UOB Asset Management opens sustainability school

The new training academy aims to develop inhouse green investment know-how.

Thio Boon Kiat, CEO of UOB Asset Management
Thio Boon Kiat, CEO of UOB Asset Management, said setting up the Sustainability Academy 'reinforces our commitment to sustainability at UOBAM and enables us to become active stewards of sustainability for our clients and partners.' Image: UOB Asset Management

UOB Asset Management, the asset manager arm of Singapore’s United Overseas Bank, has launched a programme to train its staff in sustainable investing.

UOBAM’s Sustainability Academy will teach the fundamentals of sustainable investing and help embed environmental, social and governance (ESG) thinking within the organisation, the company said in a press announcement on Friday (30 October).

The sustainable investing course will comprise two modules — sustainable Investing and Sustainable Development Goals (SDGs) investing, and will cover topics such as ESG integration and measuring the contribution of companies to the SDGs.

Time spent by UOBAM employees on these modules will count towards the hours staff they must spent on training programmes as part of their professional development with the company. 

The first courses, on responsible investing, will be run through a tie-up with Robeco, an international asset manager. Later courses will include a programme run by KPMG and supported by The Institute of Banking and Finance Singapore on topics such as sustainability reporting and ESG regulations.

UOB Asset Management chief executive Thio Boon Kiat said the academy would help the company “become active stewards of sustainability for our clients and partners.”

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