The rise of green jobs and opportunities in the Environmental, Social and Governance (ESG) space has recently captured attention across various industries. From renewable energy and clean technology to sustainable agriculture and waste management, ESG roles have become crucial in addressing environment challenges while promoting sustainable practices.
India, in particular, experienced substantial growth in ESG opportunities, fueled by government initiatives and the target of achieving net-zero emissions by 2070. Between 2021 and 2022, ESG hiring and new demands in India witnessed a remarkable increase of over 147 percent compared to the previous year, which saw an 85 percent growth in hiring post-Covid.
ESG’s significance extends beyond employment opportunities; it plays a vital role in attracting global investments. Embracing ESG principles increases the likelihood of investments and acquisitions for Indian companies seeking sustainable growth. Major corporations like Reliance Industries have integrated ESG practices into their business models. Reliance’s ESG team, led by their Chief Financial Officer, focuses on environment sustainability.
ESG jobs encompass various sectors and often require specialised knowledge in environment sustainability. Roles such as renewable energy technicians, environmental engineers, and sustainability consultants fall under the category of jobs that demand green skills.
Furthermore, some jobs indirectly contributing to sustainability do not explicitly require green skills. Accountants working for green businesses and marketing professionals promoting environment-friendly products are examples of such roles.