Profitability is not the only thing helps companies remain operational. There are several factors along with it. Brand image or exactly it is seen by the general public is what truly matters the most. In order to ensure a great brand image, companies seek help from sustainability consultants. Sustainability consultants are basically those individuals or organizations that advice enterprises on the methodologies of delivering their products or services in a peculiar way that is sustainable in an ecological sense. Corporate social responsibility (CSR) happens to be one aspect that sustainability consultants help companies deal with. This aspect grants distinctness to the enterprises and helps them determine. The CSR primarily concentrates on multiple aspects like contributing to the environment, aid in creation of the sources of renewable energy, along with management of waste. The global sustainability consulting market is rampantly growing courtesy of numerous factors.
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The coronavirus pandemic granted impetus to the growth of the global sustainability consulting market. Great CSR policies at the time when economic situation of the globe was suffering, helped many companies triumph in the troubled times. One of the biggest factors that has been driving the growth of the global sustainability consulting market is the ability of the consulting organizations help corporate manage their image along with carbon footprint and legal & compliances. Meanwhile, the growth of the global sustainability consulting market is likely to be hindered by in-house department and hiring of individuals in the majority of corporates that provide similar solutions just like sustainability consulting firms.
On the other hand, changing economic conditions across various nations is the reason why the global sustainability consulting market is forecasted to witness massive growth in the period of coming couple of years. The global sustainability consulting market was worth US$ 3.70 Bn in 2021, growing at an estimated CAGR of 10.9% over the forecast period.
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By Organization Size, Small and Medium Sized Enterprises Segment will witness fastest growth for The Global Sustainability Consulting Market in 2022
Changing market is demanding smaller businesses to adopt and having a great CSR policy, assessment of lifecycle, management of carbon footprint will help them do so at a quick pace. These sustainable solutions helps companies grow exponentially in shortest time period and this is why this segment will bring great growth for this market.
Asia Pacific Region to witness fastest growth for this market Over the Forecast Period (2022 – 2030) in the Global Sustainability Consulting Market
Densely populated nations of China and India are home to several buzzing businesses. These companies are seeking sustainable consulting solutions and this is helping the market grow. Also stringent government policies are forcing companies to do so.
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Some of the major players operating in the global sustainability consulting market are listed below:
- T. Kearney
- Accenture
- ANTEAGROUP
- Aru
- BAIN & COMPANY
- Boston Consulting Group
- BSD Consulting
- Deloitte Touche Tohmatsu Limited
- Ernst & Young Global Limited
- Innosight Holdings LLC
- KPMG International Cooperative
- McKinsey & Company
- PwC
- TheRockGroup
- WYG plc
- Other Market Participants
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Global Sustainability Consulting Market Segmentation
Global sustainability consulting market has been segmented by services, organization size, industry verticals and regions which are further classified into respective countries:
Global Sustainability Consulting Market Services Outlook (Revenue, USD Million, 2015 – 2030)
- Corporate Social Responsibility
- Carbon Footprint Management
- Life Cycle Assessment
- Water and Wastewater Management
- Green Supply Chain and Sustainable Operations
- Legal and Compliances
- Others
Global Sustainability Consulting Market Organization Size Outlook (Revenue, USD Million, 2015 – 2030)
- Small and Medium Sized Enterprises
- Large Enterprises
Global Sustainability Consulting Market Industry Verticals Outlook (Revenue, USD Million, 2015 – 2030)
- Oil and Gas
- Energy
- Manufacturing
- Automotive
- Banking, Financial Services and Insurance (BFSI)
- IT and Telecom
- Consumer Durables and Retail
- Others
Global Sustainability Consulting Market Regional Outlook (Revenue, USD Million, 2015 – 2030)
- North America (U.S., Canada, Mexico, Rest of North America)
- Europe (France, The UK, Spain, Germany, Italy, Nordic Countries (Denmark, Finland, Iceland, Sweden, Norway), Benelux Union (Belgium, The Netherlands, Luxembourg), Rest of Europe
- Asia Pacific (China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia (Indonesia, Thailand, Malaysia, Singapore, Rest of Southeast Asia), Rest of Asia Pacific
- Middle East & Africa (Saudi Arabia, UAE, Egypt, Kuwait, South Africa, Rest of Middle East & Africa)
- Latin America (Brazil, Argentina, Rest of Latin America)
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