Environment and Social Governance (ESG)

Learn more about the different projects we offer and its details such as pre-requisites, duration, deliverables, etc.
(CLOSED) Sustainability Communications and Engagement for the Financial Sector
Department Sustainability Group
Preferred internship window Summer Internship: May to August 2022. Preference for off-cycle interns who can stay for 6 months until December 2021.
Description of Project

Partnership between the public sector, private sector, and public is a critical enabler for the transition to a sustainable future. Every sector of society has a part to play. The financial sector can be a catalyst for change through financing transition activities and channelling capital to environmentally friendly projects and technologies. Corporates can invest in sustainability initiatives to green their operations and promote sustainability in their organisation and industry. Members of the public can be sustainability changemakers in their own spheres of influence. The intern will support MAS’s efforts to engage stakeholders outside of the public sector to galvanise support for and catalyse sustainability initiatives. This will include financial institutions, corporates, and the general public.

As part of the Sustainability Office, the intern will help to: 

 

i. Facilitate meetings and engagements with local and international sustainability experts.
ii. Support the preparation of engagement materials and briefs for roundtables and committees which MAS is involved or organises.
iii. Support the content development of the annual Sustainability Report (SR) to be launched in June/July 2022. iv. Research and curate content for MAS’s public engagements (e.g. speeches, panel discussions).

Expected deliverables for the project Deliverables are project-based and dynamic.
Experience and/or skills that the intern(s) may gain from the internship
  • Overview of sustainability initiatives, opportunities, and challenges in the financial sector
  • Practical and transferable hands-on experience in sustainability communications and engagement
  • Understanding of public-sector decision making and considerations
  • Writing and presenting skills for the workplace
Pre-requisites preferred from the intern(s)
  • Strong analytical skills
  • Good communication skills, both written and presentation 
  • Independent and proactive 
  • Resourceful
  • Interest in sustainability, finance, and development work
Other Job Functions Corporate Communications
Keywords related to the project Sustainability, sustainable finance, environmental, ESG, climate change, communications, sustainability communications, stakeholder management, stakeholder engagement
Apply Now Apply through our chatbot . Shortlisted candidates can expect to be notified within a month from the date of application.
(CLOSED) Environment Crime Risk Assessment and Policy Approach
Department Anti-Money Laundering
Preferred internship window Summer Internship: May to August 2022
Description of Project Research from this project will input to the Environment Crime risk assessment for the ML National Risk Assessment (NRA), and develop policy approach to designate Environment Offences as ML Predicates, and relevant risk mitigation measures.
Expected deliverables for the project

(1) Research on

(a) jurisdiction scans of environmental crimes, how they are incorporated and how they have been assessed by FATF,

(b) jurisdiction scans of policy approaches taken to designate Environment Offences as ML Predicates, analysis of appropriate approach for Singapore, and risk mitigation measures taken;

(2) Environment Crime risk assessment and analysis arising from LEAs' statistics and typologies;

(3) Preparation of and analysis of survey returns from Banks,

(4) Related policy work including risk mitigation measures.

Experience and/or skills that the intern(s) may gain from the internship Through this internship, the intern will obtain an understanding of how Environment Crime is considered in Singapore's national risk assessment and the policy approach taken to designate Environment Offences as ML Predicates.
Pre-requisites preferred from the intern(s) Ideal if intern has some familiarity with the topics mentioned or has a passion for learning and exploring more on conducting risk assessment, developing policy approaches.
Other Job Functions Anti-Money Laundering / Terrorist Financing
Keywords related to the project AML/CFT, environmental crime, risk assessment, policy approach, research
Apply Now Apply through our chat bot . Shortlisted candidates can expect to be notified within a month from the date of application.
(CLOSED) Research project on Sustainable Infrastructure / Infra Tech / Infra Fintech
Department Financial Markets Development Department
Preferred internship window Summer Internship: May to August 2022
Description of Project The intern will conduct research on one of the following topics

a) value chain and ecosystem of 1 or 2 sustainable infrastructure sectors  in Asia;

b) InfraTech & impact on financial services; or

c) development of Infra Fintech globally. 

The research will provide an overview understanding of the selected topic, the growth trajectory and challenges, and the supporting or enabling policies, including regulations, incentives and capabilities.
Expected deliverables for the project Research report and presentation
Experience and/or skills that the intern(s) may gain from the internship Strong interest in the topics
Pre-requisites preferred from the intern(s) 2nd or 3rd year Uni students
Other Job Functions Business Analytics
Keywords related to the project green, sustainable, infrastructure, InfraTech, Fintech, investments, research, ecosystem
Apply Now Apply through our chat bot . Shortlisted candidates can expect to be notified within a month from the date of application.
(CLOSED) Sustainability Disclosures Roadmap
Department Sustainability Group
Preferred internship window Summer Internship: May to August 2022. Preference for off-cycle interns who can stay for 6 months until December 2021.
Description of Project

Environmental, social and governance (ESG) reporting requirements for companies and mandatory disclosures by financial services firms are rapidly gaining traction. As concerns about greenwashing ratchet up, firms must be able to substantiate their sustainability claims to regulators, investors, and consumers. In turn, regulators must lead the way, and support companies in their disclosure efforts.  The intern will support MAS and inter-government efforts on ESG disclosures for listed and non-listed companies. This includes conducting in-depth research into climate-related and nature-related financial disclosures, and supporting the development of strategies to establish Singapore as a hub for sustainability reporting and assurance.

