Strategic Focus: Open Ecosystem For Consulting Partnerships
25 Apr, 2022
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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
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
Figure 2. Investments In ESG And Sustainability Software Firms Since 2021
Quentic, Refinitiv, alva, Task Force on Climate-related Financial Disclosures (TCFD), Greenomy, EY, Assent, Novisto, BlackRock, The Rise Fund, Microsoft, KPMG, Workiva, Partnership for Carbon Accounting Financials (PCAF), Diginex, Jupiter Intelligence, Vista Equity Partners, CommerzVentures, Doconomy, Index Ventures, Climate Innovation Capital, Jacobs, SINAI Technologies, A/O PropTech, SAI360, White Star Capital, Avetta, MPower Partners, Emitwise, Four Twenty Seven, Euroclear, UL, SoftBank, 2150, European Commission, Fitch Ventures, EU, OneTRust, SAP, MetricStream, Cority, Obvious Ventures, Moody’s, Wipro, ServiceNow, Insight Partners, Arcadis, ERM, BDC Capital, Clearvision Ventures, Envizi, MasterCard, TPG, Salesforce, Datamaran, Sphera, Prelude Ventures, Coatue, IBM, Enablon, ETF Partners, Sequoia Capital, Science Based Targets initiative (SBTi), Clarity AI, Manifest Climate, Normative.io, AECOM, Planetly, Bain & Company, Persefoni, Measurabl, RepRisk, Quantum Energy Partners, US Securities and Exchange Commission (SEC), EcoVadis, Deloitte, Climate X, Kleiner Perkins, US Chamber of Commerce, FigBytes, Watershed, Higg, Energy Impact Partners, Project Canary, Intelex, PwC, ProcessMAP, MarketPsych
About the Authors
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
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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