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Inventure is a recruitment firm based in New York City that supplies talented employees for companies within the renewable energy space. The firm is involved in sustainable investment, energy, machine learning, artificial intelligence, quantitative research, trading and risk, venture capital, and technology, to name a few. Their efforts allow exceptional people to smoothly transition their career fields into those that are more sustainable, rewarding, and ideal for their current lives to create the best work-life balance possible. They tackle UN SDG 7 (Affordable and Clean Energy) and 12 (Responsible Consumption and Production).
Inventure, a pioneering firm in talent recruitment across renewable energy markets, has introduced a groundbreaking innovation centered around cultivating a sustainable work-life balance for employees engaged in sustainability. The innovation at the heart of Inventure’s approach is a holistic talent management strategy that identifies and recruits highly talented professionals dedicated to sustainability and prioritizes their well-being and work-life equilibrium.
The innovation emerged as a response to the growing recognition that professionals in the sustainability industry often face burnout due to the demanding nature of their work. Inventure realized that fostering an environment where one can thrive personally and professionally is equally crucial to one's work at their respective companies. Furthermore, looking deeper into the solar energy sector, Ford Witman also wanted to “work directly with community and utility on a commercial scale” to help deliver power to communities with clean and sustainable energy in solar. Inventure is also involved in battery storage and wind power and will be responsible for a holistic approach to cultivating sustainable energy for years to come.
The innovation is deeply rooted in a sense of mission and purpose. Inventure believes that by supporting and uplifting individuals dedicated to sustainability, they contribute to a larger mission of creating a positive impact on the planet. The innovation is a testament to Inventure’s commitment to placing individuals in roles that matter and ensuring their overall happiness and fulfillment.
The inspiration for this talent recruitment and management strategy stems from contemplating the current state of the job market in the sustainability sector. Our business identified that in this particular job market, many employees are only sometimes placed in the companies best suited to their strengths and weaknesses. This approach not only addresses prevalent issues such as burnout but also demonstrates a commitment to fostering a work environment that provides employees in the sustainability sector with a more optimistic and rewarding professional trajectory.
Aside from the aim to connect emerging talent with innovative, sustainable businesses, the ulterior motive for Inventure is to improve the quality of life for workers in the industry. While many people may approach a job solely from the job title or salary perspective, the reality of a job includes many other factors, such as work-life balance and workplace culture. Inventure recognized this aspect of the job search and found that many people in the industry were burning out not from the type of job itself but instead the wrong combination of various other factors. Ford Witman, our interviewee, described how one of his primary motivations as an associate with the firm relates to his ability to improve people’s lives and find a better fit. He says, “It’s always great helping people get to better situations working at different companies. Making placements at companies that are better fits for people’s jobs and have a better work-life balance in light of less pay.” The insights shared by Ford Witman describe the transformative impact that thoughtful job placements can have on individuals, emphasizing the importance of aligning with job roles and a supportive work environment. Inventure's commitment to creating these positive changes in people’s lives reflects a genuine dedication to the improvement and fulfillment of employees and the innovative, sustainable businesses they work with.
The impact of Inventure’s innovation has been profound. On the business front, it has led to increased employee retention, higher job satisfaction, and a positive company culture. Inventure has set a precedent for other companies in sustainability, encouraging a shift towards a more balanced and supportive work environment. Environmentally, there is no shortage of industries that Inventure is involved in innovating in; in our interview with Ford Witman, an associate at Inventure, he stated that Inventure is expressly interested in solar energy, battery storage, wind energy, and finance. As Ford works closely in the solar energy department, we found that Inventure has had much involvement and success within the solar space. With many challenges, including outdated electrical grids and slow legislation, attributed to slowed innovation, Inventure found community-based solar to “help local communities receive power directly from these solar-powered spaces and avoid the lengthy process of building solar panels within a commercial space.”
Inventure's commitment to sustainability has clear business benefits. The company's innovative talent recruitment strategies contribute to increased employee retention, higher job satisfaction, and a positive company culture. By aligning with SDGs and positively impacting communities, Inventure positions itself as a leader in the renewable energy recruitment space, attracting environmentally conscious clients and talent. This allows exclusive deals with companies in the sustainability space and access to niche pools of clients looking for recruiters who specialize particularly within this sector.
Inventure has several social and environmental benefits as it is a company that allows changemakers to be in an environment where they can create the most change. The social benefits they have a strong hand in are economic development and quality of life. Economic growth can be seen in the energy storage sector, for example. As renewable energy increases in popularity and demand, businesses seek new ways to sustainably create and store their energy. Inventure aids in referring talent to companies specializing in green energy, such as solar panels for commercial and industrial businesses to place on their roofs. Their efforts aid in the overall economic development of the green energy industry and move the needle regarding sustainable development goals. The following social benefit they provide is increasing the quality of life for their clients. Many people may appear happy at work, but that is not always true. After they learn more about the industry they are working in, they may be more inclined to go somewhere where they are making fundamental, positive changes for whatever causes they believe in. Inventure steps in to aid companies and remarkable talents to come together for a partnership for good. One that benefits the employee as their schedule may lighten up, or they enjoy what they’re doing because of the societal impact. It also helps companies seeking environmentally-conscious employees who are willing and eager to work towards a more sustainable goal and overall world.
Regarding the environmental aspect, several factors impact Inventure: resource efficiency and renewable energy adoption. Resource efficiency ties in with renewable energy adoption: As natural resources are depleted, renewable energy adoption needs to increase to keep the resources from being consumed at an unsustainable rate. Inventure’s facilitation to employers helps the process of faster renewable energy adoption across companies, thus leading to more sustainable resource usage. The social and environmental benefits that Inventure assists with have many positive externalities for the green energy space and lead to a more sustainable future.
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Ford Witman, Associate