SMU Announces Sustainability Scholarship with Gift from SeaTown

Published on: 21 November 2022
by KnowESG
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SeaTown Holdings International Pte Ltd (SeaTown) and Singapore Management University (SMU) have set up the SeaTown Sustainability Scholarship (Scholarship) to help train the next generation of sustainability leaders.

From the Academic Year (AY) 2023-2024 to AY 2025-2026, the scholarship will be given to two of the best third-year SMU undergraduates. Scholarship recipients must have chosen sustainability as their major and demonstrate academic excellence as well as a commitment to sustainability.

Each scholarship winner will get a total of S$30,000 ($15,000 per year for their third and fourth years of study) to cover their tuition fee and/or other study-related costs. Through an internship with SeaTown's Sustainability Research teams, scholars will also have the chance to work in the asset management field in a role that focuses on sustainability. In total, six students will benefit from the scholarship.

Patrick Pang, CEO of SeaTown, said, “SeaTown believes that sustainability trends will rewire the business world and present compelling new investment opportunities. We see a clear need for more sustainability-skilled business professionals in Singapore to support its Green Plan and to contribute to Singapore as a leading destination for sustainable investing."

"We think that encouraging the next generation of sustainability leaders to grow will increase Singapore's ability to help solve some of the world's most important problems," he said.

Commenting on the Scholarship, Professor Bert de Reyck, Dean of SMU Lee Kong Chian School of Business, said, “One of the key strategies in SMU’s Sustainability Blueprint is to develop change agents through education. To prepare our students to be future sustainability leaders and active global citizens, sustainability education is embedded throughout our curriculum, which offers foundational, intermediate, and advanced mastery of sustainability issues to all our students.

We are delighted to have found a like-minded partner in SeaTown, and we are grateful for the generosity it has extended to our students through this Scholarship and the internship opportunity with SeaTown’s research teams.”

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Source: SMU

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