TECH SUPPLIER Mar 2020 - Market Perspective - Doc # US46109120
Capitalizing on ESG — The Business Consulting Opportunity at the Intersection of Digital Transformation and Sustainability
This IDC Market Perspective provides an overview of the professional services opportunity around sustainable business transformation. As ESG is on the way of becoming mainstream, companies will increasingly require consulting services around sustainability, and the stakeholder-focused approach presented in this document can help consulting firms address the topic holistically and rethink their offerings. We present an example of digital and sustainable transformation intersecting in the case of ethics and AI. The document accompanies the 2020 IDC Directions roundtable topic "ESG and digital ethics."
"Sustainability is on the way to becoming a mainstream factor for business decisions and the way companies' enterprise values are being assessed," said Bjoern Stengel, senior research analyst, Business Consulting Services at IDC. "Professional services firms need to be able to help their clients address topics around ESG holistically, focusing on a variety of stakeholder groups in order for their clients to remain competitive and capitalize on the opportunities that present themselves at the intersection of digital transformation and sustainability."