi-country group (MY, SG, IN, TR, CN, BN, BG, RS, NL). Location-based Scope 2 is flattered by low-carbon grids (e.g. Singapore); see grid-intensity caveat.

7 data notes & caveats ▾

Scope 1+2 GHG intensity 151.5 (2022) → 146.0 (2025) kg CO₂e/patient-bed-day, per SR 2025.
Scope 2 is LOCATION-BASED. Multi-country grid mix (esp. Singapore's low grid carbon intensity) flatters location-based Scope 2 — same class of flag as utilities normalization.
Combined Scope 1+2 (market-based) = 271,888 tCO₂e in FY2025, below the 2022 baseline of 277,628 tCO₂e (SR 2025). The report gives the combined total only — Scope 1 and Scope 2 are NOT split, so they are left blank rather than derived.
Scope 3 coverage (FY2025): Categories 3, 5, 6, 7. Categories 1, 2 and 15 are identified as material but not yet reported — Cat 15 blank under the toggle is correct (no special-casing). No consolidated absolute Scope 3 tCO₂e is disclosed.
2030 target: −42% Scope 1+2 vs a 2025 baseline (SBTi-referenced), announced Apr 2026.
Assurance: Scope 1+2 limited assurance SG + MY only (2022–23). SR 2025 is NOT externally assured; external assurance targeted FY2027. 2024–25 rows are internal_only.
Job H3: combined Scope 1+2 backfilled from SR 2025 narrative; separate Scope 1/2 and absolute Scope 3 remain undisclosed in the report.

Thomson Medical Group Ltd

SGX · SG MY VN

Status: Beds confirmed · emissions pending extraction

Assurance

Unknown

Intensity denom.

—

Boundary note

Consolidates TMC Life Sciences Berhad (~70%, Bursa-listed) — nested listed subsidiary. Check whether TMCLS files its own SR and whether figures double-report before TMG enters any ranking.

6 data notes & caveats ▾

Licensed beds confirmed from AR body: Singapore 187, Malaysia 403, Vietnam 230 (as at 30 Jun 2025).
Job H1 done (AR2025, SR section): TMG reports Scope 1+2 emissions intensity PER REVENUE, in three separate currencies per entity (p.57) — TMPL 0.0126 tCO₂e/S$'000, TMCLS 0.0415 tCO₂e/RM'000, FEMVN 0.0416 tCO₂e/VND 10M. This is NOT a patient-bed-day intensity, so it is not comparable with IHH; intensityDenominator set to null.
No consolidated absolute Scope 1/2/3 tCO₂e is disclosed in AR2025 (only the per-revenue intensity). GHG measurement has begun under a TCFD framing (p.73); Scope 2 method not stated. Absolutes therefore remain blank, not zero.
Commitment to Net Zero emissions by 2050 stated in the SR narrative (no interim quantified target disclosed).
Frameworks: GRI (305/403/416 referenced) and TCFD (climate-risk assessment begun).
Nested listed subsidiary TMC Life Sciences Berhad (~70%, Bursa-listed): boundary/double-report check required before TMG appears in any ranking.

Raffles Medical Group

SGX · SG CN VN

Status: Fully populated

Assurance

None

Intensity denom.

—

Boundary note

Group boundary (Singapore + regional network incl. China and Vietnam); disclosed Scope 1/2 are group figures. Reports Scope 1 & 2 only — no Scope 3. GHG intensity is not published on a patient-bed-day basis (energy/water intensity is revenue-based), so it is not intensity-comparable with IHH.

5 data notes & caveats ▾

Job H2 done (AR2025): Scope 1 = 1,592 tCO₂e and Scope 2 = 16,975 tCO₂e (FY2025; 2024: 1,198 / 17,000 tCO₂e). No Scope 3 disclosed.
External assurance was NOT commissioned for FY2025. Reported per GRI Standards 2021 (applied since 2017), aligned to TCFD and IFRS S1/S2.
Scope 2 location/market basis is not stated. GHG intensity is not published on a patient-bed-day basis (energy/water intensity is revenue-based) — intensityDenominator null; not intensity-comparable with IHH.
Targets span three horizons (short-term to 2030, medium 2031–2040, long-term); medium-term includes reducing Scope 1+2 emissions. Baseline not quantified in the extract, so no numeric target is seeded.
Group boundary spans Singapore plus regional operations (China, Vietnam and others); disclosed Scope 1/2 are group figures.

03 — Excluded

No entity-level inventory — with rationale codes

Entity	Rationale code	Why
Singapore General Hospital	EXCLUDED_NO_ENTITY_INVENTORY	Excluded: publishes no entity-level GHG Protocol inventory; cluster 'Impact Reports' are narrative-only.
Tan Tock Seng Hospital	EXCLUDED_NO_ENTITY_INVENTORY	Excluded: publishes no entity-level GHG Protocol inventory; cluster 'Impact Reports' are narrative-only.
National University Hospital	EXCLUDED_NO_ENTITY_INVENTORY	Excluded: publishes no entity-level GHG Protocol inventory; cluster 'Impact Reports' are narrative-only.

Excluded entities never enter rankings. They are exportable via include_excluded=true, carrying their rationale codes — mirroring the utilities TEPCO handling.

04 — Export

CSV / JSON with new fields

Export data

Includes sector, intensity_denominator, assurance_status, boundary_note, rationale_code and per-figure source_flag. The MOH 4.1 Mt study estimate is never exported as an entity row.

include_excluded (SGH · TTSH · NUH + codes)

05 — Sources & Caveats

Where every figure comes from

IHH Healthcare Berhad

FY2022 / FY2024 / FY2025

IHH Sustainability Report 2025 (SGX) + SR 2024

View report →

Thomson Medical Group Ltd

FY2025 (ended 30 Jun 2025)

TMG FY2025 Annual Report (SR section pp. 54–100)

View report →

Raffles Medical Group

FY2025 (ended 31 Dec 2025)

Raffles Medical Group Annual Report 2025

URL pending (Job H2)

All figures come from each group's own latest official report — no estimated or third-party data in entity rows. Where the source spec confirmed a figure without quoting an exact page, the page is shown as “not specified” rather than invented. Per-entity notes & caveats are in the Entity Profiles section above.