Towards a Green-Skilled Workforce
Climate change is reshaping the way businesses operate. From extreme weather events and natural disasters, to new laws and regulations, climate risks are growing. This report for RMIT Online outlines why businesses must invest in green skills to adapt and thrive in this new environment.
This report for RMIT Online offers a fresh perspective on why investing in green upskilling is a business imperative. Concerns over climate risks are mounting, with more than half of businesses surveyed for this report expecting climate change to have a significant financial impact on their operations within the next decade. Yet, Australian businesses are underprepared and struggling to hire the talent needed to navigate the climate transition.
By 2030, medium and large businesses expect to need at least one million more green skilled workers across new and existing roles. With surveyed businesses indicating that they would pay $13,000 more per year for managers with green skills, closing the green skills gap could create a collective wage opportunity of $1.7 billion by 2030. With mandatory climate reporting starting this year, businesses without the necessary skills and knowledge risk falling behind. This report explores key actions businesses could take to navigate the climate transition, including adopting a regenerative approach.
