BCG Named a Worldwide Leader in ESG/Sustainability Strategy Consulting Services by IDC MarketScape

BOSTON—Boston Consulting Group (BCG) was named a Leader in the IDC MarketScape: Worldwide ESG/Sustainability Strategy Consulting Services 2023 Vendor Assessment (Doc # US49044922, February 2023). “BCG’s capabilities in addressing the intersections of environmental and societal issues allows the company to deploy solutions that will encompass the holistic nature of corporate sustainability,” the report said.

Based on IDC analysis and customer feedback, the report evaluated the capabilities and business strategies of 16 business consulting firms’ ESG strategy-related offerings. Participating vendors were placed in either the Leaders Category or the Major Players Category. Based on the evaluation, BCG was placed in the Leaders Category.

“We are proud to be recognized by the IDC MarketScape as a Leader in ESG/sustainability strategy consulting services,” said Hubertus Meinecke, managing director and senior partner, and BCG’s global leader of Climate and Sustainability. “More and more companies are setting bold commitments to improve ESG performance. At BCG, we work with clients to help them harness the power of sustainability as a driver of competitive advantage, and to turn their ESG pledges into action.”

According to the report, BCG’s strengths include:

  • Capabilities in addressing the intersections of environmental and societal issues, allowing the firm to deploy solutions that encompass the holistic nature of corporate sustainability
  • A strong partner ecosystem that can be leveraged to address issues across sectors and geographies for organizations at any stage of ESG maturity
  • A robust suite of technology solutions with key capabilities in decarbonization stretching all the way to Scope 3 emissions, enabling the firm to develop strategies for a low- or net-zero carbon future in the face of growing calls for mandated reporting

“With its strong capabilities in CO2e mitigation, climate risk, materiality assessments, and a growing social pillar platform, BCG will perform well for clients that are at any stage of their sustainability transformation,” the report stated.

This research includes analysis of the five largest business consulting firms, based on their worldwide revenue in IDC’s Services Tracker, and additional firms with broad portfolios spanning the different business consulting domains identified in IDC’s services taxonomy.

Access the IDC MarketScape excerpt report here.

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About IDC MarketScape

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 utilizes 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.