PUBLISHER: The Business Research Company | PRODUCT CODE: 1675234
PUBLISHER: The Business Research Company | PRODUCT CODE: 1675234
Environmental management involves monitoring and predicting environmental changes while striving to optimize human benefits while minimizing environmental degradation from human activities. Compliance due diligence, on the other hand, entails a thorough investigation of a company's adherence to governmental and non-governmental regulations.
Services in this realm encompass environmental management, compliance, and due diligence. An Environmental Management System (EMS) comprises systems and practices enabling companies to reduce their environmental impact and enhance operational efficiency. This site caters to small enterprises, the private sector, and governmental entities, offering information and resources related to EMS. Applications span across various sectors such as government, utilities, and others, serving industries such as mining, manufacturing, energy, infrastructure, and more.
The environment management, compliance and due diligence market research report is one of a series of new reports from The Business Research Company that provides environment management, compliance and due diligence market statistics, including environment management, compliance, and due diligence industry global market size, regional shares, competitors with a environment management, compliance and due diligence market share, detailed environment management, compliance and due diligence market segments, market trends and opportunities, and any further data you may need to thrive in the environment management, compliance, and due diligence industry. This environment management, compliance and due diligence market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The environment management, compliance and due diligence market size has grown strongly in recent years. It will grow from $9.18 billion in 2024 to $9.7 billion in 2025 at a compound annual growth rate (CAGR) of 5.7%. The growth in the historic period can be attributed to rise in green initiatives, evolution of sustainability practices, landmark environmental policies, disaster incidents and consequences, corporate social responsibility (CSR).
The environment management, compliance and due diligence market size is expected to see strong growth in the next few years. It will grow to $12.56 billion in 2029 at a compound annual growth rate (CAGR) of 6.7%. The growth in the forecast period can be attributed to digital transformation, focus on circular economy, regulatory evolution, esg integration in investments, AI and predictive analytics, global supply chain transparency. Major trends in the forecast period include public awareness and stakeholder pressure, regulatory stringency, corporate sustainability initiatives, risk mitigation and due diligence, supply chain sustainability.
The environmental management, compliance, and due diligence market are anticipated to experience growth, driven by the increasing levels of air pollution. Air pollution, caused by both human-made and natural sources, poses threats to human, animal, and plant health. To mitigate this issue, environmental management, compliance, and due diligence practices play a crucial role by identifying potential environmental risks and ensuring adherence to relevant laws and regulations. In 2022, the Pan American Health Organization reported that 99% of the global population breathes air exceeding WHO air quality limits, underscoring the health risks associated with air pollution. This situation emphasizes the importance of environmental management practices, contributing to the growth of this market.
Growing global concerns regarding environmental safety have further fueled the expansion of the environmental management, compliance, and due diligence services market. Increasing public awareness of environmental threats and the rising demands placed on the environment due to population growth are driving the need for environmental scientists and specialists. According to the U.S. Bureau of Labor Statistics, the employment of environmental scientists and specialists is expected to grow by 8% from 2019 to 2029, exceeding the average for all occupations. The market is propelled by the heightened interest in environmental issues, and as a result, the demand for services related to environmental management, compliance, and due diligence is expected to rise significantly.
Leading companies in the environmental management, compliance, and due diligence sectors are creating innovative solutions such as the Daily Screening System and customizable ESG scores. The Daily Screening System is an AI-enhanced tool, curated by humans, that reviews over 2,000,000 documents daily from 100,000 sources in 23 languages. It identifies ESG-related risks by analyzing vast amounts of global data, ensuring prompt and accurate detection of incidents across various industries. Customizable ESG Scores offer personalized assessments of environmental, social, and governance risks rated on a scale of 0 to 100. These scores enable companies and investors to prioritize specific ESG risks, facilitating a tailored approach to compliance management based on individual requirements. For example, in June 2024, RepRisk, a Switzerland-based ESG data science company, introduced its new Due Diligence Scores solution. This tool assists businesses and investors in meeting increasing regulatory requirements, such as the EU's Corporate Sustainability Due Diligence Directive (CSDDD), by delivering detailed and timely data on ESG-related risks. Its primary goal is to provide disaggregated ESG scores, enabling companies to pinpoint specific risks like biodiversity and human rights, thus allowing for more focused and effective risk management and compliance strategies.
The introduction of carbon footprint management has generated significant demand in the environmental management, compliance, and due diligence services market. Companies are increasingly adopting carbon footprint management practices at various vertical levels in response to the imperative of complying with carbon emissions regulations. As an illustration, in 2022, Intercontinental Exchange (ICE) unveiled plans to launch UK Carbon Allowance Options, providing customers with a mechanism to manage the price risk associated with carbon emissions. These contracts are specifically designed to assist businesses in controlling and hedging their emissions, aligning with the UK government's initiatives to address climate change and reduce carbon emissions. The UK Carbon Allowance Options will be listed through March 2024, with the underlying contract being the December UK Carbon Allowance futures contract for the respective year.
In August 2024, Trinity Consultants, an environmental consulting firm based in Texas, acquired Environmental Compliance & Safety, Inc. for an undisclosed sum. This acquisition highlights Trinity's dedication to strengthening its capabilities in environmental management and regulatory compliance. By incorporating ECS's specialized expertise, Trinity intends to offer clients thorough solutions for addressing complex environmental and safety challenges. Environmental Compliance & Safety, Inc. is a provider of environmental and safety consulting services located in Mississippi.
Major companies operating in the environment management, compliance and due diligence market include Medtronic plc, FUJIFILM Holdings Corporation, Stryker Corporation, Boston Scientific Corporation, Olympus Corporation, Shanghai Fosun Pharmaceuticals Ltd., Hoya Corporation, Smith & Nephew plc, Sonova Holding AG, William Demant Holding A/S, Demant A/S, Cochlear Limited, Conmed Corporation, Welch Allyn Inc., Carl Zeiss Meditec AG, Lumenis Ltd., Carl Zeiss AG, Rion Co. Ltd., Pentax Corporation, KLS Martin SE & Co., Acclarent Inc., Reda Instrumente GmbH, Intersect ENT Inc., SPIGGLE & THEIS Medizintechnik GmbH, Happersberger Otopront GmbH
North America was the largest region in the environment management, compliance and due diligence market in 2024. Western Europe was the second largest region in the global environment management, compliance and due diligence services market share. The regions covered in the environment management, compliance and due diligence market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the environment management, compliance and due diligence market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The environment management, compliance and due diligence market consists of revenue earned by entities by providing advisory services to businesses and other organizations for obtaining licenses, compliance with government regulations and due diligence. These companies undertake environmental audits and quality assurance checks, conduct inspections, and ensure companies comply with environmental laws, regulations and international standards. Environmental due diligence involves steps to prevent an environmental offence from occurring. It can significantly reduce the risk of environmental accidents as well as regulatory and civil liability. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Environment Management, Compliance And Due Diligence Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on environment management, compliance and due diligence market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for environment management, compliance and due diligence ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The environment management, compliance and due diligence market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.