New ManpowerGroup report reveals 70% of
employers are recruiting green talent
MILWAUKEE, Jan. 18,
2024 /PRNewswire/ -- The accelerating pace of the
global green transition is intensifying the competition for talent,
according to new research from ManpowerGroup (NYSE: MAN).
"Building Competitive Advantage with A People-First Green Business
Transformation," reveals demand for green skills significantly
outstripping supply as employers work to recruit and retain
qualified talent critical to achieving ambitious sustainability
targets.
Based on surveys of nearly 39,000 employers and over 5,000
workers worldwide, the findings spotlight an unprecedented
convergence of talent scarcity, climate urgency, and technological
disruption hindering sustainability progress. With 2023 now the
hottest year ever recorded, this report underscores the urgency for
organizations to deliver on their environmental goals and
commitments.
"As companies accelerate their sustainability efforts, it's
critical we bring people along on the journey," said Riccardo Barberis, President, ManpowerGroup
Northern Europe Region. "Investments in green technology will only
get us halfway if employers fail to properly skill and reskill
workers to operate in a greener future. Prioritizing workforce
development must be a core pillar of net-zero strategies."
Key findings:
- Unprecedented Demand: 70% of employers are urgently
recruiting or planning to recruit green talent and people with
sustainability skills, with the highest demand in renewable energy,
manufacturing, operations, and IT.
- Widening Global Skills Gap: Despite demand, only 1 in 8
workers currently have more than one green skill, sparking an
exponential shortage as companies compete for limited talent.
- High Industry Demand: Energy & Utilities (81%),
Information Technology (77%), Financials & Real Estate (75%),
Industrials & Materials (74%), and Transport, Logistics &
Automotive (73%) top the leaderboard with the highest intentions to
hire green talent to meet sustainability targets.
- Roadblocks Slowing Progress: Talent leaders cited
finding qualified candidates (44%), creating effective reskilling
programs (39%), and identifying transferable skills (36%) as the
top barriers to execute green transitions.
- Workforce Skepticism: While 70% of white-collar workers
say they are ready to embrace the green transition, only 57% of
their blue-collar peers say the same.
- Gen Z Calls for Accountability: Three-quarters (75%) of
Gen Z candidates research a prospective employer's green reputation
and nearly half (46%) say it will impact their likelihood of
choosing a particular employer.
- Generational Divide: 66% of Gen Z and 64% of Millennials
believe sustainability efforts will enhance their work, compared to
just 44% of Baby Boomers.
Given these results, creating a roadmap for workers to
transition into high-demand green roles remains a pressing
priority.
For more details on the green jobs landscape, workforce
readiness perceptions, and recommendations for planning for the
greening world of work, download the complete report here.
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 more than 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.
Cautionary Statement Regarding Forward-Looking
Statements
This press release, and the related report
"Building Competitive Advantage with A People-First Green Business
Transformation", contain forward-looking statements, including
statements regarding the impact of the green transition, the
limited availability of labor that has green skills, and the impact
of such shortages. Actual events or results may differ materially
from those contained in the forward-looking statements due to
risks, uncertainties and assumptions. These factors include those
found in the Company's reports filed with the SEC, including the
information under the heading "Risk Factors" in its Annual Report
on Form 10-K for the year ended December 31,
2022, which information is incorporated herein by reference.
ManpowerGroup disclaims any obligation to update any
forward-looking or other statements in this release, except as
required by law.
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SOURCE ManpowerGroup