GIC is one of the three investment entities in Singapore that manage the Government’s reserves, alongside the Monetary Authority of Singapore (MAS) and Temasek. It was founded in 1981. During the assessed period the reported number of employees was 2300.
Leading practices
GIC performs fairly well in the area of governance. It assigns decision-making and oversight responsibility for its sustainability strategy to the highest governance body and responsibility for implementing its sustainability strategy to functions, teams or committees.
Risks and opportunities
GIC is behind many of its peers in terms of overall disclosure. It is hence recommended that the financial institution uses this benchmark as a guide to disclose more on sustainability practices and performance across measurement areas with regards to its provision of products, capital and services, as well as considering its own operation and supply chain.
Disclaimer
This scorecard refers to information in English which was publicly available by July 15 2024. AuM and Total assets are stated in USD for comparability and have been calculated based on reported local currency values multiplied by applicable IMF currency converter values.
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More about the company
- Headquarters
- Singapore
- Ownership structure
- Government
- Results 2024
- -
- Number of employees
- 2300
- Website
- https://www.gic.com.sg