As part of their research, the intern will: 

  • Research and analyse existing and new disclosure frameworks with a focus on natural capital and disclosure metrics. This will also include consolidating and analysing feedback from various stakeholders;
  • Review and update on sustainability disclosure requirements and legislation in other countries;
  • Support inter-government efforts on disclosures for non-listed companies
  • Support efforts to develop Singapore as a trusted centre for sustainability reporting and assurance, including through capacity building efforts
Expected deliverables for the project One presentation and an aggregated research report to the Head, Sustainability Office, summarising key research findings. There may also be ad-hoc analyses, reports, and research required.
Experience and/or skills that the intern(s) may gain from the internship
  • Overview of sustainability initiatives, opportunities, and challenges in the financial sector
  • Knowledge of sustainability disclosure initiatives and regulations
  • Understanding of public-sector decision making and considerations
  • Writing and presenting skills for the workplace
Pre-requisites preferred from the intern(s)
  • Strong analytical skills
  • Good communication skills, both written and presentation 
  • Independent and proactive 
  • Resourceful
  • Interest in sustainability, finance, and development work
Other Job Functions Business Analytics
Keywords related to the project Sustainability, sustainable finance, environmental, ESG disclosures, ESG reporting, climate, natural capital, biodiversity
Apply Now Apply through our chat bot . Shortlisted candidates can expect to be notified within a month from the date of application.
(CLOSED) Green Finance Jobs Transformation Map
Department Sustainability Group
Preferred internship window Summer Internship: May to August 2022. Preference for off-cycle interns who can stay for 6 months until December 2021.
Description of Project

MAS will be embarking on a Green Finance Jobs Transformation Map to identify and assess the impact of sustainability on financial sector roles over a 5 year, and 10-year horizon. This include identifying new roles that will be displaced or roles that will be greened within the two horizon periods. The intern will be part of the team driving the study and will support the team’s engagement with consultants, other government agencies as well as industry players, including industry associations, and financial institutions. 

The intern will support the team in the project including:

  • Project management and stakeholder engagement 
  • Research and analysis of key trends of sustainable finance on manpower development 
  • Gathering of feedback and analysing of data from internal and external stakeholders

The intern will also assist the Sustainability Office in other areas of work related to jobs & skills, including providing inputs to speeches, papers, briefs and presentations (e.g. MAS’ internal/industry led green finance committees or inter-agency meetings).

Expected deliverables for the project
  • Share and present interim findings of consultancy study to internal stakeholders and to the wider economic agencies 
  • Support team’s key functions, projects, events and MAS’ internal/industry led green finance committees and inter-agency meetings.
Experience and/or skills that the intern(s) may gain from the internship
  • Good overview of MAS’ sustainability initiatives and manpower development efforts • Develop project management and stakeholder engagement skills 
  • Writing and presenting skills for the workplace
Pre-requisites preferred from the intern(s)
  • Strong analytical skills
  • Good communication skills, both written and presentation 
  • Independent and proactive 
  • Resourceful
  • Interest in sustainability, finance, and development work
Other Job Functions Business Analytics
Keywords related to the project Sustainability, sustainable finance, ESG, manpower, jobs and skills
Apply Now Apply through our chat bot . Shortlisted candidates can expect to be notified within a month from the date of application.
(CLOSED) Enabling climate aware investment and procurement decisions through internal carbon pricing and measurement of climate related exposures and risks.
Department Risk Management Department
Preferred internship window  Between March to September 2022
Description of Project Formulate a framework that –
(i) evaluates and quantifies the potential risks of climate change to MAS in various extreme but plausible stress scenarios that are aligned with the latest cutting edge scientific findings;
(ii) places a value on averting climate change and incorporates that into MAS’ procurement decisions; and
(iii) reports progress on climate change metrics that both keeps pace with the latest international practices yet is aligned with MAS’ role as a central bank.
Expected deliverables for the project 1. Formulation of plausible climate stress scenarios and variables, and converting these variables into stress testing parameters, with the corresponding qualitative descriptive narrative of the scenario depicted by these stress parameters.
2. Recommendations on
(i) how an internal carbon price can be formulated;
(ii) the types of procurement where carbon pricing could be incorporated into evaluation and decision making process; and
(iii) how this can be done.
3. Analysis of forward looking portfolio climate metrics and recommendations on approaches to monitor and report on portfolio climate alignment.
Experience and/or skills that the intern(s) may gain from the internship  1. Opportunity to be part of a trailblazing project that will set an example for financial institutions and corporates in climate-related risk management and decisions.
2. Gain exposure and experience at the frontiers of the emerging and fast evolving field of ESG/ climate investing.
3. Understand how climate related factors can impact investment performance during stress scenarios, and how investment performance should be reported to track progress on the journey towards being a climate aware investor.
4. Opportunity to understand how investments and risk management are conducted at one of the top central banks in the world.
5. Opportunity to understand the various ways how carbon can be priced, and how such pricing can be incorporated into existing procurement decision making frameworks and processes to achieve an outcome that is both climate friendly and cost efficient.
6. Stakeholder engagement and presentation skills.
Pre-requisites preferred from the intern(s)  Business, economics, finance or accounting related degree; with a strong interest in green finance and ESG/climate integration
Other Job Functions  Environment and Social Governance (ESG), Business Analytics
Keywords related to the project Risk Management, Investments, Climate Change, ESG, Scenario Analysis
Apply Now  Apply through our chatbot . Shortlisted candidates can expect to be notified within a month from the date of application.