On Eddy Ho’s desk, a lone scientific journal sits incongruously among investment tomes, a stark reminder of a career “pivot” he made in the early days of the pandemic.
Temasek’s Director of Investments (Mobility and Logistics) recalls spending many evenings buried in the 1,480-page Block’s Disinfection, Sterilization, and Preservation journal, delving into the properties of disinfectants.
“It’s not my usual reading, and a bit dry,” laughs the 36-year-old, who was then part of a four-person team tasked with finding a local solution to the global shortage of hand sanitisers. The wrestling with supply chains was a stark contrast to his 11-year career that had, until then, been focused on weighing up investments in industrials, partnering with portfolio companies, and business-building in the agri-food and emerging technology spaces.
As soon as Singapore reported local transmission of COVID-19 in early February 2020, panic-buying set in, leaving shelves bare. With supply chains disrupted, the focus turned to creating a viable alternative.
“We needed a solution that was evidence-based, safe, and scalable,” remembers Eddy, an accountancy graduate more used to analysing returns than the science of germ warfare. “In the end, we decided to push for a non-alcoholic sanitiser because repeated use of an alcohol-based sanitiser can cause chapped skin.”
Temasek’s team of unlikely alchemists worked fast, combing the island for chemical suppliers, scientists, formulators and certified labs that could create and test various formulations for efficacy. The next challenge: finding a quick and sustainable way to get the sanitisers into every hand, across the country.
A novel solution was hatched in a unit within a Yishun factory home to warehousing and storage provider SSW Logistics, a Temasek portfolio company; manual mixing of the concentrate with water at island-wide distribution points; and getting people to “Bring Your Own Bottle” for a 500ml fill – an approach that gave the #BYOBclean initiative its name.