LinkedIn’s Global Green Skills Report 2023 – Share of green talent in the workforce rose by a median of 12.3% while the share of job postings requiring at least one green skill grew twice as quickly

The Global Green Skills Report 2023 identifies trends at the intersection of the workforce and sustainability, based on the activity of more than 930 million LinkedIn users worldwide. This report includes critical questions that policymakers, business leaders, and others might explore as they seek to develop regulations, programs, and policies that foster green skills development and create pathways for workers to transition into jobs that help green the planet.

This report delves into three sectors that are especially pivotal to meeting sustainability targets:

• Energy production
• Transportation
• Finance

Key findings

• Around the world, only one in eight workers has one or more green skills. Put another way, seven in eight workers lack even a single green skill.
• Between 2022 and 2023, the share of green talent in the workforce rose by a median of 12.3% while the share of job postings requiring at least one green skill grew twice as quickly — by a median of 22.4%.
• The five-year annualized growth rate between 2018 and 2023 reveals a similar trend. The share of green talent grew by 5.4% per year over that period, while the share of jobs requiring at least one green skill grew by 9.2%.
  Even as overall hiring slowed over the past year, green hiring bucked that trend. While overall hiring slowed globally between February 2022 and February 2023, job postings requiring at least one green skill have grown by a median of 15.2% over the same period.
• The median LinkedIn hiring rate4 for workers with at least one green skill is 29% higher than the workforce average.
  From 2015 to 2023, employment in the renewable energy industry grew in every country we studied. For every 100 workers who left the global renewable energy sector, 120 workers joined.
• The transition to a greener economy is driving green skills growth across all industries, including the most carbon-intensive. For example, the green talent concentration in the oil and gas industry has steadily increased since 2016, reaching 21% in 2023.

Chosen excerpts by Job Market Monitor. Read the whole story @ Global Green Skills Report 2023 | LinkedIn