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
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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