The technical engineering and science routes were the only way to enter the ESG (environmental, social, and governance) sector. However, as this industry expanded, more opportunities for different ESG roles became available. The new options range from legal, consultation, and activism to others.
In most cases, there are no specific ESG requirements as companies planning sustainability initiatives seek candidates mainly for traditional skills. For example, an ESG project may require the support of engineers, researchers, financial experts, data analysts, and others. Those exposed to sustainability initiatives can get preference over other candidates in these jobs. The responsibilities depend on the role, company, and industry.
1.Educational Qualifications
Those applying for an entry-level ESG position should have at least a bachelor’s degree. The degree requirement will depend on the role but generally the candidates should have a degree in environmental science, sustainability, social science, environmental engineering, public policy, public administration, economics, or others. Those who have studied a subject focusing on ESG have a better prospect of getting selected for an ESG position.
For senior ESG roles, you should have a master’s degree in environmental management, sustainability management, business administration, public policy, or science. A PhD in sustainability, economics, or environmental science can be advantageous. Some educational courses focus on subjects related to the ESG field. Certifications in sustainability accounting, global reporting, environmental impact assessment, environmental management, and similar subjects will enhance your prospects of landing an ESG job.
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2.Experience
Entry-level ESG jobs generally do not require any experience in the ESG field. Degrees and certifications in sustainability and environmental subjects may be sufficient. Those applying for a senior role should have some exposure to the ESG sector. Even there, experience in the ESG field may not be necessary for a generic role like accountant. Those who have done some ESG-related internship, part-time job, or volunteer work can get preference. These activities show the candidate’s inclination and commitment toward sustainability.
3.Specialization
Some specialization may be needed for senior roles. Those applying for an entry-level role may get preference over other candidates if they have such a specialization. These specialization subjects include sustainability, ethical investments, corporate social responsibility, environmental science, sustainable supply chain management, green technology, renewable energy, etc.
To get a job in the ESG industry, look for an opportunity related to your finance, accounting, law, or management specialization. Within your specialization, look for courses, degrees, and certifications focusing on sustainability, social, and governance topics. You should have relevant skills if you apply for a job focused on planning and managing sustainable investment strategies.
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4.The Skills That Can Help Get an ESG Job
a)Legal, Regulatory, and Compliance
Companies looking for candidates with ESG skills do so because they have to comply with different regulatory requirements. Failure to meet these compliances can result in financial and legal penalties. Effective ESG compliance prevents these incidents. Your knowledge of laws and regulations related to ESG subjects can help you get an ESG job.
b)Financial Specialization
This type of specialization is needed as investors want to invest in companies that comply with ESG requirements and expectations. If finance, accounting, or investment is your focus area, you should understand subjects related to asset management, sustainable investment strategies, and fair wages. Knowledge of some national and international sustainability reporting frameworks will be helpful.
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5.Use Online Systems to Find a Job in the ESG Industry
Once you have relevant educational qualifications, certifications, degrees, and specializations, applying for an ESG job in your focus will become easier. Prepare your portfolio considering the specific demands that companies have for an ESG role. Show your experience participating in internships, part-time jobs, or volunteer work to prove your commitment to this field.
Once you have your portfolio ready, search for ESG jobs through online job boards and professional networking platforms. Keep in mind that ESG jobs may not be advertised under any specific ESG category. The jobs may still have regular headings looking for a financial expert, data analyst, or legal professional. A part of the job description may mention the preference for candidates with ESG-relevant skills and experience.
6.Join an ESG Focused Internship
You can join an entry-level position, internship, or part-time job where the focus is more on ESG responsibilities. Do not expect regular employee compensation in these positions. Some volunteer work may not even pay anything. The goal here is to acquire some experience in your focus career area. Use this opportunity to network with companies and professionals who can help get you a job in the ESG industry.
ESG jobs are usually posted by large companies at high risk of penalties if they fail to comply with ESG guidelines. Consulting firms in the sustainability and compliance sectors often hire ESG professionals as their clients seek their services to comply with ESG requirements. Financial institutions, regular companies, and NGOs working in sustainability are other employers looking for candidates with relevant skills.
Most companies expect a dedicated cover letter, so study the company you are applying to before writing this letter and sending your job application. Prepare for the interviews, where you will face questions about your core subjects and ESG principles. You must understand how the target company can comply with sustainability, social, and governance goals with your help.
Related: Are Sustainability Jobs Safe from Automation?
Conclusion
Getting a job in the ESG industry requires relevant sustainability, compliance, and social responsibility skills. The educational qualification and skills requirements depend on the specific role and the company’s industry. Your resume should highlight your skills relevant to the role.
Keep updated with the latest ESG standard, compliance, legal, and regulatory requirements. Search for jobs in your focus area through online job and professional networking platforms. Network with professionals, companies, and NGOs that can help you land a job in the ESG industry.
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