Sustainability is no longer just a trend; it’s a necessity for businesses worldwide. In the USA, many companies turn to sustainability consulting firms to guide them in reducing their carbon footprint and embracing environmental, social, and governance (ESG) practices.
These firms offer critical advisory services, helping businesses comply with regulations, adopt sustainable finance models, and create long-term environmental strategies. In this article, we’ll explore the top 10 sustainability consulting firms in 2024, highlighting their contributions and why they stand out in the industry.
PwC (PricewaterhouseCoopers)
PricewaterhouseCoopers (PwC) is one of the largest professional services firms globally. PwC provides a wide range of sustainability advisory services, assisting companies in achieving corporate sustainability goals.
Their sustainability team focuses on environmental consulting, offering help in ESG services like risk advisory, regulatory compliance, and sustainable finance. PwC also works on carbon footprint reduction through advanced digital strategy solutions.
One of their standout initiatives is their collaboration with SAP to develop systems that help companies manage ESG consulting and reporting. PwC’s expertise in auditing services makes them a leader in helping businesses measure and track their environmental impact.
Service | PwC’s Specialization |
Risk Advisory | ESG and sustainability risk management |
Regulatory Compliance | Helping businesses meet environmental regulations |
Digital Strategy | Advanced digital solutions for ESG reporting |
Accenture
Accenture is another global consulting leader, known for helping companies integrate sustainability into their operations. They offer sustainability consulting in areas like business strategy, organisational transformation, and corporate sustainability. Accenture’s ESG services cover strategy consulting, supply chain decarbonization, and resource optimization.
In recent years, Accenture launched several sustainable consultancy programs aimed at helping businesses move towards net zero. Their focus on leveraging technology to create sustainable growth is one reason they remain a top choice. Accenture is particularly strong in areas like business consulting, growth strategy, and business coalition building, all while ensuring regulatory and litigation support.
Deloitte
Deloitte has long been recognized for its expertise in management consulting and business operations. Recently, they expanded their focus on corporate sustainability, offering services like ESG consulting and business advisory. Deloitte’s GreenSpace Tech program helps businesses integrate sustainable technologies into their overall strategy.
In addition to their audit services, Deloitte specializes in financial consulting for sustainability projects. They are known for advising businesses on regulatory consulting and sustainable finance solutions, helping clients balance profit and environmental responsibility. This firm also leads in strategy consulting, aiding businesses in making organisational transformation decisions based on long-term sustainability goals.
FTI Consulting
FTI Consulting stands out for its work in business consulting and regulatory consulting. Their expertise in ESG services is invaluable for businesses looking to manage environmental, social, and governance risks.
They offer comprehensive advisory services that help companies navigate regulatory landscapes and improve sustainability reporting. FTI Consulting is highly regarded for its work in litigation support and financial consulting within the sustainability sector.
They provide tailored business advisory solutions, ensuring businesses can meet both regulatory standards and stakeholder expectations. Their global network allows them to support companies operating in various industries and regions.
Bain & Company
Bain & Company is well-known for its strategic approach to business advisory and management consulting. Their sustainability consulting services focus on embedding sustainable finance and operational strategies into core business functions. Bain helps businesses implement comprehensive corporate sustainability plans that align with global ESG consulting standards.
In addition to portfolio management, Bain specializes in business strategy that prioritizes sustainability, making it one of the top sustainability advisors in the USA. They also provide advisory services on supply chain management, helping companies achieve long-term growth while adhering to sustainable practices.
KPMG
KPMG is a global leader in audit services and financial consulting, with a significant focus on sustainability. Their business advisory division offers solutions in environmental consulting, regulatory compliance, and sustainable finance.
KPMG’s risk advisory services are also highly sought after, helping businesses anticipate and mitigate ESG risks. The firm’s biannual regulatory barometer helps clients stay informed about changing environmental, social governance regulations in the USA and the EU.
KPMG also plays a major role in business coalition efforts, helping companies work together to solve larger sustainability challenges.
KPMG Service | Specialization |
Audit Services | ESG compliance audits |
Risk Advisory | ESG and sustainability risk mitigation |
Business Advisory | Corporate sustainability and growth strategy |
McKinsey & Company
McKinsey & Company is widely recognized for its role in global consulting. They have been instrumental in guiding businesses toward a net zero future through their sustainability consulting services.
McKinsey’s Sustainability Academy offers clients the tools and training necessary to integrate sustainability into their everyday operations. One of McKinsey’s standout initiatives is its Frontier Fund, aimed at supporting carbon reduction innovations in partnership with leading tech companies.
McKinsey’s commitment to ESG consulting is also reflected in their work on organizational transformation, strategy consulting, and business operations. They help businesses create scalable, sustainable solutions.
Boston Consulting Group (BCG)
Boston Consulting Group (BCG) is known for its data-driven approach to sustainability consulting. BCG focuses on helping businesses achieve sustainability through technological innovations and strategy consulting. They are heavily involved in global environmental initiatives, such as the Global Plastics Treaty, which seeks to address plastic waste reduction.
BCG’s expertise extends into corporate sustainability, advising clients on how to adopt sustainable practices while maintaining business growth. They help companies navigate complex regulatory frameworks and implement comprehensive sustainability strategies that are both impactful and profitable.
ERM (Environmental Resources Management)
ERM is one of the most well-known environmental consulting firms in the world. They specialize in ESG services, corporate sustainability, and environmental risk management. ERM’s Net Zero Accelerator helps companies accelerate their journey toward carbon neutrality. Their business advisory services also focus on long-term sustainability goals that align with global environmental standards.
ERM stands out for its ability to combine environmental knowledge with business consulting strategies. Their sustainable consultancy solutions are tailored to meet the unique needs of each client, making them a top choice for companies looking to implement corporate sustainability initiatives.
EY (Ernst & Young)
EY (Ernst & Young) is another major player in the professional services industry, offering a range of sustainability consulting services. EY’s collaboration with IBM on ESG solutions has made them a leader in the tech-driven side of sustainability.
They help businesses integrate sustainability into their overall business operations, ensuring compliance with environmental, and social governance standards. EY’s focus on digital strategy and regulatory consulting makes it a valuable partner for businesses seeking to align with global sustainability standards.
Their approach to sustainable finance helps clients find ways to finance their environmental initiatives without sacrificing profitability.
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Conclusion
In 2024, sustainability is essential for businesses across all industries. These top 10 sustainability consulting firms provide the tools and expertise companies need to thrive in an environmentally responsible way.
From ESG consulting to corporate sustainability, these firms offer comprehensive services that ensure businesses can adapt to changing environmental regulations while staying profitable. Whether you need help with regulatory compliance, business strategy, or organizational transformation, these firms are leading the charge toward a more sustainable future.