Annual Report 2018/19 Advancing Liveability and ... › ... · Advancing Liveability and...

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Annual Report 2018/19 Advancing Liveability and Sustainability Together

Transcript of Annual Report 2018/19 Advancing Liveability and ... › ... · Advancing Liveability and...

Page 1: Annual Report 2018/19 Advancing Liveability and ... › ... · Advancing Liveability and Sustainability ... biological and other adversities that endanger people and the sustainability

Annual Report 2018/19

Advancing Liveability and SustainabilityTogether

Page 2: Annual Report 2018/19 Advancing Liveability and ... › ... · Advancing Liveability and Sustainability ... biological and other adversities that endanger people and the sustainability

Temasek Foundation Ecosperity is a Singapore-based non-profit

philanthropic organisation established in 2016 that seeks to marshal

ideas and innovations to address environmental, biological

and other adversities that endanger people and

the sustainability of our planet.

It funds and supports ideas and innovations for actual applications

through commercialisation and enterprise, to bring about impactful

improvements to the liveability of our world, especially in cities.

The Foundation also seeks to play an active enabler role

in a vibrant sustainability community, engaging with like-minded

organisations and youths, as well as foster knowledge

dissemination and thought leadership.

About TEMASEK FOUNDATION

Ecosperity

Contents

01A B O U T T E M A S E K F O U N D AT I O N E C O S P E R I T Y

02B O A R D O F D I R E C T O R S A N D C H I E F E X E C U T I V E

04C H A I R M A N ’ S M E S S A G E

06K E Y H I G H L I G H T S

07B U I L D I N G A N A B C W O R L D

08A G R E E N E R H E A RT L A N D

10A M O R E R E S I L I E N T C O M M U N I T Y

12A B I O P H I L I C F U T U R E

14T H E L I V E A B I L I T Y C H A L L E N G E 2 0 1 8

15Y O U T H S F O R E C O S P E R I T Y

16L I S T O F I N N O VAT I O N S S U P P O RT E D

18F I N A N C I A L H I G H L I G H T S

20T E M A S E K F O U N D AT I O N

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S TAF F T E AM

Board of Directors and Chief Executive

Ms Heng Li LangSenior Director, Programmes and Partnerships

Mr Joshua WongAssociate Director, Communications and Partnerships

Mr Anders SohManager, Programmes and Partnerships

Ms Angeline WongManager, Administration and Programme Management

Mr Jeffrey TongAssociate Manager, Programmes and Partnerships

C H AI R M AN

Mr Teo Ming Kian

Chairman, Vertex Venture

Holdings Limited

DI R E C T OR

Dr Howard Califano

Director,SMART Innovation Centre

DI R E C T OR

Ms Janet Neo

Former Global Strategy Head,

Global Green Growth Institute

DI R E C T OR

Mrs Trina Loh

Former Group Managing Director,

GuocoLand (Singapore) Pte Ltd

DI R E C T OR

Mr Tan Cheng Gay

Chairman and Chief Executive Officer,

EnGro Corporation Limited

DI R E C T OR

Mr Rajiv Wahi

Director, Aris PrimePartners Asset

Management Pte Ltd

DI R E C T OR

Mr Zhuang Chenchao

Managing Director, Zebra Global Capital

Co-founder and Former Chief Executive

Officer, Qunar.com

C H I E F E X E C U T I V E

Mr Lim Hock Chuan

Temasek Foundation Connects

Temasek Foundation Ecosperity

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Our planet’s health is in a state of shock. Earlier

this year, the World Economic Forum published the

Global Risks Report 2019, in which environmental

threats dwarfed most other challenges in terms of

likelihood and impact.

Extreme weather events, from wildfires in California

to floods in Kerala, continue to ravage the earth.

Other disasters, such as the rise in disease outbreaks

and the rapid loss of biodiversity, have been swift

to follow. Liveability of cities suffers. To make

matters worse, the collective will of policymakers

to tackle climate change has been weakening in a

geopolitically divided world.

The situation is critical, and the time to act is now.

