Message from Our Chief Executive Officer

This requires us and our portfolio companies to deliver operational and financial excellence while embracing continuous transformation — from responsible products and services, harnessing innovation and technology, to effective capital management as well as ensuring strong risk management, a deep management bench, and workforce transformation.

Building long-term resilience also requires us to address one of the most pressing issues of our time — climate change. The impacts of climate change have become more evident, and inaction will inevitably come with a hefty price tag. Yet, pursuing the net zero ambition also presents a multi-trillion dollar economic opportunity that comes with co-benefits of health resilience, creation of green jobs, and biodiversity protection. This is why it is important for all stakeholders to stay the course on climate action.

As the prevailing geopolitical headwinds may steepen the cost curve of carbon mitigation, we will need to remain agile and fine-tune our approach where required. In this report, you will see how we are navigating the headwinds by strengthening partnerships with other like-minded investors who bring synergies and deep operating capabilities, and taking a systems approach across the value chain to accelerate the transition. We prioritise deploying capital to enable the mainstreaming of promising climate technologies, identifying viable transition pathways for our portfolio, and catalysing climate financing with right-sized risk-reward profiles.

In addition, we continue to invest in human potential and to uplift communities. Our impact investments are focused on access and affordability for emerging markets. Through our Workforce 4.0 Taskforce, we engage our Temasek portfolio companies together with the labour movement and government agencies in Singapore to enable the development of a future-ready workforce. As an institution, we are focused on empowering and supporting our employees to reach their fullest potential. We are committed to fair employment practices, with zero tolerance for discrimination. Our policies are designed to ensure that all employees have an equal opportunity to succeed, underpinned by meritocracy as a key principle. 

Sound and strong governance is foundational to any good business. Our internal governance approach ensures strong accountability and ownership, and a culture of trust and integrity. We also believe that diverse, yet complementary skills, experiences, and perspectives strengthen business decision making. 

As we advance our sustainability strategy, we will continue to engage stakeholders and improve transparency of our journey. We understand that trust is built through consistent actions and measurable outcomes. Thus, we will hold ourselves accountable and articulate the benefits of our sustainability initiatives, not just in terms of environmental and societal impact, but also in how they drive innovation, reduce risks, and create new financial opportunities.

Our commitment to sustainability remains unwavering. We look forward to your continued support and partnership as a collective community in navigating and charting a sustainable future — so every generation prospers.