towards a
better tomorrow
investing in impactful and sustainable solutions for the
prosperity of future generations
TAP
TO REVEAL
MORE
Take bold action today to tackle
some of the world’s greatest challenges,
for a better tomorrow .
s the world economy emerges from
COVID-19, countries will look beyond
safeguarding lives and
livelihoods and set their sights on a more profound challenge: bettering them. While the
pandemic
has reset the way we live, work
and do business, we are witnessing creeping societal and
environmental issues, such as climate change, social inclusivity and an ageing population,
that have
been amplified in the last few years due to a growing emphasis placed on them on a
global
scale.
The changing climate is poised to create a wide array of economic, business and social
challenges
over the next decades. We are heading for a temperature rise in excess of 3 degrees
Celsius
this
century, which is beyond the 1.5 degrees Celsius Paris
Agreement goal. Rallying calls to tackle this
climate emergency by governments and authority bodies globally have placed
sustainability — once
a
niche topic — at the forefront of agendas for both the public and private sectors.
Closer to home, Singapore is not spared from these challenges. Even as the country transitions
to a new
normal of living with COVID-19, it has to deal with hybrid work arrangements and skills
upgrading to keep its workforce relevant in this digital age. Singapore has
one of the most rapidly
ageing populations in the world, with about one in four citizens aged 65 and older
by
2030. As a low-lying island, it is also particularly vulnerable to rising sea levels — which
could
rise by
up to 1 metre by century’s end — caused by a warmer planet.
The reality is, we are living in an era of multiple, interrelated global crises, with
impacts
being felt
across the environmental, financial and social fronts. But lest we adopt a defeatist
attitude,
seeing
the world unite
to combat COVID-19 has taught us a valuable lesson: Tough problems, even
seemingly insurmountable ones, can be overcome as long as everyone — governments, businesses
and individuals — works together and does their part.
“As a generational investor, Temasek has a responsibility to do good and do right by our community, on top of doing well, to shape the future of the world that we live in.”
chief investment officer, temasek
impacting the future
A critical ingredient to developing ground-breaking ideas and solutions that help create a
liveable
and equitable future is “bold innovation and investment by businesses”, said Mr Rohit
Sipahimalani,
Chief Investment Officer of Temasek. On that front, Temasek sees itself as more than just an
investor; it is a provider of catalytic capital, committed to delivering long-term positive
social and
environmental impacts alongside financial returns.
“We believe businesses can thrive only when our communities and
environment thrive. As a
generational
investor, Temasek has a responsibility to do good and do right by our community, on top of doing
well, to shape the future of the world that we live in,” said Mr Sipahimalani. To do so, it is
committed to work closely with portfolio companies and support like-minded partners to invest in
solutions that address challenges such as technological disruption, climate change and an ageing
population.
As new developments and disruptions emerge, Temasek refreshed and sharpened its investment
approach in 2021 to focus around four key structural trends: Digitisation, Sustainable Living,
Future
of Consumption, and Longer Lifespans. Together with its environmental, social and governance
(ESG)
framework, these trends will guide Temasek in building a resilient and forward-looking
portfolio, as
it deploys financial, human, social and natural capital to deliver long-term sustainable
economic growth.
Said Mr Sipahimalani, “There is no single formula to solve global
challenges. Cities, corporates and
communities need to work together, and share best practices on solutions to build resilience,
cope
with disruptions and push the boundaries of the current city landscape to innovate for a better
tomorrow.”
look over the horizon
Temasek seeds catalytic capital
to make a difference with
tomorrow in mind