This is why Temasek Foundation Ecosperity has

been investing in new ways to mitigate the impact

of such outcomes, and to redefine economic growth

in a sustainable way so that it does not erode the

next generation’s prospects. We ought to change

our mindset and shape a future of ecologically

sustainable prosperity, or “Ecosperity”.

The Race for TransformationTechnology and innovation hold the key to realising

this vision of Ecosperity. Our Foundation was set

up in 2016 with a firm belief in human ingenuity

that could be unleashed with a little prod and

facilitation. Since then, we have supported 25 projects

to address specific environmental challenges using

technology, and committed almost S$30 million in

funding these projects.

The window to transform the economy is shrinking

by the day. We are constantly racing to find game

changers, and our pipeline of innovation projects

extends beyond Singapore.

Last April, we launched The Liveability Challenge, an

annual global call for viable solutions to some of the

greatest problems facing cities in this century. The

winning entry in 2018, submitted by biotechnology

company RWDC Industries, proposed to create

biodegradable products to replace single-use

plastics. Rather than pollute the environment,

they would decompose naturally into harmless

substances.

Our support for innovation goes beyond funding.

In fact, we play a very active role in promoting the

projects we invest in. Besides being a sponsor, we

are also a facilitator, consultant, and gateway to a

strong network of stakeholders that can help seed

these innovations in every sector of the economy.

Targeted EngagementMoving on, we will continue to engage and empower

the wider economic ecosystem. Our focus is on two

groups – youths and the business community.

Young people have always been the vanguard

of innovation. They are also the most important

stakeholders in combating climate change and its

associated threats. Therefore, we will tap on our

existing student networks to reach out to budding

innovators in schools and institutes of higher learning.

More importantly, we will raise awareness in youths

about the immense economic

opportunities as they engage in

the critical purpose of bringing

about a more sustainable future.

Furthermore, we will partner

closely with Science Centre

Singapore to redouble education

on climate change and its impact.

As one of the most prominent

educational attractions for young students, the

Science Centre Singapore will be crucial in instilling

environmental consciousness at a young age.

The business community is also an important ally in

the fight against environmental threats. As the private

sector is at the forefront of economic change, it

possesses the dynamism and adaptability to quickly

generate viable solutions.

To mobilise this potential, we plan to set up a support

network for firms and startups seeking to do their part

in combating the environmental threats. The support

network includes experts from government agencies,

academia, and established private sector players.

Bracing for Biological ThreatsMeanwhile, we will continue our search for new

frontiers of innovation. One new area we plan to

explore further is public health. As climate change

exacerbates the spread of infectious diseases such

as Zika and malaria, and coupled with the impact

from a greying population, the spectrum of public

health challenges is set to shift and intensify around

the world.

To improve outcomes along the

continuum of healthcare, we plan to

help researchers and entrepreneurs

in their quests for discoveries and

innovative efficacious solutions.

We hope our support will enable

their recommendations to be widely

adopted to benefit the public at large.

In particular, we will focus on innovations

to keep the population healthy, build a disease-

resistant society, reduce the burden on the afflicted and

their caregivers, and minimise the strain on the

healthcare system.

Our ultimate goal is to build a more resilient, liveable

and sustainable future for Singapore and beyond.

To do so, we must seize the time we have left to

leave a responsible legacy for our children and

grandchildren. We hope more will join us.

Mr Teo Ming KianChairman

CHAIRMAN’S MESSAGE

Building a Resilient, Liveable and Sustainable Future

WE OUGHT TO CHANGE OUR MINDEST AND

SHAPE A FUTURE OF ECOLOGICALLY

SUSTAINABLE PROSPERITY, OR

"ECOSPERITY". TECHNOLOGY AND

INNNOVATION HOLD THE KEY TO REALISING

THIS VISION OF ECOSPERITY.

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Key Highlights Building an abc World

Temasek Foundation Ecosperity funds

translational research that are at Technology

Readiness Level 6 or above, in order to help

researchers produce operational prototypes

which can then be developed into commercial

products, benefitting Singapore and beyond.

