• GenZero commits to 7 MtCO₂e (million tonnes of carbon dioxide equivalent) in cumulative direct realised climate impact by March 2028, measured on a stake-adjusted basis.
• By end-2024, the firm has already delivered 3 MtCO₂e direct realised impact, and 12.9 MtCO₂e when including indirect contributions.
• GenZero positions itself as an early mover on transparent, verifiable climate targets, avoiding vague long-term pledges.

Temasek-owned investment platform GenZero has published its inaugural sustainability report, setting out a new climate target and highlighting progress just three years after its launch.

By 31 March 2028, GenZero aims to deliver at least 7 million tonnes (MtCO₂e) of cumulative direct realised climate impact, based on its ownership share across its portfolio. This metric captures emissions reduced or removed by the firm’s climate solutions, according to its 68-page report released on September 1.

Since its inception in June 2022, GenZero has invested in 24 climate-focused ventures across 17 countries and five continents, spanning three pillars: nature-based solutions, technology-based solutions, and carbon ecosystem enablers.

As of end-2024, GenZero reported 3 MtCO₂e in direct realised impact and 12.9 MtCO₂e when factoring in indirect impact from enabling technologies and infrastructure. The firm expects these numbers to rise sharply as portfolio companies scale.

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Rather than aligning with distant aspirational goals, GenZero said it has “deliberately chosen” a short-term, verifiable target. CEO Frederick Teo explained:
“As the industry navigates evolving impact methodologies, GenZero is putting a marker for transparency and rigour. We are not just investing in climate solutions, we are holding ourselves accountable for delivering measurable outcomes. Our stake-adjusted, short-term target underscores this commitment and reinforces the importance of credible, industry-wide impact measurement.”

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