The best reports go beyond disclosure. They catalyze strategic dialogue, clarify risks and opportunities and show how companies are positioning for long-term resilience and growth in an evolving operating and regulatory environment. As technology expands the investor data landscape, globally comparable high- quality reporting becomes an even more vital tool for informed, forward-looking decisions. Q. Why does sustainability reporting matter to investors today? The requirement to produce high-quality disclosures is driving companies to examine material risks and opportunities, integrate sustainability into their core business processes and demonstrate accountability to stakeholders. For investors, these disclosures provide a window into how a company is positioned for long- term value creation and resilience. They also signal the strength of a company’s governance and its responsiveness to market shifts, regulatory changes and evolving stakeholder expectations. Q. What’s changing in the global reporting landscape and how is Asia responding? Momentum towards more robust sustainability reporting continues to build, with the International Sustainability Standards Board (ISSB) International Financial Reporting Standards (IFRS) S1 and S2 standards providing a foundational global framework. Across Asia, regulators in markets such as Singapore, Hong Kong, Japan and India are taking a pragmatic approach – adapting global principles for local implementation in a way that balances the need for harmonization with sensitivity to regional differences. This helps investors make better- informed decisions, while recognizing that effective alignment requires time, capacity building and the awareness and appreciation of the diverse economic contexts across geographies. Q. What do investors like Temasek look for in a sustainability report? As an investor, we value forward-looking and decision- useful sustainability-related disclosures. The use of comparable metrics that demonstrate how sustainability performance links to financial outcomes and how it is embedded in business strategy and governance is essential, enabling investors to make informed capital allocation decisions. We look for thoughtful and adaptive strategies that effectively manage sustainability-related risks and opportunities across company operations and the wider value chain, driving resilience and growth. Governance and accountability are also critical, demonstrated through clear board and management oversight, with sustainability considerations embedded in both strategic and operational decision-making. Importantly, a company should size its efforts according to what is material and decision-useful, recognizing that reporting is a journey for many. Other important attributes include a clear articulation of why these material topics matter, alongside forward-looking insights into how the company is positioned to manage transition and adaptation across climate, nature and social dimensions. Finally, the use of comparable metrics, aligned with globally recognized standards and reported consistently over time, is essential to supporting benchmarking and trend analysis. Q. How can reporting strengthen the relationship between companies and investors? Well-structured disclosures allow investors to move beyond routine data requests and engage in more constructive dialogue on strategy, trade-offs and innovation. They provide a foundation for deeper engagement between companies and investors on transformation pathways, capital deployment priorities and capability building to address systemic challenges for long-term value creation. Q. How is technology changing investor decision-making and what will define an “investor-ready” sustainability report in this context? The growing use of technology in investment analysis is reshaping the information landscape. Artificial intelligence tools now identify patterns and assess risk, while alternative data sources – such as satellite imagery, supply chain analytics and sentiment analysis – offer independent insights into performance and impact. As a result, sustainability reports are no longer the sole narrative. Investors draw on multiple data sources to form a more holistic, real-time view. For companies, consistency and credibility across all data sources are essential. An investor-ready sustainability report should complement, not compete with, this broader data ecosystem. It must offer clarity, coherence and context, connecting strategy with real-world outcomes. Done well, such a report helps companies stand out as trusted, future-ready partners in a fast-moving, data-rich world. Introduction Investor insights: In conversation with Temasek Koh Wei Ling Director, Finance (Financial Management) Temasek Jasmine Teo Director, Sustainability Group (Strategy) Temasek