In addition to funding, we also help researchers

link up with partners and platforms for test-

bedding, as well as potential investors for the

next stage of development.

Since its establishment in 2016, the Foundation

has made five open calls for proposals on

improving liveability and sustainability, which

include but are not limited to areas such as:

air; biodiversity; chemical safety; energy; food;

infectious disease management; land; noise;

waste management; water; and weather and

climate. Proposals are assessed competitively

and with regard to their potential impact, in

terms of their desirability, technical feasibility

and commercial viability.

F Y16/17

S$6.0million

F Y17/18

S$9.9million

F Y18/19

S$13.9million

F Y16/17 4F Y17/18 11F Y18/19 8

Funding Committed

Innovations Supported

1 Visit www.un.org/sustainabledevelopment/sustainable-development-goals for more information on the SDGs.

Temasek Foundation Ecosperity is committed

to the realisation of the Ecosperity aspiration

– where prosperity is twinned with a treasured

ecology. We work with partners and fundees

to build a better and more sustainable future

for all – an abc World of Active and productive

economies, Beautiful and inclusive societies

and a Clean and cool earth, and support

Temasek’s contributions to the 17 United

Nations Sustainable Development Goals

(SDGs).1 The Foundation’s 23 projects

advance seven out of 11 applicable SDGs.

1 project on

cybersecurity infrastructure

4projects on improving

thermal comfort/air quality

3projects to

reduce food/organic waste

1project on

energy shiftand storage

system

2projects on

food security

2projects oninfectiousdisease

management

3projects on �re activity

reports, dragon�y and endangered

animal biodiversity

INDUSTRY, INNOVATION

AND INFRASTUCTURE

REDUCED INEQUALITIES

SUSTAINABLECITIESAND

COMMUNITIES

RESPONSIBLE CONSUMPTION

AND PRODUCTION

QUALITYEDUCATION

DECENT WORKAND

ECONOMICGROWTH

CLEAN WATERAND SANITATION

AFFORDABLE AND

CLEAN ENERGY

CLIMATEACTION

LIFE BELOW WATER

LIFE ON LAND

PEACE, JUSTICEAND STRONGINSTITUTIONS

GENDEREQUALITY

GOOD HEALTH AND WELL-BEING

ZERO HUNGER

NOPOVERTY

PARTNERSHIPSFOR THE GOALS

ACTIVEECONOMY

CLEANEARTH

BEAUTIFUL SOCIETY

1 project on

cybersecurity infrastructure

6projects on

reducing noise, improving

thermal comfort/air quality

4projects to

reduce food,organic,

plastic waste

3projects on

food security

2projects oninfectiousdisease

management

3projects on �re activity

reports, dragon�y and endangered

animal biodiversity

INDUSTRY, INNOVATION

AND INFRASTUCTURE REDUCED

INEQINEQUALIUALITIESTIES

SUSTAINABLECITIES AND

COMMUNITIES

RESPONSIBLE CONSUMPTION

AND PRODUCTION

QUALQUALQUALITYITYITYEDUCATION

DECEDECENTNTWORKWORKAND

ECONOMICGROWTH

CLEAN WATERAND SANITATIONN

AFFORDABLE AND CLEAN

ENERGY

LIFE ON LAND

CLCLIMATEAACTION

LIFE BELOW WATER

SDG

SDGSDG

SDGSDGSDG

SDG

SDG

SDG

SDG

SDG

SSDG

SDGG

SDG

SDG

SDG

SDG

SDG

PEACE, JUUSTICEAND SSTRRONGINSTITTUTTIONS

GENDEREEQUALITY

GOOD HEALTH AND WELL-BEING

ZERO HUNGER

NOPOOVERTY

PARTNNERSHIPSFOR THHE GOALS

ACTIVEECONOMY

CLEANEARTH

BEAUTIFUL SOCIETY

4projects on

renewable energy,energy storage and ef�ciency systems

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A GREEN WAY OF LIFE

A Greener Heartland

Take a glimpse into the future. We envision a

way of life rooted in environmentally friendly

practices. By nurturing a green and circular

economy through cutting-edge innovations,

we strive to ensure that while we take from

REPLACING SINGLE-USE PLASTICS: PRODUCING NATURALLY

BIODEGRADABLE PRODUCTS FROM BIOPOLYMERS.

