ESG jobs demand up 257% in the last 3 years
This comes as climate change becomes included in most agendas of businesses.
Jobs in the environmental, social, and governance (ESG) sector in Singapore increased 257% in the last three years between April 2019 to April 2022 as climate change becomes part of the agenda by companies and businesses.
In a statement, global jobs portal Indeed said the most significant jump in demand occurred between April 2021 and April 2022, with job postings increasing 95%, compared to the 75% increase in the previous year.
The rise in job offers partially coincided with the launch of Singapore's Green Plan in February 2021 which outlines the initiatives to make the economy more environmentally friendly, invest in green energy, and grow the number of green jobs.
"Climate change is rapidly gaining space in most businesses' agendas, from large corporations to small and medium enterprises. They are worried about their own environmental impact and how climate crises can influence their future. We're seeing this phenomenon worldwide, and Singapore is no different," said Nishita Lalvani, senior manager of Marketing at Indeed Southeast Asia and India.
"We anticipate ESG roles to continue to rise as more sectors incorporate the functions into their organisations and make sustainability and community relations a key part of their actions," Lalvani added.
Job postings include very senior positions, such as vice-presidents and directors, and middle and junior jobs, from managers and analysts to consultants, Indeed said.
It added that the rise in ESG job offers in the last three years also accelerated in other Asian markets with Malaysia increasing by 986%, India by 468%, and Hong Kong by 442%.