Deloitte Strikes Green and Hopes for Gold

Yet another blue chip US management services firm has decided to acquire its way into the sustainability services marketplace.

Deloitte announced today in a press release that it had obtained the rights and services of two boutique, yet respected sustainability consulting firms, DOMANI Sustainability Consulting, LLC and ClearCarbon Consulting, Inc.

Some interesting highlights from the release:

“Deloitte has identified the sustainability services market as a key growth area,” said Jessica Blume, national managing principal, research and innovation, Deloitte LLP. “As an emerging offering, the acquisitions of ClearCarbon and DOMANI will further strengthen Deloitte’s ability to help clients drive value, mitigate business risk, and drive growth, efficiency and innovation through improved environmental, social and financial performance.”

“ClearCarbon and DOMANI bring a suite of capabilities to Deloitte that will complement and enhance our current sustainability offerings,” said Chris Park, principal, Deloitte Consulting LLP, and national leader of Deloitte’s sustainability services. “Both organizations bring a strong track record of advising large, complex organizations on a range of sustainability-related issues, helping them unlock value and mitigate risks across their organizations and throughout their supply chains. We welcome our new colleagues and look forward to bringing our enhanced capabilities to our clients.”

Earlier this year, Deloitte joined Ernst & Young LLP, KPMG and PwC U.S to support a GRI office in New York City. The consolidation of corporate sustainability services continues to accelerate, and it will be interesting so how this will effect the work of nonprofit consultancies like BSR and other smaller NGOs.