B Y RW D C I N D U S T R I E S

Goal: A diverse range of products (e.g. coated paper, wet wipes, diapers, food packaging, etc) are

commercialised and widely adopted.

DEHUMIDIFYING TO IMPROVE THERMAL COMFORT.

B Y N AT I O N A L U N I V E R S I T Y O F S I N G A P O R E

Goal: Technology becomes widely exploited to lower relative humidity as well as for

additional applications (e.g. dehumidifiers, dessicants, water harvesting, etc).

COOLING FOR OUTDOORS: USING SOLID STATE

THERMOELECTRIC TECHNOLOGY TO PROVIDE COOLING.

B Y P H O N O N I C , I N C

Goal: More efficient and different form factors, as well as additional uses (e.g. data centres, vending machines, cold chain logistics, etc)

are developed.

REDUCING FOOD WASTE THROUGH A SMART TRACKER.

B Y G O O D F O R F O O D P T E LT D

Goal: Product becomes more refined and integrated into the food, catering, restaurant

and hotel businesses.

USING A MORE ENERGY EFFICIENT WAY TO COOL ENVIRONMENTS.

B Y V O RT E C FA N S

Goal: Product becomes synonymous with energy efficient cooling for homes and other places in

lieu of traditional fans and air conditioners.

RAISING AN ARMY AGAINST WASTAGE.

B Y N AT I O N A L U N I V E R S I T Y O F S I N G A P O R E

Goal: Use of black soldier flies becomes commonplace to

convert food waste into fertiliser, animal feed and

even human food.

the Earth, we also give back. Find out

how projects we support are encouraging

responsible consumption and production, and

building sustainable cities and communities.

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FORGING A SHIELD AGAINST DISEASE OUTBREAKS.

B Y T Y C H A N P T E LT D

Goal: Treatment drugs are developed against an array of viruses, shortening

response times during outbreaks.

SOWING THE FUTURE OF COMMUNITY FARMING.

B Y E D I B L E G A R D E N C I T Y

REARING FISH STOCKS IN OUR CITY: USING AN INDOOR

VERTICAL SYSTEM FOR HIGH-VOLUME FISH PRODUCTION.

B Y T E M A S E K L I F E S C I E N C E S L A B O R AT O RY

STORING RENEWABLE ENERGY FOR USE WHEN NEEDED.

B Y E P S ( S ) P T E LT D A N D B Y V- F L O W T E C H P T E LT D

Goal: Renewable energy sources are widely adopted and tapped, as a result of better energy storage capabilities, with integration with other

functions (e.g. water production, etc).

MAKING FULL USE OF URBAN SPACES: GROWING VEGETABLES

AND RICE USING GABLE END WALLS OF BUILDINGS.

B Y N E TAT E C H P T E LT D

Goal: Successful vertical cultivation of vegetables and rice in cities using less water

and reducing greenhouse gas emissions.

CAPTURING SOLAR RAYS USING WINDOWS.

B Y S I N G A P O R E S A F E T Y G L A S S P T E LT D

Goal: More windows and other vertical building façades are

converted as solar energy panels.

FENDING OFF MOSQUITOES.

B Y T E M A S E K L I F E S C I E N C E S L A B O R AT O RY

Goal: Bio-based product becomes the mosquito repellent and pesticide

of choice due to its efficacy without harming other insects.

DESIGNING MASKS WITH ADD-ON VENTILATOR FAN FOR

YOUNG CHILDREN.

B Y I N N O S PA R K S P T E LT D

Goal: Masks are adopted as the gold standard of protective care for all age groups.

A GREEN WAY OF LIFE

A More Resilient Community

While we race to build a greener future, we must

also bolster our society’s resilience against the

threat of climate change. To not just survive

but thrive economically and collectively, we

are committed to ensuring zero hunger, and

promoting good health and well-being, not just

in Singapore but also the world at large.

