Ho Ching, executive director and CEO of
Temasek Holdings delivered an
interesting speech last week. It is interesting as it speaks about CSR without specifically mentioning CSR. The speech talks about "
Temasek as a long term investor, a willingness to be tested and measured, applying highest goverance standards, being commitment to training people, and the key issue for an investment organisation the speech addresses the issue of bonuses with incentives deferred over time for senior managers, and an expanding stakeholder base", all key elements of any CSR report. It will be interesting to see if Temasek starts to require those companies in who it invests to strive for the same sustainability and embeds environmental, social and governance issues into its investment portfolio. This would definitely become a key CSR driver in Singapore. One for TLC's (Temasek linked companies) to watch?