According to a recent market study published by Growth Market Reports, titled, “Global Sustainability Consulting Market by Service Type, by Application, by End-user, by Region: Size, Share, Trends and Opportunity Analysis, 2016-2031”, the market was valued at USD 7361.2 Million in 2022 and is expected to grow at a moderate growth rate of 16.6% by the year 2031.

As per Growth Market Reports industry analyst Akash Vedpathak, “Global Sustainability Consulting Market is anticipated to witness significant growth during the forecast period 2023-2031. Sustainability consulting services refers to a set of criteria and parameters used to evaluate a company's performance in terms of environmental impact. Sustainability focuses on achieving present needs without compromising the ability of future generations to meet their own needs.

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Key factors that are anticipated to fuel the demand for the global Sustainability Consulting market during the forecast period are growing awareness of sustainability among consumers and investors, environmental regulations, and technological advancements. Conversely, high cost, and in-house expertise may hamper the market growth of the sustainability consulting market. Growing demand for sustainability consulting services in emerging markets, and rising transition to net zero economy create opportunities in the market.

The primary, as well as secondary research methodology, is used for keen observation and study about Sustainability Consulting market. The primary research methodology involves commercial agreements made with the primary respondents as well as consulting partners to extract critical information pertaining to the syndicated as well as consulting projects. Primary interviews conducted with the stakeholders across industry verticals on regular intervals in line with the ongoing studies and to keep ourselves abreast with the latest market trends & developments. Validation of the estimated market size, current and future trends done from the key opinion leaders (KOLs). These KOLs are the CXO level people from leading companies in the industry and possess the experience of around 10-20 years in the industry. On the other-hand the secondary research methodology involves exhaustive desk research undertaken to understand the prevailing market trends & dynamics, market competition, customer insights and other KPIs. Company websites, their SEC filings, annual reports, broker & financial reports and investor presentations are scanned for understanding the competitive scenario, details and developments, and the overall competitive landscape. Regional government and statistical databases analyzed for macro & micro analysis. Research publications and paid data referred to obtain and validate the market estimations, budget, expenditure and other statistical insights.

The COVID-19 pandemic had a significant impact on sustainability consulting market. The pandemic crisis accelerated the recognition of sustainability and resilience as critical factors for businesses. Companies increasingly realized the need to integrate sustainable considerations into their operations to build resilience and mitigate future risks. This heightened focus on sustainability drove the demand for consulting services that help organizations assess their vulnerabilities, identify ESG-related risks, and develop strategies to enhance resilience.

Investor emphasis on sustainability remained steadfast during the pandemic. Institutional investors and asset managers recognized the importance of sustainable and resilient companies during times of volatility. Hence, there has been an increased demand for sustainability consulting services to help companies improve their sustainability practices, enhance disclosure practices, and meet investor expectations.

The pandemic accelerated the digital transformation of businesses. Consulting firms adapted to it by providing virtual sustainability consulting services, as remote working became the norm during the pandemic. Remote audits, online stakeholder engagements, and virtual sustainability consulting services became increasingly prevalent. This shift to digital operations presented new opportunities for consulting firms to continue serving their clients amidst the pandemic.

The pandemic also brought some challenges for the market. Some companies faced financial constraints and reprioritized their sustainability initiatives, which impacted the demand for consulting services. Budgetary constraints led to reduced or postponed engagements with consulting firms. Moreover, the pandemic disrupted the availability of resources and attention, diverting focus from sustainability priorities.

The crisis also highlighted the need for more robust and standardized sustainability reporting and disclosure practices. Stakeholders, including investors, regulators, and consumers, called for enhanced transparency and consistency in ESG reporting. Consulting firms played a vital role in helping companies navigate the evolving landscape of sustainability frameworks, reporting standards, and disclosure requirements. Overall, the COVID-19 pandemic presented challenges, although it also emphasized the importance of sustainability considerations.

Post COVID-19 pandemic, the global economic expansion has risen, fueled by industrial expansion. Moreover, investors are increasingly demanding that the companies they invest in have strong ESG credentials. This is driving the demand for sustainability services as companies seek to improve their ESG performance.

Key Takeaways from the Study:

  • In terms of service type, the auditing testing & verification segment accounted for a substantial share of the market in 2022 and is expected to expand at a substantial CAGR during the forecast period.

  • Based on application, the corporate sustainability segment accounted for a substantial share of the market in 2022 and is expected to expand at a substantial CAGR during the forecast period.

  • Based on end-user, the manufacturing & processing segment accounted for a substantial share of the market in 2022 and is expected to expand at a substantial CAGR during the forecast period.

Report Scope:

Report Metric


Market Value in 2022

US$ 7361.2 Million

Market Growth Rate (from 2016 to 2031)


Historical Data


Base Year


Forecast Period

2023 – 2031

Units Considered

Value (USD Million)

Market Segments

By Service Type, By Application, By End-user, By Region

Key Companies Profiled

Deloitte Touche Tohmatsu Limited, Ernst & Young Global Limited, KPMG International Limited, PwC, Accenture, McKinsey & Company, Boston Consulting Group, SGS Société Générale de Surveillance SA., TATA Consultancy Services Limited, Bain & Company, Inc., WSP, Ramboll, Roland Berger gmbh, L.E.K. Consulting, Sphera.

Customization Scope

Report customization available on request

Pricing and Purchase Options

Avail tailor-made purchase options to meet your research requirements.

Target Audience:

  • Supply-side: Sustainability Consulting Firms, Intermediaries

  • Demand Side: Government Agencies, Consulting Firms, Private Research and Development Firms, Equity Firms, and Investment Firms.