Source | economictimes.indiatimes.com | Brinda Sarkar | Sreeradha Basu
With Prime Minister Narendra Modi pledging that the country will reach net-zero emissions by 2070, a regulatory push and a voluntary resolve towards governance and social responsibility, organisations are looking to hire senior talent to drive their environmental, social and governance (ESG) agenda.
Companies across the mining, consulting, paper pulp, electric vehicles, cement, FMCG and financial sectors, among others, want leaders to manage their ESG initiatives through cleaner and greener processes and improved transparency in reporting, and to develop a long-term sustainability roadmap, said executive search firms Korn Ferry, Transearch, and Claricent Partners, which are seeing a two to three times increase in mandates.
Compensation for CXO-level executives for ESG roles varies from Rs 2 crore to Rs 4 crore and more, depending on the size of the organisation. Expat talent commands a higher premium.