MAS sets up sustainability group, appoints Chief Sustainability Officer

September 2021

The Monetary Authority of Singapore (“MAS”) has announced the formation of a new Sustainability Group to coordinate MAS’ green finance and sustainability agenda, namely to: (i) strengthen the financial sector’s resilience against environmental risks; (ii) develop a vibrant green finance ecosystem to support Asia’s transition to a low-carbon future; (iii) identify strategic green finance collaborations with regional and international counterparts; and (iv) reduce MAS’ own carbon and environmental footprint.