Businesses aren't doing enough to address green skills shortages - report

January 17, 2024 EcoVadis EN


The report, which includes a survey of 1,000 business leaders, looks at nine countries, including the United States, China, Britain and Spain, focusing on the energy, technology, infrastructure, transport and logistics sectors.

It defines green skills as "the knowledge, competencies, values and attributes needed to develop and support a sustainable, low-carbon and resource-efficient society", be it via technical skills, such as installing solar panels, or broader practices like corporate sustainability reporting.

While a vast majority of business leaders surveyed see skills as the main driver of the green transition, only 55% of them have put in place, or plan to, programmes for their workers to get these skills.

"This leaves a large fraction of the workforce without crucial skills training, which risks obstructing progress in the green transition," said the report.

Overall, 62% of respondents expect such bottlenecks to delay the transition, and many respondents want governments to pitch in with grants or tax relief for companies investing in green skill programmes, as well as funding for educational courses.


Read the full article at: finance.yahoo.com

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EcoVadis EN

EcoVadis is a purpose-driven company whose mission is to provide the world's most trusted business sustainability ratings. Businesses of all sizes rely on EcoVadis’ expert intelligence and evidence-based ratings to manage risk and compliance, drive decarbonization, and improve the sustainability performance of their business and value chain. Its AI-powered risk mapping, actionable scorecards, benchmarks, carbon action tools, and insights guide a resilience and improvement journey for environmental, social and ethical practices across 200 industry categories and 175 countries.

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