ESG (Environmental, Social and Governance) “Implications for Talent”
The climate crisis is present and intensifying. ESG (Environmental, Social and Governance) has become a priority in corporate strategy and a central part of business development. There is great demand for skills to create a more circular economy as employers look at ways to reduce their environmental impact. According to findings from McKinsey two-thirds of the average company’s ESG footprint lies with suppliers. They are confident that procurement leaders who take bold action can make a decisive difference in sustainability. More than 15,000 current university students and new graduates from 15 markets were surveyed by the Chartered Financial Analyst institute (CFA). Nearly nine in 10 respondents said it was important for them to work in an industry that makes a positive societal and environmental contribution.
The CFA stated “It is now incumbent on companies to adapt to the new realities, such as hybrid workplaces, in order to attract and retain the young talent we need to help lead us out of the pandemic.” The CFA found that students had concerns about developing work-related skills during degree programs and after graduating. A quarter of respondents said they feel underqualified for the job they want. 22% said they do not feel ready for the working world. When approaching the complex job market, students and graduates see value in further education. Nearly 90% feel that upskilling and post-graduate qualifications are important in the current job market. Also 57%believe postgraduate qualifications/professional certification will give them an edge when looking for a job.
“Graduates are clearly focusing on work-readiness, professional skills, and boosting their job prospects; higher education and credentialing institutions need to ensure their offerings meet this demand.” Achieving your ESG ambitions is only possible with the right people. A new operating model will mean new ways of working, new roles and new skills.
Taylor Osborne will partner with your internal HR and Talent Acquisition teams to provide you with a tailored combination of services that best meet your requirements. We can identify the talent you need to deliver your ESG strategy. We can explore your existing talent and see where you might shift your workforce to fill the gaps and new requirements as they arise. We will work with you to recruit great candidates at every level and upskill your current workforce. We will share all our data and intelligence with you to inform your current and future strategy.
Some of the recent projects that Taylor Osborne have worked on include: Executive Bench Talent NED Skills Assessment New European Office Feasibility Study Global Interim Placements Multiple Executive Appointments
Contact us at www.taylorosborne.co.uk
Julia Clarke MANAGING DIRECTOR +44 07764943053 Jtaylor@taylorosborne.co.uk
Julia Connor CLIENT DIRECTOR +44 (0)203 7055835 Julia.connor@taylorosborne.co.uk