Published on 10 Feb 2022

Gearing up for sustainability

Established with a gift of S$500,000, the Golden Energy and Resources Environmental Sustainability Scholarship provides up to three NTU undergraduates with a Minor in Environmental Sustainability with awards of S$10,000 each for an academic year.

By Jasmine Tiong

In December 2021, Golden Energy and Resources Limited (GEAR) made a gift of S$500,000 to establish the Golden Energy and Resources Environmental Sustainability Scholarship at Nanyang Technological University, Singapore (NTU Singapore).

This timely gift comes on the heels of the University's Sustainability Manifesto, which was announced last October. The 15-year manifesto reflects NTU's commitment to decarbonisation and sustainable development through a multi-faceted approach.


Through the Scholarship, GEAR aims to challenge and inspire NTU students in developing innovative and sustainable solutions while being aligned with the economic, social, and environmental impacts of the world’s energy and resources industries.

Executive Chairman of GEAR Mr Fuganto Widjaja said: “The goal of Net Zero and path towards a Green Economy will require huge breakthroughs and innovative solutions. Being a leader in sustainability studies, NTU will be a great platform to inspire and unlock talents who will hopefully crack the code for global sustainability transformation through science and technology. GEAR is delighted to support NTU in this small step for our collective efforts towards a greener world.”

Mr Mark Zhou (NBS/2007), Executive Director and Chief Investment Officer of GEAR, added: “NTU has been dauntless in its efforts to mould the next generation to be environmentally conscious and responsible. It is our privilege to be able to partner with and support NTU in the pursuit of a more sustainable future for us all.”

The Scholarship, open to undergraduates specifically in year three or four of their study, promotes scholastic excellence for eligible students with a Minor in Environmental Sustainability. Up to three students will be selected to receive a Scholarship valued at S$10,000 for the span of an academic year.

“As part of NTU’s sustainability journey, we are excited to mark the start of our like-minded partnership with Golden Energy and Resources Limited through the establishment of the Environmental Sustainability Scholarship,” said Ms Lien Siaou-Sze, Vice President for University Advancement. 

“GEAR’s generous support will open pathways to empower young undergraduates at NTU to become impactful and responsible leaders of tomorrow, as well as help build a diverse pipeline of talent that will contribute to a more sustainable future for all,” she added.

The gift signing ceremony was held on 18 January 2022 at NTU, with Mr Fuganto Widjaja and Ms Lien Siaou-Sze in attendance.

Environmental Sustainability Scholarship Gift Signing Ceremony CeremonyGEAR’s Executive Chairman Mr Fuganto Widjaja presents a cheque of S$500,000 to Vice President for University Advancement Ms Lien Siaou-Sze, during the gift signing ceremony. Also photographed here are, GEAR’s Executive Director and Chief Investment Officer Mr Mark Zhou (far right), University Advancement Office (UAO)’s Deputy Director Mr Tee Ah Heng (far left) and UAO’s Executive Director for Major Gifts Mr William Roth. 

We hope you have enjoyed this story about the impact of giving on NTU’s momentum. 

Would you consider adding to this momentum and making a gift to NTU Singapore today? Whether you help to nurture academic excellence, or support the NTU cause of your choice, there are many different ways to give to and support the University. If you would like more information or require assistance in making a gift, please drop us an email or call any of our fundraisers listed here. 

Thank you for considering NTU for your support.