Posted by Johann Nacario — September 23, 2024 — Organizations have identified the decarbonization of their building portfolios as an urgent requirement if they are to meet their emission goals. As a result, consulting providers 
from diverse backgrounds are adapting and creating new offerings, to capture a share of this fast-growing market.
According to a new Verdantix benchmark report of the most prominent building decarbonization consulting providers, five firms — CBRE, JLL, Schneider Electric, Siemens and WSP — demonstrated the most comprehensive and evolved services for building decarbonization.
The pressure for organizations to decarbonize buildings is mounting, driven by the need to improve corporate performance, comply with evolving regulations, and reduce energy costs. However, the path to decarbonization is complex, requiring multi-faceted strategies to achieve timely, cost-effective and long-term results. With many organizations still in the early stages of decarbonization, consulting providers are addressing the challenge by developing expertise to meet surging market demand.
The inaugural Verdantix Green Quadrant: Building Decarbonization Consulting 2024 report offers valuable insights for navigating this diverse market and for selecting the best-fit consultancy partner for your business. Key report findings:
- Organizations are prioritizing scalable and efficient decarbonization initiatives that optimize return on investment (ROI), minimize capital expenditure, and support corporate ESG reporting.
- Building consulting providers are prioritizing digital services to collect granular data and identify easy wins for decarbonization. Innovations such as JLL’s Carbon Pathfinder help overcome data barriers at the asset level.
- To address technical expertise gaps when decarbonizing buildings, consultancy firms are developing partnerships, such as Johnson Controls with KPMG, and Arcadis with Honeywell. These partnerships offer comprehensive program management through combined strategy consulting and digital solutions.
Connor Taylor, senior analyst at Verdantix, commented:
Organizations are increasingly pressured to decarbonize to improve corporate performance, comply with regulations, and lower energy costs. This requires significant capital, operational expenditure and multi-pronged strategies. As most organizations are still early in their decarbonization journeys, consulting providers are adapting their capabilities to meet this increasing demand. With a highly heterogeneous consultancy market, offering a wide range of interventions and strategies, buyers are seeking providers based on their real estate portfolios, intervention efficacy, and available capital.
To learn more, purchase the full Verdantix Green Quadrant: Building Decarbonization Consulting 2024 report at Verdantix.
