Tech-enabled Sustainability Services 2023–2024 Market Insights™

November, 2023

This report identifies key demand-side trends in the tech-enabled sustainability services space to assist enterprises in their tech-enabled sustainability journeys. It provides an overview of key trends and enterprise challenges that Avasant considers important to highlight in the tech-enabled sustainability services space.

Why read this Market Insights?

Enterprises are integrating sustainability into core business operations due to increased regulatory disclosure requirements and pressure from internal and external stakeholders. Companies in the manufacturing, BFSI, retail and CPG, and utilities and resources industries are leading the adoption of sustainability services through projects in green IT, green financing, and sustainable product design. While cloud and automation have found their way into production sustainability projects, enterprises are still gauging the effectiveness of next-generation technologies such as Gen AI for tackling sustainability challenges.

The aids enterprises in identifying important market trends and challenges in their tech-enabled sustainability transformation projects.

Methodology

The industry insights presented in this report are based on our ongoing interactions with enterprise CXOs and other key executives; targeted discussions with service providers, subject matter experts, and Avasant Fellows; analyst insights from primary and secondary research; and lessons learned from consulting engagements.

Table of contents

About the report (Page 3)

Executive summary (Pages 4–7)

    • Defining tech-enabled sustainability services
    • Key enterprise
    • Avasant recognizes 18 top-tier providers supporting the enterprise adoption of tech-enabled sustainability services

Demand-side trends (Pages 813)

    • Stringent compliance requirements and stakeholder pressure are compelling enterprises to adopt holistic ESG reporting
    • Manufacturing, BFSI, retail and CPG, utilities and resources industries are the top adopters of sustainability services
    • Green IT software development and business strategy projects continue to have the lion’s share of sustainability engagements
    • The majority of enterprise sustainability engagements are currently in the proof of concept/pilot stage

Key contacts (Page 14)


Read the Research Byte based on this report.

Please refer to Avasant’s Tech-enabled Sustainability Services 2023-2024 RadarView™ for detailed insights on the service providers and supply-side trends.


 

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DISCLAIMER:

Avasant’s research and other publications are based on information from the best available sources and Avasant’s independent assessment and analysis at the time of publication. Avasant takes no responsibility and assumes no liability for any error/omission or the accuracy of information contained in its research publications. Avasant does not endorse any provider, product or service described in its RadarView™ publications or any other research publications that it makes available to its users, and does not advise users to select only those providers recognized in these publications. Avasant disclaims all warranties, expressed or implied, including any warranties of merchantability or fitness for a particular purpose. None of the graphics, descriptions, research, excerpts, samples or any other content provided in the report(s) or any of its research publications may be reprinted, reproduced, redistributed or used for any external commercial purpose without prior permission from Avasant, LLC. All rights are reserved by Avasant, LLC.

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