Temasek Review 2023
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Organisation, Talent & Capabilities

A Forward Looking Institution

The character of Temasek is shaped by our Purpose, Temasek Charter, and MERITT values as we strive to do well, do right, and do good, as individuals and as a team.

Our Purpose — So Every Generation Prospers — guides us to be a provider of catalytic capital and to generate sustainable value over the long term. We provide financial capital to invest in innovation and growth; human capital to invest in human potential; social capital for social progress that will build resilience in societies; and natural capital to protect our planet for future generations.

Achieving Sustainable and Inclusive Growth

We place sustainability at the core — from our mandate to deliver sustainable value over the long term, to our strategy of how we operate as an institution, shape our portfolio, and engage our portfolio companies to build sustainable businesses.

We support the United Nations Sustainable Development Goals, which aim to bring about a more sustainable world by promoting inclusive prosperity while protecting our planet. We sponsor calls to action to stimulate more innovative solutions for an abc World of active and productive economies, beautiful and inclusive societies, and a clean, cool Earth, as a common good.

We achieved our goal of being carbon neutral as a company four years ago, and we have since maintained this. We also target to halve our portfolio’s net carbon emissions by 2030 over 2010 levels, with the ambition to achieve net zero by 2050.

We continue to engage our stakeholders and partners on sustainability issues, share perspectives, forge partnerships, and catalyse solutions. A key engagement platform is our annual Ecosperity conference, held since 2014. It brings together global business leaders, policymakers, investors, and civil society members to exchange views and share best practices on sustainable development as well as accelerate action towards a carbon neutral future.

Building Resilience in Communities

We foster community partnerships and provide gifts to Temasek Trust to uplift lives and build resilience in communities. Our philanthropic gifts are structured on the twin pillars of governance and sustainability. The gifts enable Temasek Foundation and other non-profit entities to connect people, uplift communities, protect our planet, and advance capabilities. Their programmes cover education, healthcare, community building, research, public service capabilities, sustainability initiatives, and more.

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Fairventures Social Forestry, winner of Temasek Foundation’s The Liveability Challenge 2022, aims to sustainably manage forests and improve livelihoods in Indonesia

Promoting Stewardship

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 solutions and growth.

We continue to promote stewardship through the Stewardship Asia Centre (SAC) which focuses on creating awareness and capabilities for the application of good stewardship through research, education, engagement, and advisory services. In November 2022, SAC unveiled the inaugural Steward Leadership 25, an annual list of 25 initiatives by Asia Pacific organisations that demonstrated notable efforts to create a better future for society, the environment, and future generations.

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

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

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

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