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
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
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.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
South-east Asian markets account for 8.8% of global capital inflows from 2021 to 2024: report
