Woke Finance Positions Pay Much More Than Normal Ones
View Source | May 23, 2023 5:00 am
Click to read full article
- Roles in asset management and banking pay much more if they are associated with the environmental, social, and corporate governance movement, also known as ESG, according to data from Revelio Labs shared with Reuters.
- Skeptics of the ESG movement contend that the investment and business philosophy emphasizes political and social causes, such as decreasing carbon emissions or diversifying company leadership, in a manner that distracts from profitability.
- The expanding popularity of the movement in corporate circles nevertheless comes with a salary premium: finance roles with ESG in their titles pay an average of more than $110,000, exceeding the $90,000 average pay received by those in finance roles unrelated to ESG.
Share This Article: