Global Corporate Survey 2024: Climate Change Consulting Buyers’ Budgets, Priorities & Vendor Preferences

Table of contents

Global survey reveals corporate climate change consulting priorities
Global survey features 151 climate executives across geographies and industries
Spend analysis isolates those firms growing their consulting spend the most
Leaders are engaging consultants to support expanding climate agendas
Executive agendas, pushed by climate reporting regulations, increase services spend
Organizations seek specialist consultants for climate data and disclosure support
The greatest opportunity for consultants lies in technical support
High-spend buyers wrestle with data availability and collection challenges
Big spenders pursue specialized climate strategy execution projects
Digital capabilities and differentiated partnerships are top buyer priorities

Table of figures

Figure 1. Survey respondents represent three geographical regions
Figure 2. Survey respondents represent industries with varied business models
Figure 3. Demands from operational leaders are most often cited as a very likely driver of spend
Figure 4. Technical climate change consulting projects are the top buyer priority
Figure 5. Firms plan to engage consultants primarily for emissions data assurance projects
Figure 6. Disclosure management, and mitigation and adaptation services, will see the most growth
Figure 7. Data availability is the biggest obstacle to climate risk analysis for high spenders
Figure 8. Budget constraints and limited data availability are obstacles to big spenders’ carbon management efforts
Figure 9. High-spend buyers reach for carbon data management and net zero strategy services
Figure 10. High-spend buyers prioritize climate mitigation and adaptation strategy and implementation
Figure 11. Partnerships and digital capabilities are top criteria for high-spend consulting buyers
Figure 12. Fixed-sum projects and embedded consultants are high priorities for big spenders