It’s that time of year again, as we wind down and reflect on how much has changed across the New Energy recruitment landscape in APAC. Whether it be good, bad, or more of the same, the one theme that rings true is that the energy transition has only sped up. So, what has this meant for recruitment activities across this market? Below are some of the key observations we have experienced in recent months.
Venture Capital moves into Climate-Tech
Venture Capital firms from the US, Europe, Australia, as well as locally grown pan-Asia teams have begun looking to hire from the Climate-Tech talent pool.
Formative Search has been approached in recent months by a handful of prominent VCs to ask for support in hiring for their climate-tech portfolio companies after making their first forays in this space.
VCs that have traditionally invested into deep tech, are now shifting their investment crosshairs to start-ups with promising platforms and technology offerings in low carbon solutions, carbon management, and decarbonization.
This is a trend we can expect to see continue well into 2023, and with a battle for talent in selling SaaS, growth and BD, as well as consulting.
Legal activity across Energy & Infrastructure
Singapore provides a great platform for companies to do business across Southeast Asia. The international law firms based here serve their clients on energy and infrastructure projects throughout the region.
The accelerated move towards new energy projects across Asia has resulted in law firms looking to build out their projects practices and influx of new firms entering the market.
We have also seen an increase in in-house hiring activity across the new energies sector. From a combination of established companies looking at the energy transition and new companies establishing a presence here.
Previously energy lawyers may have had limited in-house options to consider whereas now and in the future, there will be more on offer to lure them out of private practice.
Doing more in Circular economies
Nature based solutions, Agri-tech, plastics recycling, and other areas in the wheel house of circular economies are seeing more recruitment mandates across SE Asia.
Formative Search has started supporting two very unique organisations in impact projects, with senior hires and our first of a kind in plastics recycling and agri-tech.
This is a reflection of how diverse the ESG economy will actually be in regards to front line recruitment, and noticeably we have high interest from experienced candidates to transition from energy & infrastructure to more of this work.
With so much diversity of recruitment expected to happen across the Asia Pacific region in New Energies, ESG, and Legal markets, Formative Search expects an exciting and busy 2023. If you would like to speak to our team about hiring talent or a career move, contact us at welcome@formativesearch.com.
