Market Size And Forecast: ESG Assurance Services 2022-2028 (Global)
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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%.
Table of contents
The ESG assurance services market will more than triple by 2028Market 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
Table of figures
Figure 1. Types of ESG assurance servicesFigure 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
Organisations mentioned
BDO, Bureau Veritas, DEKRA, Deloitte, ERM, EU Commission, EY, Grant Thornton, International Monetary Fund (IMF), International Organization for Standardization (ISO), International Sustainability Standards Board (ISSB), KPMG, PwC, Securities and Exchange Board of India (SEBI), US Securities and Exchange Commission (SEC)About the authors
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