ESG Insights

Issue 203: Singapore reserves’ varied climate strategies ; industry urges regional energy coordination

This week in ESG: MAS on track with equity portfolio decarbonisation; Siemens Energy exec calls for regulatory alignment on energy security

Kenneth Lim
Published Fri, Jul 17, 2026 · 07:00 PM
    • Led by its developed markets holdings, the Monetary Authority of Singapore is on track to halve equity portfolio emissions by 2030.
    • Led by its developed markets holdings, the Monetary Authority of Singapore is on track to halve equity portfolio emissions by 2030. ILLUSTRATION: KENNETH LIM

    Sustainable investing

    Different climate strategies within Singapore’s invested reserves

    The latest sustainability report from the Monetary Authority of Singapore (MAS) offers a glimpse into how differently managers of the country’s invested reserves address climate change.

    Crucially, the varied approaches employed by MAS, GIC and Temasek give Singapore’s reserves a diversified exposure to climate change at a broad portfolio level. That diversity could turn out to be an important form of risk management amid elevated uncertainties and fragmentation in the trajectory of climate action around the world.