ESG in Finance: What Finance Leaders Need to Know When Hiring
Liam Hassell
Founder & Director | Accounting & Finance Recruitment | Executive Search
As Australia embraces more robust ESG (Environmental, Social, and Governance) reporting standards, finance leaders are under increasing pressure to embed sustainable practices across their organisations. This shift is reshaping the finance function itself, calling for a strategic, forward-thinking approach—not only to meet compliance demands but to unlock the value that ESG can bring. And the key to success? The right talent. Here’s what finance leaders need to know to position their teams for ESG-driven growth.
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Aligning ESG Goals with Financial Strategy
Finance leaders are essential to translating ESG aspirations into measurable financial outcomes. With greater scrutiny from investors, regulators, and customers, finance teams are now expected to quantify ESG impacts, manage disclosures, and ensure robust, transparent reporting. This requires professionals who understand the unique challenges of ESG, including risk assessment, regulatory compliance, and sustainable investing. Hiring individuals with knowledge in these areas is vital to maintaining the credibility of ESG reporting and integrating ESG objectives into the broader financial strategy.
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Attracting Talent with Specialised ESG Skills
While traditional finance skills remain critical, I’ll hazard a guess that come January 25, finance leaders will increasingly be seeking candidates with experience in ESG-focused accounting, sustainable finance, and data-driven analysis. Professionals skilled in frameworks such as TCFD (Task Force on Climate-related Financial Disclosures) or SASB (Sustainability Accounting Standards Board) are valuable assets to companies aiming to comply with international standards. Finance leaders should consider broadening their recruitment criteria to attract candidates with interdisciplinary backgrounds—those who can bridge financial acumen with environmental and social insights.
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Investing in Continuous Learning and Adaptability
The ESG landscape is rapidly evolving, with new regulations, technologies, and market expectations emerging regularly. Finance teams need to stay agile and informed. Hiring managers should look for candidates with proven adaptability, a willingness to upskill, and a proactive approach to learning. Candidates who stay updated on emerging ESG trends and evolving standards will bring a forward-thinking perspective, ensuring the finance function remains aligned with both regulatory demands and the organisation’s ESG goals.
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Embedding ESG Values in Workplace Culture
Let’s not forget, there’s a good portion of candidates today who expect their employers to take meaningful action on environmental and social issues. By embedding ESG values into their workplace culture, finance leaders can attract talent motivated to drive sustainable change. During recruitment, emphasising the company’s ESG commitment and highlighting tangible initiatives can resonate with potential hires who are seeking purpose-driven roles. Moreover, demonstrating a commitment to diversity and inclusion within the finance team aligns with the social component of ESG and supports a richer, more innovative workplace culture.
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Leveraging Recruitment Partners for ESG Expertise
Recruiting finance roles with an ESG focus requires a nuanced, targeted approach. Partnering with a recruitment agency that truly understands the ESG landscape can make all the difference. Experienced recruiters know where to find talent with mature ESG capabilities. They know which businesses are pioneering in this space and can identify individuals with the right mix of technical proficiency and ESG commitment.? A skilled recruiter can streamline the hiring process by identifying specific companies to source from, tapping into a network of professionals who have honed their ESG skills in progressive environments. They not only understand which industries and businesses are "ahead of the game" in ESG but can also help shape job descriptions that appeal to candidates eager to drive impact.
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With Australia’s increased focus on ESG reporting, finance leaders have a unique opportunity to position their teams as drivers of sustainability. The finance function now plays a central role in not only managing financial performance but also in ensuring the organisation meets its ESG commitments. By strategically recruiting professionals who understand the evolving ESG landscape, finance leaders can empower their teams to navigate these challenges and unlock new opportunities for sustainable growth.