Net Zero

The fund has teamed up with the Global Green Growth Institute following Xi's pledge of a stronger emphasis on sustainability for its flagship national initiative.

Temasek believes that carbon markets are critical for achieving net zero, while investing in sustainable economic growth is a fiduciary responsibility for long-term investors.

The Chinese life insurance company believes that local expertise is important in identifying long-term investment opportunities under China’s carbon neutrality target.

Low carbon prices have failed to provide robust incentives for companies to decarbonise, so institutional investors need to initiate dialogues with companies on how they can use the evolving carbon market in Asia.

Recent energy market volatility and other concerns are making some investors take a step back on net-zero goals in the short term, although there is no turning back from the decarbonisation drive in the long term, the CEO said.

Buildings performing better on sustainability may not be more attractive to institutional investors without regulatory requirements or demonstrable financial benefits.

Solar, wind, and other renewables are the main beneficiaries as Asian institutional investors shift from lagging property bets to green alternatives.

Southeast Asia's window of opportunity to accelerate decarbonisation with actionable ideas was showcased in a report co-authored by Temasek, GenZero and other entities.

Investors need to collaborate more and put pressure on policymakers to make markets more sustainable, said speakers at a recent Asia Investor Group on Climate Change net zero webinar.

Investor assertiveness is shaping more sustainable energy production in the region, the insurance group CIO says.

Pressure is being brought to bear on global institutional investors as the full implications of sustainability reporting become clear.

The Swiss insurer has committed to making its investment portfolio net-zero by 2050 and its Malaysian unit is already taking steps in that direction.