JOBS
Payment industry ESG hiring boom in Asia Pac
Asia-Pacific was the fastest growing region for Environmental, Social, and Governance (ESG) hiring among payment industry companies in the three months ending August, writes Patrick Scott
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he number of roles in Asia-Pacific made up 34.7% of total ESG jobs – up from 26.5%in the previous three months.
ESG hiring is on the rise in Asia Pacific, according to exclusive GlobalData research. ESG hiring is also on the rise in Europe, with ESG hiring up by 0.8 percentage point for the three months to end August.
The number of newly advertised roles stood at 14,859 in the first quarter of 2021. That’s up from 9,066 in the fourth quarter of 2020 and 8,679 in the third quarter of 2020.
The figures are compiled by GlobalData, who track the number of new job postings from key companies in various sectors over time. Using textual analysis, these job advertisements are then classified thematically.
GlobalData's thematic approach to sector activity seeks to group key company information by topic to see which companies are best placed to weather the disruptions coming to their industries.
These key themes, which include environmental, social, and governance, are chosen to cover "any issue that keeps a CEO awake at night".
By tracking them across job advertisements it allows us to see which companies are leading the way on specific issues and which are dragging their heels - and importantly where the market is expanding and contracting.
Which countries are seeing the most growth for ESG roles in cards & payments?
The fastest growing country was India, which saw 13.7 per cent of all ESG job adverts in the three months ending May, increasing to 20.8 per cent in the three months ending August.
The top country for ESG roles in the payment industry is the United States which saw 36.8 per cent of all roles in the three months ending August.
Which cities are the biggest hubs for ESG workers in cards & payments?
Some 6.6 per cent of all payment industry ESG roles were advertised in Chennai (India) in the three months ending August - more than any other city.
That was followed by Singapore (Singapore) with 6.6 per cent, York (United States) with 3.6 per cent, and Toronto (Canada) with 3.5 per cent.