Temasek ready to work with carbon-intensive businesses to transition

Singapore’s state-owned conglomerate Temasek said that climate risks – including partnering with carbon-intensive emitters - needs to be considered as part of the investment process to remain competitive over the long-term. Dr Steve Howard, vice chairman of sustainability at Temasek told AsianInvestor that moving beyond climate-aligned opportunities would require potential exposure to transition risk for investors. “Beyond investing in low carbon businesses, we are prepared to w…