Strategic Focus: Open Ecosystem For Consulting Partnerships

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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. 

Table of contents

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

Table of figures

Figure 1. Existing Partnerships Between Technology Providers And Consultancies 
Figure 2. Investments In ESG And Sustainability Software Firms Since 2021 

About the authors

Guy Lewis

Industry Analyst
Guy is an Industry Analyst in the ESG and Sustainability Practice. Prior to joining Verdantix, he worked at Bulb helping to optimise member experience as part of their renewable energy offering. He gained knowledge in operations and smart technologies. Guy holds a BA in Geography from the University of Manchester, with a placement year at the University of Queensland.

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.

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