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ESG Advisory Market Estimated to Surpass USD 135.90 Billion by 2034 | CAGR: 24.80%
The newly published market research report by Polaris Market Research, titled ESG Advisory Market Size, Share, & Industry Analysis Report: By Type (Environmental Advisory, Social Responsibility Advisory), By Application, By Industry, By Size, and By Region – Market Forecast, 2025–2034, offers an in-depth examination of the highly dynamic sector. It provides a holistic view of the market’s current state, including size, share, and competitive landscape. Additionally, it reveals the factors that will influence its future trajectory. The report includes segmentation, regional breakdowns, and technological assessments to help readers identify emerging trends, growth opportunities, and key risks. It combines primary interviews, secondary data sources, and expert analysis, serving as a strategic guide for industry stakeholders, investors, policymakers, and market entrants. Whether you are entering the market, expanding operations, or monitoring competitive shifts, this report is a valuable tool for understanding how the ESG Advisory Market is positioned today and where it is headed in the coming years.
What is ESG Advisory Market?
The ESG (Environmental, Social, and Governance) advisory market offers strategic guidance to organizations on sustainable and ethical practices. Rising investor focus on ESG compliance and regulatory frameworks is driving market demand. Advisors assist with sustainability reporting, risk assessment, and corporate governance improvement. ESG factors are increasingly tied to financial performance and brand reputation. Industries like finance, energy, and manufacturing are key adopters. Market players include consulting firms, legal experts, and data analytics providers. Technology integration in ESG tracking is a growing trend. The market is evolving with stricter disclosure requirements and stakeholder expectations.
What Are Key Market Statistics?
The global ESG advisory market is currently valued at USD 14.89 billion in 2024 and is projected to reach approximately USD 135.90 billion by 2034, according to a recent report by Polaris Market Research. The market is anticipated to grow at a remarkable CAGR of 24.80% from 2025 to 2034. This rapid expansion is fueled by the rising prominence of sustainable and responsible investing, growing emphasis on diversity, equity, and inclusion (DEI), and the increasing pressure from regulatory bodies to adopt mandatory ESG reporting standards. These factors collectively underscore the growing importance of ESG advisory services across global industries.
What Are the Key Forces Shaping the Market Landscape?
Understanding the forces that influence the growth, direction, and transformation of the market is essential for strategic planning and forecasting. This section provides a detailed evaluation of all key factors shaping the ESG Advisory Market landscape.
These include:
- Regulatory frameworks mandating transparent ESG disclosures and risk reporting.
- Growing investor preference for sustainable and responsible investment portfolios.
- Corporate need to implement decarbonization and climate resilience strategies.
- Rapid growth of ESG analytics tools and consulting service offerings.
𝐆𝐞𝐭 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.polarismarketresearch.com/industry-analysis/esg-advisory-market/request-for-sample
Who Are the Leading Market Players?
The report provides a comprehensive assessment of the competitive landscape in the ESG Advisory Market, highlighting key market players, their market strategies, product/service portfolios, and recent developments. It outlines market concentration, the relative positioning of companies, and the degree of competitive intensity. Mergers and acquisitions, partnerships, expansions, technological innovations, and other strategic moves are covered to help readers understand how companies are responding to evolving market dynamics. This section typically includes company profiles, SWOT analyses, and market share information, providing stakeholders with a detailed view of the competitive landscape.
- Bain & Company, Inc.
- Boston Consulting Group
- Deloitte Touche Tohmatsu Limited
- Ernst & Young Global Limited
- McKinsey & Company
- MSCI Inc.
- Nexio Projects
- PwC
- Sustainalytics
- The ERM International Group Limited
The ESG advisory market is experiencing robust growth as sustainable finance gains prominence, driven by increasing regulatory pressure, investor demand for transparency, and corporate commitments to environmental and social responsibility. Financial institutions, asset managers, and corporations are increasingly relying on ESG advisory firms to navigate complex sustainability frameworks, reporting standards, and risk assessments. Industry dynamics are shaped by evolving regulations such as the EU’s SFDR, U.S. SEC proposals, and global ESG disclosure trends, prompting firms to enhance data analytics, impact measurement, and ESG integration strategies. The market is also witnessing consolidation, with larger consulting and financial firms acquiring niche ESG players to expand their service offerings and capture growing demand across sectors.
Urbanization and Evolving Consumer Lifestyles:
Rapid urbanization and shifting consumer behavior are creating a heightened demand for efficient and scalable solutions. The report examines how increasing urban populations and rising disposable incomes are influencing consumption patterns and encouraging the adoption of next-generation products and services. It also examines how companies are tailoring their offerings to meet the specific needs of urban dwellers.
