05. Analysis of the job market
Conducting an analysis of job roles including Data and Analytics and variations of these terms with the skill set sustainability (ESG is not a term available) amongst the LinkedIn community shows that the number of professionals listing this job title and skill set has risen by 15% in the last 12 months.
Hot spot locations globally include London and New York as the top locations for this talent. Followed by growth areas of Greater Sao Paulo and San Francisco Bay which have all grown between 10-12%. The most job postings were found in London, New York and Washington DC. Not surprisingly hiring demand is indicated as very high. The UK has mostly gained talent from the Netherlands and Paris and moves between Edinburgh and London were evenly split. New York mainly gained talent from Washington DC followed by San Francisco.
Gender splits with this skill set is markedly more balanced than data analyst roles not listing this skill set. In London 46% of the professionals listed identified as female and 54% as male, in New York 49% female to 51% male and in Washington the female to male ratio tipped in favour of females with 52% to 48% males.
Consultancies such as Deloitte were showing the highest growth number of professionals, having increased their workforce by 59% in this area over the last 12 months. Bloomberg have also been on a hiring drive, increasing their talent in this area by 91%. Kimley Horn, planning and design engineering consultants, have increased their sustainability data professionals by 93% in the last 12 months.
Analysts are by far the most prolific job titles, followed by data analysts but a growing number of data scientists are also being employed in this area and Senior Data Engineers grew by 84% in the last 12 months.
To back up the information above around financial services, the data shows that this sector grew its data teams (with sustainability as a skill) by 29% and computer software as an industry by 31%.
Looking at employer value propositions for this kind of talent, not surprisingly “good work life balance” and “a company with a purposeful mission” rank as the top two (63% and 51% respectively). “Colleagues and culture that inspire employees to do their best” ranked 3rd and “challenging work” came next. All of these ranked above “excellent compensation and benefits” which ranked 5th. “Inclusivity” ranked 6th. This snapshot of motivators for employees differs slightly when the skillset sustainability is taken out. “A company with a purposeful mission” ranks 10th when the skillset sustainability is removed. With “excellent compensation and benefits” ranking 2nd. “Inclusive workplace” ranked 14th so individuals working in data within the sustainability sector have very different views on what an employer must demonstrate in order to attract them.
In terms of where talent is flowing to and from. Managing consultancies are hiring mainly from higher education followed by IT and Services. Financial services are generally gaining talent from the IT and Services sector.
With regards to skills sets amongst this cohort, Python ranks highest at 29% followed by SQL and R. The fastest growing skill set is Power BI, Data Analytics and Agile Methodologies. My SQL also ranked with around 40% growth in the last 12 months.
In the UK, salaries for ESG analysts sit at an average of £53k, however on further investigation into ESG Analyst roles they can range right up into the high £100k’s so as always experience will help command higher salaries. In the United States Glassdoor cites the average ESG Data Analyst salary as $73,824 with a typical range of $65k-$91,390