De Rui Wong, Senior Vice President in the Sustainability Office of GIC, a Singaporean sovereign wealth fund (SWF), has joined the board committee of the Asia Investor Group on Climate Change (AIGCC). Wong becomes the tenth member of the committee, which oversees the work of the AIGCC Management Team and its member activities. AIGCC has 75 members in 11 countries across Asia with a collective AUM of US$28 trillion. At GIC, Wong leads research on sustainability-related themes such as climate change, nature, supply chains. He chairs AIGCC’s Paris-aligned investing working group, which seeks to share and advance emerging investor solutions for facilitating the transition to a net zero emissions economy. “De Rui plays a key sustainability leadership role at one of Singapore’s most important financial institutions, so AIGCC will benefit greatly as he brings that insight and perspective as we help the region’s investors manage climate risks and opportunities,” said Rebecca Mikula-Wright, CEO of AIGCC. GIC is the world’s seventh largest SWF, with more than US$800 billion in AUM. It is one of Singapore’s two wealth funds alongside Temasek, the world’s 14th largest, which manages US$286 billion in assets. “As climate change presents an increasing material impact on investors and the global community, it is crucial to have platforms to discuss and collaborate on best practices to tackle this challenge,” said Wong. “I look forward to working more closely with other investors on the risks and opportunities associated with climate change, especially in a region as important as Asia.”
