https://banners.asiaxpat.com/ads/esg.png
Hong Kong is open to the rest of the world, and how? The SAR recently announced that it is looking to attract top talent from Mainland China and across the world with exciting new visa regulations. That being said, in recent times, businesses and governments across the globe have realized the importance of environmental, social, and governance (ESG) issues. Hong Kong, in particular, has taken significant steps towards promoting ESG values, with the government and private sector investing in sustainable practices and policies.
Curious to learn more? Then let’s delve into the subject In this article written by our friends at Pacific Prime Hong Kong.
Hong Kong is now set to pay more to attract the best talent to ESG jobs. According to a recent South China Morning Post report, some Hong Kong-based companies are willing to pay up to 30% more in salary to hire professionals with expertise in ESG.
Why ESG and why now?
Hong Kong’s move to pay more for ESG jobs reflects the growing recognition of the value of ESG knowledge and skills in the business world. Companies that prioritize ESG values are more likely to enjoy long-term success and positive social impact, making it essential to have talented and experienced professionals driving these initiatives forward.
The demand for professionals with expertise in sustainability has particularly seen a significant increase as businesses seek to reduce their environmental footprint and comply with increasing regulations on carbon emissions and waste reduction. Hong Kong's position as a global financial hub also means that there is a need for ESG experts who can navigate complex regulations and frameworks in different jurisdictions.
To meet this demand, Hong Kong has invested heavily in ESG education and training, with universities and business schools offering courses and certifications in sustainability and ESG issues. The government has also launched a number of initiatives aimed at promoting sustainable practices and fostering ESG-focused industries.
The ESG advantage
By offering higher salaries for ESG jobs, Hong Kong is taking a proactive approach to attracting top talent to the city and positioning itself as a leader in the global push towards sustainable business practices. This move will likely benefit both companies and individuals, as ESG professionals earn higher salaries while helping to drive positive change within their organizations.
Moreover, by prioritizing ESG values and investing in ESG education and training, Hong Kong is positioning itself as a leader in sustainable business practices and driving positive change in the global business community.
About Pacific Prime Hong Kong
With over 20 years of experience in the insurance industry, Pacific Prime has helped multinational corporate organizations, expats, and locals secure comprehensive health insurance plans. Whatever your insurance requirement may be, our insurance experts can help you find a plan that meets both your requirements and budget.