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Why businesses need to care
Youthquakemeets
greeneconomy
Lureofthe
greeneconomy
What do young people want in a job?
They want what young people have
always wanted: good pay, stability,
opportunity. But increasingly, they also
want to work in the green economy.
Whether it’s helping economies transition
to cleaner transportation or enabling the
region to decarbonize, young people
want to solve the biggest environmental
challenges facing their generation.
Youthwith
highaspirations:
TheAsiaPacific
difference
The idea of working toward a more sustainable environment has great appeal to young people all over
the world. And young people in APAC are leading the way.
Aspirations to work in the green economy within the next ten years
Percentage of respondents
77% 57% 52%
23%
43%
48%
APAC Europe United
States
Sample size: APAC, n=17,000; Europe, n=7,500; US, n=2,000
Source: Accenture Youth Survey, May 2021
Young people who aspire to get a
job or pursue a career in the green
economy within the next ten years
“Aspiring”
Young people who feel that it is
neither important to secure a job nor
likely to pursue a career in the green
economy within the next ten years
“Indifferent”
There is just
one problem.
Many of these
green jobs
don’t exist yet.
Over the next
10 years, 32.6 million
green jobs are
expected to be
created in five
countries: Australia,
China, India,
Indonesia and Japan.
New job potential in 2030
Total jobs (Millions) across Australia, China, India, Indonesia and Japan
Source: Accenture analysis
HowmanygreenjobswillbeavailableforAPAC’s
aspiringyoungpeople?
Whereaspirations
meetreality
Although 32.6 million green jobs over the
next 10 years sounds impressive, this
number still falls short of the high demand
from the region’s 665 million young
people active in the labor force in 2020.
What can companies do as the demand
for—and supply of—green jobs
continue to grow?
They need to start acting now to design
the jobs that will attract motivated, young
people with a variety of skill levels.
Flip the script—for your
future’s sake.
Deliberately design
“green collar” jobs to
spark innovation.
Make everyone part of the
green transition.
01 02 03
ThreeimperativesforcompaniesinAPAC
toattractyoungpeople
Flipthescript—for
yourfuture’ssake
The best of Asia Pacific’s young will see
through any efforts that don’t go beyond
rebranding: green change initiatives must
be both genuine, and boldly
transformational.
To show that they are committed to a
green economy transition, companies
should focus on two strategic priorities:
1. Create new green businesses that are
decoupled from legacy businesses.
2. Build internal capabilities for
sustainability across all business
divisions.
01
Deliberatelydesign
“greencollar”jobsto
sparkinnovation
Today’s sustainability challenges demand fresh,
hybrid solutions. To build these solutions faster,
companies can bring in a mosaic of talent
profiles into new types of teams by:
1. Seeking out expertise will be required in
unusual combinations such as chemical
engineering-plus-innovation and climate
science-plus-AI.
2. Granting creative freedom to innovators
while supplying them with the latest
instruments, such as advanced data
platforms, analytical tools and
new technologies.
02
Makeeveryone
partofthegreen
transition
Industries such as construction and
manufacturing—where we estimate 76 percent of
the new green jobs to be created—will have a large
proportion of entry-level roles that require
vocational qualifications. Companies should see
this as an opportunity and take three actions:
1. Invest in baseline training programs that
certify incoming semi-skilled or unskilled
workers and establish on-the-job “upskilling”
and specialization pathways for employees.
2. Open entry-level employment paths
through academic and vocational
institution alliances.
3. Create exchange and rotation programs
between legacy and new business lines.
03
Puttinggreen
economyonthe
CXOagenda
To care about what young
people want is to care about
your own future.
Business leaders need to ask themselves three key questions
as they pursue a place in the green economy.
Corporate
practices now
Appoint a Chief
Sustainability Officer.
Double down on
active stakeholder
engagement campaigns.
Set ambitious talent
diversity targets.
What boards
want to
know next
A dedicated Chief
Sustainability Officer is a
good start, but not the step-
change we need.
What are we doing to
ensure that our actions do
not run the risk of
“greenwashing”?
Signaling commitment to
more sustainable growth that
benefits all stakeholders is a
good start, but we need to also
keep our promises.
How will we tangibly
measure our non-financial
performance (i.e.,
Environmental, Social,
Governance, and other
dimensions)?
Talent diversity targets are now a
baseline expectation. We need new
job-related targets.
How will we create new “green
collar” jobs, needed to attract
aspiring young people? And how
will we ensure that our existing
talent can succeed in the green
economy of the future?
