Temasek Review 2023
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Organisation, Talent & Capabilities

Our Temasek Heartbeat

We are guided by our Purpose, Temasek Charter, and MERITT values to work and grow together to build a better tomorrow.

We strive to do well, do right, and do good, to build a brighter, kinder, and more inclusive tomorrow for this and future generations.

At the core of this ambition is our people — their values, passions, capabilities, and their willingness to learn, contribute, lead, and take on new ideas and responsibilities.

Temasek Staff
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Temasek staff having a discussion. Our people are at the centre of our ambition to do well, do right and do good, for current and future generations.

Rooted in Meritocracy

Temasek has its roots in Singapore, a country founded on the ideals of meritocracy, regardless of race, language, or religion. Our character is shaped by the values, the integrity, and the capability of our people.

We value diversity and the cross-fertilisation of experiences and ideas across geographies and cultures.

We value diversity, the cross-fertilisation of experiences and ideas across geographies and cultures, and the ability to connect dots in a complex world. Over the years, we have established our presence around the world, expanding beyond Asia to the Americas and Europe.

We value diversity and the cross-fertilisation of experiences and ideas across geographies and cultures.

Supporting Our People

Our “Make-a-Difference” (MAD) Programme has been an integral part of our life in Temasek since 2008. MAD promotes a culture of personal ownership and responsibility. Individual and company-wide MAD targets go beyond financial and performance targets to cover self-development, institution, and community goals, and to foster lifelong skills and healthy habits.

Our annual CEO Challenge encourages staff to acquire new skills in areas such as coding and data science, language, music, and dance. Since the launch of this programme eight years ago, around 85% of our staff have learnt a new skill or enhanced their proficiencies. Over 60% of our staff have completed courses in programming, data science, analytics, or cybersecurity.

To support the well-being of our employees, we have curated a suite of programmes that focus on mindfulness, personal resilience, and crisis support. For example, we continue to extend our Employee Assistance Programme as a support service that offers practical information on a variety of topics and counselling to staff and their family members. Our staff also have access to digital applications that offer classes on meditation, stress management, and fitness activities to support them in managing their well-being.

We have also expanded our parental and family planning benefits, such as maternity leave of at least 26 weeks, paternity and adoption leave of at least 20 weeks, as well as fertility and family planning subsidies.

We continue to offer hybrid and flexible work arrangements to our staff to help them manage their professional and personal obligations.

Growing Our Talent

As part of our institutional focus to build a future-ready team, we anchor our talent framework on the 4Es of Experience, Exposure, Education, and Enrichment.

Experience and Exposure

We encourage and facilitate mobility with transfer, secondment, or project opportunities as a way of developing our talent across geographies, functions, and our ecosystem. This allows our people to broaden their horizons, build new skill sets, as well as gain multicultural exposure and new experiences.

Education and Enrichment

Over the past year, we expanded our range of leadership and learning programmes to include topics such as sustainability, automation, and diversity and inclusion, to ensure our staff are equipped with skills to remain relevant.

Our OneTemasek Team

We are committed to making Temasek a great place to work, by building an inclusive culture that encourages and celebrates diversity in perspectives, skill sets, and experiences.

We embed a mindset and culture of inclusivity through programmes and initiatives in recruitment, talent management, learning and development, benefits, and staff engagement.

Our Temasek Women’s Network (TWN) plays an important role in supporting and inspiring our female colleagues in their career journeys. TWN organises leadership sharing sessions, keynote speaker events, workshops as well as a mentoring programme, to raise awareness of how we can collectively create a more inclusive environment for our staff.

We have about 950 people, representing 34 nationalities across 13 offices in 9 countries. About 62% of our staff are Singaporeans. The next 5 largest nationality groups are Chinese (11%), American (7%), Indian (6%), British (3%), and Malaysian (2%). We have grown over the last two decades, from less than 200 to over 700 strong in Singapore.

Doing Good Together

Temasek’s founding date on 25 June is designated as our annual Community Day. Staff in our various offices work with beneficiaries on each anniversary, and throughout the year, and are given dedicated volunteer leave to participate in their personal or group volunteering activities.

Our offices also support local communities through donations and our staff actively participate in outreach programmes with non-profit groups and other organisations, as part of T-Touch, Temasek’s staff volunteer initiative.

Doing Good Together
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Dave Kwek (left), Director, Internal Audit, and Jake Tee, Director, Emerging Technologies, distributing COVID-19 care items and household essentials to seniors living in one-room flats in Singapore

Fighting Hunger and Food Waste

Staff from our office in London, UK volunteered with The Felix Project to redistribute surplus food to food banks and charities. These efforts help to provide meals for those in need, as well as reduce food wastage.

Fighting Hunger and Food Waste
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See Ming You, Director, Investment, London office, preparing fresh food at The Felix Project's kitchen depot

Reaching Out to the Needy

Staff from our office in New York, US volunteered with non-profit organisation City Relief to offer hot meals to the homeless.

Reaching Out to the Needy
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Nadine Russell (left), Executive Assistant at our New York office, serving coffee and hot chocolate to the needy

Enhancing Greenery

Our team in San Francisco, US volunteered with Friends of the Urban Forest in support of urban tree planning efforts. They planted over 20 trees in the Mission District of San Francisco.

Enhancing Greenery
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Jeff Johnson, Managing Director at our San Francisco office, securing the support post for a newly planted tree

Supporting Inclusion

In Mumbai, India, our colleagues supported Jai Vakeel Foundation and Research Centre which serves children and adults with intellectual and development disabilities. They interacted with beneficiaries while doing craftwork together, such as flower arrangements and candle making. They also shared knowledge about retail operations to help beneficiaries seeking employment.

Supporting Inclusion
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Amanvir Rana (left), Assistant Vice President, and Aayush Agarwal (third from left), Associate, both from our Mumbai office, explaining mathematical calculations

Uplifting Youth

Our team in Hanoi, Vietnam supported VietSeeds which offered scholarships for college education to 50 students from underprivileged backgrounds. Staff also participated in the selection interviews and attended the annual opening and graduation ceremonies.

Uplifting Youth
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Bui Thu Nguyet (left), Office Manager from our Vietnam office, presenting a plaque at a VietSeeds graduation ceremony

Promoting Youth Literacy

Our team in Shanghai, China volunteered with HandsOn Shanghai and recorded audiobooks that were distributed to rural primary schools to promote literacy and reading among students.

Promoting Youth Literacy
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Our Shanghai team receiving training on pronunciation techniques to record selected audiobooks

Appreciating Community Volunteers and Workers

In Beijing, China, as part of the Chinese Lantern Festival celebrations, our colleagues made dumplings by hand and delivered them to local community volunteers and cleaners in appreciation of their hard work.

Appreciating Community Volunteers and Workers
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Staff from Temasek's Beijing office working together to make Chinese dumplings by hand

Bringing Cheer to the Elderly

Last year, our Singapore office adopted Lions Befrienders as one of its new charities. On Community Day 2022, our staff sponsored care packs, which included essential household items, for over 6,000 at-risk seniors. They also organised a retro-themed carnival where seniors participated in vintage game booths and were greeted by colleagues dressed as characters from past local TV dramas.

Bringing Cheer to the Elderly
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Tan Yuxuan (background), Assistant Vice President, Macro Strategy, and Koh Zhi Yi (right), Vice President, Emerging Technologies, dressed up as characters from a local TV show that aired in the 1980s