MAYASIA BUSINESS OUTLOOK192023SUSTAINABILITY & ENVIRONMENTALCONSULTANTS IN SOUTH-EAST ASIASouth-East Asia Surpassing the needs of the Present without Compromising the Future (Environment)Over time, ESG investments in Asia have transformed from a passing trend to a more sustainable approach to investing. The rise in popularity of ESG investing has given rise to investment options like ESG integration, climate investing, and more general sustainability and social issues. This is all possible because of the new-age agile Environmental consultants, the experts who rightly help the clients in possessing an understanding of environmental policies, sustainability methods, and occupational health, safety guidelines and provide effective environment friendly solutions to businesses and construction companies.Society's Interest Over Self-InterestThe growing awareness and demand for safeguarding our environment and sustainability has made organizations opt for environmental testing, assessment and consultancy services to ensure that their operations don't have any hazardous effect on the surrounding environment. Even governments all over South-East Asia have started to realize the importance of sustainability and have subsequently increased legislative measures to prevent environmental degradation. Businesses that hire sustainability consulting firmsreceives guidance and ideas from the governments on how to offer their goodsand services sustainably. On the other hand, business opportunities have never been more clearly defined than now, with the increasing needs of the transition economy.The scale of the worldwide sustainability consulting market was $8.8 billion in 2022 and is anticipatedto grow at a CAGR of 5.4 per cent from 2023 to2031 to reach $14.1 billion. This growth is attributed to the increasing demand for sustainable practices, regulatory pressure to reduce carbon emissions, and businesses recognizing the benefits of adopting sustainable practice. As a result, it is becoming increasingly important for companies to employ competent environmental consultancy to ensure that they maintain an appropriate level of compliance with environmental regulations.Asia Business Outlook magazine provide insights on diverse industries and markets in Asia. In this issue, the magazine spotlights `Top 10 Sustainability & Environmental Consultants in South-East Asia 2023' who have made their signatures in the world by helping organizations to thrive in the diversity. The following list has been prepared after being closely scrutinized by a distinguished panel of judges including CXOs, analysts and our editorial board.
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