From global pronouncements to contemporary business issues, sustainability has taken centre stage. The emergence of the Sustainable Development Goals(SDGs) from the stable of the United Nations (UN) seem to have sparked off a consciousness which seem to have yielded more result in the corporate world than among governments. While SDGs and indeed sustainability have become talking points in government conferences and policy documents, sustainability has become a critical boardroom topic. From fund providers, suppliers, from employees to executive board members, sustainability has become everybody’s business in the corporate environment globally.
Today ESG – Environmental Social and Governance has become an all-important index that cannot be missing in any Due Diligence engagement by fund providers. Sustainability therefore has, to a large extent, diminished the arguments about whether or not companies should pay attention to Corporate Social Responsibility (CSR). Sustainability has therefore emerged as a super structure revalidating Corporate Social Responsibility and social accountability by corporate entities. Surprisingly, sustainability is gaining acceptance, with higher buying and compliance among corporates from different parts of the world. Unlike like the case of CSR, rather than argue, corporate entities are constantly seeking for ways to increase compliance with sustainability statutes and guidelines.
While the subject area of sustainability is still considered virgin, a few professionals who land as the early birds are smiling to the bank. From sustainability reporting to social audit, from Environmental, Health and Safety (EHS) to sustainable sourcing, the corporate world is constantly seeking for professionals with the requisite technical know-how to steer their sustainability ship. From Accountants to Engineers, from Lawyers to Medical Doctors, from Economists to Bankers, even from medium skilled professionals and tradesmen, there is a quiet but continuous transition from regular jobs to sustainability and allied roles, even as the social sector is becoming increasingly relevant and attractive. Young professionals desirous of a career in sustainability seem to have the same question for their mentors, “How much do sustainability professionals earn”? Here is the answer – The 2019 Environmental, Health & Safety and Sustainability (EHS and Sustainability) Salary Report provides great insight on the earnings of sustainability professionals globally.
The EHS and Sustainability Salary Report is published by the National Association of Environmental Management (NAEM), a non-profit organisation based in Washington DC, USA in collaboration with EHSCareers, a career site dedicated to EHS professionals. The 2019 report is based on 6,030 EHS&S professionals comprising full-time employees with varying scopes of responsibilities from a wide variety of private and public companies. The report indicates that 44% of Sustainability professionals earn about $100,000 annually, while 66% qualify for additional annual bonus. The report also indicates that sustainability directors and managers attract average salary increment of 7% since 2017. The report featured detailed analyses of how compensation is affected by education, certifications, career stage and industry. Further analyses show that those with about 11-15 years of experience are earning 6% more in 2019 than professionals with the same experience in 2017; while those with more than one certification gain average salary increase of 13%.
Download the full report here: http://bit.ly/2lR2aqw
EHS professionals within companies are responsible for ensuring compliance with environmental regulations, establishing goals to improve environmental performance, developing programs to keep employees safe at work, and ensuring that the company minimizes its environmental impact. In recent years, these professionals have also been tasked with carrying out sustainability initiatives such as zero waste, greenhouse gas reductions and water stewardship.
NAEM was founded in 1991 by New England area professionals to be a resource for those looking to advance environmental, health and safety, and sustainability (EHS&S) management within their companies. NAEM is a non – profit association governed by a volunteer Board of corporate EHS&S managers, directors and vice presidents. NAEM has s mission to empower corporate leaders to advance environmental stewardship, create safe and healthy workplaces, and promote global sustainability. NAEM members actively contribute to her mission by sharing their best practices, thereby shaping her strategic direction, and candidly discussing their latest challenges within the network.
Whether seeking to advance your own career or to add additional environmental, health, safety and sustainability (EHS&S) staff to your team, the 2019 EHS&S Salary Report becomes handy.
The CSR Arena is a CSR advocacy and sustainability-reporting-analysis champion. We encourage and celebrate effective CSR and positive social impact by responsible corporate citizens; we celebrate international best practices in sustainability reporting across different economic divides. Our goal is to realize the dream of development scholars that, ‘corporates, more than governments, would bring about the much needed sustainable development across the globe. We partner with FBOs, NGOs, CBOs, governments and corporates to spread the message of sustainable development and corporate sustainability. Our platforms bear tales of good corporate citizenship – grab the microphone that you may be heard. Contact: news@thecsrarena.com