Connectwithourexperts
Gianfranco Casati Dr. Vedrana Savic Valentin de Miguel Trevor Gruzin Yoshinori Tachibana
Chief Executive Officer,
Growth Markets
Managing Director,
Thought Leadership at
Accenture Research
Senior Managing Director and
Strategy & Consulting Lead,
Growth Markets
Senior Managing Director,
Growth & Strategy,
Growth Markets
Senior Managing Director,
Accenture
Japan
Gianfranco Casati is the chief executive
officer of Accenture in Growth Markets,
with management oversight for all
industries and services of Accenture’s
business in Asia Pacific, Africa, the Middle
East and Latin America. He is also a
member of Accenture’s Global
Management Committee. Gianfranco has
helmed his current role since 2014. Prior to
this role, Gianfranco was group chief
executive of Accenture’s Products group,
which served clients in the air, freight and
travel services; automotive; consumer
goods and services; industrial equipment;
infrastructure and transportation services;
life sciences; and retail industries.
Vedrana Savic is a global thought
leader and published author in top
business and academic journals.
Her work is focused on green
economy, value creation in the
post-digital age, organizational
renewal, portfolio innovation
strategy and industry disruption.
She has extensive experience in
corporate strategy and
management consulting and has
advised executive teams of large
companies across Asia Pacific, US
and Europe.
Valentin de Miguel leads Accenture
Strategy & Consulting for Growth
Markets—in the market units of Asia
Pacific, Africa, Middle East and Latin
America. In this role, he is focused
on helping C-suite executives
develop strategies to transform and
reimagine their organizations to
enable continuous innovation, from
idea to execution.
Trevor Gruzin is the senior managing
director responsible for Growth &
Strategy for Growth Markets. His role
focuses on advising companies and
governments on strategy (Business,
IT, Digital), innovation applied to
business and operating models, and
transformation. His specific focus is
on how technology can disrupt
companies and industries. He is a
member of the Accenture Global
Leadership Council as well as the
Accenture Strategy Leadership Team
and the Growth Markets Leadership
team.
Yoshinori Tachibana is the senior
managing director responsible for
overall business operations of
Accenture Japan. He also leads
several strategic business initiatives
in Accenture Japan such as Supply
Chain & Industry X. His career
background is Technology Strategy
and Digital thus utilizing the
expertise for client services and
internal strategy development and
operations. He co-authored the
books "Strong IT Strategy” (Toyo
Keizai) in 2008 and "X-Tech 2020”
(Nihonkeizai) in 2019.
Acknowledgments
The authors would like to thank Amy Chng, Koteswara Ivaturi, Lydia Pretty, Jenni Lai, Michelle Ganchinho,
Rebecca Tan, Gargi Chakrabarty and David Light for their contributions to this report.
Read the full report:
Youthquake Meets Green Economy
Thank you!

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Youthquake Meets Green Economy

  • 1. Why businesses need to care Youthquakemeets greeneconomy
  • 2. Lureofthe greeneconomy What do young people want in a job? They want what young people have always wanted: good pay, stability, opportunity. But increasingly, they also want to work in the green economy. Whether it’s helping economies transition to cleaner transportation or enabling the region to decarbonize, young people want to solve the biggest environmental challenges facing their generation.
  • 4. The idea of working toward a more sustainable environment has great appeal to young people all over the world. And young people in APAC are leading the way. Aspirations to work in the green economy within the next ten years Percentage of respondents 77% 57% 52% 23% 43% 48% APAC Europe United States Sample size: APAC, n=17,000; Europe, n=7,500; US, n=2,000 Source: Accenture Youth Survey, May 2021 Young people who aspire to get a job or pursue a career in the green economy within the next ten years “Aspiring” Young people who feel that it is neither important to secure a job nor likely to pursue a career in the green economy within the next ten years “Indifferent” There is just one problem. Many of these green jobs don’t exist yet.
  • 5. Over the next 10 years, 32.6 million green jobs are expected to be created in five countries: Australia, China, India, Indonesia and Japan. New job potential in 2030 Total jobs (Millions) across Australia, China, India, Indonesia and Japan Source: Accenture analysis HowmanygreenjobswillbeavailableforAPAC’s aspiringyoungpeople?
  • 6. Whereaspirations meetreality Although 32.6 million green jobs over the next 10 years sounds impressive, this number still falls short of the high demand from the region’s 665 million young people active in the labor force in 2020. What can companies do as the demand for—and supply of—green jobs continue to grow? They need to start acting now to design the jobs that will attract motivated, young people with a variety of skill levels.