Goal: More agricultural/aquacultural plots get containerised or are packed into modules for vertical deployment throughout

unused or underutilised spaces in cities.

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Biodiversity is often taken for granted, but it

is essential to human life. Through innovative

initiatives, we are returning nature to our

habitats and curbing the harmful by-products

SAVING OUR THREATENED SPECIES.

B Y E S C A R

Goal: All important and threatened species are successfully reproduced

with help of a biobank.

MAKING NEW HOMES FOR DRAGONFLIES: SETTING UP A DRAGONFLY HABITAT AND

RESEARCHING ITS POTENTIAL AGAINST NATURAL PESTS.

B Y G A R D E N C I T Y F U N D

Goal: Habitats conducive to dragonflies proliferate near homes for communities

to enjoy, boosting dragonfly numbers and reducing natural pests.

MAKING GREEN BUSES COOL.

B Y G W S L I V I N G A RT P T E LT D

Goal: Green plants covering roofs, walls and other surfaces become ubiquitous on

buildings, vehicles, urban furniture, and other structures, to help lower energy needs for

cooling and combat urban heat island effect.

REDUCING NOISE FOR ALL: DEVELOPING A SMART AND TUNABLE

NOISE ABSORBER TO REDUCE NOISE POLLUTION.

B Y T E M A S E K L A B O R AT O R I E S

Goal: Smart technology becomes the global go-to solution to restore peace to places regardless of

their sound profiles (e.g. train tracks, construction sites, factories, depots, expressways, etc).

of city life, such as noise pollution. This

ensures that future generations would be able

to live with and enjoy the benefits of healthy

ecosystems.

A GREEN WAY OF LIFE

A Biophilic Future

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The Liveability Challenge 2018 Youths for Ecosperity

Asia Pacific President of RWDC Industries, Mr Zhaotan Xiao (left), receiving the winner’s award from Chief Executive of Temasek Foundation Ecosperity, Mr Lim Hock Chuan, at the finale of the inaugural Liveability Challenge.

13-18-year-old students from local schools participated in a hackathon to develop prototype solutions around clean energy and responsible consumption and production. 15 teams were eventually shortlisted as finalists where they could continue to refine their prototype solutions and present at the Technopreneurs’ Expo in October 2019.Supporting Partners

Young Technopreneurs for a Sustainable 2030 Challenge

Sustainability Innovation Programme 2018

Applications Received

Countries Reached

211

34

13

The Foundation supports novel ways to engage

youths in sustainability efforts, and foster stronger

participation among future young leaders in

the region to address pressing environmental

challenges. Two such strategic initiatives are the

“Young Technopreneurs for a Sustainable 2030

Challenge” programme led by the Singapore

Science Centre, as well as the “Sustainability

Innovation Programme” led by Young Sustainable

Impact Southeast Asia.

Through dedicated workshops and mentorship

opportunities, the two programmes seek

to cultivate a stronger spirit of innovation

and enterprise, and develop new ideas and

innovations that emerge among our youths of

today to address challenges posed by sustainable

development. The Foundation has also worked

with ecosystem partners to ensure sustained

youth engagement and development of synergies

across networks of engaged youths.

Launched for the first time in 2018, The

Liveability Challenge presented by the

Foundation and organised by Eco-Business

is an annual global call for proposals directed

at specific liveability/sustainability themes

or problem areas. It seeks to expand the

knowledge base of innovative solutions

known to the Foundation and to Singapore,

support innovation and entrepreneurship,

encourage partnerships and network building,

and reinforce Temasek’s and Singapore’s

commitment to promote the United Nations

Sustainable Development Goals.

Under the Challenge, the Foundation awards

up to S$1 million in project development

funding to one team with the best proposal.

In 2018, the two thematic areas where

proposals were being sought are waste

Loecky Harvianto (Indonesia), Kenneth Tua (Philippines), Wong Xin Huei (Singapore), and Mark Joseph Laceste (Philippines) (from left) created a prototype device to monitor water quality and nutrient levels while controlling water flow of rice farms. For their innovative use of technology to conserve water and prevent agricultural run-off, their team was a finalist in Young Sustainable Impact Southeast Asia’s Innovation Programme 2018.

