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. 
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
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 Lewis

Industry Analyst

Guy is an Industry Analyst in the Verdantix ESG & Sustainability practice. He currently leads research on circular economy software and services and supports research acro…

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Kim Knickle

Kim Knickle

Research Director, ESG & Sustainability

Kimberly Knickle is Research Director of the ESG & Sustainability practice at Verdantix. Her research areas encompass ESG regulations and reporting, ESG risk, supply chain…

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