ESG And Sustainability Consulting: Market Size and Forecast 2021-2027

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Executive Summary

This report helps ESG and sustainability professionals to better understand the current state and future developments of the ESG and sustainability consulting market. Following an analysis of the different market drivers, the research includes disclosed and estimated revenue information and survey data. The ESG and sustainability consulting market encompasses ESG and sustainability corporate strategy, ESG and sustainability digital transformation, ESG and sustainability corporate reporting and disclosures, operational transformation, product stewardship and supply chain sustainability, and ESG advisory services to investors. Verdantix research finds that the overall ESG and sustainability consulting market has a growth trajectory of 17% CAGR from 2022-2027, and the global market will reach $16 billion by 2027. 

Table of contents

The ESG And Sustainability Consulting Market Is Set To Grow As Regulatory And Non-Regulatory Drivers Push Spending To Record Levels 
Market Size Data Reflects The Revenues Of ESG And Sustainability Services Providers Across Six Services Lines 
Mandatory And Voluntary Disclosures Accelerate The Need For ESG And Sustainability Consulting Services
Transforming Business Operations And Expectations Drives Spending In ESG Consulting Services
Overall ESG And Sustainability Consulting Market Expenditure Expected To Grow At A CAGR Of 17% To Reach $16 Billion By 2027 

Table of figures

Figure 1. Market Segment Definitions Across Six Service Lines  
Figure 2. Verdantix Market Size And Forecast Approach  
Figure 3. Priority Sustainability Initiatives To Receive Funding Over The Next 2 Years  
Figure 4. Priority Performance Areas For Consulting Projects  
Figure 5. Decision-Makers Responsible For ESG Strategy Implementation  
Figure 6. Forecast Spend For ESG And Sustainability Consulting In Four Jurisdictions (2021-2027)  
Figure 7. Forecast Spend For Six ESG And Sustainability Consulting Service Lines (2021-2027)  

About the authors

Kim Knickle

Research Director, ESG & Sustainability

Kim leads the Verdantix ESG & Sustainability practice, addressing business challenges and priorities in ESG and sustainability through technology and services. Her current research agenda focuses on ESG regulatory and market drivers, sustainability reporting, risk management, supply chain sustainability, circular economy, social impact.  Knickle has worked for more than 20 years in the IT industry, providing research and analysis to help companies invest wisely in new technologies. Before joining the analyst industry, she held various roles in IT services, engineering, and product safety testing, beginning her career at Underwriters Laboratories, Inc.  Knickle holds a MBA from Boston University and a BS in electrical engineering from Cornell.

Elisa Molero


Elisa Molero is a research analyst specialised in ESG & Sustainability. Her background is in Economics (BSc University of Navarra). She holds a minor in leadership and governance. Prior to joining Verdantix she completed a Master’s degree in Global Politics with Distinction at the London School of Economics and Political Science. 

Sam Renshaw

Industry Analyst

Sam is an Industry Analyst in the ESG & Sustainability practice. His current research agenda focuses on ESG solutions across financial markets including ESG information providers and sustainability consulting. Sam joined Verdantix in 2021, and previously worked at Moody’s Analytics as part of the Buy-Side Solutions team. He holds a BSc from The University of Nottingham in Economics and is a CFA Level 2 candidate.

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