Shortage of Renewable Energy Talent: How to Attract, Build and Retain Talents in this Competitive Landscape?

Shortage of Renewable Energy Talent: How to Attract, Build and Retain Talents in this Competitive Landscape?

careers-in-renewable-energy
Is there a shortage of Renewable Energy Talent? According to the International Renewable Energy Agency (IRENA)’s World Energy Transitions Outlook 2023, a whopping 12.7 million renewable energy jobs were filled in 2022 alone. Looking ahead, predictions indicate an even greater demand, with an estimated 30 million renewable energy jobs needed by 2030 and a staggering 39 million by 2050 in order to meet the 1.5 °C target. While this underscores a positive shift towards addressing climate change, it also signals an impending to a talent war as companies chase top profiles in the field. The competition for renewable energy experts is not only local but also global and requires organization to adopt recruitment strategies to attract and retain talent.

What skills are sought after in the renewable energy sector?

McKinsey’s 2022 study highlights the looming scarcity of specialized talent in the renewable energy industry, both in blue- and white-collar roles.

Over the next decade, the industry will require :
1- An additional 1.1 million blue-collar workers for construction and operation, including construction laborers, electricians, and operating engineers.
2- 1.3 million white-collar workers will be needed for project development, management, finance, and legal roles.

The demand for experienced professionals with over six years of experience and expertise is expected to outstrip supply, making talent retention critical.

How to attract, build and retain Renewable Energy talents?

The biggest challenge lies in attracting and retaining experienced professionals. In some organizations., the the lack of career advancement opportunities, compensation limitations, and cultural mismatches are at the source of employees’ high turnover.  Companies are reevaluating their HR and recruitment strategies to address this challenge. Below are a few strategies to attract, build and retain Renewable Energy talents:

1. Increase Employee’s Compensations and Benefits:  As the demand for skilled professionals continues to outstrip supply, companies have responded by increasing salaries to remain competitive in the market. This trend is expected to persist, with salaries projected to continue rising in the coming years. In this sector, salary ranges can vary significantly depending on factors such as geographic location, individual job roles, and company types. While average salaries may be comparable across different companies, there are differences in the ranges offered. Utilities, for example, may offer lower salaries for top positions compared to other industry players such as oil and gas majors, investment platforms, or financial firms, which have greater flexibility to provide higher compensation packages.
In addition to base salaries, employee incentives such as bonuses, stock options and long-term incentive programs play a crucial role in attracting and retaining ambitious and high performers professionals. These incentives not only offer financial rewards but also provide employees with a stake in the company’s success, aligning their interests with organizational goals.

2. Building a Strong Brand: Establishing a visible brand presence is crucial for attracting talent. Companies need to ensure that their reputation and commitment to sustainability are well-known within the industry and beyond.

3. Clear Career Paths: Offering clear career development paths is a key strategy for retaining employees. When professionals can envision a future within the organization, they are more likely to stay and contribute to its success.
Additionnally, enhancing decision-making processes and fostering collaboration styles will mitigate employee frustration, enhance talent retention, and cultivate motivation and engagement toward achieving organizational objectives.

4. Strategic Acquisitions: In a talent-starved industry, companies are increasingly turning to acquisitions as a means of acquiring top talent. While costly, acquiring companies for their skilled workforce can be an effective solution to talent shortages.

5. Early Recruitment Initiatives: Recognizing the growing talent scarcity, companies are launching recruitment initiatives targeting universities and vocational schools to identify and secure high-potential talent early in their careers. Regional and local recruiting programs facilitate the transition and transfer of competencies of relocated employees while ensuring a steady supply of local talent.

6. Structured Training Programs: To address the shortage of technicians and blue-collar workers, companies are investing in training programs focused on long-term career development. Offering clear pathways for advancement, will help employers attract and retain skilled workers needed for the construction and maintenance of renewable energy projects.


​By adopting these levers companies show a proactive strategy to mitigate the talent scarcity in the renewable energy sector. At EnableGreen, we have years of experience in the industry. With our deep understanding of the renewable energy job market, and our personalised direct and confidential approach, we are uniquely positioned to help organizations identify, attract and retain renewable energy talents.

​Author: Hayatte Loukili

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Who we are and What we do

We are an exclusive Sustainability and ESG Executive Search and Recruitment Agency, offering both permanent and temporary contracts recruitment solutions, across all sectors. We assist employers find their next great hire in ESG and Sustainability Integration/ Green Energy & CleanTech/ Responsible Investment, Sustainable Finance & Impact Investing.

