Strategic Focus: Open Ecosystem For Consulting Partnerships

Guy Lewis
25 Apr, 2022
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Executive Summary
The demand for ESG and sustainability services is predicted to grow considerably over the next five years. For consultancies to take full advantage of the opportunity to boost their market share, partnerships with software vendors will play an increasingly important role. Current alliances have strengthened service offerings in core sustainability functions, but with a wave of investment in new ESG software, a wealth of expertise and capabilities are now on offer to support firms in their transition to net zero, compliance, ESG data management and regulated climate reporting. This report focuses on the key areas in which consultancies should seek partnerships to build out their ESG and sustainability service lines.
Consulting Firms Need To Expand Their Climate And ESG Software Partnerships
Global Consulting Firms Have Longstanding Software Partnerships
An Incredible Wave Of Climate And ESG Digital Innovation Is Raising Billions In Funding
To Win Market Share, Consulting Firms Need To Open Up Their Technology Ecosystems
Global Consulting Firms Have Longstanding Software Partnerships
An Incredible Wave Of Climate And ESG Digital Innovation Is Raising Billions In Funding
To Win Market Share, Consulting Firms Need To Open Up Their Technology Ecosystems
Figure 1. Existing Partnerships Between Technology Providers And Consultancies
Figure 2. Investments In ESG And Sustainability Software Firms Since 2021
Figure 2. Investments In ESG And Sustainability Software Firms Since 2021
RepRisk, 2150, A/O PropTech, AECOM, alva, Arcadis, Assent, Avetta, Bain & Company, BDC Capital, BlackRock, Clarity AI, Clearvision Ventures, Climate Innovation Capital, Climate X, Coatue, CommerzVentures, Cority, Datamaran, Deloitte, Diginex, Doconomy, EcoVadis, Emitwise, Enablon, Energy Impact Partners, Envizi, ERM, ETF Partners, EU, Euroclear, European Commission, EY, FigBytes, Fitch Ventures, Four Twenty Seven, Greenomy, Higg, IBM, Index Ventures, Insight Partners, Intelex, Jacobs, Jupiter Intelligence, Kleiner Perkins, KPMG, Manifest Climate, MarketPsych, MasterCard, Measurabl, MetricStream, Microsoft, Moody’s, MPower Partners, Normative.io, Novisto, Obvious Ventures, OneTRust, Partnership for Carbon Accounting Financials (PCAF), Persefoni, Planetly, Prelude Ventures, ProcessMAP, Project Canary, PwC, Quantum Energy Partners, Quentic, Refinitiv, SAI360, Salesforce, SAP, Science Based Targets initiative (SBTi), Sequoia Capital, ServiceNow, SINAI Technologies, SoftBank, Sphera, Task Force on Climate-related Financial Disclosures (TCFD), The Rise Fund, TPG, UL, US Chamber of Commerce, US Securities and Exchange Commission (SEC), Vista Equity Partners, Watershed, White Star Capital, Wipro, Workiva
About the Authors

Guy Lewis
Industry Analyst
Guy is an Industry Analyst in the Verdantix ESG & Sustainability practice. He currently leads research on circular economy software and services and supports research acro…

Kim Knickle
Research Director
Kim Knickle is a Research Director at Verdantix, bringing more than two decades of analyst experience to the evolving world of sustainability. Her current research spans ESG a…
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