SINGAPORE: It might seem contradictory to invest in carbon-emitting polluters while pledging to be an eco-trailblaser but that’s exactly what Singapore state investor Temasek Holdings Pte is attempting to do.
As one of the world’s largest institutional investors, its US$282bil (RM1.19 trillion) portfolio is replete with businesses that contribute to global warming – from Singapore Airlines Ltd to Sembcorp Marine Ltd, a supplier of offshore rigs.
Already a subscriber? Log in
The Star Festive Promo: Get 35% OFF Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
