“There’s a massive supply-demand gap that’s opening up, and it’s being felt in everything from the lack of chemical engineers in battery companies to the shortfall of ESG analysts in financial services,” says Swapna Gupta, Partner at Terra.do, a climate learning platform.
The founder of Terra.do, Anshuman Bapna, says that jobs that require green skills are growing 8% annually, while people with those skills are only growing at 6%.
Sachin Alug, CEO of NLB Services, says, “In the last 3 years, India has witnessed unprecedented growth in demand for green jobs. As organisations are working toward becoming more ESG compliant, demand for niche roles like ESG analysts, social impact managers and sustainability managers has grown in the last 2 years. We expect the demand for the top 5 green jobs to increase 15-20% on average every year for the next 10 years. To help corporates address this high demand, we are building talent pipelines while deploying the right candidates for the forecasted market demand.”
Following are the key emerging green roles and the corresponding skills:
This is also being made possible with more investments in the sector. Jinesh Shah, Managing Partner, Omnivore, says, “When we work with agritech startups addressing climate challenges, we focus on two fundamental questions — are they mitigating climate risks, and are they building resilience in our food system to manage the impact of climate change? Today, climate action is an integral part of almost every agritech innovation. This is further supported by growing investments in startups working closer to the farms.”
Anup Jain, Managing Partner at Orios Venture Partners, says they have invested in companies such as battery swapping firm batterySmart and VARAHA, a company that collaborates with farmers to promote sustainable agriculture practices, leading to the generation of carbon credits that can be sold. “By promoting and supporting these green careers through our investments, we play a significant and crucial role in fostering the growth of environmentally friendly occupations,” he says.Co-founder and Director of Blacksoil Capital Ankur Bansal says businesses now require specialised professionals to facilitate the adoption of sustainable practices in their strategies, operations and supply chains. “At Blacksoil, we have established a dedicated environmental, social and governance (ESG) team. The team spearheads ESG initiatives at both the organisational and portfolio levels, resulting in significant progress and positive outcomes,” he adds.