ESG Jobs In India Up By 223% Since 2019: Report
Jobs related to the environmental, social, and governance (ESG) sector have grown by over 223 per cent in India between April 2019 to April 2023, according to a report by Indeed.
The most significant increase in job postings on the Indeed platform came about between April 2021 and April 2022, growing by 109 per cent.
Despite this massive increase, last year saw a decline of 22 per cent in job postings for ESG jobs.
"This indicates that while sustainability formed a key part of organizational goals due to the pandemic, it may have cooled down in the last year, indicating a stabilization of this segment of jobs, following the post-covid growth spurt," it added.
On the other hand, demand from jobseekers has seen positive growth in the last year.
Job searches for sustainability roles increased by 31 per cent between April 2022 and 2023, the highest growth in the last three years. Interest in sustainability roles grew by 13 per cent from jobseekers overall in the last three years.
Sashi Kumar, Head of Sales, Indeed India noted, “The growing demand for ESG professionals can be attributed to several factors, including rising consumer expectations, and the need for companies to enhance their brand reputation. Employers are actively seeking individuals with expertise in sustainable practices, environmental science, conservation, corporate social responsibility, and related fields to fill these positions."
Kumar added that additionally, employees, especially the younger ones today place much more importance on environmental and social concerns than the previous generation. The world of work now seems to be very involved and leveraging employees' passion areas across ESG space.
A similar trend is seen in other Southeast Asian countries like Singapore and Malaysia which saw a 146 per cent and 139 per cent increase respectively in ESG job postings in the last three years.
Just like India, both these countries saw a decline in the last year but saw strong growth in demand from jobseekers of 71 per cent and 111 per cent respectively in the last three years, it added.
