RAJEEV PESHAWARIA TITLE : CEO
RAJEEV PESHAWARIA TITLE : CEO
COMPANY : STEWARDSHIP ASIA CENTRE ( TEMASEK HOLDINGS )
INDUSTRY : NON-PROFIT LOCATION : SINGAPORE
Rajeev leads the SAC – a non-profit organisation established by Singapore ’ s Temasek Holdings that is dedicated to helping business and government leaders , investors , and individuals activate stewardship practices . Previously , he was Chief Learning Officer at Coca-Cola and Morgan Stanley , while also holding senior positions at American Express , HSBC and Goldman Sachs .
The impact conundrum Peshawaria argues that the hardest part of trying to measure the good you are doing as a business is that “ one person ’ s windmill is another person ’ s bird killer ”.
“ The hardest part is to define what positive impact really is ,” he explains . “ For example , doing something good for the environment might create social problems like unemployment in some countries that rely on industries that may be environmentally harmful .
“ Another issue relates to net shareholder returns . Some people are still not convinced that doing good is in the best interest of shareholders . Those with a short-term investment horizon question the efficacy of doing good through business as they believe doing so eats into their returns . Only those
72 March 2024