Banks and asset managers in ESG hiring spree as investor demand grows

Number of senior ESG roles in financial services jumps 50% in a year

Pedro Gonçalves
clock • 3 min read
Jump in ESG roles linked to increased pressure on financial institutions to provide more ESG-related investment
Image:

Jump in ESG roles linked to increased pressure on financial institutions to provide more ESG-related investment

The number of senior level jobs in UK financial services businesses has jumped 50% from 460 to 690 in the past year, according to new research.

The number of junior ESG roles created in the financial services sector in the past year also increased, rising 60% from 118 new jobs created two years ago to 196 in the last 12 months, research from New Street Consulting Group showed. The jump in ESG roles is a response to increased regulatory, customer and investor pressure on financial institutions to provide more ESG-related investment products and integrate ESG into their broader decision-making. Strictly boardroom: Engagement in action as ESG demand accelerates Deutsche Bank for example is looking to hire a "sizeable team in ...

To continue reading this article...

Join Investment Week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on ESG

Kimberley Lewis, head of active ownership at Schroders
ESG

Schroders: Why we are against Sainsbury's becoming Living Wage-accredited

AGM on 7 July

Kimberley Lewis
clock 27 June 2022 • 4 min read
The worst contender dropped 166%, with its flows going from net positive to net negative
ESG

Morningstar figures reveal drop in recently ESG rebranded funds flows

Worst fund saw 166% drop

Kathleen Gallagher
clock 24 June 2022 • 5 min read
The UK Infrastructure Bank just surpassed its one year anniversary
ESG

UK Infrastructure Bank to move away from investing through fund managers - reports

Chief executive has come under pressure

Elliot Gulliver-Needham
clock 23 June 2022 • 2 min read
Trustpilot