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Temasek defends green goals after backing Singapore polluters

Temasek defends green goals after backing Singapore polluters
Bloomberg
Bloomberg
It might seem contradictory to invest in carbon-emitting polluters while pledging to be an eco-trailblazer, but that's exactly what Singapore state investor Temasek Holdings is attempting to do.
As one of the world's largest institutional investors, its $282 billion portfolio is replete with businesses that contribute to global warming — from Singapore Airlines to Sembcorp Marine, a supplier of offshore rigs. While peers like Government Pension Fund Global, Oslo, Norway's 11.3 trillion Norwegian kroner ($1.35 trillion) sovereign wealth fund, have used hard targets and the sale of assets to improve their green credentials, Temasek is taking a different path.

Norway , Oslo , Singapore , Norwegian , Nagi-hamiyeh , Pavilion-energy , Singapore-airline , Pacific-international-lines , Temasek-international , Temasek , Government-pension-fund-global , Singapore-airlines-to-sembcorp-marine

Temasek defends green goals as it backs Singapore Airlines, Sembcorp Marine

Temasek defends green goals as it backs Singapore Airlines, Sembcorp Marine
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Norway , Blackrock , Nova-scotia , Canada , Indonesia , Singapore , Frankfurt , Brandenburg , Germany , Canadian , Christoph-klein , Neo-gim-huay