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
Market-based schemes not reducing deforestation, poverty: report
South-east Asia ESG bonds issuance up 27.4% in Q1 2024 to US$5.1 billion
HSBC asked by US$890 billion investor group to set energy goal
Barclays is the latest firm to face anti-ESG wrath in Oklahoma
EU, ISSB agree on minimising overlaps in company climate disclosures
Emerging markets have greatest transition needs, offer most investment opportunity