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Singapore: Temasek CEO urges business to take action on climate change & ensure sustainable development

Author: Vanessa Lim, Channel News Asia, Published on: 19 January 2019

"Businesses must ensure a liveable and sustainable planet, not just focus on profits: Ho Ching" 19 January 2019

While businesses pursue profits and financial returns, they must invest in training for their people and also fulfil their obligation to ensure a liveable and sustainable planet for all, said Temasek Holdings CEO Ho Ching....

..."For businesses, profits are just a shorthand notation for financial strength and viability. Businesses can thrive only if they succeed in meeting the needs of their customers as their primary mission, but that alone is not enough for longevity," said Mdm Ho.

...Ho urged businesses and organisations to rethink the purpose of their capital so that they can help society and take urgent action on climate change.

Singapore has pledged to deliver the United Nations Sustainable Development Goals - a commitment to eradicate poverty and achieve sustainable development by 2030 worldwide.

..."2030 is just barely a decade away. Global warming is one clear present danger to Earth and mankind – we only have 10 years to reduce our carbon footprint," said Mdm Ho.

...She urged businesses and organisations to continue to invest in people in order to help them transition into a fast-changing future.

Read the full post here

Related companies: Temasek