Advising firms on climate change is a booming business, but potential clients should scrutinise consultancies closely before they open their wallets and their ears, says a recent report.
The report from Verdantix, a business research firm, applies 74 evaluation criteria covering carbon footprints, carbon management strategy, corporate strategy for climate change, global carbon markets advisory and clean-tech consulting to help buyers compare the climate change offerings of 16 leading consulting firms including Deloitte, EcoSecurities, ERM, ICF, KPMG and McKinsey.
“In 2008, consulting firms expect to see growth of up 200 per cent from 2007 for advice on global carbon markets and renewable energy,” said Verdantix director and report author, David Metcalfe. “Demand for climate change advice is growing at a healthy rate of 25 per cent. Buyers are looking for proven environmental expertise with a business analysis edge. This combination poses a challenge for new players entering the climate change consulting market.” Read more
Source: Business Green
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