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Temasek, GIC 'still lagging in managing climate risks'

Non-profit body AODP notes that most global institutional investors have scaled up action to tackle these risks

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Going by the AODP's index, six in 10 of the world's largest 500 investors with US$27 trillion in assets under management are scaling up action to build buffers against climate-linked risks.

Singapore

EVEN as more asset owners take action to manage climate change-related risks and opportunities, Singapore's Temasek Holdings and GIC have remained laggards, research from the Asset Owners Disclosure Project (AODP) has found.

This could result in the two funds losing money

sentifi.com

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