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Top 100 analysis: Fastest growth rates driven by M&A and integrated delivery

Environment Analyst’s Top 100 report reveals the latest trends and movements in the global ranking of environmental and sustainability (E&S) consultancy businesses, and shows that the industry remains fragmented with top slots held by majors WSP, AECOM, Tetra Tech and Jacobs.

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Sustainability/ESG

COP29 will determine key components for Loss and Damage fund

Environmental consultants could play a pivotal role in funded projects, but developed country financing pledges have fallen through before.

Golden Gate Bridge
Policy & legislation

California’s climate acts start countdown on emissions measurement

The US state’s far reaching disclosure requirements present both challenges and opportunities. Consultants are urging companies to tackle their implications as soon as possible.

Hydrogen
Energy

Strict conditions could limit gains from US tax breaks for hydrogen

Biden’s ‘45V’ tax credits for clean hydrogen production are dividing the industry, with relief at the commitment to net zero being offset by concerns that the conditions may limit development.

Logo - Trinity Consultants2021
Business

Treble acquisition broadens Trinity’s services

Dallas-headquartered consultancy has purchased a trio of specialists companies in the fields of water and ecology and acoustic consultancy, adding over 300 staff. 

Sustainability/ESG

ESG commitment ‘cooling’ in a troubled world

Studies find almost a third of companies disclosed not using any renewable energy and only 10% had a renewable energy target, while net zero target date is being pushed to the right.

Biodiversity

‘Nature knows best’ for infrastructure

Nature-based solutions can protect communities from climate change, restore biodiversity, and create more resilient economies.

Worley Consulting logo
Business

Advisian becomes Worley Consulting

The change comes as part of a global rebranding exercise for the Australian engineering major, designed to reflect its focus on sustainability.

Stantec logo
Business

Stantec releases three-year strategic plan

Global engineering, design and sustainability company commits to an ambitious growth plan with a focus on climate, communities and technology.

Logo - AFRY
Business

AFRY expands nuclear expertise 

Acquisition supports AFRY’s strategy to scale globally in decarbonisation and to enhance its capabilities in the nuclear sector.

COP28 Buildings Breakthrough team
Energy

COP28: Global push for near-zero emission buildings

Twenty-eight nations, including the US and China, have pledged their commitment to the ´Buildings Breakthrough´ as launched on day seven of the international climate meeting.

Digital

Adapting to tomorrow’s environmental solutions via M&A

How the race towards digital enablement and ESG advisory capabilities to offer ‘total sustainability solutions’ is shaping the industry’s strategic approach to acquisitions.

Green finance
Business

Global majors reveal strong results on enhanced sustainability advisory focus

Environment & new energy business helps drive AECOM's record backlog. Jacobs firms up spin-out deal to concentrate on high-end climate & sustainable infrastructure solutions. Both confident in FY24 expectations.

General - offshore wind - ©Vatenfall
Energy

Biden’s offshore wind ambition threatened by project cancellations

The US offshore wind market faces further project cancellations, reducing confidence in clean energy and net zero targets, as global interest rates soar and supply chains struggle. 

General - Deforestation
Climate & carbon

Brazil launches ambitious green plan

Plan includes a regulated carbon market, the issuing of sustainable sovereign bonds and a national taxonomy focused on sustainability, as Brazil looks forward to hosting COP30 in two years.

AI image from Wikimedia Commons
Digital

Pentatonic launches AI-based green law tracker

AI-enabled tool clarifies legal obligations across the world and helps companies to create implementation plans. 

Logo - Montrose Environmental
Sustainability/ESG

Raising the bar: Montrose expands sustainability commitment

Jami Patrick, VP sustainability and climate advisory, reveals the thinking behind Montrose's expanded reporting scope, its 2040 net zero target, and broader sustainability mission.

Flags - Australia
Business

RSK acquires Australia’s largest heritage specialist

Project management capability, scale and geographic reach were the deciding factors in the acquisition.

General - Smart grid
Energy

Tackling energy transition bottlenecks key to net zero says McKinsey

Report models supply and demand of energy commodities across a 1.5°C pathway for four energy transition scenarios.

WWF logo
Digital

Atos and WWF join forces in tech-for-nature mission

Nature charity sees potential of digital solutions for helping achieve its conservation objectives.

Sustainability/ESG

Kearney turns to non-profit organisation for sustainability expertise

Partnership with WCF is intended to enhance Kearney’s services relating to regenerative agriculture, the energy transition, sustainable mobility and supply chains.

Dubai skylines
Business

Terra Nexus consultancy launches in UAE

Company will offer environmental impact assessment, planning, design, ecological, and waste management services, for the built environment and infrastructure.

carbon offset report image
Sustainability/ESG

VCMI promotes take-up of ‘honest and transparent’ approach to carbon credits

Bain & Company, Boston Consulting Group (BCG), Better Drinks, Sendle and Natura are among early adopters of best practice.

Tropical forest, via Wikimedia Commons
Climate & carbon

Verra vows to ‘clean up’ forest carbon credits

Move follows accusations of greenwashing made against large companies, based on their use of carbon offsets.

General - Brown-Moss-Nature-Reserve-Shropshire
Biodiversity

EU close to agreement on large-scale nature protection laws

Provisions include an “emergency brake”, so that targets could be suspended if they threatened to reduce agricultural land in a crisis.

climate change brownfield
Climate & carbon

Climate conference catalyses pre-COP commitments

Global stocktake of progress on net zero, sign off of loss and damage fund, and meaningful final statement will count as successes.

Logo - Arcadis'
Business

Arcadis releases ambitious new three-year strategy

Reducing scopes 1 and 2 emissions by 70% in the next three years and ensuring more than 40% of its workforce are women are among its targets.

shutterstock_2284130793 private equity
Business

PE’s pivotal role in the environmental & sustainability consulting boom

An examination of why E&S consultancy is attracting growing interest from private equity investors and how financial partnership models can be transformative.

COP28 logo
Climate & carbon

US-China agreement sends positive signal for COP28

Analysis: Despite the influence of the O&G industry, nature and the energy transition should expect big boosts from this year's global climate summit — especially with the two superpowers now in alignment.

Energy

Conference spells out obstacles to the energy transition

Permitting, grid infrastructure, skills shortages, market reform and social justice were among the priorities identified at Energy Transition Europe 2023.