ESG consultancy Longevity Partners doubles its revenue
As demand for ESG advisory services continues to boom, Longevity Partners has doubled its revenues for the seventh year running. The news comes following a year of significant geographical and headcount growth.
Over the last decade, environmental, social and governance (ESG) issues have swiftly risen to the top of the boardroom agenda. As businesses pivot their business models and operations to meet these pressures, they are turning to ESG consultants for support.
Amid this spike in demand, Longevity Partners has invested heavily in its capacity – and is reaping the dividends.
The consultancy responded to the rapid growth in demand for ESG services with a threefold increase in its global team, including the appointment of nearly 100 new experts in the last 12 months, to support clients with projects in over 40 countries.
Etienne Cadestin, Founder and Global CEO of Longevity Partners, commented, “During the past twelve months, the corporate world has transformed the way it addresses ESG and responsible investment to tackle climate change… The entire property industry has awakened and leaders now understand the cost of inaction. They have a collective responsibility to ensure we meet the climate goals and secure a much more resilient society for future generations, and Longevity allows them to do that.”
Launched in 2015 to support businesses in the transition to a low carbon economy around the world, Longevity Partners is a multi-disciplinary energy and sustainability consultancy. Headquartered in London, the firm has a global roster of 98 staff, 54 of whom work in its UK office, serving clients including Blackrock, J.P. Morgan and CBRE.
Over the last year, its increased reach allowed it to boost turnover from £3.1 million to £6.5 million – with £3.6 million of this from the global consultancy’s UK operations. The firm does not plan on resting on its laurels, either, as Longevity Partners is aiming to continue its expansion rate in 2022, with plans to grow its global workforce to over 200 employees over the next 12 months.
Cadestin continued, “As a talent-focused company, we know that recruitment is key to maintaining our growth trajectory and quality. This is why we’ve invested in new offices around the world and supported our teams with world-leading continuous training… In just over six years, we have become the fastest growing ESG advisory business in the world, and to respond to client demand, we’re preparing to double again for the eighth consecutive year in 2022.”
This year, Longevity Partners plans to expand its services in green finance, infrastructure, and climate risk. It will also launch a new office in Tokyo.
According to data from Vendantix, the global ESG consulting market is expected to enjoy double-digit CAGR between 2022 and 2027, hitting revenues of $16 billion.