  • 7. Flip the script—for your future’s sake. Deliberately design “green collar” jobs to spark innovation. Make everyone part of the green transition. 01 02 03 ThreeimperativesforcompaniesinAPAC toattractyoungpeople
  • 8. Flipthescript—for yourfuture’ssake The best of Asia Pacific’s young will see through any efforts that don’t go beyond rebranding: green change initiatives must be both genuine, and boldly transformational. To show that they are committed to a green economy transition, companies should focus on two strategic priorities: 1. Create new green businesses that are decoupled from legacy businesses. 2. Build internal capabilities for sustainability across all business divisions. 01
  • 9. Deliberatelydesign “greencollar”jobsto sparkinnovation Today’s sustainability challenges demand fresh, hybrid solutions. To build these solutions faster, companies can bring in a mosaic of talent profiles into new types of teams by: 1. Seeking out expertise will be required in unusual combinations such as chemical engineering-plus-innovation and climate science-plus-AI. 2. Granting creative freedom to innovators while supplying them with the latest instruments, such as advanced data platforms, analytical tools and new technologies. 02
  • 10. Makeeveryone partofthegreen transition Industries such as construction and manufacturing—where we estimate 76 percent of the new green jobs to be created—will have a large proportion of entry-level roles that require vocational qualifications. Companies should see this as an opportunity and take three actions: 1. Invest in baseline training programs that certify incoming semi-skilled or unskilled workers and establish on-the-job “upskilling” and specialization pathways for employees. 2. Open entry-level employment paths through academic and vocational institution alliances. 3. Create exchange and rotation programs between legacy and new business lines. 03
  • 11. Puttinggreen economyonthe CXOagenda To care about what young people want is to care about your own future.
  • 12. Business leaders need to ask themselves three key questions as they pursue a place in the green economy. Corporate practices now Appoint a Chief Sustainability Officer. Double down on active stakeholder engagement campaigns. Set ambitious talent diversity targets. What boards want to know next A dedicated Chief Sustainability Officer is a good start, but not the step- change we need. What are we doing to ensure that our actions do not run the risk of “greenwashing”? Signaling commitment to more sustainable growth that benefits all stakeholders is a good start, but we need to also keep our promises. How will we tangibly measure our non-financial performance (i.e., Environmental, Social, Governance, and other dimensions)? Talent diversity targets are now a baseline expectation. We need new job-related targets. How will we create new “green collar” jobs, needed to attract aspiring young people? And how will we ensure that our existing talent can succeed in the green economy of the future?
  • 13. Connectwithourexperts Gianfranco Casati Dr. Vedrana Savic Valentin de Miguel Trevor Gruzin Yoshinori Tachibana Chief Executive Officer, Growth Markets Managing Director, Thought Leadership at Accenture Research Senior Managing Director and Strategy & Consulting Lead, Growth Markets Senior Managing Director, Growth & Strategy, Growth Markets Senior Managing Director, Accenture Japan Gianfranco Casati is the chief executive officer of Accenture in Growth Markets, with management oversight for all industries and services of Accenture’s business in Asia Pacific, Africa, the Middle East and Latin America. He is also a member of Accenture’s Global Management Committee. Gianfranco has helmed his current role since 2014. Prior to this role, Gianfranco was group chief executive of Accenture’s Products group, which served clients in the air, freight and travel services; automotive; consumer goods and services; industrial equipment; infrastructure and transportation services; life sciences; and retail industries. Vedrana Savic is a global thought leader and published author in top business and academic journals. Her work is focused on green economy, value creation in the post-digital age, organizational renewal, portfolio innovation strategy and industry disruption. She has extensive experience in corporate strategy and management consulting and has advised executive teams of large companies across Asia Pacific, US and Europe. Valentin de Miguel leads Accenture Strategy & Consulting for Growth Markets—in the market units of Asia Pacific, Africa, Middle East and Latin America. In this role, he is focused on helping C-suite executives develop strategies to transform and reimagine their organizations to enable continuous innovation, from idea to execution. Trevor Gruzin is the senior managing director responsible for Growth & Strategy for Growth Markets. His role focuses on advising companies and governments on strategy (Business, IT, Digital), innovation applied to business and operating models, and transformation. His specific focus is on how technology can disrupt companies and industries. He is a member of the Accenture Global Leadership Council as well as the Accenture Strategy Leadership Team and the Growth Markets Leadership team. Yoshinori Tachibana is the senior managing director responsible for overall business operations of Accenture Japan. He also leads several strategic business initiatives in Accenture Japan such as Supply Chain & Industry X. His career background is Technology Strategy and Digital thus utilizing the expertise for client services and internal strategy development and operations. He co-authored the books "Strong IT Strategy” (Toyo Keizai) in 2008 and "X-Tech 2020” (Nihonkeizai) in 2019. Acknowledgments The authors would like to thank Amy Chng, Koteswara Ivaturi, Lydia Pretty, Jenni Lai, Michelle Ganchinho, Rebecca Tan, Gargi Chakrabarty and David Light for their contributions to this report. Read the full report: Youthquake Meets Green Economy