ESG- The Road to Future Proof Businesses
A robust Environmental, Social and Governance (ESG) program goes a long way in value creation for any organization. A statement only further reinforced since the deadly COVID-19 pandemic, when the world witnessed horrific societal, health and economic repercussions of the pandemic and monumental levels of supply chain disruption. Global perceptions changed. Creating sustainable businesses is on the agenda of all board room conversations. It is now evident that ESG compliance is vital for assessing a company’s overall performance, financial health, and ensuring continued success in the long run. Business owners and board members have taken notice of this prominent shift in paradigm and realize, that business is no longer just about profitability or financials, rather it is about being a “socially responsible” entity.
Regulators are tightening ESG norms, and reporting requirements are likely to be more stringent. Recently in India, SEBI issued a circular on “Business Reporting and Sustainability Reporting (BRSR) by Listed Entities”. BRSR has been made mandatory for the top 1,000 listed companies from FY 2022-23. Investment in ESG has seen a sharp rise in recent times. Only those organizations who proactively implement sustainable business principles and have high standards of ethics in their DNA will attract investors. Employees prefer employers who are pro-social and are champions of sustainability. And customers are increasingly more approving of businesses who are environment friendly. Clearly ESG is the need of the hour!
How we can help
Going forward we know that ESG must be intrinsic to all businesses. Every organization will need a remarkable transformation to embark on this ESG journey, and early adoption of sustainability measures is the way to stay ahead of the curve. CxSearch Global Partners can collaborate with you, so you are equipped with quality manpower, capable of charting the ESG path in alignment with your business.
- Talent Strategy
ESG is still evolving, and the trajectory is not clearly defined yet. It is critical for any organization to have visionary leaders at the helm, who are prepared to take ownership of ESG and sustainability matters, have an open mind, and lead from the front.
We at CxSearch Global Partners will plan, strategize, and partner with you to help with structuring your ESG team. We will find top-grade individuals who can be dependable as upper management leaders for the ESG investment team, and ESG analysis team in YOUR organization. They will be domain experts, have passion to adopt system changes, can take smart decisions and translate Mission-ESG challenges into opportunities.
CxSearch Global Partners has a well-refined and systematic approach towards executive search. Our team of dedicated consultants have rich experience in identifying accomplished individuals in executive positions across various industries and functional areas, and we have built precious professional networks over the years. Our proprietary search methodology helps us spot the finest talent, who will fit into the role and prove to be driven and insightful ESG leaders for YOUR organization.
- Industry-Specific Hiring
The “one-size-fits-all” premise will not work for the ESG landscape. Environmental parameters, Social responsibility and Governance needs, or other sustainability criteria could vary greatly between industries.
Our consultants at CxSearch Global Partners bring the requisite expertise for the functional requirements in their respective focus areas/industries. We have successfully appointed highly competent individuals in diverse industries and functions.
We will discuss and brainstorm with you to understand ESG needs relevant to your business. Our cross-industry, multi-function exposure, and access to talented individuals from varied background are valuable resources for us to identify top quality motivated leaders, who have deep knowledge of your business processes and can lead the ESG group in YOUR organization.
- Talent Acquisition - Risk Management, Analytics & Data Science
ESG is not just about planning and commitments; it is about converting plans to deliverables. It is also about recognizing shifts in priorities, mitigating risks, allocating resources, solving problems, and presenting ESG/sustainability reports. These reports are hinged upon a combination of material and non-material variables, which often means managing large-scale complex data. Scoring agencies evaluate these reports to rate organizations and award ESG scores.
It is presumed that cutting edge technology and AI will be the tools which can help generate strong ESG-data capabilities within any organization. With the lack of uniform reporting frameworks, decisive, forward-thinking leadership is essential for empowering staff to use technology as the building blocks for ESG-data management. CxSearch Global Partners has a team solely dedicated to executive talent search for Analytics, Data, Artificial Intelligence (AI) and Data Science. Our consultants have demonstrated prowess in executive talent acquisition in this space, with numerous successful hirings across several industries.
They can leverage their expertise and team up with you to ensure that you have the best executive technocrats on board who have proven ability and skills to lead teams using AI and Data Sciences for generating, validating, and analyzing reliable data. Leaders, who will ascertain authentic data management for your organization, and steer YOUR organization into reporting ESG-data which complies with the requirements of regulators, and investors alike.
ESG related action or investment in ESG comes with different degrees of risks, financial, material or even reputational. If these risks are not managed with caution and in a timely manner, they might have adverse impacts on the sustainability goals of a company. It is imperative that identifying, and mitigating ESG risks, and implementing control measures require proper understanding and due diligence.
A pragmatic risk management leader who can make tough choices during crisis, and at the same time has a commercial acumen can play a key role in preventing things from going wrong. The Risk Management and GRC team of CxSearch Global Partners has been a front-runner in strategic hiring of risk management executives across various industries. Our knowledge and understanding of risk management will help us comprehend the ESG related vulnerabilities of YOUR business. We will strategize with you to bring a risk management leader onboard, who has the skills to navigate through critical situations, and can ensure that YOUR organization is safeguarded against ESG-risks.
CxSearch Global Partners is synonymous with trust, Integrity, and hard work. Our clients are supremely important to us. We understand their executive staffing requirements and work closely together to hire the best talent for them. We communicate at every stage of the recruitment process, from start to finish and are open to suggestion and feedback. We take immense joy in our work and will take complete ownership of any ESG recruitment assignment till it comes to fruition.