Supportive Regulatory and Policy Environment:
Government interventions and regulatory frameworks play a pivotal role in shaping market dynamics. The report assesses the impact of supportive policies, investment incentives, and streamlined licensing procedures on market expansion. It also considers how global and regional regulations are driving the pursuit of standardization, safety, and innovation, thereby fostering a more competitive and investor-friendly environment.
- SEC’s proposed rules on climate-related disclosures drive corporate demand for ESG advisory services.
- Global alignment efforts with standards such as ISSB and TCFD are influencing U.S. companies to integrate ESG frameworks.
How Is the Market Structured Across Different Segments?
This report provides a comprehensive segmentation of the ESG Advisory Market. It offers an in-depth breakdown across multiple segments, including By Type (Environmental Advisory, Social Responsibility Advisory), By Application, By Industry, By Size. Each segment has been thoroughly analyzed to assess its contribution to overall market value, current adoption levels, historical performance, and expected growth trajectory over the forecast period. The market segmentation aims to uncover specific growth pockets and demand centers. That way, stakeholders can better understand which categories are expanding, which are maturing, and which may be emerging in response to shifting market conditions. By examining each segment through both quantitative metrics and qualitative insights, the report equips readers with actionable intelligence. The structured approach helps businesses assess segment attractiveness, prioritize resource allocation, and develop tailored strategies for product development and geographic expansion.
ESG Advisory Market, Type Outlook (Revenue - USD Billion, 2020-2034)
- Environmental Advisory
- Social Responsibility Advisory
- Governance & Ethics Advisory
- ESG Reporting & Disclosure
ESG Advisory Market, Industry Outlook (Revenue - USD Billion, 2020-2034)
- Energy & Utilities
- Manufacturing
- Financial Services
- Technology
- Healthcare
ESG Advisory Market, Application Outlook (Revenue - USD Billion, 2020-2034)
- Strategy Development & Integration
- Compliance & Risk Management
- Reporting & Transparency
- Stakeholder Engagement
ESG Advisory Market, Size Outlook (Revenue - USD Billion, 2020-2034)
- Large Enterprises
- Medium Businesses
- Small Businesses
𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐓𝐡𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐂𝐨𝐦𝐩𝐫𝐞𝐡𝐞𝐧𝐬𝐢𝐯𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐇𝐞𝐫𝐞:
https://www.polarismarketresearch.com/industry-analysis/esg-advisory-market
What External Factors Influence the Market Environment?
The report includes a comprehensive PESTEL analysis to examine the macro-environmental factors influencing the ESG Advisory Market across different regions. This framework assesses the political, economic, social, technological, environmental, and legal factors that collectively influence market conditions and strategic decision-making. Political factors consider the impact of trade policies, taxation, and international relations on market access and operational risk. Economic aspects cover factors that affect purchasing power, production costs, and investment flows. Social trends have been analyzed to understand evolving demand patterns. Technological factors assess the pace of innovation, R&D activity, automation, and the adoption of new platforms or production methods. Environmental considerations, including climate change regulations, resource availability, and eco-conscious practices, are increasingly influencing business strategies. Lastly, the Legal dimension examines regulatory frameworks, compliance requirements, and intellectual property laws that govern market participation.
How Do Different Regions Impact Market Growth and Opportunities?
The report provides a comprehensive regional outlook, examining how geographic variations influence the ESG Advisory Market dynamics across major global regions. This section provides an in-depth assessment of key regions, highlighting differences in market maturity, regulatory environments, consumer behavior, economic development, and industrial activity. For each region, the report examines macroeconomic indicators to assess the underlying market readiness. It also explores region-specific policies, trade agreements, and government initiatives that influence demand, manufacturing practices, and import/export activities. The analysis evaluates competitive intensity within each region by profiling the presence of leading companies and emerging local players. This granular perspective enables businesses to identify high-growth territories and align their go-to-market plans with local dynamics.
What is the Market Report Scope?
The report begins by establishing the foundational context of the ESG Advisory Market. It outlines the relevance of the market within the broader economic and industrial landscape. This section also outlines the study's objectives, target audience, data sources, and research methodology, encompassing both primary and secondary research techniques. The scope of the report covers historic data trends, base year analysis, and forward-looking forecasts. It further clarifies the market boundaries in terms of geography, solution types, applications, and end-users that will be explored in the following sections.
About Polaris Market Research
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby empowering them to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we strive to deliver value-added business solutions tailored to our clients’ strategic goals.
E-mail Id:sales@polarismarketresearch.com
Website: www.polarismarketresearch.com
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