Verdantix Benchmark Identifies Seven Leaders In The Rapidly Growing Digital EHS Technology Implementation Service Market

Verdantix Benchmark Identifies Seven Leaders In The Rapidly Growing Digital EHS Technology Implementation Service Market

London, UK. 23 August 2022. Seven vendors – AECOM, Arcadis, dss +, ERM, EY, Jacobs and WSP – were benchmarked as leaders within the highly concentrated market for digital EHS technology implementation services. Using its proprietary Green Quadrant methodology, independent research firm Verdantix assessed the capabilities of the 9 most prominent EHS service vendors on their ability to deliver value and support with EHS technology implementation requirements.

“The convergence of pressing ESG challenges and budding corporate technology development strategies has brewed a perfect storm which is driving immense digitization efforts across ESG and adjacent EHS and operational business functions,” commented Tom Brown, Industry Analyst, Verdantix. “Corporations struggling to make sense of these challenges are increasingly turning to EHS consultants, who are blending subject matter expertise and digital proficiency throughout their service portfolios.” 

The Verdantix report Green Quadrant 2022: Digital EHS Technology Implementation Services provides prospective buyers of EHS digital services with a detailed analysis to speed up vendor selection decisions. Key findings:

• New ESG and sustainability-related challenges have spawned huge untapped markets for service providers. This has driven services firms to proactively invest in ESG talent and face an ongoing battle to retain their subject-matter experts.
• The largest service firms have established a vast network of partners, forging relationships with technology vendors operating within varied geographies, industries and areas of EHS subject matter expertise, in order to suit the digital requirement needs of their diverse client base.
• With access to a blend of technical proficiency, business acumen and subject matter expertise, service firms can offer a more complete customer support package including digital strategy consulting, technology augmentation and maintenance, bespoke system design, and data analysis. Take for example Arcadis’ PowerPack tool, that assists clients in aggregating and evaluating EHS data streams.
• EHS service firms have identified the diversification of their digital offerings as a central pillar of their product development. For example, EY has committed $2.5 billion of investments over the next three years to the development of its digital service offerings and products.
• Service firms turn to technology to address human-centric challenges faced throughout implementation, such as change management. Take Jacobs’ Transpire digital tool, which collects qualitative data sets, such as on stakeholder engagement and public opinion, from projects to help hone performance. 
• EHS consultancies have been proactive in bolstering their services with numerous mergers and acquisitions within the market, such as WSP’s 2021 acquisition of Golder for $1.14 billion and ERM acquiring several smaller EHS and sustainability consultants within a two-year stretch.

“With the EHS digital services market set to reach $3.8 billion by 2026, consulting firms are locked in a technology arms race to differentiate their digital EHS services from competitors,” continued Brown. “As clients face complex EHS digitization challenges, the digital EHS services market is primed for rapid growth across EHS software and technology implementations, EHS platform integrations, and data analytics.” 

To find out more, listen to the webinar Verdantix Green Quadrant Benchmarks The Premier EHS Technology Implementation Services Vendors.