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.
Temasek defends green goals as it backs Singapore Airlines, Sembcorp Marine
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Temasek Defends Green Goals After Backing Singapore Polluters
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July 19, 2021
SHANGHAI
SHANGHAI, China, July 16, 2021 (GLOBE NEWSWIRE) Pinduoduo Inc., China’s largest agriculture platform, is proud to celebrate the resounding success of its first Food Systems Forum. The virtual forum, held over two days on July 14 and 15, hosted panels on smart agriculture, food and agriculture policy and regulation, nutrition, alternative proteins, and investments.
Speakers from leading institutions and organizations in the fields of agriculture and food systems, finance, investment economics, policy and regulation, and nutrition, took part in the Forum, sharing their expert insights on the most pressing and salient topics facing the global agri-food system today.
Thank you to our Forum speakers:
Temasek s 1-year shareholder return rebounds to 24 5%, portfolio value hits record $381 billion
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