Climate Change Consulting Market, By Service Type (Carbon Footprint Assessment, Climate Risk Assessment, Sustainability Strategy Development, Compliance and Reporting, and Others), By End User (Energy and Utilities, Government and Public Sector, Manufacturing, Agriculture, Transportation, and Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)
In February 2024, WSP Global Inc., a Canda-based design and engineering consulting firm known for its commitment to sustainability, merged with a major engineering firm to enhance its climate change consulting capabilities. This strategic merger aims to bolster WSP's expertise in providing comprehensive climate solutions, enabling the company to better support clients in navigating the challenges of climate change. By integrating the capabilities of the acquired firm, WSP seeks to expand its service offerings and strengthen its position as a leader in the climate change consulting market, responding to the increasing demand for sustainable practices across various industries.
In June 2023, McKinsey & Company, a global management consulting firm renowned for its expertise in various industries, collaborated with several NGOs to develop sustainable practices in agriculture. This partnership aims to address the pressing challenges of climate change and resource management by promoting innovative agricultural techniques and sustainable farming methods. By leveraging the insights and resources of both McKinsey & Company and the NGOs, the initiative seeks to enhance the resilience of agricultural systems and support farmers in adopting environmentally friendly practices, ultimately contributing to a more sustainable future for the agricultural sector.
In October 2022, PwC, a global leader in professional services and consulting, launched a new suite of climate risk assessment tools designed for businesses. These tools aim to help organizations effectively evaluate and manage their exposure to climate-related risks, facilitating better decision-making in the face of climate change challenges. By providing robust methodologies for assessing physical climate risks, PwC seeks to empower companies to integrate sustainability into their strategic planning and operations, reinforcing its commitment to supporting businesses in navigating the complexities of climate impact and resilience.
In July 2022, Intertek Group PLC, a leading Total Quality Assurance provider for various industries worldwide, announced its acquisition of Clean Energy Associates LLC (CEA). CEA is a prominent independent provider of quality assurance, supply chain traceability, and technical services specifically tailored for the rapidly growing solar energy and energy storage sectors. This acquisition aligns with the increasing global demand for energy and the need for sustainable practices as the world strives to reduce greenhouse gas emissions and enhance energy production from diverse sources in the short, medium, and long term.