Environmental, Social, and Governance (ESG) practices have become a top priority for businesses across India. With growing pressure from investors, regulators, and customers to adopt sustainable and ethical operations, companies are turning to ESG consulting firms to help navigate the complex landscape of ESG reporting, risk assessment, and sustainability transformation.
What Do ESG Consulting Firms Do?
ESG consulting firms help organizations assess and improve their environmental impact, social responsibility, and governance structures. Their services include:
- ESG risk assessment and gap analysis
- Sustainability strategy development
- ESG reporting as per SEBI, BRSR, GRI, SASB, and other frameworks
- Carbon footprint measurement and reduction planning
- Supply chain sustainability assessment
- ESG ratings improvement support
- ESG training and stakeholder engagement
By partnering with experienced ESG consultants, companies can improve compliance, attract investors, and drive positive change.
Top 10 ESG Consulting Firms in India
1. CarbonX Consulting
CarbonX Consulting stands out for its focused approach to ESG services in India. Their team specializes in building customized ESG frameworks, offering end-to-end solutions from assessment to reporting. CarbonX helps companies comply with India’s BRSR (Business Responsibility and Sustainability Report) requirements and align with global standards such as GRI, TCFD, and CDP.
Core Services:
- ESG Strategy and Policy Design
- ESG Metrics and Reporting
- Carbon Accounting and Net-Zero Roadmaps
- ESG Risk Analysis and Due Diligence
Their consulting model suits startups, SMEs, and large enterprises aiming to build or improve ESG compliance and performance.
2. KPMG India
KPMG is one of the Big Four firms globally and offers specialized ESG advisory services in India. Their team supports companies with ESG integration into corporate strategy, risk management, and compliance with global standards.
Strengths:
- Extensive global knowledge combined with local experience
- Support for ESG reporting and assurance
- Climate risk and decarbonization strategy
KPMG is best suited for large corporations with complex ESG needs.
3. EY India (Ernst & Young)
EY India helps businesses embed ESG across operations, supply chains, and investments. They offer ESG performance benchmarking, sustainability reporting, and ESG assurance services.
Why EY?
Their integrated approach combines regulatory understanding, digital tools, and strategic insights. EY also helps companies prepare for ESG-linked financial instruments and investor expectations.
4. DNV India
DNV is a global leader in assurance and sustainability. In India, they provide ESG strategy, sustainable finance services, climate change advisory, and ESG risk assessment for industries including energy, manufacturing, and healthcare.
Key Offerings:
- ESG maturity assessment
- Supply chain ESG compliance
- Third-party verification of ESG reports
DNV is known for its credibility and data-driven assessments.
5. PwC India
PwC offers ESG transformation services for organizations looking to move beyond compliance. Their consulting spans across ESG strategy development, value chain decarbonization, and sustainable business model innovation.
What Sets PwC Apart:
- Expertise in sector-specific ESG risks
- Assistance with ESG-linked bonds and green financing
- BRSR and non-financial reporting support
They work closely with boards and CXOs to align ESG goals with core business strategy.
6. ESGTech (by E&Y-backed Founders)
ESGTech is an emerging ESG consulting firm with a strong digital focus. It offers ESG software solutions, data collection tools, and analytics platforms along with advisory services.
Ideal For:
Tech-driven companies and mid-sized enterprises seeking scalable ESG tools combined with consulting.
Specialties:
- ESG data platforms
- AI-based sustainability monitoring
- Automated BRSR report generation
7. Thought Arbitrage Research Institute (TARI)
TARI is a unique ESG consultancy combining research and strategy. Their team works closely with regulatory bodies, policy think tanks, and corporations to build ESG roadmaps grounded in research.
Highlights:
- ESG research and impact analysis
- Policy advisory for ESG alignment
- BRSR and SDG mapping for Indian businesses
TARI is best for companies looking for academic and policy-aligned ESG strategies.
8. Sattva Consulting
Sattva is a social impact consulting firm offering ESG services to companies, investors, and development organizations. They focus on creating measurable social and environmental impact aligned with business goals.
Core Strengths:
- ESG strategy and CSR integration
- Stakeholder mapping and engagement
- Inclusive business model design
Sattva suits businesses aiming to link ESG with core purpose and impact.
9. Deloitte India
Deloitte provides sustainability and ESG consulting to help businesses comply with evolving regulations and stakeholder expectations. Their services include ESG materiality assessment, ESG due diligence for M&A, and climate risk analysis.
Why Deloitte?
Their deep industry knowledge and cross-functional teams help businesses develop ESG frameworks that are practical, measurable, and investor-ready.
10. Trucost (S&P Global)
Though not based in India, Trucost offers ESG analytics and data services to Indian companies. They support ESG risk scoring, carbon pricing, and regulatory compliance through robust data platforms.
Best For:
Large companies and investors needing ESG data-driven insights and ratings support.
How to Choose the Right ESG Consulting Firm
Here are a few factors to consider before selecting an ESG consulting partner:
- Industry Experience: Does the firm have a track record in your sector?
- Regulatory Knowledge: Are they up to date with SEBI, BRSR, and other mandatory frameworks?
- End-to-End Services: Can they assist with strategy, implementation, reporting, and training?
- Technology Integration: Do they offer ESG software or tools for streamlined reporting?
- Customization: Is their approach flexible and tailored to your business size and goals?
If you’re a growing Indian company or a global firm with Indian operations, CarbonX Consulting offers a strong balance of personalized service, deep regulatory expertise, and cost-effective ESG solutions. Explore their offerings at
Final Thoughts
The ESG landscape in India is evolving rapidly. Regulatory mandates like BRSR, growing investor interest in sustainability, and global climate goals have made ESG a business imperative.
Partnering with the right ESG consulting firm can not only help you meet compliance needs but also unlock long-term value, attract responsible investors, and build a brand that stakeholders trust. Whether you’re just starting your ESG journey or looking to scale, these top ESG consulting firms in India provide the guidance and expertise needed to succeed.
