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Spotlight on retail portal design for pre-flight and inflight orders -
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Temasek defends green goals after backing Singapore polluters
Bloomberg
Bloomberg
It might seem contradictory to invest in carbon-emitting polluters while pledging to be an eco-trailblazer, but that s exactly what Singapore state investor Temasek Holdings is attempting to do.
As one of the world s largest institutional investors, its $282 billion portfolio is replete with businesses that contribute to global warming from Singapore Airlines to Sembcorp Marine, a supplier of offshore rigs. While peers like Government Pension Fund Global, Oslo, Norway s 11.3 trillion Norwegian kroner ($1.35 trillion) sovereign wealth fund, have used hard targets and the sale of assets to improve their green credentials, Temasek is taking a different path.