ESG is hot in the economic society! !

How about the new MSc in Sustainable and Green Finance program at the National University of Singapore?👀👀

ESG is hot in the economic society! ✊✊NUS’s new master’s program in “Sustainable and Green Finance” can be said to be “just in time”.

The so-called "sustainable finance/green finance" simply means: when making investment decisions, fully consider the environmental, social and governance (ESG) factors of the project to promote sustainability in two aspects:

1. Financial operations → (promote) sustainable social development;

2. The sustainable development of the financial industry itself.

I will interpret this blog professionally, let’s talk about this major:

NUS-MSc in Sustainable and Green Finance

Let’s start with the recent environmental issues. The impression is quite intuitive: Phenomenal and sustained extreme high temperatures have occurred in many places around the world.

Do you still remember Hawking’s prediction? He said that by the year 2600, humans will turn the earth into a giant fireball.🔥🔥🔥

Looking at the prediction now, I don’t think it is alarmist at all. Because the global warming trend is already a fact.

Many people will say, then we should reduce the use of chemicals that damage the ozone layer, plant more trees, reduce carbon dioxide emissions, reduce the use of fuels that pollute the environment, and promote green travel...🌍🌎🌏🌐

I have been saying this for many years, but the effect is not good, because? Because the groups with real influence do not prioritize environmental factors in making decisions. Because "rapid development" and profit maximization are often contrary to "sustainability".

The so-called "truly influential groups" include not only international organizations and government agencies, but also many parties, especially enterprises, financial institutions, and investors.🌱🌻🌻

This is one of the key reasons why NUS has launched a new MSc in Sustainable and Green Finance – whether it is researching and developing alternative energy sources or addressing the current decline in profits caused by following the principles of sustainable development. of businesses provide economic support... The financial sector has enormous power in addressing sustainability issues.

Simply put, finance can aid efforts to combat climate change and sustainable development by providing financial resources for opportunities across various asset classes. Some existing examples include: green bonds, renewable energy financing, carbon credits, etc.

Although it is still an emerging concept, the demand and prospects in the field of green finance are staggering.

NUS's MSc in Sustainable and Green Finance program is jointly offered by the "Sustainable and Green Finance Institute" (SGFIN) and the NUS Business School.

Specifically, SGFIN has three goals: 1. Provide policy recommendations to regulatory agencies based on rigorous research; 2. Use modern statistics and advanced machine learning tools to establish transparent and standardized sustainability measurement and evaluation for Asian companies. Framework; 3. Cultivate the next generation of business managers and leaders with sustainable financial thinking through education.

In addition to its supporting departments, the National University of Singapore itself is also an active participant in green finance.👍👍👍