Ed Ballard of The Wall Street Journal interviews Steve Howard, chief sustainability officer of Temasek.
- Singapore’s state-owned investor Temasek Holdings has poured $3.6 billion into the launch of its GenZero fund, a platform that will invest in decarbonization efforts around the globe.
- GenZero will allocate a large share of its funding to develop commercial carbon markets.
- The fund’s portfolio includes stakes in carbon offset company South Pole, a fund developing forestry assets in Southeast Asia, and a startup that is developing sensors to accurately measure carbon stored in farmland.
“In addition to helping manage the climate strategies of the companies in Temasek’s portfolio, which includes carbon-heavy businesses such as Singapore Airlines Ltd. and Sembcorp Marine Ltd. , an engineering company that builds and services oil rigs, Dr. Howard works with Temasek’s investing teams on incorporating sustainability considerations in the way they look for new investments.”
Read the full article here.
The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.
