Temasek’s GenZero appoints Peter Bakker to board
Michelle Zhu
TEMASEK’S wholly owned investment platform company GenZero has named Peter Bakker – president of the World Business Council for Sustainable Development (WBCSD) – as a director of its board, effective Wednesday (Nov 1).
Bakker has been president of WBCSD since 2012. The chief executive officer-led community has over 200 member companies globally, including 3M, DBS and EY.
He is also an Ambassador Against Hunger for the United Nations World Food Programme and serves as a member of other international sustainability advisory boards.
Other notable appointments include his roles as international advisory member of the China Council for International Cooperation on Environment and Development; commissioner at the Business Commission to Tackle Inequality; as well as advisory board member for integrity and corporate responsibility at Mercedes-Benz Group.
Bakker joins GenZero chairman Sunny Verghese, who is also CEO of Olam International.
Other board members include National Arts Council and Nanyang Technological University chair Goh Swee Chen, as well as Temasek’s vice-chairman of sustainability Steve Howard.
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“Peter brings with him a wealth of experience in spearheading global sustainability efforts across a range of industries,” said Verghese on Bakker’s appointment to GenZero’s board.
“His strong track record in working with global corporate decision-makers in driving sustainability initiatives across different geographies will provide valuable insights to guide GenZero in its global investment strategy across nature, technology and carbon market solutions.”
GenZero aims to accelerate decarbonisation through its investments in opportunities that could potentially become impactful and scalable solutions.
The investment platform company’s investment approach covers three focus areas to drive climate impact, including nature and technology-based solutions.
Its third investment focus area, carbon ecosystem enablers, refers to companies and solutions that support the development of an effective, efficient and credible carbon ecosystem.
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