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ESG considerations do not constrain Temasek or its portfolio companies, says sustainability MD

Rather, including environmental, social and governance factors can drive commercial returns and improve risk management, she adds

Janice Lim
Published Mon, Jul 22, 2024 · 05:00 AM
    • Park Kyung-ah, managing director of sustainability at Temasek, notes that pushing the state investor's portfolio companies to capture the tailwinds around sustainability would mean there is significant opportunity for growth.
    • Park Kyung-ah, managing director of sustainability at Temasek, notes that pushing the state investor's portfolio companies to capture the tailwinds around sustainability would mean there is significant opportunity for growth. PHOTO: TEMASEK

    INTEGRATING environmental, social and governance (ESG) considerations into Temasek’s investment process does not mean that the state investor misses out on attractive opportunities in hard-to-abate sectors (sectors that find it hard to lower their greenhouse gas emissions).

    Nor does it mean that its portfolio companies end up being less competitive in the region.

    On the contrary, ESG factors are included as they can drive commercial returns and improve risk management, said Temasek’s managing director of sustainability Park Kyung-ah in a recent interview with The Business Times, following the release of the investor’s inaugural sustainability report for the year ended Mar 31, 2024.

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