Temasek Report 2010

Temasek is defined by our people.

From the pioneer leaders who established Temasek on commercial principles, to our current team who strive to deliver consistently on these, it is our people who make a difference to the institution.

People Who Make a Difference

We are a diverse team of 380 employees from 24 nationalities. We are empowered to make a difference to the institution, ourselves, our families, and the larger community.

As one team, we define the culture of Temasek. Our organisational excellence and long-term sustainability are driven by the commitment of our people, individually and collectively.

Making a Difference to the Institution

Over the year, we strengthened our middle office operations to enhance discipline in execution. Our investment processes were sharpened further and additional decision-support tools introduced.

We continued to reinforce our employee-defined MERITT values through institution-wide workshops. Individuals and teams set value goals and measured their progress on a quarterly basis.

Our mentoring programmes at various leadership levels supported the developmental needs of staff, including those who take on new or different responsibilities. These programmes also facilitated the integration of new staff.

Making a Difference to Self and Family

We engage our people to stay fit in both body and mind. Our Recreation Club is an active partner in initiating health and fitness programmes, fostering team spirit and building a sense of camaraderie. Active interest groups also provide opportunities for staff participation in a wide range of sporting, recreational, and leisure activities.

Family is an essential part of our culture. Family-friendly employment policies, such as paternity and family care leave, encourage employees to play an active role in their families. Our employees may spend time with their families in regular company-sponsored activities such as Kidz@work, and our ‘Family Movie Night’ series.

Making a Difference to the Community

T-Touch, our staff volunteer initiative, is a platform where passionate colleagues come together to drive awareness, help build skills and create avenues for our staff to contribute to various communities.

In 2009, T-Touch raised a total of S$2.3 million for community causes. Over 100 staff volunteers helped to fulfil the wishes of 30 children with life-threatening illnesses in Singapore, under the aegis of the Make-A-Wish Foundation. Similarly, T-Touch volunteers from our Mexico office, with their families, spent a weekend building three rooms for the Xochimilco Community in partnership with the “Un techo para mi Pais” (a roof for my country) organisation. Amongst others, T-Touch supported the Yellow Ribbon Project for ex-offenders, including sponsoring 12 of them in a 21-week culinary skills training certificate programme offered by SHATEC, the Singapore International Hotel and Tourism Education College.

Apart from T-Touch volunteer initiatives, our company volunteer leave scheme enables staff to support community causes they are passionate about. At the institutional level, our anniversary date of 25 June is designated our Annual Community Day, where all staff are encouraged to serve the community.

Our MERITT Values

We strive to achieve excellence as individuals and as one Temasek team. Our MERITT values are the foundation of our character and culture as an institution.