'Climate quitting': Young workers reject jobs over weak ESG credentials

KPMG survey shows how employers' ESG record is influencing job decisions

Stuart Stone
clock • 2 min read

A third of 18 to 24-year-olds have rejected a job offer based on the prospective employers' environmental, social, and governance (ESG) performance in favour of more environmentally friendly roles - fuelling a growing trend dubbed "climate quitting" by KPMG.

The consultancy giant today published the results of a survey of 6,000 UK adult office workers, students, apprentices, and those who have left higher education in the past six months, which found that almost half - 46% - of those quizzed want the company they work for to demonstrate green credentials. KMPG found that "climate quitting" is being driven by millennial and gen Z job seekers who are attaching increased weight to the environmental performance of potential employers when considering new roles. Overall, one in five respondents to the survey revealed they had turned down an of...

To continue reading this article...

Join Professional Adviser

  • Unlimited access to real-time news, industry insights and market intelligence.
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters.
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection.
  • Members-only access to the editor’s weekly Friday commentary
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login

Stuart Stone
Author spotlight

Stuart Stone

More on Your profession

Gilks: "We are currently trialling a four-day work week."

A day in the life of an adviser: Penzance-based Demi-Leigh Gilks

PA hears how advisers all across the nation structure their workdays

Sahar Nazir
clock 09 June 2023 • 3 min read
Schroders head of UK intermediary solutions Gillian Hepburn

Advisers called to be more open-minded to embracing AI

Artificial intelligence should be on advisers’ radar, Schroders says

Sahar Nazir
clock 08 June 2023 • 1 min read
Demand for sustainable investing wanes amid doubts

Demand for sustainable investing wanes amid doubts

More advisers report decline in client interest for sustainable investment

Sahar Nazir
clock 08 June 2023 • 1 min read