Youth Incorporated Magazine

Environmental, Social, and Governance (ESG) are reshaping the corporate landscape. Between 2019 and 2023, ESG-related jobs surged by over 223%, marking a prominent shift towards sustainable business practices. roles continue to be one of the fastest-growing jobs. Moreover in the US, roles like Environmental Health Safety Manager and Sustainability Analyst are among the top 10 fastest-growing jobs and this shift is driven by global climate concerns, consumer demand for ethical operations, and more stricter government rules and regulations. 

The rising importance of ESG is attributed to the fact that it serves as a holistic framework that evaluates a company’s impact on the environment, its social responsibilities, and corporate governance. In India, companies are prioritizing sustainability in their operations that align with global environmental goals.

The government’s attention to reducing emissions and promoting renewable energy encourages ESG initiatives. Today, companies are investing heavily in sustainable practices. This is evident from the rapid increase in demand for professionals that help businesses align with ESG goals, such as reducing carbon footprints, improving waste management, and ensuring ethical labour practices. 

Career paths to explore in ESG

The ESG sector in India offers various career opportunities across industries. Some of the key roles include:

Sustainability manager: The managers are responsible for creating and managing sustainability programmes in the organizations. They ensure compliance with environmental regulations and help decrease the company’s environmental impact. 

ESG analyst: An ESG analyst evaluates companies’ sustainability efforts and prepares reports for investors who seek responsible investments. Their work helps determine a company’s long-term environmental and financial sustainability.

Governance and compliance specialist: These professionals focus on ensuring that companies comply with ESG-related regulations. Their role is crucial in helping businesses adhere to legal standards while maintaining ethical practices. 

Sustainable finance professional: Creating a sustainable future needs an “all hands on deck” approach and finance plays a critical role in it. It is one function that is instrumental in funding and bringing awareness to issues of sustainability. While there is no single formula to prepare you for a sustainable finance profession, degrees in finance, environmental science, or similar subjects provide the framework for success in the field of sustainability. 

ESG reporting and compliance specialist: A specialist ensures that organizations adhere to environmental, social, and governance standards. They prepare ESG reports, ensure regulatory compliance, manage ESG-related risks, and engage with stakeholders to enhance transparency and accountability. Currently, ESG reporting frameworks aren’t streamlined with numerous national/international frameworks. Thus, this role fills in such gaps quite urgently.

Impact investment analyst: An impact analyst, from an ESG perspective, evaluates investments for their social and environmental impact along with financial returns by conducting diligence, monitoring ESG performance, and communicating outcomes to stakeholders this role requires strong analytical skills and knowledge of ESG criteria. 

This sector attracts professionals with backgrounds in law, finance, environmental sciences, and public policy. The growth in ESG-related jobs has led to competitive salaries, with entry-level positions starting around Rs 4.5 lakh annually with experienced professionals, especially in managerial roles, earning between Rs 12-30 lakh. 

Qualification requirements and skills

Professionals entering the ESG space need to know different fields such as environmental science, economics, finance, and policy-making with increasing demand for ESG talent is leading to reskilling programmes, allowing professionals from diverse educational backgrounds to transition into this field. Key skills include sustainability reporting, quantitative analysis, and a solid understanding of financial markets. 

The ongoing process toward sustainability is prompting Indian companies to actively seek individuals equipped with these skills, particularly as ESG becomes central to both corporate strategy and investor priorities.

On the Role of Innovation in ESG

“As technology and environmental science advance, ESG roles will demand creative thinkers who can integrate innovation with sustainability practices for greater impact.”

The future scope of ESG in India

The fastest growth in ESG-related jobs reflects a broader global shift toward responsible business practices. As India continues to promote green policies, such as those encouraging renewable energy and sustainable agriculture, the demand for ESG professionals is expected to rise further. Additionally, India’s commitment to reaching net-zero emissions by 2070 will continue to fuel job creation in this space. The ESG sector presents long-term career opportunities for professionals passionate about sustainability and corporate responsibility. 

“ESG is not a passing trend; it’s the new foundation for organizations’ operations. This shift is paving the way for enduring, impactful career paths.”

The job market for ESG professionals in India is not only thriving but also evolving, offering a promising future for those seeking meaningful careers that contribute to both environmental protection and corporate success.