The lack of green talent and skills cited as a
major barrier for companies to achieve their net zero
goals.
MILWAUKEE, Sept. 14,
2023 /PRNewswire/ -- The demand for green jobs and
skills continues to accelerate rapidly, with 70% of employers
globally reporting they are currently recruiting or planning to
actively recruit for these roles1, according to
ManpowerGroup's (NYSE: MAN) latest Global Insights report, "The
Greening World of Work 2023 Outlook." The new research is part of
ManpowerGroup's "People First Green Transition" initiative.
"The green transition is rooted in having a skilled workforce.
That's why, ahead of Climate Week, we are calling for companies to
prioritize their people as they double down on their green goals,"
said Ruth Harper, ManpowerGroup Chief Sustainability Officer.
"Our new data reveals many roles, from logistics to fashion, will
be impacted by the greening of jobs. There is an urgent need for
employers to rethink how they hire, train, retain, and engage green
talent to gain a competitive edge. The time for action is now."
Key findings include:
- Future Job Landscape: 55% of business leaders
surveyed predict investments in green business transformation and
Environmental, Social, and Governance (ESG) will surpass technology
and other megatrends as the primary job creators in the next five
years. The transition is expected to create up to 30 million new
green jobs globally by 20302.
- Green Job Surge: Across a spectrum of industries,
there is significant interest to recruit green talent within
Manufacturing & Production (36%) and Operations & Logistics
(31%). However, this interest also extends to domains like IT &
Data (30%), Sales & Marketing (27%), Engineering (26%),
Administration & Office Support (25%), and Human Resources
(25%)3.
- Skills Gap and Innovation: Despite this wave of
demand, 94% of companies acknowledge a lack of talent needed to
meet their Environmental, Social, and Governance (ESG)
goals4. Addressing this challenge, the report
underscores the importance of substantial investments in training
and development to upskill the workforce for the green
economy.
- Consumer-Driven Shift: The report highlights that
within the last year, 49% of global consumers opted to pay a
premium for sustainable products5. Notably, it's the Gen
Z demographic that takes the lead in demonstrating a strong
preference for sustainability, with 75% of Gen Z individuals saying
when it comes to making purchases, prioritizing sustainability
outweighs brand considerations6.
- Governmental Momentum: Government incentives, such as
the European Union's €225 billion Green Deal Industrial
Plan7 and the United
States' Inflation Reduction Act providing $369 billion for clean energy8, are
galvanizing businesses to adopt net zero commitments. As a result,
the research reveals 58% of Fortune 500 CEOs have now set ambitious
net zero emissions targets, a significant increase from 36% in
20219.
ManpowerGroup will also be presenting its findings next week,
September 17-24, during Climate Week NYC. This annual event
takes place in partnership with the United Nations General Assembly
and is run in coordination with the United Nations and the
City of New York.
To view the complete report, visit: Global Insights Green
Jobs Report 2023.
ABOUT MANPOWERGROUP
ManpowerGroup® (NYSE:
MAN), the leading global workforce solutions company, helps
organizations transform in a fast-changing world of work by
sourcing, assessing, developing, and managing the talent that
enables them to win. We develop innovative solutions for hundreds
of thousands of organizations every year, providing them with
skilled talent while finding meaningful, sustainable employment for
millions of people across a wide range of industries and skills.
Our expert family of brands – Manpower, Experis, and Talent
Solutions – creates substantially more value for candidates and
clients across more than 70 countries and territories and has done
so for 75 years. We are recognized consistently for our diversity –
as a best place to work for Women, Inclusion, Equality, and
Disability, and in 2023 ManpowerGroup was named one of the World's
Most Ethical Companies for the 14th time – all confirming our
position as the brand of choice for in-demand talent.
For more information, visit www.manpowergroup.com, or
follow us on LinkedIn, X (formerly Twitter),
Facebook, and Instagram.
____________________________
1 ManpowerGroup Employment Outlook Survey Q3 2023
2 World Economic Forum
3 ManpowerGroup Employment Outlook Survey Q3 2023
4 ManpowerGroup Employment Outlook Survey, Q4 2022
5 IBM Institute for Business Value
6 Baker Retailing Center, Wharton - University of
Pennsylvania
7 European Commission
8 Inflation Reduction Act
9 Fortune
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SOURCE ManpowerGroup