NEW YORK, NY, USA, XX February 2022 — Deloitte has been named a worldwide leader in ESG/Sustainability strategy services by the International Data Corporation (IDC). Deloitte is recognised as a leader based on their global end-to-end capabilities and deep expertise which enables them to be responsive to their client needs.
The IDC MarketScape: Worldwide ESG Strategy Services Vendor Assessment assesses the capabilities and business strategies of 17 prominent ESG/Sustainability strategy consulting services vendors. This evaluation is based on a comprehensive framework and a set of parameters expected to be most conducive to success in providing ESG/Sustainability strategy consultancy services.
“Deloitte is seen as excelling at adapting to changing needs of their clients while developing and implanting a large-scale sustainability strategy that is embedded across organisational groups,” says Dan Versace, IDC ESG Business Service Research Analyst and author of the report.
In defining the market, the IDC MarketScape states that “given the likely shift in market dynamics toward an environment where innovation-fuelled revenue growth becomes a more important strategic objective, many organisations will need to invest substantial sums in getting their technology, work practices, operating models and even business models transformed. For many organisations, a consultant with experience and capabilities in technology, people and organisational change can play an important role in creating and implementing a strategy for the future.”
“Climate change is a key concern for C-suite leaders and they feel a sense of urgency to take action,” says Jennifer Steinmann, Deloitte Global Sustainability & Climate Practice Leader. “According to our 2023 CxO Sustainability Report, 75% of CxOs said their organisations have increased their sustainability investments over the past year and when asked to rank the issues most pressing to their organisations, climate change ranked as a top three issue, ahead of innovation, competition for talent and supply chain challenges.”
According to the vendor inclusion criteria, those vendors selected had what in IDC's view were the most robust end-to-end global capabilities, accompanied by substantial business consulting and IT consulting capabilities and were characterised by a balanced geographic distribution of revenue such that no single macroregion (Americas, Europe, the Middle East and Africa [EMEA], and Asia/Pacific) accounted for two-thirds or more of the vendor's combined worldwide IT and business consulting revenue.
“Climate technology will play a critical role in the race to decarbonise,” says Marcus Goetz, Deloitte Global Sustainability & Climate Assets & Alliances Marketplace Leader. “At Deloitte, we are focussed on harnessing the full potential of technology – whether that is hard technology, software as a solution, or emerging technologies like artificial intelligence, satellite and metaverse innovation. We have developed products and services to help our clients reduce their carbon footprints, manage the risks of transitioning to net-zero and integrate environmental, social and governance (ESG) and climate criteria into their investment decisions.”
Additional findings
“Building upon decades of sustainability and climate client service, Deloitte has assembled one of the largest global networks of sustainability experience”, says Steinmann. “We believe a better future is possible and through our breadth and depth of services and capabilities, Deloitte has an important role to play in guiding organisations through their sustainable transformation journeys.”
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Deloitte's Sustainability & Climate practice provides clients with a holistic set of offerings and solutions to help accelerate their journeys to a more sustainable future. In September 2022, Deloitte launched a globally coordinated learning programme to help empower professionals to serve as agents of change on sustainability and climate issues. The programme also offered learning and development opportunities to Deloitte’s client and supplier network to drive collaboration and collective action.
Deloitte also regularly releases market-leading research through the Deloitte Center for Sustainable Progress to help organisations and policymakers form an in-depth understanding of the most pressing climate issues by bringing together thought leaders, industry experts and client service professionals focussed on sustainable solutions.
For more about Deloitte Analyst Relations, please visit our Analyst Recognitions page.
The insights provided are part of the IDC MarketScape Excerpt, which is an extraction from the original IDC MarketScape assessment. Per IDC policy, only the Vendor Summary Profile for the purchasing vendor will be included in a given IDC MarketScape Excerpt. To gain access to the profiles for all suppliers included in the assessment, contact IDC.
About IDC
IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilises a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.
About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited (DTTL), its global network of member firms, and their related entities (collectively, the “Deloitte organization”). DTTL (also referred to as “Deloitte Global”) and each of its member firms and related entities are legally separate and independent entities, which cannot obligate or bind each other in respect of third parties. DTTL and each DTTL member firm and related entity is liable only for its own acts and omissions, and not those of each other. DTTL does not provide services to clients. Please see www.deloitte.com/about to learn more.
Deloitte provides industry-leading audit and assurance, tax and legal, consulting, financial advisory, and risk advisory services to nearly 90% of the Fortune Global 500® and thousands of private companies. Our people deliver measurable and lasting results that help reinforce public trust in capital markets, enable clients to transform and thrive, and lead the way toward a stronger economy, a more equitable society, and a sustainable world. Building on its 175-plus year history, Deloitte spans more than 150 countries and territories. Learn how Deloitte’s approximately 457,000 people worldwide make an impact that matters at www.deloitte.com.