The Head of ESG Risk is responsible for leading and managing the organisation's Environmental, Social, and Governance (ESG) risk management initiatives. They develop and implement ESG risk frameworks, policies, and procedures to ensure compliance with regulatory requirements and industry best practices. Additionally, they collaborate with internal stakeholders to embed ESG considerations into the organisation's strategic decision-making processes.
Missions
1. Develop and implement an ESG risk management framework, including policies, procedures, and controls.
2. Conduct ESG risk assessments and identify potential risks and opportunities across the organisation's operations.
3. Collaborate with cross-functional teams to integrate ESG considerations into strategic planning and decision-making processes.
4. Monitor ESG performance and report on progress, ensuring transparency and accountability.
5. Stay updated on regulatory developments and industry trends related to ESG risk management.
6. Provide guidance and training to employees on ESG risk management practices.
7. Engage with external stakeholders, including investors, regulators, and industry associations, to align with best practices and industry standards. 8. Drive continuous improvement in ESG risk management practices and foster a culture of sustainability within the organisation.
Managing and mitigating ESG risks>
Hard Skills
In-depth knowledge of ESG frameworks, standards, and regulations.
Strong understanding of environmental, social, and governance risks and their impact on business operations.
Experience in developing and implementing ESG risk management frameworks and policies.
Familiarity with sustainability reporting and disclosure requirements.
Proficiency in risk assessment methodologies and tools.
Analytical skills to identify and evaluate ESG risks and opportunities.
Project management skills to drive ESG initiatives and coordinate cross-functional teams.
Soft Skills
Strong leadership and communication skills to influence stakeholders at all levels.
Ability to build and maintain effective relationships with internal and external stakeholders.
Excellent problem-solving and critical thinking abilities.
Collaborative mindset to work with diverse teams and drive consensus.
Adaptability and resilience in navigating complex and evolving ESG landscapes.
Ethical and values-driven approach to ESG risk management.
Background and Sectors
The ideal background for the role of Head of ESG Risk should possess a combination of relevant education and professional experience. A background in finance, sustainability, risk management, or related fields is preferred. Experience in managing ESG risk in sectors such as financial services, energy, manufacturing, and consumer goods is advantageous.
Salary Range
The salary range for the Head of ESG Risk position can vary depending on factors such as experience, location, and organisation size. Generally, in the UK, Middle East, Europe, and the US, the salary range can fall between $120,000 to $200,000 per year, with variations based on specific circumstances.
The salary ranges provided are approximate and can vary significantly based on individual circumstances and market conditions.
Role Summary
The role of Head of ESG Risk is pivotal in driving sustainable and responsible business practices. By effectively managing ESG risks, organisations can enhance their resilience, reputation, and long-term value creation. This role requires a combination of technical expertise, leadership skills, and a passion for sustainability, making it an exciting opportunity for professionals committed to making a positive impact in the ESG domain.