PAR T IC I PAN T S

APPL IC AT ION S

PAR T N E R S E NGAG E D

PAR T IC I PAN T S S E L E C T E D FOR PR O G R AM M E

I N V E S T OR S AN D PAR T N E R S E NGAG E D

M E N T OR S

215 from 41 schools

800 from 10 ASEAN countries

6

24 51

40

management and sustainable cooling. More

than 200 applications from more than 30

countries were received, out of which six were

chosen to present at the finale event co-located

with World Cities Summit in July 2019. The

inaugural winner is RWDC Industries’ proposal

to produce fully biodegradable products made

from polyhydroxyalkanoates to replace single-

use plastics, starting with drinking straws.

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S/ NO I N NOVAT ION DE S C R I P T ION PAR T N E R I M PAC T

1 Green roof for buses Buses with green roofs to reduce interior temperature and energy consumption.

GWS LIVING ART

PTE LTD

2 ‘N95’ respiratory masks for children

New masks with add-on ventilation fan designed for young children.

INNOSPARKS

PTE LTD

3 Outdoor evaporative cooling

Evaporative air coolers for outdoor spaces.

INNOSPARKS

PTE LTD

4 Hydrogel to lower humidity

A gel that can be applied to surfaces to reduce relative humidity and improve thermal comfort.

NATIONAL

UNIVERSITY OF

SINGAPORE

5 Solid state cooling fans

Fans using solid state thermoelectric technology to provide indoor and outdoor cooling.

PHONONIC, INC

6 ‘Vortex’ fans Fans using the Vortex principle to provide indoor and outdoor cooling.

VORTEC

PTE LTD

7 Endangered species conservation

Reproduction of endangered species using induced pluripotent stem cells.

ESCAR

8 Biodiversity for dragonfly habitat

Establishment of dragonfly habitat and research on its potential against natural pests.

GARDEN CITY

FUND

9 Quantum key distribution encryptor

Quantum-safe encryption devices. S-FIFTEEN

PTE LTD

10 Hydrogen fuel cells Renewable energy storage solution.

EPS (S)

PTE LTD

11 Perovskite solar energy glass panels

Incorporating solar cells into glass building façades and windows to generate electricity.

SINGAPORE

SAFETY GLASS

PTE LTD

12 Vanadium redox flow batteries

Renewable energy storage solution.

V-FLOW TECH

PTE LTD

13 Community farming

Stackable, closed-loop farming for high-volume food production.

EDIBLE GARDEN

CITY

PTE LTD

S/ NO I N NOVAT ION DE S C R I P T ION PAR T N E R I M PAC T

14 Urban farming on building walls

Vegetable and rice growing using gable end walls of buildings.

NETATACH

PTE LTD

15 Upcycling food waste

Converting fermented food waste into fish feed.

TEMASEK

LIFE SCIENCES

LABORATORY

16 Urban recirculation aquaculture system

Indoor vertical system for high-volume fish production.

TEMASEK

LIFE SCIENCES

LABORATORY

17 Bio-based pesticides

Alternative pesticides based on plants and gene repression techniques.

TEMASEK

LIFE SCIENCES

LABORATORY

18 Therapeuticsfor viruses

A quick response platform to produce therapeutics for mass disease outbreaks such as Dengue, and Zika.

TYCHAN

PTE LTD

19 Smart noise barrier

Smart and tunable noise absorber to reduce noise pollution for specific frequency ranges.

TEMASEK

LABORATORIES

20 Food waste tracker

Image recognition technology to reduce food waste in hotels and commercial kitchen.

GOOD FOR FOOD

PTE LTD

21 Black soldier flies Organic waste converted using black soldier flies into animal feed and fertiliser for sustainable food production.

NATIONAL

UNIVERSITY OF

SINGAPORE

22 Biodegradable plastics

Biodegradable polymers to reply single-use plastics such as straws and paper coating for cups and disposable food packaging.

