Green Jobs with Deel: A Powerful Combination for a Sustainable Future

The ascent of the green economy and the growth in green jobs are becoming important for sustainable development as businesses and governments worldwide seek to balance economic growth with environmental protection, climate resilience, and Net Zero goals. One solution that can be particularly beneficial for developing and managing green jobs is Deel, a global payroll and compliance platform that helps businesses manage their international teams and contractors efficiently. The International Labor Organization (ILO) expects the green economy to generate at least 24 million new green jobs between 2018 and 2030. This article explores the benefits of using Deel for green jobs and its role in promoting sustainability and economic growth.

According to the UN, the green economy is defined as low carbon, resource efficient, and socially inclusive. The green economy, in part, revolves around the transition to Net Zero. Some estimates peg the extra cost of achieving Net Zero by 2050 at US$3.5 trillion annually. More importantly, as world leaders meet during Climate Week 2023 in NYC, estimates suggest the required annual spending of $337 billion across 48 developing economies to meet the SDG 2030 goals. As such, the transition to Net Zero will transform the global labor markets, negatively impacting some sectors while creating opportunities in new industries. The labor market transformation will affect both developed and emerging economies, with a net positive outcome expected.

There has been a significant increase in the number of jobs considered “green” or environmentally friendly. The definition of green jobs varies. However, the US Bureau of Labor Statistics defines green jobs as:  

1. Jobs in businesses that produce goods or provide services that benefit the environment or conserve natural resources.
2. Jobs in which workers’ duties involve making their establishment’s production processes more environmentally friendly or use fewer natural resources.

These jobs can be found in various sectors, including renewable energy, agriculture, forestry, water management, and waste management. Categories for green jobs include water conservation, sustainable forestry, biofuels, geothermal energy, environmental remediation, sustainability, energy auditors, recycling, electric vehicles, solar power, and wind energy.

Some of these jobs roles include:

• ESG and Sustainability specialists
• Solar energy installation and system engineers
• Renewable Energy Engineers
• Compliance Officer

In many industries linked to climate change, e.g., fossil fuels, etc., there is a growing need for new skills to address energy transition and Net Zero initiatives.  About 40% of the Forbes Global 2000 have proposed Net Zero plans. This number is expected to grow in the coming years. Historically, ESG activities were outsourced, particularly the area of carbon offsets. However, many corporates are brining these activities in-house. As such, these new initiatives will require a need for talent. Companies must leverage various solutions to grow and manage teams in the global transition to Net Zero.

One sector where green jobs are growing is the renewable energy industry. This includes jobs in solar, wind, and hydroelectric power generation. According to the International Renewable Energy Agency, the number of jobs in the renewable energy industry reached 12.7 million in 2021, an increase of 700,000 jobs from the previous year. Solar photovoltaics represented a third of these jobs. Job growth is expected to continue as countries around the world invest in renewable energy as a way to reduce carbon emissions and combat climate change.

Requirements for infrastructure investment through 2040 exceed $90 trillion according to the G20 Global Infrtadrtcvuturte Outlook. Renewable energy accounts for a significant portion of this investment need suggesting a bright outlook for worldwide employment in the sector.  Renewables-based electricity will remain a significant generator of green jobs, with 2.5 million created by 2030 and 6 million new jobs in the shift toward a circular economy. 

Source: LinkedIn, World Economic Forum

Another sector where green jobs are growing is the construction industry. The construction sector accounts for 37% of greenhouse gas emissions, making decarbonization across the sector a top priority for companies worldwide.  Additionally, enhancing energy efficiency in buildings remains an important element toward a low-carbon future. Buildings today account for 40% of energy consumption and 33% of greenhouse gas emissions. Improving energy efficiency combined with supply chain management efficiencies and workforce optimization are other areas where decarbonization activity will take place. These activities reflect another example of green job opportunities across sectors.  

So how can Deel add value? Deel is a powerful HR platform that helps businesses to manage their international teams and contractors more efficiently. Deel is the leading Global HR platform supporting companies with EOR, contractors, or direct employees. They offer a comprehensive suite of services for companies seeking to expand into new markets or rapidly onboard teams. Some key stats worth mentioning

• $5.5 Billion in processed payments for customers
• 150K workers worldwide hired through Deel
• 20,000+ businesses have saved time, money, and resources with Deel
• 150+ countries where Deel is available

Deel offers a range of features and benefits that can be particularly beneficial for businesses that operate in the green jobs sector, including:

• Streamlined Payroll Management: Deel’s platform simplifies payroll management for businesses. It allows them to pay their international teams and contractors quickly and easily. With the growth in global green jobs, many businesses will rely on international teams and contractors in different countries.
• Compliance Management: Deel helps businesses to stay compliant with local laws and regulations, reducing the risk of penalties and legal issues. This is particularly important for businesses in the green jobs sector, as many countries have strict environmental protection and sustainability regulations.
• Efficient Onboarding and Offboarding: Deel’s platform allows businesses to onboard and offboard their international teams and contractors quickly and efficiently. In most markets, talent onboarding or offboarding can occur in a matter of minutes. This is particularly useful for green jobs, as many businesses rely on temporary or project-based teams for various activities.
• Access to Global Talent: Deel’s platform allows businesses to access a global talent pool. Companies can find the right people for their global sustainability initiatives and projects regardless of location. This is particularly useful for businesses that operate in remote or hard-to-reach areas where local talent may be limited.

A key advantage of Deel is its comprehensive suite of solutions combined with ease of use. These features enable companies to scale rapidly and globally. In recent years a significant number of climate tech start-ups have emerged. These startups are in addition to those tackling other sustainability challenges such agtech, croptech, foodtech, etc.     

These startups seek opportunities not just in home markets but are chasing opportunities worldwide. Building a competitive advantage for these companies requires agility and speed when entering new markets. At the same time, they are not immune from the broader challenges and risk of failure that most startups face. Efficiently managing rapid growth, rapid market entry, and human capital may prove a significant bottleneck to value creation. Helping businesses manage their international teams and contractors efficiently, Deel allows companies substantial flexibility versus in-house capabilities. These benefits can prove useful for startups, particularly those with aggressive scaling strategies.      

Addressing climate change and other environmental issues is not just a local challenge but a global one. Businesses and governments worldwide continually seek to balance economic growth with climate mitigation and environmental protection. Achieving these goals remains challenging for many organizations for a variety of reasons, including human capital optimization. Deel offers a range of benefits that can be particularly useful for businesses operating in the green jobs sector. These benefits include:

1. Integration of multiple services, including Contractor payments, Employer of Record, and Global Payroll Management. These integrations allow for a unified approach to managing teams. 
2. An API for seamless integration with 15 HRIS and accounting platforms.
3. EOR services with the ability to hire in over 100 countries without setting up an entity.

Businesses and other organizations can advance their sustainability goals cost-effectively and flexibly by partnering with Deel. For more information head on over to Deel to book a free demo. Alternatively, feel free to contact us or visit ClearSky 2100 Ventures

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