The Temasek Code of Ethics and Conduct (T-Code) provides the framework to guide Temasek’s employees in their daily dealings. With integrity as a key overarching principle, the T-Code policies cover areas such as anti-bribery and anti-corruption, gifts and entertainment, personal securities dealings, conflicts of interest, anti-harassment, and whistleblowing. New joiners are required to complete mandatory training on the T-Code. Employees are required to observe and comply with the T-Code. Failure to comply with the T-Code will result in the matter being escalated to Temasek’s Ethics Committee for review, which could have employment and financial consequences for the employee involved.
All staff undergo mandatory training on business conduct, including in anti-bribery and anti-corruption, sanctions compliance, anti-harassment and discrimination, as well as the prevention of insider dealing, underscoring our commitment to a zero-tolerance approach in these areas.
Through our whistleblowing form, parties can report any alleged misconduct by Temasek directors or employees, including breaches of laws, regulations, or business ethics. We are committed to handling such reports with integrity, expediency, independence, and confidentiality. We also have a non-retaliation policy to protect persons making such reports from victimisation or retaliation.
To foster a positive work environment and uphold trust and transparency, we have instituted an employee grievance process. This process applies to all full-time, part-time, and contract employees, and ensures that all employees have a fair and transparent way to raise and resolve any workplace grievances confidentially.
Temasek has published a set of Information Security Policies (Policies) that is approved by the Senior Management Committee. Available to all employees over the Temasek intranet website, the Policies are reviewed annually. We are committed to ensuring the Policies are appropriately scrutinised such that they remain applicable and relevant. Additionally, we conduct reviews of our IT policies at least annually, or as required, to ensure their suitability, adequacy, and effectiveness.
Temasek was awarded the Cyber Trust Mark at the Advocate tier by the Cyber Security Agency of Singapore.
As part of our efforts to protect personal and sensitive data, we have also published Access Management and Data Security Policies on the Temasek intranet website for employees to refer to. Setting out our overarching governance on access control and the treatment of data, these policies help protect us against associated risks. We have also appointed a Data Protection Officer to ensure that Temasek complies with applicable personal data protection laws and regulations.
Temasek has been awarded the Cyber Trust Mark certification at the Advocate tier, the highest tier, by the Cyber Security Agency of Singapore. This highest attainable level certifies the robustness of our cybersecurity practices across 22 domains. Through the process of certification, Temasek has gained a more in-depth understanding of its risks and the measures required to address these risks. We continue to engage our portfolio companies through cyber initiatives and regular sharing sessions to champion cybersecurity best practices and elevate our respective cyber defence and resilience capabilities.
