Top Senior ESG Moves in 2022
As ESG strategy and the ESG function grows in importance, we take a deeper dive into the most interesting ESG senior moves this yearTALNT is Sheffield Haworth's proprietary AI-driven platform for tracking executive moves, which gathers and analyses all publicly-announced senior moves sourced from 3000+ reputable public sources around the globe.This inSights report reviews some of the most interesting senior Environmental, Social, and Governance (ESG) appointments and moves across all major sectors since January 2022.High level global trends in ESG senior rolesimage.png 37.31 KBThe chart above shows what proportion of senior-level ESG roles in EMEA have been hired in each major sector. Here, we can see that Wealth & Asset Management is way ahead of the curve in EMEA, being responsible for hiring 56% of all senior ESG roles in the region, with Insurance coming second and Retail Banking third. In the Americas region we can see a similar dominance in the Wealth & Asset Management sector when it comes to ESG senior hires in the region. However, where Insurance and Retail Banking were the next most important in EMEA, in the Americas the picture is very different. In this region Energy & Natural Resources comes second, followed by Consulting, Consumer, and Real Assets in joint third.image.png 36.66 KBThe APAC region shows a slightly different pattern again, with Wealth & Asset Management once again hiring the most senior ESG roles. In this region Consumer Banking is a clear second place at 19% of all roles, followed by Consumer and Real Assets in joint third.image.png 17.22 KBThe global gender split for senior ESG appointments shows that this has become one of the functions where women actually dominate hiring, as is often the case with, for example, HR and Marketing. In this case, of the senior ESG appointments tracked in TALNT, 59% were women and 41% were men. Top 15 ESG appointments since January 2022With that context out of the way, let's take a look at the most interest appointments in ESG across sectors so far this year. Of the 151 senior ESG moves tracked in TALNT, those that received the most interest from our subscribers were:Leong Li Sun, who joined AIA Singapore as head of ESG in January. Leong's mandate is to embed the company's SG commitment within its operations across five strategic pillar: health and wellness, green operations, sustainable investment, people and culture, and effective governance. Prior to joining AIA, she was vice president and head of corporate sustainability at United Overseas Bank (UOB) and served as secretariat for the UOB Group's sustainability committee.Victoria Baxter, who joined recruitment consulting firm Korn Ferry in January as senior client partner, ESG and sustainability.She joined Korn Ferry from Weber Shandwick where she served as executive vice president and North American lead for the social impact practice. Prior to this, Baxter worked in public affairs including as deputy director, communication and public affairs in the United Nations Foundation.Sandra Carlisle, who was announced as Jupiter's head of sustainability in February, with responsibility for leading the asset manager's newly established corporate sustainability function. Carlisle joins Jupiter from HSBC Asset Management, where she was global ESG lead for the institutional business since 2017. She also chaired the HSBC Asset Management climate business council between 2018 and 2020. Prior to this, she was head of responsible investment at Newton Investment Management.Margaret Anadu, Goldman Sachs' youngest black female partner, who was set to be leaving the company according to an announcement in February.For the last year of her 18-plus years at the firm, Anadu was a partner and global head of sustainability and impact. Since July of this year, she has been senior partner at the Vistria Group, a private investment firm that includes social impact as part of its goal.Josiane Fanguinoveny, who joined UBS as executive director, ESG advisory in May. Fanguinoveny was one of a pair of hires at the bank dedicated to helping firms with their clean energy transition and to grow ESG-related transactions for the company. She joined the firm after spending several years at Sustainalytics, a Morningstar company that rates the sustainability of listed companies based on their environmental, social and corporate governance performance.Alice Sireyjol, who joined asset management firm Amundi in May as deputy head of ESG development. Sireyjol joins from EY where she spent over three years as a sustainability specialist advising companies in various sectors to decrease their environmental impact, rethink their supply chain and drive innovation. Prior to this, she spent six years at PwC in London, leading a sustainable development team overseeing natural capital impact projects.Rachael De Renzy Channer, who was appointed global head of sustainability at leadership advisory firm Egon Zehnder in July. Based in London, De Renzy Channer has led the global Sustainability Practice Group at Egon Zehnder for the past three years, helping organizations around the world develop their cultures, teams, and leaders to be forces for good.Priya Bellino, who joined Sumitomo Mitsui Banking Corporation in July as its new head of ESG in APAC. Bellino joined the Japanese banking giant from professional services firm EY, where she was Southeast Asia head of sustainable finance and ESG consulting. Before EY, Bellino worked for Goldman Sachs for a 17 years in London and Singapore, holding roles including head of Asia Pacific risk engineering. She previously ran her own sustainability consultancy, Aquabaleno, which offered training and capacity building for sustainable finance and sustainability reporting services.Donna Riley Bebb, who joined private equity manager Thoma Bravo to become its new director, head of ESG in July. Bebb joined from Google, where she had been head of global credit and ESG, overseeing $56 billion in corporate cash and designing "an investment-grade" ESG strategy. At Thoma Bravo, Bebb will work with investment teams to assess ESG-related opportunities and risk throughout the investment cycle, as well as serving as a strategic adviser to Thoma Bravo's portfolio companies on best-practice implementation.Elodie Broad, who left Deloitte in August to join Balderton Capital as the company's first ever head of impact and sustainable future goals. At Deloitte, Broad gained extensive experience working with large corporates on defining their sustainability approach to leverage their core business model.Kerry Constabile, a senior climate change specialist, who left Google in August to join Standard Chartered as the firm's managing director, net zero and sustainability strategy. Constabile has more than 20 years' experience driving decarbonisation and climate tech investments at global organisations, founding industry coalitions, and developing climate and ESG funds and policies. At Google, she led the company's sustainability strategy and company-wide climate plans including net zero, carbon market and removal strategies. At Standard Chartered, she will be responsible for managing key strategic sustainability initiatives, as well as overseeing net-zero target setting and delivery of the bank's commitments across scope 1, 2 and 3.Amani Boros, who joined State Street Corporation in Zurich in September as managing director, head of ESG. Boros will lead SSBI's sustainability and ESG efforts by developing and overseeing the ESG strategy and lead interactions with clients, regulators and stakeholders. She joined State Street from Thompson Reuters where she was most recently a director. Prior to that, she worked at Credit Suisse as head of risk and control for the sustainability, strategy and finance group.Justin Wu, who joined HSBC in September as its first co-head of climate change Asia Pacific to lead the development and implementation of the bank's sustainability strategy in the region. Wu moved to HSBC from Bloomberg New Energy Finance, where he was the Asia Pacific regional managing director working with governments, finance, energy and technology companies on their net-zero business strategies. Wu will be based in Tokyo until mid-2023, when he will relocate to Hong Kong. This appointment adds to HSBC's stated commitment to the climate transition and Wu will lead the bank's engagement with big companies, regulators and other stakeholders on the issue.Susannah Fitzherbert-Brockholes, who joined HSBC in London in October as director of sustainable finance. Fitzherbert-Brockholes joins from PwC where she spent nine years in its sustainability consulting practice. Previously, she was a senior consultant at WSP's sustainability business.Esther Tsang, who joined UBS's APAC sustainable finance office as ESG corporate strategy lead in January. Tsang joined UBS from Bloomberg Intelligence where she was an ESG analyst focused on the region's trends including market and regulations updates, climate change, carbon emissions and corporate governance and linking performance to financial value. Previously, she was also ESG consulting manager at Ernst & Young.