The rate of green-skilled talent growth is not matched with the employer's needs. Currently, 22.4% of advertised jobs require at least one green skill but only 12.3% of the workforce have any green skills.3
To remedy this, employers must delve into their current talent pool to pull out the transferable people and skills into new, sustainability roles.
Train the people you have
Traditionally, sustainability roles have focused on environmental science and engineering skills. But, since the training is long and narrowly focused, employers are paying top dollar for these highly skilled people. So much so that people with green skills can expect to be paid 29% more than the workforce average.3
To break free of this talent trap, employers must think laterally about the skills needed to service the sustainability needs of their company.
Singtel’s very own Aileen Tan is the perfect example of this in action. Aileen has an extensive HR background and now heads the organisation’s sustainability agenda. The convergence of her art and science qualifications, alongside her people-focused skills, gives her a unique power in a sustainable future for the business and its people. Andrew Buay is another Singtel leader who gathered a unique set of people, planet and business experiences to enable him to lead Singtel Group’s sustainability arm.
In their Green Skills Report, LinkedIn identifies STEM and digital skills as key prior careers for people transitioning into green roles. They note, “Digital skills are important, as companies develop and deploy tech-enabled solutions to achieve their sustainability objectives.”3 Data literacy is another skill that is also critical to sustainability with measurements needed across data capture, analysis and ESG reporting.
Whereas sustainability specialists are expensive, 48% of non-sustainability workers would accept a lower salary to work in environmentally sustainable organisations.4 This strategy keeps the talent in-house and offsets the higher premium of new, environmentally trained hires.
Training talent to apply their existing skills to new, sustainability challenges also builds resilience as companies with robust ESG credentials outstrip their peers in profitability by 2% total shareholder return.5