2023 ESG and Responsible Investment Salary Guide

There has been a significant lift in demand for Environmental, Social and Governance (ESG) Investment professionals across our clients in Funds Management, Superannuation, Asset Consulting and Wealth Management over the last few years. The rise of awareness in society across ESG issues is having a broad impact and is permeating through to the corporate and investment world. This trend has been accelerating and has forced businesses to consider the impacts of their investment decisions.

Regulatory changes and the increase in fines from governing bodies such as ASIC means it is more important than ever to mitigate the risks of greenwashing. Traditionally lean ESG/Responsible Investment teams have been growing as demand increases and previously outsourced duties are shifting in-house. ESG roles can vary greatly in scope and depth depending on a number of factors. In some businesses this has taken on the form of teams solely dedicated to ESG research, while others have taken a broader stance that ESG issues should be a consideration for all employees.

Kaizen predicts that 2023 will continue to be a candidate short market with relevant and qualified skill sets for ESG continuing to be in high demand. Organisations are seeking unique and nuanced talent dependent on current team structures, in-house capability and yearly goals both for investment and otherwise.

For candidates who are looking to step into new positions, Kaizen Recruitment is best placed as an agency that can help to match you to the right employer. There are opportunities to engage with employers across all ESG verticals with the right salaries, benefits and perks that suit what you’re looking for.

To gain an insight into the current remuneration levels of ESG professionals, including average salaries, bonus potential, market trends and typical roles, download the full salary guide below.