Sustainability is at the core of Singapore investment company Temasek Holdings’ portfolio, amid a record $49 billion invested in FY2021 ended March 31, 2021.

That said, Temasek is stopping short of setting hard carbon targets for its investee companies, or even floating the threat of divestment.

Instead, Temasek seeks to work with companies on their decarbonisation journey, says Nagi Hamiyeh, Temasek International’s investment group joint head and head of portfolio development. “We would rather do that, because being serious about sustainability is not pushing the problem to somebody else; I would rather [we] deal with it ourselves,” he explains.


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