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ERM NAMED AS A LEADER IN ESG AND SUSTAINABILITY CONSULTING BY INDEPENDENT
ANALYST FIRM

13 February 2024

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ERM, the world’s largest specialist sustainability consultancy, has been named
as an ESG and Sustainability Consulting Leader in new research from independent
analyst firm Verdantix.

The Green Quadrant: ESG and Sustainability Consulting 2024 report from Verdantix
provides a benchmark of the most prominent ESG and sustainability consulting
providers in the market. ERM features in the Leaders’ Quadrant and achieves the
highest score among all firms on the capabilities dimension of the assessment.



ERM was particularly commended for its operational transformation capabilities,
scoring highest among all firms in this category. The report highlights the
shift in the market to an era of implementation and notes ERM’s “strong
abilities across decarbonization, nature, water, circular economy, product
stewardship and supply chains”.

Verdantix also awarded ERM the highest score among firms measured in the ESG
financial advisory services category. It describes ERM’s “best-in-class ESG
financial advisory services” spanning areas including portfolio management, ESG
due diligence, the development of ESG debt frameworks and impact investing.

In addition, ERM received the joint highest score for the breadth and depth of
its ESG and sustainability offer. Verdantix notes the firm’s expertise across
sectors, and comments that “ERM is particularly well-suited to industries facing
severe sustainability and transition changes, such as energy, mining, technology
and chemicals.”

The report finds that the ESG and consulting market has grown substantially, in
terms of client demand and the number of firms offering services, over the last
two years. Verdantix attributes this growth to factors including regulatory
developments; the evolving priorities of customers, employees, and investors;
closer board scrutiny of ESG performance; competitive pressure; and an
increasing risk of litigation and reputational damage.

Tom Reichert, Group CEO at ERM said: “Companies across all sectors are focused
on delivering on their sustainability strategies and driving change at the pace
and scale needed. This new research from Verdantix provides businesses with an
invaluable guide to help them navigate and make better decisions in the rapidly
evolving ESG and sustainability consulting market.

“ERM is proud to feature in the Leaders’ Quadrant and achieve the highest scores
on the capabilities assessment. It’s fantastic recognition of the impact we have
helping our clients to integrate sustainability into their business strategies
and enhance sustainability performance in critical areas such as products and
supply chain.

“As the market continues to expand, we look forward to helping more
organizations tackle their sustainability challenges and drive competitive
advantage through sustainability transformation.”

Dr Priyanka Bawa, Senior Analyst, ESG & Sustainability at Verdantix said: “Our
research shows us that firms are updating their sustainability strategies and
balancing multiple priorities as they improve sustainability performance.
ESG-related regulations are putting substantial pressure on organizations
worldwide, as are changing stakeholder preferences and leadership vision.”

“Organizations are realizing that internal expertise and bandwidth are not
enough to navigate a quickly evolving sustainability landscape. Working with an
ESG and sustainability consulting partner can enable organizations to move
faster along their sustainability journeys and take advantage of best
practices.”

--------------------------------------------------------------------------------

Notes to Editors

Verdantix assessed 17 ESG and sustainability consulting providers using a
72-point questionnaire, two-hour live briefings, and interviews with more than
37 ESG and sustainability consulting clients across a variety of industries,
spanning finance and insurance, technology, retail and consumer goods, energy
and utilities, manufacturing, construction and mining. The resulting analysis is
based on the proprietary Verdantix Green Quadrant methodology, which is designed
to provide an evidence-based, objective assessment of vendors offering
comparable products or services.

--------------------------------------------------------------------------------

About ERM

Sustainability is our business.

As the largest global specialist sustainability consultancy, ERM partners with
the world’s leading organizations, creating innovative solutions to
sustainability challenges and unlocking commercial opportunities that meet the
needs of today while preserving opportunity for future generations.

ERM’s diverse team of 8,000+ world-class experts in over 150 offices in 40
countries and territories help clients drive sustainability at pace and scale
through combining strategic transformation and technical delivery capabilities.
ERM calls this its “boots to boardroom” approach - a comprehensive service model
that helps organizations to accelerate the integration of sustainability into
their strategy and operations. Learn more.


MEDIA CONTACT


Meryl Hanlon
Head of PR and Brand Communications, ERM
+44 (0) 7385 971303
meryl.hanlon@erm.com




--------------------------------------------------------------------------------


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