- September 13, 2022
- Posted by: Bastion team
- Category: World News
A lot of ink (including my own) has been spilled to cover the ESG job market, and there’s no question it’s hot.
One of the most significant drivers of ESG job growth is the abundance of emerging standards and measurement frameworks for reporting, disclosure, performance — you name it. Described by TSC.ai in its new ESG Playbook as an “increasingly connected and data hungry” ESG ecosystem, the authors counted more than 2,000 reporting frameworks, requirements, methodologies and protocols that include over 1,424 potential ESG performance indicators. See their visual below:
My own research and conversations have revealed a few additional factors driving the demand for talent in this space: a move from voluntary to mandatory reporting; an increase in the amount of information that firms must disclose; and a need for data that’s (much like a corporation’s financial statements) robust, auditable, assured and standardized.
As a recruiter, I’ve noticed a strong uptick in requests from hiring managers in the financial services sector — including asset management, insurance, private equity and others — who demand that new hires have the experience and skills to compile, decipher, analyze and disclose information to satisfy requirements from a range of different (acronym-heavy) stakeholders. That includes the Sustainability Accounting Standards Board (SASB), the Task Force on Climate-related Financial Disclosures (TCFD), the Task Force on Nature-related…