Our study on Sustainable Finance job Profiles brings three major conclusions.
First, training in sustainable finance must be professionalized and massively disseminated, under the mandate of those responsible for human resources. To this day, they have no mandate to lead the sustainable transformation of the finance professions and do not have access to the necessary information, because the expertise of sustainable finance is not indicated in the business repositories. This leads to a lack of consideration and training, disconnected from the environmental and social strategies of financial institutions.
Second, this training effort must bring out senior finance sustainable and able to steer the strategic development of institutions in the sector. In addition, there is a growing need for senior profiles in sustainable finance, but it is a struggle to find trained and qualified candidates who can lead the massive transformation of businesses, with the necessary legitimacy to assume an impact on long-term strategies and jobs.
Finally, this dynamic must serve to attract and recruit young graduates progress at the heart of the sustainable finance ecosystem. Young talents are more and more sensitive to environmental and social issues, and keen to work in organizations that meet their values.
To provide solutions and promote their dissemination, the study highlights promising good practices, such as:
The establishment of related incentives ESG objectives, collective training programs, mobilization of members of the Executive Committees, creation of “transverse cells” of transformation…
The study is completed by a questionnaire, in order to help us establish a “Sustainable Finance Job Profile”: the goal was to identify the activities of sustainable finance, to express the needs for education, and to build a coherent vision of the integration of sustainable finance into the mainstream financial sector.
The study is completed by a questionnaire that received 120 responses, in order to help us establish a “Sustainable Finance Job Profile”: the goal was to identify the activities of sustainable finance, to express the needs for education, and to build a coherent vision of the integration of sustainable finance into the mainstream financial sector.
– A strong 1/3 of respondents consider that 100% of their activity is dedicated to SDGs!
– The professional titles are not very transparent, nor very rationalized: head of sustainable finance, sustainable investment director, impact director, esg/sustainability analyst…
– Hard to compare or to understand by themselves.
– The activity most performed is ESG Data Analysis (even Managing Director claim it is part of their job).
– The people “most engaged” (100% SDGs) do not perform the activities of products distribution of projects structuration: those are two issues to develop sustainable finance!
– Finally, only 1/3 of respondents claimed to have followed a formation in sustainable finance and a strong part of respondents are expressing the need to disseminate and professionalize the formation in sustainable finance. Which is a good call to action!