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

Guy is an 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. Her current research agenda focuses on ESG, sustainability and climate change services market forecast, and digital strategies to improve sustainability risk management. Her research expertise also includes manufacturing and retail industry subject matter expert, thought leadership, storytelling, emerging technology research and analysis (cloud, artificial intelligence, augmented and virtual reality, computer vision, IoT), sales enablement, competitive and SWOT analysis, market research, research operations. 

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