A journey of bold strides
In those first four years, the company made significant strides in integrating sustainability into its investment strategy.
Riding on the growing awareness of sustainability following the adoption of the United Nations Sustainable Development Goals (SDGs) in 2015, Temasek developed an “Environmental, Social and Governance screen” in 2018 to evaluate both potential investments and portfolio companies. Just two years later, it committed to halving the net carbon emissions attributable to its portfolio by 2030, based on a 2010 baseline, and achieving net zero emissions by 2050. This decision had a catalytic effect, prompting a number of Temasek portfolio companies to appoint Chief Sustainability Officers and adopt sustainability measurement metrics.
“Temasek’s publicly proclaimed commitment to decarbonisation changed the tone of the conversation,” says Robin. “At the time, it was a gargantuan step to take. But that was the moment sustainability moved from the head to the heart.”
By the time Robin moved to head Temasek’s International Policy and Governance group at the end of 2020, sustainability had become a multi-faceted strategy that factored into Temasek’s investment screening, risk management, and performance measurement processes. It also began leveraging a diverse mix of investment vehicles and strategic partnerships to drive impact. Initiatives like GenZero, which aimed to advance sustainability through nature-based and technological solutions, and Temasek’s “sustainable living” portfolio – valued at S$44 billion in 2024 – cemented the company’s leadership in the field.
“The concept of time in Temasek can sometimes feel surreal,” Robin reflects. “When you’re in the thick of it, it feels like you’re moving too slow. But looking back, you see how far you’ve come. That Temasek is now a leader in sustainability is a testament to the team’s dedication and its leaders’ audacity to commit to Net Zero.”
A New Frontier
In 2021, Robin’s focus shifted to biodiversity loss and wildlife conservation when he became Chairman of the Board of Mandai Nature, an endowment set up by Temasek Trust and Mandai Park Holdings. This transition marked a natural progression in his sustainability journey.
“Climate and decarbonisation get a lot of attention today, but biodiversity and wildlife conservation are often overlooked,” says Robin, who remains an Advisory Senior Director to Temasek. “The climate crisis has seen science turning into accounting, accounting into policy, and policy into consumer behaviour. People don’t yet understand biodiversity loss. If it can be scientifically quantified, it can be translated into a narrative, and from there, into action, but we're not there yet.”
Robin credits his work at Temasek for giving him the “knowledge, conviction, and ambition” to take on that mission.
“As a parent and a grandfather, I would be embarrassed to put my children into financial debt. Having worked in Temasek, I know I don’t want to leave them with a climate debt. I am devoting this phase of my sustainability journey to the preservation of ‘natural capital’ so our children don’t inherit a ‘nature debt’ from biodiversity loss.”
“Every generation can only prosper if we prosper both financially and naturally.”