Temasek Code of Conduct
The Temasek Code of Ethics and Conduct (T-Code) provides the framework to guide Temasek employees in their daily dealings. Employees are required to observe and comply with the T-Code. Failure to comply with the T-Code will result in the matter being escalated to Temasek’s Ethics Committee for review, with potential employment and financial consequences for the employee involved.
With integrity as the key overarching principle, T-Code policies cover areas such as anti-bribery and anti-corruption, anti-harassment, conflicts of interest, gifts and entertainment, personal securities dealings, and whistle-blowing.
To underline our zero-tolerance stance towards these behaviours, all employees undergo mandatory training on business conduct, including in the areas of anti-bribery and anti-corruption, anti-harassment and discrimination, sanctions compliance, and the prevention of insider dealing. New joiners in particular are required to complete mandatory training on the T-Code.
Parties can report any alleged misconduct by Temasek directors or employees, including breaches of laws, regulations, or business ethics, via our whistle-blowing form. We handle such reports with confidentiality, expediency, independence, and integrity. We also have a non-retaliation policy in place to protect persons making such reports from victimisation or retaliation.
To foster a positive work environment and uphold trust and transparency, we have instituted an employee grievance process. This process applies to all full-time, part-time, and contract employees, and ensures that all employees have a fair and transparent way to raise and resolve any workplace grievances confidentially.
Information and Cybersecurity
Temasek published a set of Information Technology (IT) and Information Security Policies (Policies), together with corresponding standards, that are approved by the Senior Management Committee. Available to all employees via the Temasek intranet website, these Policies set out our overarching governance on matters relating to access management, IT security, and treatment of data. We review the Policies at least annually to ensure they remain relevant and effective against the evolving threat landscape.
In conjunction with our growing use of Artificial Intelligence (AI) to generate business value and drive long-term sustainability, we have put in place a robust AI governance framework and a comprehensive set of AI security standards to enable the safe and secure deployment of generative AI across Temasek. This approach ensures that innovation is pursued responsibly, with appropriate safeguards to manage emerging safety and security risks.
