Adecco Group launched the Green Talent Potential Index at COP 28

Mondo Finance Updated on 2024-01-30

With the COP 28 climate conference in Dubai, The Adecco Group launched the Green Talent Potential Index(Green Talent Potential Index, GTPI)., which assesses and compares countries' progress in developing a talent pool for a sustainable green economy. Let's take a look.

Green Talent Potential Index (GTPI).

The Adecco Group's Green Talent Potential Index is an experimental benchmark designed to track and assess countries' progress in workforce policies that support the transition to a green economy.

Inspired by the International Labour Organization's (ILO) Guidelines for a Just Transition, the index assesses three key pillars:Sustainability**, Talent Transformation Framework, and Workforce Readiness.

Key findings:

1.CO2 emissions and green talent potential

Countries with higher ratings on the Green Talent Potential Index have achieved more significant results in tackling CO2 emissions.

This means that there is a strong link between inclusive and flexible labour market systems and the reduction of CO2 emissions.

2.CO2 emissions and green talent potential

Overall, the higher-developed G20 economies perform better in terms of green talent potential.

However, high-income countries fall short, especially in terms of their workforce's willingness to acquire new green skills.

3.Worker attitudes and labor market outcomes

Workers in countries with better labor market conditions (usually in more developed economies) are less willing to retrain for carbon-neutral jobs.

Workers in countries with poorer labour market conditions show a higher willingness to be retrained for sustainable employment.

4.Nationally Determined Contributions (NDCs) and Governance

In the Nationally Determined Contributions, social and labour market objectives are expressed, but they still perform poorly in terms of governance accountability, transparency, and inclusiveness, calling into question the sustainability of these commitments.

Influence and Recommendations:

The findings highlight the critical role of labour market policies in achieving climate goals and highlight the need for international cooperation and support. At Adecco Group, we consider the following recommendations to be crucial:

1.Inclusive labour market policies

Design and implement policies that support the transition to carbon-neutral employment, engaging social partners to achieve effective outcomes.

2.Transparency and metrics

Increasing the transparency of labour market policies and tracking progress through comparable indicators lay the foundation for targeted international cooperation and development support measures.

3.Lifelong learning Xi and adaptability

Implement support measures for employees, including lifelong learning Xi opportunities, to adapt to a sustainable green economy.

4.Inclusive governance

Businesses and employees need to work closely together to support each other, and work together to design, implement and adapt labour market support measures to ensure inclusiveness and accountability according to the realities of the sector.

As the world gathers at COP 28 to focus on climate change and discuss strategies to address it, Adecco Group's Green Talent Potential Index adds a crucial dimension to the conference.

The findings reveal the strong links between labour market policies and sustainable development, and call for global priority to adopt an inclusive, accountable, and transparent approach to drive the green talent revolution. The index not only provides a roadmap for countries to address the challenges of a rapidly evolving global economy, but also works together to achieve the goal of a greener and more sustainable future.

About Adecco Group:

The Adecco Group is a Swiss-based HR consulting and solutions provider dedicated to providing every worker with the opportunity to create and realize their dreams for the future, with a presence in 60 countries and markets, with approximately 100,000 customers and 390,000 employees. In 2022, global revenues amounted to €23.6 billion, contributing €6.2 billion to public revenues, serving 500,000 people every day. In China, we have more than 20,000 customers serving 1.5 million people every day. (The above Chinese data is an independent statistical result of local joint ventures and is not included in Adecco's global statistics.) )

Headquartered in Shanghai, Adecco China established FESCO Adecco in 2010 as a joint venture with Beijing Human Resources Group (FESCO), a state-owned A-share listed company, to provide human resources outsourcing services. In 2021, LHH was introduced and established as a joint venture with FESCO to provide HR solutions for employees' career life cycle and enterprise transformation and transformation. In addition, AKKODIS provides engineering consulting and R&D services to enterprises, and currently operates wholly owned in China.

About us

FESCO Adecco is China's first human resource service agency and one of the largest comprehensive human resource service enterprises in China, FESCO Group (Beijing Human Resources, 600861) and the world's leading human resources consulting and solution provider The Adecco Group (The Adecco Group) established in Shanghai in 2010. Comprehensive human resources services such as international talent outsourcing services, personnel and payroll services, recruitment headhunting and process outsourcing, employee welfare services and digitalization. At present, Fesco Adecco has set up regional offices in many important regions across the country, including Shanghai, Chongqing, Zhejiang, Shenzhen, Suzhou, Shaanxi, Hunan, Anhui, etc., serving more than 2.7 million people and more than 28,000 customers nationwide.

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