Issue 170: Potential CapitaLand, Mapletree merger’s ESG challenge; COP30 confronts US pullback
This week in ESG: Temasek-linked real estate companies explore union; report finds US gains at expense of others in climate withdrawal
Sustainable investing
Merging ESG strategies for CapitaLand, Mapletree
A possible merger between two Temasek-linked real estate groups might require harmonising of environmental, social and governance (ESG) goals and governance if a deal were to materialise.
CapitaLand Investment (CLI), in which Temasek holds a majority stake, and Mapletree Investments (MIPL), a wholly owned Temasek subsidiary, are considering a possible merger, Dow Jones reported this week. Plans are preliminary, the news agency reported.
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