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TheCorporateCounsel

TheCorporateCounsel.net

A basis for research and practical guidance focusing on federal securities laws, compliance & corporate governance.

DealLawyers

DealLawyers.com

An educational service that provides practical guidance on legal issues involving public and private mergers & acquisitions, joint ventures, private equity – and much more.

CompensationStandards

CompensationStandards.com

The “one stop” resource for information about responsible executive compensation practices & disclosure.

Section16.net

Section16.net

Widely recognized as the premier online research platform providing practical guidance on issues involving Section 16 of the Securities Exchange Act of 1934 and all of its related rules.

PracticalESG

PracticalESG.com

Keeping you in-the-know on environmental, social and governance developments

Fighting climate change means doing more with less. It just so happens that the skills required to fight climate change also help improve efficiency and reduce costs. Employers are taking notice, and demand for labor with “green skills” is on the rise. LinkedIn recently published a report analyzing the job market for employees with green skills, which it defines as “those [skills] that directly combat the effects of climate change.” The report found that:

“Green talent are getting hired at a rate 52.7% higher than the overall workforce. For workers, green skills are among the clearest routes into in-demand roles; for employers, it is a clear signal of how much green talent is worth to them.”

What’s interesting is that this demand for green skills isn’t exclusive to sustainability roles. In fact, the majority of green talent hires actually go into roles without green titles:

“Nearly three in four green hires (73.9%) went into roles without traditionally Green Titles. Green skills are becoming core business skills, and employers should build and hire for them in every function, not only in sustainability teams.”

This trend reflects the growing integration of sustainability across companies. Sustainability skills are now embedded in the modern labor force. Employers value green skills and realize that sustainability silos aren’t ideal. By integrating green-skilled employees throughout their workforce, companies are building more sustainably minded teams. However, the supply of green-skilled workers lags behind the high demand. This is good news for job seekers with these skills, who gain a competitive advantage in the labor market. It’s bad news for companies that need to offer competitive compensation to secure green talent.

Our members can learn more about the business value of ESG here.

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The Editor

Zachary Barlow is a licensed attorney. He earned his JD from the University of Mississippi and has a bachelor’s in Public Policy Leadership. He practiced law at a mid-size firm and handled a wide variety of cases. During this time he assisted in overseeing compliance of a public entity and litigated contract disputes, gaining experience both in and outside of the courtroom. Zachary currently assists the PracticalESG.com editorial team by providing research and creating content on a spectrum of ESG… View Profile