Established in 1974, Temasek Holdings is the Sovereign Wealth Fund of Singapore. Temasek had S$ 306 billion (US$ 214 billion) of assets under management, as at March 31, 2020.
As a generational investor, Temasek integrates ESG considerations throughout its investment process when assessing thematic, sector, and company-level information. Additionally, with regards to Climate Change strategy, Temasek conducts scenario analysis on portfolio companies to better understand their exposure to climate risk in line with the Taskforce for Climate-related Financial Disclosure. As part of this process, the Sovereign Wealth Fund will engage with companies to achieve net zero carbon emissions by 2050. Furthermore, Temasek is active in industry-wide initiatives such as the United Nations Development Programme’s Steering Group of SDG Impact and the Sustainability Accounting Standards Board (SASB).