Hiring activity related to ESG increased by a CAGR of 89% in the pharmaceutical industry since 2020
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The global pharmaceutical industry witnessed an 89% rise in compound annual growth rate (CAGR) in new job postings related to ESG since 2020, according to GlobalData's Job Analytics database. New job postings increased by 164% year-on-year in 2021, and by 36% year-on-year in 2022.
Notably, management occupations jobs accounted for 38% share of the global pharmaceutical industry’s ESG-related new job postings since 2020.
Management occupations drive ESG-related hiring activity
Management occupations, with a share of 38%, emerged as the top ESG-related job roles within the pharmaceutical industry since 2020, with new job postings rising by 180% year-on-year in 2021 and by 37% year-on-year in 2022.
Life, Physical, and Social Science occupations came in second with a share of 15%, with new job postings rising by 230% year-on-year in 2021 and rising by 18% year-on-year in 2022.
The other prominent ESG roles include healthcare practitioners and technical occupations with a 9% share, sales and related occupations with a 8% share and business and financial operations occupations with a 6% share.
The top five companies in the pharmaceutical industry accounted for 33% of hiring activity
The top five companies, in terms of the number of new job postings tracked by GlobalData, since 2020 were CSL, Grifols, Johnson & Johnson, Sanofi, and F. Hoffmann-La Roche. Together they accounted for a combined share of 33% of all ESG-related new jobs in the pharmaceutical industry.
CSL posted 12,553 ESG-related jobs since 2020, followed by Grifols with 11,657 jobs, and Johnson & Johnson with 9,940 jobs, according to GlobalData’s Job Analytics database.
New job postings by CSL increased by 491% year-on-year in 2021 and rose by 131% year-on-year in 2022, while those by Grifols decreased by 4% in 2021 and fell by 39% in 2022.
Hiring activity was driven by the US with a 61% share of total new job postings since 2020
The largest share of ESG-related new job postings in the pharmaceutical industry since 2020 was in the US with 61%, followed by the UK (5%) and India (4%). The share represented by the US increased by three percentage points from 58% in 2021 to 61% in 2022.
GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Job Analytics database uses machine learning to uncover key insights from tracking daily job postings for thousands of companies globally. Proprietary analysis is used to group jobs into key thematic areas and granular sectors across the world’s largest industries.