- Appointment to take effect from 1 November 2023
SINGAPORE – November 1, 2023 – GenZero is pleased to announce the appointment of Mr Peter Bakker to its Board of Directors with effect from 1 November 2023. GenZero’s Board is chaired by Mr Sunny Verghese (Chairman) and its members include, Ms Goh Swee Chen, Dr Steve Howard, Ms Ruth Nussbaum and Mr Alan Thompson.
Since 2012, Mr Bakker has led the World Business Council for Sustainable Development (WBCSD), based in Geneva, Switzerland as its President and CEO. WBCSD is the global, CEO-led community of the world’s leading sustainable businesses working collectively to accelerate the system transformations needed for a net-zero, nature-positive, and more equitable future.
Mr Bakker serves as a member of several corporate sustainability advisory boards. Notable appointments include, International Advisory Member of the China Council for International Cooperation on Environment and Development, Ambassador Against Hunger for the United Nations World Food Programme, Commissioner at the Business Commission to Tackle Inequality, and Board Member of the Capitals Coalition. He is also a Member of the Advisory Board for Integrity and Corporate Responsibility at Mercedes-Benz Group and a Member of the Sustainability and Impact Forum at UBS.
Recognised for his contributions to the global sustainability agenda, Mr Bakker is a recipient of the Clinton Global Citizen Award (2009), the Sustainability Leadership Award (2010), and the Prix Voltaire International (2023). He also received the Royal Order Officer of the Order of Orange-Nassau in 2018 in recognition of his long-lasting commitment to engaging businesses in tackling global sustainability issues.
Mr Sunny Verghese, Chairman of GenZero, said, “We look forward to welcoming Peter onboard as we embark on our next phase of growth. Peter brings with him a wealth of experience in spearheading global sustainability efforts across a range of industries. His strong track record in working with global corporate decision-makers in driving sustainability initiatives across different geographies will provide valuable insights to guide GenZero in its global investment strategy across nature, technology and carbon market solutions.”
GenZero is an investment platform company focused on accelerating decarbonisation globally. Founded by Temasek, we seek to deliver positive climate impact alongside long-term sustainable financial returns by investing in opportunities with the potential to be nurtured into impactful and scalable solutions.
Driven by a common purpose to decarbonise for future generations, we recognise the need for a holistic and integrated approach to achieve a net zero world. At GenZero, we adopt a flexible investment approach across three focus areas to drive climate impact: (i) nature-based solutions that help protect and restore our natural ecosystems while benefiting local communities and biodiversity; (ii) technology-based solutions that deliver deep decarbonisation impact; and (iii) carbon ecosystem enablers which refer to companies and solutions that support the development of an effective, efficient, and credible carbon ecosystem.
For more information on GenZero, visit https://genzero.co/.