The Paris Agreement at COP21 identified capacity building as a core challenge our governments, institutions, organisations and civil society need to overcome to build a sustainable world.
Companies need to build business strategies and develop activities to keep growing and create value for their shareholders without exhausting resources or harming future generations. Therefore, engaging in building a decarbonised and equitable economy is at the core of their mission and success in the long term. Their ability to build resilience of human and ecological systems will enable them to navigate this ever-evolving world.
As a recruitment agency, we truly believe, we have a substantial part to play in equipping those thriving businesses with the best candidates to conquer those challenges.
Our purpose is to support businesses in their sustainability journey by connecting them with the best talents in the ESG and Sustainability job market.
We focus to provide tailored solutions to our clients’ needs and enhance candidates’s experience in finding their ideal jobs.

Qualifications and Education: Building Expertise in the Field

In terms of qualifications, academic programs and certifications in sustainability and ESG management have gained prominence. Universities and professional organisations offer courses and certifications that equip individuals with the necessary knowledge and skills to excel in the field. Additionally, relevant degrees in environmental science, sustainability, business administration, and finance are highly valued by employers.
The ESG and sustainability job market is experiencing significant growth and offers diverse opportunities for professionals. Dedicated roles, as well as the integration of ESG knowledge into traditional job functions, highlight the increasing importance of sustainability in business strategies. Specialized skills, regulatory expertise, and industry knowledge are highly sought after.
​As companies strive to embed ESG practices into their operations, professionals with ESG expertise will continue to play a crucial role in driving positive change and shaping a sustainable future.

Diverse Opportunities: ESG and Sustainability Across Industries

The ESG and sustainability job market is not limited to specific industries. While sectors such as renewable energy, cleantech, and sustainable finance have a well-established presence, organisations across diverse industries are recognizing the need to prioritize ESG and sustainability practices. From manufacturing and retail to technology and healthcare, professionals with ESG expertise are sought after to drive sustainability initiatives and help companies future-proof their operations.

Navigating the Regulatory Landscape: Compliance and Governance Expertise

The increasing regulatory focus on ESG factors has led to a rise in demand for professionals who can navigate the evolving compliance landscape. Knowledge of relevant regulations and frameworks, such as the Task Force on Climate-related Financial Disclosures (TCFD) and the United Nations Sustainable Development Goals (SDGs), is highly valued. This includes expertise in managing ESG risks, conducting audits and assessments, and implementing sustainable governance structures.

Specialised Skills and Knowledge: Key Areas in High Demand

The ESG and sustainability job market also offers opportunities for specialised skills and knowledge. Professionals with expertise in renewable energy, circular economy, sustainable supply chain management, impact investing, and environmental conservation are in high demand. Additionally, individuals with experience in sustainability reporting frameworks, such as the Global Reporting Initiative (GRI) or Sustainability Accounting Standards Board (SASB), are sought after to ensure transparent and standardized reporting.

ESG Expertise in Traditional Job Roles: The Integration of Sustainability Principles

Another emerging trend is the growing importance of ESG expertise in traditional job roles. Professionals in finance, legal, marketing, operations, and human resources are increasingly expected to have a solid understanding of ESG principles and their implications for their respective fields. For example, financial analysts need to assess the financial risks and opportunities associated with ESG factors, while marketing professionals must effectively communicate a company’s sustainability initiatives to consumers.

Dedicated ESG and Sustainability Roles: A Shift Towards Holistic Approaches

One significant trend in the job market is the rise in dedicated ESG and sustainability roles. Previously, these responsibilities were often dispersed across different departments, such as corporate social responsibility, environmental management, or investor relations. However, as companies recognize the need for a holistic approach, they are creating specialised positions such as ESG managers, ESG analysts, and corporate sustainability officers. These roles focus on integrating ESG considerations into business strategies, measuring and reporting on sustainability performance, and engaging with stakeholders.

ESG and Sustainability Job Market Trends

The ESG (Environmental, Social, and Governance) and sustainability integration job market has experienced significant growth and transformation in recent years. As companies worldwide recognize the importance of incorporating ESG principles into their operations, the demand for professionals with expertise in this field has surged. This article will explore the evolving landscape of the ESG and sustainability job market, highlighting key trends and opportunities.
The integration of ESG and sustainability practices into business strategies has become a top priority for organisations across industries. This shift is driven by various factors, including the increasing awareness of climate change, social justice issues, and corporate governance standards. As a result, companies are actively seeking professionals who can navigate the complexities of ESG and sustainability and drive positive change within their organizations.
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