Market Size And Forecast: ESG Assurance Services 2022-2028 (Global)
12 Jul, 2023
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Executive Summary
This report helps service providers and corporates better understand the current and future state of the ESG assurance services market. Verdantix defines ESG assurance services as “independent assessments, based on professional standards and guidelines, of the accuracy and reliability of ESG data and reporting processes”. The Verdantix market size and forecast model incorporates analysis of different market drivers, disclosed and estimated revenues from service providers, and supporting data from the Verdantix 2022 ESG and sustainability global corporate survey, to forecast market growth by region and industry to 2028. The market in 2022 was worth $1.54 billion and is forecast to grow to over $5.89 billion by 2028, at a CAGR of 27%.
The ESG assurance services market will more than triple by 2028
Market size data reflect the revenues of service providers and current trends
The ESG assurance services market was worth $1.54 billion in 2022
Mandatory ESG assurance requirements accelerate spend
Increasing stakeholder pressure to demonstrate transparency supports market growth
The ESG assurance services market will reach $5.89 billion in 2028
Market size data reflect the revenues of service providers and current trends
The ESG assurance services market was worth $1.54 billion in 2022
Mandatory ESG assurance requirements accelerate spend
Increasing stakeholder pressure to demonstrate transparency supports market growth
The ESG assurance services market will reach $5.89 billion in 2028
Figure 1. Types of ESG assurance services
Figure 2. Verdantix market size and forecast methodology
Figure 3. Sustainability executives’ funding priorities over the next two years
Figure 4. Regional breakdown
Figure 5. 2022 ESG assurance services spend by region
Figure 6. Industry breakdown
Figure 7. 2022 ESG assurance services spend by industry
Figure 8. ESG assurance services forecast by region 2022-2028
Figure 9. ESG assurance services forecast by industry 2022-2028
Figure 2. Verdantix market size and forecast methodology
Figure 3. Sustainability executives’ funding priorities over the next two years
Figure 4. Regional breakdown
Figure 5. 2022 ESG assurance services spend by region
Figure 6. Industry breakdown
Figure 7. 2022 ESG assurance services spend by industry
Figure 8. ESG assurance services forecast by region 2022-2028
Figure 9. ESG assurance services forecast by industry 2022-2028
EY, KPMG, International Organization for Standardization (ISO), International Sustainability Standards Board (ISSB), Grant Thornton, ERM, BDO, International Monetary Fund (IMF), Securities and Exchange Board of India (SEBI), Bureau Veritas, DEKRA, US Securities and Exchange Commission (SEC), Deloitte, EU Commission, PwC
About the Authors
Lily Turnbull
Senior Analyst
Lily is a Senior Analyst at Verdantix, where she delivers in-depth research to help executives navigate ESG, sustainability and product innovation, and make confident decision…
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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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