GenZero Sets 7 Million Tonne Decarbonisation Target Across Investment Portfolio by 2028

Temasek-owned investment platform GenZero has set a target to achieve at least 7 million tonnes of CO2e of cumulative direct realised climate impact from its portfolio by March 2028, alongside releasing its inaugural Sustainability Report. The platform has delivered 3 million tonnes of realised climate impact to date as of end-2024.

Launched by Temasek in 2022, GenZero has invested in 24 climate-focused ventures across 17 countries, spanning nature-based solutions, technology-based decarbonisation solutions, and carbon ecosystem enablers. The platform's definition of realised impact is deliberately conservative, covering only actual emissions reductions or removals already achieved — explicitly excluding projected future impact. Over half of the 3 MtCO2e delivered to date was achieved in the past year, indicating accelerating portfolio activity.

When indirect and transformational impact is included, GenZero's stake-adjusted cumulative realised climate impact exceeds 12 million tonnes, according to its inaugural Sustainability Report. Additional portfolio metrics include over 752,000 hectares of land under sustainable management through nature-based investments, 63% of the portfolio with an ESG policy in place, and 83% with dedicated ESG roles. The report is framed as a demonstration of transparency and rigour at a time when the industry faces evolving and sometimes contested impact measurement methodologies.

GenZero's focus on attributable, direct climate impact as its primary metric reflects a broader industry movement toward more credible and defensible reporting. The platform's 7 MtCO2e target by 2028 will require roughly doubling accumulated impact within three years. As Singapore positions itself as a regional hub for blended climate finance and carbon markets, GenZero's transparent impact reporting framework offers a relevant benchmark for other Asia-based climate investment platforms, including those being established in India.

Key figure — 3 MtCO2e of direct realised climate impact delivered to date as of end-2024