Sustainable investing boom and net zero pledges drive ESG talent war
Surging demand for expertise as companies across sectors pledge to reduce their carbon footprint
The Financial Times article, "Sustainable investing boom and net zero pledges drive ESG talent war," quoted Russell Reynolds Associates Consultant
Sarah Galloway on the coming war for sustainability talent. The article is excerpted below.
The push for businesses to be run more sustainably is driving a surge in demand for professionals with environmental, social and governance expertise, according to consultants and recruiters.
More than one in five of the world’s largest companies have made some form of commitment to reaching net zero emissions and investors are sharpening their focus on the social impact of companies they back, creating a boom in the market for specialists in corporate sustainability.
“The bottom line is demand far outstrips supply and so there is going to be a real war for talent and that will include compensation,” said Sarah Galloway, co-leader of recruiter Russell Reynolds Associates’ sustainability practice.
Demand for ESG experts is booming across professional services, including at management consultancies, boutique advisory firms and property companies, recruiters and executives said.
Access the full article here.