Market Size And Forecast: ESG And Sustainability Consulting 2022-2028 (Global)

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Executive Summary

This report helps consulting providers and corporates better understand the current and future state of the ESG and sustainability consulting market. The Verdantix market size and forecast model incorporates analysis of different market drivers, disclosed and estimated revenues from consulting providers, and supporting data from the Verdantix 2023 ESG and sustainability global corporate survey to forecast market growth by region, industry and service lines to 2028. The market in 2022 was worth over $11.5 billion, and it is forecasted to grow to over $48 billion by 2028, at a CAGR of 27%.

Table of contents

The ESG and sustainability consulting market will more than quadruple by 2028
Market size data reflect the revenues of service providers and current market trends
The ESG and sustainability consulting services market was worth more than $11.5 billion in 2022
ESG and sustainability reporting and assurance regulations accelerate consulting spend across different geographies
Increased ESG risk, industry challenges and evolving sustainability strategies drive expansion in the ESG and sustainability consulting market
The ESG and sustainability consulting market will exceed $49 billion in 2028

Table of figures

Figure 1. ESG and sustainability consulting service lines included in the market size and forecast
Figure 2. Verdantix market size and forecast methodology
Figure 3. Increase in ESG and sustainability consulting spend
Figure 4. Regional breakdown
Figure 5. 2022 ESG and sustainability consulting services spend by region ($ millions)
Figure 6. Industry breakdown
Figure 7. 2022 ESG and sustainability consulting services spend by industry ($ millions)
Figure 8. 2022 ESG and sustainability consulting services spend by service line ($ millions)
Figure 9. ESG and sustainability consulting services forecast by region 2022-2028
Figure 10. ESG and sustainability consulting services forecast by industry 2022-2028
Figure 11. ESG and sustainability consulting services forecast by service line 2022-2028

About the authors

Alessandra Leggieri

Industry Analyst
Alessandra Leggieri is an Industry Analyst in the Verdantix Net Zero & Climate Risk practice. Her current research agenda focuses on solutions for GHG emissions and net zero management, covering technologies and services. Prior to joining Verdantix, Alessandra completed an MSc in Environmental Technology at Imperial College London.

Kim Knickle

Research Director, ESG & Sustainability
Kimberly Knickle is Research Director of the ESG & Sustainability practice at Verdantix. Her research areas encompass ESG regulations and reporting, ESG risk, supply chain sustainability, circular economy, social impact, and sustainable finance. Kim 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. Kim holds an MBA from Boston University and a BS in Electrical Engineering from Cornell.

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