What did Temasek's CEO Dilhan Pillay say about the firm's 2030 carbon-emissions target?

Temasek’s CEO Dilhan Pillay stated at the Ecosperity Week 2026 opening dinner that the firm is 'unlikely to meet its long-set aim of slashing emissions attributed to its portfolio to half of 2010 levels by 2030', citing global turmoil and AI’s rising energy demand as contributing factors.

Why is Temasek likely to miss its 2030 climate target, according to the CEO?

According to CEO Dilhan Pillay, exposure to aviation and power generation—sectors that are hard to decarbonize—are the main reasons Temasek is likely to miss its 2030 target; he also noted that the global energy transition has entered 'a far more complex and uncertain phase' shaped by geopolitics and surging AI-driven energy demand.

Temasek Likely to Miss 2030 Climate Target, CEO Pillay Says

May 18, 2026

Temasek CEO Dilhan Pillay stated the firm will likely miss its 2030 carbon target due to AI-driven energy demand and aviation/power holdings, though net zero by 2050 remains the goal.

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Temasek Likely to Miss 2030 Climate Target, CEO Pillay Says

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