GIC on the ESG challenge: 'We don't blindly divest from whole industries'

There's no doubting the commitment to ESG, but how it is achieved - and when an organisation can say it has arrived at its goals - is still the subject of fevered debate. “At GIC, we really believe that sustainability is core to our mandate in managing the reserves that have been placed under our management, and we need to do this over the long term,” said Rachel Teo, senior vice president, head of futures unit, economics & investment strategy department at GIC Pte Ltd. Duri…