The large gamers of internet zero local weather consulting

[Ranking Source: Sustainability Mag]

1 – EY

EY says it has delivered sustainability options to greater than 3,000 shoppers, together with technology-based options by means of alliances with corporations like IBM, Microsoft and SAP. It has about 6,000 workers working within the space globally, of which as much as 2,000 are in Europe. It’s also providing all of its greater than 300,000 workers the prospect to earn a MA diploma in sustainability in collaboration with Hult Worldwide Enterprise College.

EY has developed a strategy to supply assurance on nonfinancial reporting and it has additionally issued new steering on the audit of economic reporting to assist EY audit groups contemplate the results of climate-related dangers on monetary statements.

EY’s international Local weather Change and Sustainability Providers (CCaSS) groups assist corporations to grasp the broader worth impacts and outcomes, figuring out the alternatives, and assist the reporting of nonfinancial efficiency dangers to their stakeholders.

2 – McKinsey & Firm

McKinsey says it aspires to be the preeminent influence companion and advisor on sustainability, local weather, power transition, and environmental, social, and governance (ESG)—from the board room to the engine room. It says it’s “working with shoppers to steer a wave of innovation and financial development that safeguards our planet and advances sustainability”.

It has labored on greater than 1,700 sustainability and local weather initiatives previously three years, serving greater than 600 shoppers throughout about 70 international locations. It employs greater than 1,000 consultants on this discipline.

McKinsey says it needs to be a number one catalyst for international decarbonization. “We’re working to assist all trade sectors rework to succeed in internet zero by 2050, balanced with different sustainability objectives and tailor-made to regional contexts. We do that by leveraging our thought management, modern instruments and options, high expertise, and a vibrant ecosystem of trade associations and information platforms centered on innovating to internet zero.”

3 – Boston Consulting Group (BCG)

BCG noticed revenues soar 25 % to $11 billion in 2021, with virtually 10 % of that coming from local weather consulting. BCG CEO Christoph Schweizer predicts this may account for as a lot of a 3rd of its gross sales by 2027. It mentioned it will recruit 8,000 new workers members in 2022, together with vital numbers of local weather and sustainability and AI consultants.

Schweizer instructed the Monetary Instances the agency had tightened its insurance policies on working for corporations in high-emitting industries, and declined a whole lot of thousands and thousands of {dollars} in potential charges over the past yr in consequence.

BCG, which employs about 25,000 individuals in additional than 50 international locations, launched a beefed-up Middle for Local weather and Sustainability in 2021 to brings collectively greater than 550 consultants overlaying sustainability matters starting from biodiversity to round financial system, local weather innovation, decarbonization, sustainable agriculture, transition financing and water administration.

In 2020, BCG introduced plans to spend $400 million on its 2030 local weather optimistic objectives, together with guaranteeing flights taken by BCG workers within the Nordics on SAS and Finnair flights can be powered by sustainable aviation gas.

4 – KPMG

KPMG mentioned in 2021 it plans to spend greater than $1.5 billion over the subsequent three years to concentrate on ESG. It mentioned the funding will concentrate on coaching and increasing KPMG’s international workforce, harnessing knowledge, accelerating the event of latest applied sciences, and driving motion by means of partnerships, alliances and advocacy. It arrange regional ESG Hubs in Europe, Asia Pacific and the Americas to assist shoppers and mentioned it will supply ESG coaching to all 227,000 workers in collaboration with College of Cambridge Decide Enterprise College and NYU Stern Government Schooling.

5 – Deloitte

Deloitte introduced in April it would make investments $1 billion into its sustainability & local weather apply, to assist shoppers as they redefine their methods, embed sustainability into their operations, meet tax, disclosure, and regulatory necessities, and assist them speed up transformation of their organizations and worth chains. It additionally launched the brand new Deloitte Middle for Sustainable Progress (DCSP) to work with main tutorial, coverage, enterprise, and governments. The corporate mentioned it will supply sustainability coaching programs to all 345,000 workers together with its shoppers and suppliers.

Current mergers and Acquisitions in local weather consulting


The agency has not too long ago acquired sustainability consultancies, similar to Avieco and Greenfish.


The agency purchased greater than 14 completely different corporations from 2019-2021 ‒ together with earth sciences and environmental consulting agency Golder.


The agency introduced in 2021 it has purchased Materials Economics, a number one sustainability consultancy agency. Primarily based in Stockholm, Sweden, this group of 30+ consultants focuses on serving to shoppers develop sustainability methods with a concentrate on “circularity,” detailed and data-driven approaches for sustainable supplies methods in corporations and throughout industries that optimize the use and reuse of merchandise and supplies.


EY Canada mentioned in September it would add AFARA and its staff of multidisciplinary consultants to the agency to deepen present sources and experience in sustainability, and surroundings, social and governance (ESG) companies.


The agency introduced a deal in September to amass Quantis, an environmental sustainability consultancy guiding most of the world’s largest organizations. Quantis was based in 2006 and has since grown to greater than 250 environmental consultants and transformation specialists based in Europe and the US.

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