Exposure to aviation and power generation were the main reasons for the likely miss, but Temasek will continue to target net zero carbon emissions by 2050, Pillay said. Its major holdings include Singapore Airlines Ltd as well as energy providers SP Group and Sembcorp Industries Ltd.
(May 18): Singapore’s state-owned investor Temasek Holdings Pte is set to miss its 2030 carbon-emissions target amid the global turmoil and artificial intelligence’s rising demand for energy.
Speaking at the opening dinner for Ecosperity Week 2026, Temasek’s chief executive officer Dilhan Pillay said the firm was unlikely to meet its long-set aim of slashing emissions attributed to its portfolio to half of 2010 levels by 2030.
