ESG And Sustainability Consulting: Market Size and Forecast 2021-2027
03 Feb, 2022
Executive Summary
This report helps ESG and sustainability professionals to better understand the current state and future developments of the ESG and sustainability consulting market. Following an analysis of the different market drivers, the research includes disclosed and estimated revenue information and survey data. The ESG and sustainability consulting market encompasses ESG and sustainability corporate strategy, ESG and sustainability digital transformation, ESG and sustainability corporate reporting and disclosures, operational transformation, product stewardship and supply chain sustainability, and ESG advisory services to investors. Verdantix research finds that the overall ESG and sustainability consulting market has a growth trajectory of 17% CAGR from 2022-2027, and the global market will reach $16 billion by 2027.
The ESG And Sustainability Consulting Market Is Set To Grow As Regulatory And Non-Regulatory Drivers Push Spending To Record Levels
Market Size Data Reflects The Revenues Of ESG And Sustainability Services Providers Across Six Services Lines
Mandatory And Voluntary Disclosures Accelerate The Need For ESG And Sustainability Consulting Services
Transforming Business Operations And Expectations Drives Spending In ESG Consulting Services
Overall ESG And Sustainability Consulting Market Expenditure Expected To Grow At A CAGR Of 17% To Reach $16 Billion By 2027
Market Size Data Reflects The Revenues Of ESG And Sustainability Services Providers Across Six Services Lines
Mandatory And Voluntary Disclosures Accelerate The Need For ESG And Sustainability Consulting Services
Transforming Business Operations And Expectations Drives Spending In ESG Consulting Services
Overall ESG And Sustainability Consulting Market Expenditure Expected To Grow At A CAGR Of 17% To Reach $16 Billion By 2027
Figure 1. Market Segment Definitions Across Six Service Lines
Figure 2. Verdantix Market Size And Forecast Approach
Figure 3. Priority Sustainability Initiatives To Receive Funding Over The Next 2 Years
Figure 4. Priority Performance Areas For Consulting Projects
Figure 5. Decision-Makers Responsible For ESG Strategy Implementation
Figure 6. Forecast Spend For ESG And Sustainability Consulting In Four Jurisdictions (2021-2027)
Figure 7. Forecast Spend For Six ESG And Sustainability Consulting Service Lines (2021-2027)
Figure 2. Verdantix Market Size And Forecast Approach
Figure 3. Priority Sustainability Initiatives To Receive Funding Over The Next 2 Years
Figure 4. Priority Performance Areas For Consulting Projects
Figure 5. Decision-Makers Responsible For ESG Strategy Implementation
Figure 6. Forecast Spend For ESG And Sustainability Consulting In Four Jurisdictions (2021-2027)
Figure 7. Forecast Spend For Six ESG And Sustainability Consulting Service Lines (2021-2027)
Accenture, Task Force on Climate-related Financial Disclosures (TCFD), EY, DuPont Sustainable Solutions, Global Reporting Initiative (GRI), International Sustainability Standards Board (ISSB), Jacobs, AON, European Commission, U.S. Securities and Exchange Commission (SEC) , WSP, ENGIE, McKinsey, Arcadis, European Union (EU), ERM, KKS Advisors, BCG, Organization for Economic Co-operation and Development (OECD), Sustainability Accounting Standards Board (SASB), Science Based Targets initiative (SBTi), Climate Disclosure Standards Board (CDSB), AECOM, DEKRA, Value Reporting Foundation (VRF), Verisk, PwC, Sancroft
About the Authors
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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Elisa Molero
Industry Analyst
Elisa is an Industry Analyst at Verdantix, specializing in supply chain sustainability. Her research covers 100 vendors in the supply chain sustainability market, supporting b…
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Sam Renshaw
Industry Analyst
Sam is an Industry Analyst in the ESG & Sustainability practice. His current research agenda focuses on ESG solutions across financial markets including ESG information provid…
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