The global sustainability consulting services market is anticipated to witness a growth of 4.1% during the forecast period (2021 – 2029). The growth of the global sustainability consulting services market is driven by a rising awareness of the concept of business sustainability consulting. A decade ago, the sustainability consulting sector was a niche market with just a few tiny firms serving a small number of enterprises concerned with environmental challenges. Corporate social responsibility has become a commercial requirement as climate risk problems and ESG (Environmental, Social, and Governance) investing is gaining popularity. The global environmental issues have become more prominent and environmental awareness has increased globally. In the last ten years, large enterprises as well as small scale enterprises with the assistance of sustainability consulting firms are strategically planning their investments with various projects.
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The 420+ pages research report on Sustainability Consulting Services Market will include extensive information based on the following pointers:
- Global Market size and forecast values (2015 – 2029), in terms of revenue (US$ Million) by segments/sub-segments; wherein 2015 to 2019 has been considered as historic years, 2020 as the base year, while 2021 to 2029 has been considered as the forecast period.
- Split of the market revenue (US$ Million) into all the relevant segments & sub-segments across all major regions/countries.
- Market Determinants and Influencing Factors
- Macro-Economic and Micro-Economic Indicators
- Market Dynamics
- Trends on Global Sustainability Consulting Services Market
- Exclusive Details on the Effect of the Pandemic
- Porter’s Five Forces Analysis
- Competitor Landscape
- Market Share Analysis, 2020
- Global Presence and Growth Strategies
- The final report will include competitive product benchmarking which will include comparison of different products offered by different market participants on the basis of their features and capabilities that will help you to understand their market offerings. Furthermore, for each company, we will provide information regarding company details, company overview, product offerings, key developments, financial analysis, and SWOT analysis and business strategies.
- Research study focusing on specific regions, including North America, Europe, Asia Pacific, Middle East & Africa and Latin America are also available
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Even as businesses battle to stay afloat in the Covid-19 era, the pandemic is allowing CEOs to see the sustainability revolution that lies ahead. In some aspects, the Covid-19 situation has served as a warm-up for the sustainability agenda, providing corporations with an opportunity to demonstrate how they can address a growing number of environmental, social, and governance (ESG) issues. Sustainability consultants are assisting businesses in assessing sustainability risks and opportunities, developing strategies, monitoring and evaluating progress in order to achieve alignment with applicable Sustainable Development Goals (SDGs). Climate change risks are increasingly being examined by investors and businesses, and companies are required to demonstrate their efforts to reduce carbon emissions, reduce water consumption, and use renewable energy. Thus the above factors have led to the growth of sustainability consulting services market.
The term "carbon footprint" is frequently used to refer to the quantity of carbon (typically measured in tonnes) released by a particular activity of the organisation. A corporate carbon footprint analysis offers management and other stakeholders with transparent data on which to base carbon reduction actions and investment decisions. In the last few years, companies are increasingly becoming aware of the significance of carbon footprint and the need to reduce it, which showcases substantial growth prospect for global sustainability consulting services market participants. Understanding the carbon footprint (greenhouse gas emissions) of the organisations is an important aspect of any corporate sustainability strategy. Sustainability consulting helps businesses begin accounting for Scope 1 and 2 emissions, then progress to accounting for Scope 3 emissions. For instance, Intertek offers carbon footprint evaluation services involving the assessment of environmental consequences, energy usage, and greenhouse gas emissions.
By Organization Size
The economic and social importance of small and medium enterprises, as well as their widespread engagement in national and international value chains, highlight the need to involve them more fully in the sustainability agenda. Furthermore, when it comes to tackling sustainability challenges, small and medium-sized businesses (SMEs) have a significant edge over larger corporations, such that the small companies can respond swiftly to changes in the business environment. Thus small and medium enterprises are experiencing fast growth in the global sustainability consulting services market.
By Industry Verticals
Several manufacturing companies around the world have already taken up the issue of sustainability and are developing innovative methods and procedures to maximise resource efficiency while minimising environmental impact. Manufacturers are adopting production by employing cost-effective methods that reduce negative environmental consequences while preserving energy and natural resources. Lately, manufacturing companies are looking forward to deliver year on year progress for sustainability and conscious consumers are paying more attention to the working conditions, materials used and waste disposal techniques used by manufacturers of anything from electronics and garments to food and home items. Thus, the manufacturing companies are looking forward to sustainability consulting for better projects and investments toward sustainability, which is fuelling the growth of global sustainability consulting services market. For instance, SLR Consulting Limited offers a wide range of consulting services to the manufacturing industries. The consultants assists the manufacturing industries from beginning to end of the manufacturing value chain and develop a sustainable manufacturing process for the respective entity.
The Asia Pacific region is estimated to be the fastest growing region in the global sustainability consulting services market over the forecast period. Businesses in Asia Pacific are under pressure to adapt to climate change and comply with stricter sustainability requirements. Moreover, businesses in the region are re-evaluating their company goals to accelerate sustainability goals. Various energy businesses are taking proactive initiatives to make their business models more sustainable. Sustainability consulting firms are looking forward to offer their customer a wide range of services for sustainability. For instance, Systainability Asia (SA) offers a wide range of sustainability consulting services such as corporate social responsibility and planning, assessment. The company closely works with national and local governments, NGOs, international agencies and private sector companies in the Asia-Pacific region.
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The key market participants operating in the global sustainability consulting services market are:
- A.T. Kearney
- BAIN & COMPANY
- Boston Consulting Group
- BSD Consulting
- Deloitte Touche Tohmatsu Limited
- Ernst & Young Global Limited
- Innosight Holdings LLC
- KPMG International Cooperative
- McKinsey & Company
- WYG plc
- Other Market Participants
Global Sustainability Consulting Services Market
- Corporate Social Responsibility
- Carbon Footprint Management
- Life Cycle Assessment
- Water and Wastewater Management
- Green Supply Chain and Sustainable Operations
- Legal and Compliances
By Organization Size
- Small and Medium Sized Enterprises
- Large Enterprises
By Industry Verticals
- Oil and Gas
- Banking, Financial Services and Insurance (BFSI)
- IT and Telecom
- Consumer Durables and Retail
- North America
- Rest of North America
- The UK
- Nordic Countries
- Benelux Union
- The Netherlands
- Rest of Europe
- Asia Pacific
- New Zealand
- South Korea
- Southeast Asia
- Rest of Southeast Asia
- Rest of Asia Pacific
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
- Latin America
- Rest of Latin America
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