Heartened to know that when #investing in #sustainability, one can reap healthy returns at the same time! Way to go Temasek 🧠👏🏻🙌🏻
Why is sustainability so important and crucial to Temasek ?
AI Wealth reflected on this piece of news and thought to share:
Sustainability is deeply ingrained in Temasek's core values and operations for several key reasons:
💡Mandate for Sustainable Returns: Temasek's primary mandate is to deliver sustainable returns over the long term. They recognize that a healthy environment, resilient societies, and well-governed economies are fundamental to long-term value creation. Unsustainable practices pose significant financial risks and can undermine long-term performance.
💡Risk Mitigation: Temasek acknowledges the escalating risks associated with climate change, resource scarcity, social inequality, and other sustainability challenges. By integrating sustainability into their investment decisions and operations, they aim to mitigate these risks and enhance the resilience of their portfolio.
💡Investment Opportunities: The global shift towards sustainability presents significant investment opportunities in areas such as renewable energy, sustainable agriculture, green technology, and social impact initiatives. Temasek actively seeks to capitalize on these opportunities to generate both financial returns and positive societal impact.
💡Stakeholder Expectations: Temasek's stakeholders, including the Singapore government, employees, and the broader community, increasingly expect the organization to demonstrate responsible stewardship and contribute to a sustainable future. By prioritizing sustainability, Temasek aligns with these expectations and enhances its reputation as a responsible investor.
💡Global Leadership: As a prominent global investor, Temasek recognizes its responsibility to contribute to a more sustainable world. By advocating for sustainable practices, engaging with portfolio companies on ESG issues, and collaborating with other stakeholders, Temasek aims to drive positive change at both the company and systemic levels.
Lead by example and #walkthetalk 🌳
![View organization page for Temasek, graphic]()
We’ve launched our inaugural Sustainability Report. It brings together our disclosures and tracks our progress by taking into consideration the disclosure requirements issued by the International Sustainability Standards Board (ISSB).
Our commitment to sustainability is integral in building a resilient portfolio that enables us to deliver sustainable returns over the long term. We have continued to deploy capital to catalyse solutions that can enable companies to transition to a more sustainable future.
During the year, we invested S$3 billion in Sustainable Living trend-aligned investments. As of 31 March 2024, our portfolio value of investments aligned with this trend was S$44 billion.
These included opportunities in future growth sectors and business models, in key focus areas such as food, water, waste, energy, materials, clean transportation, and the built environment.
Read more about our disclosures, progress, strategies, and efforts towards net zero, nature positive, and inclusive growth here: https://tmsk.sg/dce498
#TemasekReview
