Temasek Review 2020
Institution

A Forward Looking Institution

The character of Temasek is shaped by our values and conduct as we strive to do right, as individuals and as a team.

At Temasek, we seek to make a difference, actively shaping a better tomorrow for our present generation and for generations to come.

Integrity and Respect for others form the foundation of our character. Meritocracy and Excellence are our guideposts to bring out the best in our people. Teamwork and Trust enable us to deliver with discipline and agility. These MERITT values shape our forward looking posture.

As we invest for the long term, sustainability is at the core of everything we do.

Sustainability is at the core
of everything we do.

We look for opportunities to invest in companies addressing global sustainability challenges. We incorporate Environmental, Social and Governance considerations into our investment decision-making and management.

Sustainability is at the core
of everything we do.

As an owner, we work to understand issues that may impact our portfolio companies and how they might navigate them. We encourage companies to adopt policies and practices that safeguard and enhance long term sustainability and resilience of their business and the wider community.

We seek to build a resilient Temasek by developing our people, capabilities and processes around sustainability and good governance.

We foster partnerships and seed endowments to uplift lives, build resilience in our communities, and foster best practices around sustainability and governance.

We believe that dialogue and robust exchanges of information, best practices and ideas between stakeholders from the public and private sectors are critical enablers of sustainable growth.

We seek to do our part
to reverse climate change.

We support the United Nations Sustainable Development Goals, which aim to promote inclusive prosperity while protecting our planet. The decisions we make today are growing more urgent in the face of evidence indicating a narrow window to make changes to bring about a more sustainable world. We continue to foster dialogue and are driving more innovative solutions to build an abc World of active economies, beautiful societies and a clean Earth, as a common good.
We seek sustainable solutions for, and engage our stakeholders and partners on, sustainability issues.

We seek to do our part
to reverse climate change.

One of our key engagement platforms is our annual Ecosperity conference which has been held since 2014. It gathers global business leaders, policymakers, investors, entrepreneurs and academics to exchange views and share best practices on sustainable development as well as to drive action to achieve a clean and green future. This year, the conference has been postponed to 2021 due to the COVID-19 pandemic, although we stepped up our regular engagements with our portfolio companies and the public through our Ecosperity Conversations series with more virtual sharing sessions.

We seek to do our part to reverse climate change. As an institution, we have committed to be carbon neutral in 2020. We have also set a target to halve the net carbon emissions of our portfolio by 2030 and aim to achieve net zero emissions by 2050. We aim to work with our staff and investee companies to develop solutions to reduce our carbon footprint, and collectively operate in a more sustainable and eco-conscious manner.

We continue to promote corporate stewardship through the Stewardship Asia Centre (SAC). In March, SAC launched Project Stewardship-in-Action, which aims to encourage businesses in the region to support their communities during the COVID-19 pandemic. SAC shared with the businesses the various community initiatives they could support and provided them with information and advice on stewardship through digital engagement platforms such as webinars and online knowledge resources.

We advocate good governance and uphold the Santiago Principles for sovereign investments, and had supported the International Monetary Fund initiative to frame these principles in 2008.

We advocate good governance and
uphold the Santiago Principles for
sovereign investments.

We continue to engage with stakeholders and other thought leaders in their development of principles that recognise trustworthy capital, in the midst of an environment of heightened scrutiny towards foreign investments.

We advocate good governance and
uphold the Santiago Principles for
sovereign investments.

We look across generations as a steward, investing with tomorrow in mind. Our endowment gifts are structured on the basis of good governance, sustainability and building resilience among beneficiaries and the wider community. These support programmes range from education and healthcare, to community building and research; from public service capabilities, to sustainability initiatives.