PUBLISHER: The Business Research Company | PRODUCT CODE: 1750990
PUBLISHER: The Business Research Company | PRODUCT CODE: 1750990
Environmental, social, and governance (ESG) consulting refers to advisory services that assist businesses in integrating sustainable practices, ensuring regulatory compliance, and promoting corporate responsibility. These services help companies enhance their environmental impact, social responsibility, and governance frameworks to improve long-term financial performance and build stakeholder trust.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
The main types of ESG consulting services include strategy and planning, testing, auditing and verification, technical support, sustainability marketing, and other specialized services. ESG strategy and planning focuses on creating a structured approach for incorporating environmental, social, and governance factors into business operations, setting sustainability goals, and ensuring compliance with relevant regulations. These services are delivered through both direct and indirect channels and are utilized across various industries such as information technology, healthcare, communication services, industrial sectors, consumer goods, insurance, financial services, real estate, and more.
The environmental, social, and governance (ESG) consulting market research report is one of a series of new reports from The Business Research Company that provides environmental, social, and governance (ESG) consulting market statistics, including the environmental, social, and governance (ESG) consulting industry global market size, regional shares, competitors with the environmental, social, and governance (ESG) consulting market share, detailed environmental, social, and governance (ESG) consulting market segments, market trends, and opportunities, and any further data you may need to thrive in the environmental, social, and governance (ESG) consulting industry. This environmental, social, and governance (ESG) consulting market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The environmental, social, and governance (ESG) consulting market size has grown rapidly in recent years. It will grow from$10.42 billion in 2024 to $11.89 billion in 2025 at a compound annual growth rate (CAGR) of 14.1%. The growth observed in the historic period can be attributed to several factors, including increasing regulatory pressure on businesses to adopt sustainable practices, rising investor demand for companies with strong environmental, social, and governance (ESG) strategies, the growing importance of corporate social responsibility (CSR) initiatives, the expansion of green finance and sustainable investment opportunities, and the early adoption of ESG frameworks by large corporations.
The environmental, social, and governance (ESG) consulting market size is expected to see rapid growth in the next few years. It will grow to$19.95 billion in 2029 at a compound annual growth rate (CAGR) of 13.8%. The growth expected in the forecast period can be attributed to factors such as stricter global environmental, social, and governance (ESG) regulations, rising demand for ESG risk assessments, increasing corporate emphasis on achieving carbon neutrality, expanding integration of ESG factors into financial decision-making, and a growing focus on supply chain sustainability. Key trends anticipated during this period include advancements in ESG reporting technology, continuous innovation in sustainable business strategies, rapid developments in climate risk assessment tools, increasing research and development in ESG analytics, and the evolution of AI-driven solutions for ESG compliance.
The growing emphasis on sustainability within the corporate world is expected to drive the expansion of the Environmental, Social, and Governance (ESG) consulting market. Sustainability in business refers to a company's commitment to operating in an environmentally and socially responsible manner while maintaining economic growth. As businesses face increasing pressure from consumers, investors, and governments to adopt responsible practices, ESG consulting helps guide companies in integrating sustainability into their operations. This shift toward sustainability is driven by rising consumer demand for environmentally conscious practices and the need to mitigate climate-related risks. ESG consultants provide strategies for meeting regulatory requirements, enhancing corporate responsibility, and improving long-term financial performance. For example, according to the Governance and Accountability Institute (G&A), in 2023, 93% of Russell 1000 companies published sustainability reports, up from 90% in 2022. Therefore, the increasing significance of sustainability in business is fueling the growth of the ESG consulting market.
Leading companies in the ESG consulting market are focusing on developing advanced tools and solutions for ESG reporting and data management to help businesses enhance transparency, comply with regulations, and promote sustainable growth. These advanced tools enable corporations to efficiently collect, analyze, and disclose data related to their environmental impact, social responsibilities, and governance practices. For instance, in August 2024, Microsoft Corporation introduced Project Environmental, Social, and Governance (ESG) Reporting, a new tool designed to assist companies in creating, reviewing, and approving ESG reports across various standards and frameworks. This tool helps organizations address the complexities of reporting within both voluntary and regulatory frameworks, further empowering businesses to make informed, sustainable decisions.
In October 2024, SLR Consulting Limited, a UK-based sustainability firm, acquired Malk Partners for an undisclosed amount. The acquisition strengthens SLR's capabilities in delivering specialized investment solutions by incorporating Malk's expertise in ESG strategy, impact investing, and sustainability consulting. This strategic move is intended to accelerate SLR's growth, broaden its client base, and reinforce its position in the ESG consulting market. Malk Partners, a US-based provider, specializes in ESG strategy integration, sustainability consulting, and corporate social responsibility, making it an ideal addition to SLR's offerings.
Major players in the environmental, social and governance (ESG) consulting market are Accenture plc, Deloitte Touche Tohmatsu Limited, PricewaterhouseCoopers International Limited, Ernst&Young, KPMG International Limited, TATA Consultancy Services Limited, McKinsey & Company, BDO Global, Boston Consulting Group Inc., Jacobs Solutions Inc., WSP Global, Nasdaq Composite, Wolters Kluwer, Arcadis NV, Crowe LLP, Workiva, Antea Group, Diligent Corporation, Inogen Alliance, and Sphera Solutions.
North America was the largest region in the environmental, social and governance (ESG) consulting market in 2024. The regions covered in environmental, social, and governance (ESG) consulting report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the environmental, social, and governance (ESG) consulting market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The environmental, social, and governance (ESG) consulting market consists of revenues earned by entities by providing services such as consulting, integration and deployment, support, and maintenance. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Environmental, Social And Governance (ESG) Consulting Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on environmental, social and governance (esg) consulting market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for environmental, social and governance (esg) consulting ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The environmental, social and governance (esg) consulting market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.