Page 51 - Banking Finance September 2023
P. 51

FEATURES






           Balance attitude & aptitude to




                       succeed in sustainability











               n recent years, India Inc has witnessed a shift in its  not only enable companies to meet their ESG goals but also
          I    awareness and prioritisation  of sustainability and  enhance their reputation, attract  investors, and stay

                                                              competitive in a rapidly  evolving business landscape.
               environmental, social, and governance (ESG) factors.
                                                              Increasingly sustainability professionals make a choice of
          As businesses become more conscious of their impact on  working with organisations that demonstrate not only
          the planet and society, they are adopting sustainable  sustainability intent, visible but also where policies are pro-
          practices and  integrating ESG considerations into  their  employee.
          strategies. This shift is driven by a growing understanding
          that sustainable and  responsible business practices not To land a job in sustainability, there are several
          only  benefit  the  environment  and  society  but  also
                                                              qualifications that can be beneficial:
          contribute to long-term business success. Companies are
                                                              Education: A relevant bachelor’s or master’s degree in
          realising that embracing sustainability and ESG is not only
                                                              environmental science,  sustainability, renewable energy,
          the right thing to do ethically but also a crucial factor in
                                                              environmental engineering, or a related field can provide a
          building resilience, mitigating risks, and creating value for
                                                              strong foundation of knowledge. Additionally, specialised
          stakeholders.
                                                              certifications such as LEED (Leadership in Energy and
                                                              Environmental Design) or other sustainability-focused
          The increased awareness of sustainability and ESG in India
                                                              certifications can be advantageous.
          Inc will significantly impact talent hiring practices. As
          organisations align themselves with sustainable goals, they
                                                              Technical skills: Proficiency in data analysis, environmental
          will seek to attract and retain talent that shares their values  modelling, and sustainability assessment tools is valuable.
          and commitment to sustainability. Companies will place a
                                                              Knowledge of energy efficiency, waste management, water
          greater emphasis on hiring individuals who possess the skills  conservation, carbon foot printing, and renewable energy
          and knowledge to drive sustainable initiatives and navigate  systems can also be beneficial.
          the complexities of ESG regulations.
                                                              Industry knowledge: Understanding current sustainability
          Professionals with expertise in renewable energy, resource  trends, policies, and regulations is essential. Familiarity with
          efficiency, ethical supply chain management, and  social  sustainable business practices, circular economy principles,
          impact will be in high demand. Moreover, there will be a  and green technologies to demonstrate expertise.
          need for  individuals who can integrate sustainability
          principles across different functions and levels of the  Communication  skills:  Effective  verbal  and  written
          organisation, driving innovation and fostering a culture of  communication skills are crucial for collaborating with
          responsibility. The shift towards sustainable talent hiring will  diverse stakeholders, presenting ideas, and advocating for


            BANKING FINANCE |                                                           SEPTEMBER | 2023 | 51
   46   47   48   49   50   51   52   53   54   55   56