Singapore’s Temasek Holdings Pte Ltd’s sustainability-linked investment portfolio grew 6.52% to S$49 billion (US$38 billion) in the 12 months to March from S$46 billion a year earlier.
The state investment firm deployed S$5 billion into new and follow-on sustainable living investments, including sectors like renewable energy, climate technology, and grid-related assets, in its financial year ended March 31.
Temasek published the figures in its Sustainability Report published on July 8.
Overall, the firm invested S$42 billion in companies whose products and services support its long-term goals of net zero, nature-positive outcomes and inclusive growth.
The balance of S$7 billion was invested in companies in high-emitting sectors that are shifting towards greener products and services.
