LinkedIn Report Finds Jobseekers with ESG Credentials Have a Higher Likelihood of Getting Hired
Green talent refers to professionals who possess skills directly associated with fighting climate change or occupying roles focused on sustainability. A new report from LinkedIn has found that the demand for jobseekers that possess ESG credentials is increasing much faster than its supply.
The Global Green Skills Gap 2024 report found that the supply of green talent between last year and this year increased by only 5.6%, which is small in comparison to the over 11% increase in demand. This gap represents a growing challenge that may hinder the advancement of climate action initiatives if not addressed soon.
Experts forecast that by 2030, one in five jobs will lack the required green talent. If efforts to expand education and training aren’t accelerated, they expect that by 2050, half of the jobs in the green economy will remain unoccupied.
LinkedIn’s VP of Public Policy and Economic Graph, Sue Duke, stated that the report was a wakeup call. She explained that climate goals were at risk if the workforce wasn’t prepared to deliver the change needed.
Duke added that the data reflected the power policymakers had in shaping the demand and supply for green talent, noting that governments needed to invest in the creation of a green-skilled workforce to combat the climate crisis.
The report also found that at 13%, the United Kingdom had the highest percentage of jobs that required green skills. Saudi Arabia and Ireland also recorded increases here. The media, information and technology sector also recorded the largest 12-month increase in demand for green skills, with a 60% increase being recorded over the past year.
Additionally, the utilities industry had the highest demand for these skills, with over 23% of jobs posted listing green skills as a requirement. The construction industry came second, with 20.6% of jobs posted listing the skills as a requirement.
The report also found that women were still underrepresented in this growing workforce. Women with green skills account for 10% of this workforce, in comparison to 17% for men.
The report points out significant green skill growth, which included solar energy skills, expertise in green hydrogen, and sustainable building practices. The report highlights that green skill demand is highest in industries necessary for the climate transition, like technology, construction, and energy.
This means that individuals who possess green skills within those industries and are looking for jobs have a better chance of getting hired. Globally, they’re over 54% more likely to be employed. This figure climbs to over 79% and 80% more likely to be employed in Ireland and America, respectively.
These findings make sense when you consider the increasing rate at which various companies, such as Energy and Water Development Corp. (OTCQB: EAWD), are taking up ESG practices and requiring skilled personnel to oversee those programs.
NOTE TO INVESTORS: The latest news and updates relating to Energy and Water Development Corp. (OTCQB: EAWD) are available in the company’s newsroom at https://ibn.fm/EAWD
Please see full terms of use and disclaimers on the ESGWireNews website applicable to all content provided by ESG, wherever published or re-published: https://www.ESGWireNews.com/Disclaimer
Green talent refers to professionals who possess skills directly associated with fighting climate change or occupying roles focused on sustainability. A new report from LinkedIn has found that the demand for jobseekers that possess ESG credentials is increasing much faster than its supply.
The Global Green Skills Gap 2024 report found that the supply of green talent between last year and this year increased by only 5.6%, which is small in comparison to the over 11% increase in demand. This gap represents a growing challenge that may hinder the advancement of climate action initiatives if not addressed soon.
Experts forecast that by 2030, one in five jobs will lack the required green talent. If efforts to expand education and training aren’t accelerated, they expect that by 2050, half of the jobs in the green economy will remain unoccupied.
LinkedIn’s VP of Public Policy and Economic Graph, Sue Duke, stated that the report was a wakeup call. She explained that climate goals were at risk if the workforce wasn’t prepared to deliver the change needed.
Duke added that the data reflected the power policymakers had in shaping the demand and supply for green talent, noting that governments needed to invest in the creation of a green-skilled workforce to combat the climate crisis.
The report also found that at 13%, the United Kingdom had the highest percentage of jobs that required green skills. Saudi Arabia and Ireland also recorded increases here. The media, information and technology sector also recorded the largest 12-month increase in demand for green skills, with a 60% increase being recorded over the past year.
Additionally, the utilities industry had the highest demand for these skills, with over 23% of jobs posted listing green skills as a requirement. The construction industry came second, with 20.6% of jobs posted listing the skills as a requirement.
The report also found that women were still underrepresented in this growing workforce. Women with green skills account for 10% of this workforce, in comparison to 17% for men.
The report points out significant green skill growth, which included solar energy skills, expertise in green hydrogen, and sustainable building practices. The report highlights that green skill demand is highest in industries necessary for the climate transition, like technology, construction, and energy.
This means that individuals who possess green skills within those industries and are looking for jobs have a better chance of getting hired. Globally, they’re over 54% more likely to be employed. This figure climbs to over 79% and 80% more likely to be employed in Ireland and America, respectively.
These findings make sense when you consider the increasing rate at which various companies, such as Energy and Water Development Corp. (OTCQB: EAWD), are taking up ESG practices and requiring skilled personnel to oversee those programs.
NOTE TO INVESTORS: The latest news and updates relating to Energy and Water Development Corp. (OTCQB: EAWD) are available in the company’s newsroom at https://ibn.fm/EAWD
Please see full terms of use and disclaimers on the ESGWireNews website applicable to all content provided by ESG, wherever published or re-published: https://www.ESGWireNews.com/Disclaimer
