Green guru or strategic savant: Singapore companies make tough choices in CSO hires
Only half of largest listed companies’ green generals came from previous sustainability roles, with many preferring operations and strategy experience
SINGAPORE’S largest listed companies appear split on the most important requirements for a chief sustainability officer (CSO), with only half of their appointees holding green-related jobs when they were hired, according to an analysis by The Business Times.
In the absence of sustainability-related expertise, companies are hiring candidates with strong operational or strategic backgrounds – reflecting the challenges of finding ideal candidates for a multi-faceted role.
As at Mar 22, 26 of the 50 largest primary-listed companies by market capitalisation on the Singapore Exchange had the equivalent of a CSO. Two of those companies had two sustainability leads each, resulting in 28 CSOs.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
ESG
Asia’s killer April heatwave was made much worse by climate change
Temasek-backed Climate Impact X to launch market intelligence service
With right incentives, Asia’s energy transition needs could be met by private markets
OCBC goes green with trees, tech and tie-ups
Blended finance deal value hits 5-year high of US$15 billion in 2023
Are floating cities the solution to rising seas?