ESG(environmental, social, and governance) investing has become a major trend in recent years. As investors become more concerned about sustainability and social impact, demand for ESG-focused funds and strategies has skyrocketed. This has created exciting new internship opportunities at top investment firms and banks. Landing a competitive ESG investing internship requires proper preparation and leveraging key resources. This article will provide insider tips on the ESG internship application process and how to stand out from other candidates.
Understand what ESG investing is and why it matters
ESG investing incorporates environmental, social, and governance factors into investment analysis and decisions. ESG criteria help investors identify risks and growth opportunities related to issues like climate change, human rights, diversity, and executive compensation. With trillions now flowing into ESG funds, knowledge of sustainable investing principles is essential for aspiring finance professionals. Thoroughly research ESG methodologies, trends, and thought leaders. Subscribe to news sources like GreenBiz and ImpactAlpha. Follow top ESG investors on LinkedIn and Twitter to immerse yourself in the community.
Leverage campus ESG investing resources
Many leading business schools now offer courses, clubs, and events focused on sustainable finance and ESG investing. Audit relevant classes to gain exposure. Join ESG-related student groups to network with like-minded peers. Attend campus talks by ESG investors to learn their perspectives firsthand. For example, the Net Impact club at UC Berkeley hosts an annual ESG investing panel. Active involvement in ESG activities signals passion to recruiters.
Obtain relevant experience
Experience in ESG research, reporting, or related areas is invaluable for securing a competitive internship. Seek roles on campus that incorporate ESG factors like the sustainability office or green investing fund. Off campus, explore positions at ESG research firms like Sustainalytics. Hands-on ESG knowledge will enable you to stand out and answer case questions.
Customize applications and prepare for interviews
When applying, highlight ESG-related academics, activities, and experience in your resume and cover letters. Research the firm’s specific ESG initiatives and incorporate them into your materials. For interviews, practice responding to technical questions on topics like GHG emissions reporting and ESG integration. Also prepare stories that demonstrate your passion for sustainable investing and its positive social impact.
ESG investing internships allow students to gain firsthand experience at the forefront of sustainable finance. By mastering ESG concepts, tapping campus resources, obtaining direct experience, and customizing applications, candidates can maximize their competitiveness for these selective and highly coveted roles.