RWDC INDUSTRIES

PTE LTD

23 Fire monitoring analytics

Ground fire activity monitoring through satellite imaging.

NATIONAL UNIVERSITY

OF SINGAPORE’S CENTRE

FOR REMOTE IMAGING,

SENSING AND PROCESSING

List of Innovations Supported

Air and Cooling

Infectious Disease Management Noise Waste Management Weather and Climate

Biodiversity Cybersecurity Energy Food

LEGEND

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Financial Highlights

Statement of Financial PositionA S AT 31 M AR C H 2019

The Directors’ statement, independent auditor’s report, and full details of the financial statements are available at www.temasekfoundation-ecosperity.org.sg.

Statement of Financial ActivitiesFOR T H E F I NANC I AL Y E AR E N DE D 31 M AR C H 2019

A S S E T S 31 MARCH 2019 31 MARCH 2018

Non-current $ $

PLANT AND EQUIPMENT 12,312 12,429

Current

ACCOUNT RECEIVABLES 119,377 5,402,811

PREPAYMENT 8,189 6,273

CASH AND CASH EQUIVALENTS 2,763,747 571,743

2,891,313 5,980,827

TOTAL ASSETS 2,903,625 5,993,256

Accumulated funds

FUNDS 2,418,542 5,610,767

LIABILITIES

Current

OTHER PAYABLES 485,083 382,489

TOTAL FUNDS AND LIABILITIES 2,903,625 5,993,256

YEAR ENDED

31 MARCH 2019

YEAR ENDED

31 MARCH 2018

Incoming Resources $ $

PROGRAMME GRANTS 5,818,475 2,720,705

OPERATING AND CAPITAL GRANTS 988,494 945,496

TOTAL INCOMING RESOURCES 6,806,969 3,666,201

Resources Expended

PROGRAMME EXPENSES 5,818,475 2,720,705

DEPRECIATION OF PLANT AND EQUIPMENT 10,154 8,054

EMPLOYEE BENEFIT COSTS 710,540 657,306

GENERAL AND ADMINISTRATIVE EXPENSES 267,800 280,136

TOTAL RESOURCES EXPENDED 6,806,969 3,666,201

NET INCOMING RESOURCES - -

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This report is printed on environmentally friendly paper.

Temasek Foundation supports a diverse range of programmes that uplift lives and

communities in Singapore and beyond. Temasek Foundation’s programmes, made possible

through philanthropic endowments gifted by Temasek, strive towards achieving

positive outcomes for individuals and communities now, and for generations to come.

Collectively, our programmes strengthen social resilience, foster international exchange

and regional capabilities, and advance science and nature.

Strengthening Social Resilience and Uplifting Lives

We endeavour to build a more resilient, harmonious and inclusive society in Singapore. Our outcome-focused programmes help to enhance our

social fabric by supporting individuals, strengthening families and uplifting communities. We pilot programmes and research as well as support

programmes that promote culture, heritage and values to benefit current and future generations.

Fostering International Exchange and Enhancing Regional Capabilities

We connect people through programmes that promote dialogues, mutual understanding and a more inclusive worldview. Our programmes also advance

capability and capacity in areas such as healthcare, education, public administration, urban management, and disaster response.

Advancing Science and Nature for a Sustainable World

We champion sustainability and support research and education in science, technology, engineering and mathematics, and solution-oriented development projects that contribute to improving liveability. These programmes strengthen research capabilities and promote cross-functional collaboration in areas such

as healthcare, education, climate change, wildlife conservation and the circular economy.

Page 13: Annual Report 2018/19 Advancing Liveability and ... › ... · Advancing Liveability and Sustainability ... biological and other adversities that endanger people and the sustainability

Temasek Foundation Ecosperity CLG Limited(Company Registration Number: 201614832E)

60B Orchard Road #06-18 Tower 2The Atrium@Orchard Singapore 238891

[email protected] www.temasekfoundation-ecosperity.org.sg#TemasekFoundation #Ecosperity #ABCWorld