Greenfish, an independent engineering and advising firm focusing on sustainability consulting services, has declared its intention to purchase Accenture. The transaction's financial details are not released.

Greenfish, based in Brussels, was founded in 2010 to provide sustainability consulting and technology solutions to help businesses adapt from strategy to execution. Its more than 270 employees will join Accenture Sustainability Services, which has offices in Belgium, France, and the Netherlands, as part of a deal.

Olivier Girard, market unit lead for Accenture France & Benelux, said: "Organizations are increasingly pursuing more sustainable business models and improving performance in environmental, social, and governance (ESG) terms. This shift brings financial and competitive value to companies while making sustainability and ESG a priority at all levels of the organization. Acquiring Greenfish would further enhance our deep experience in helping European clients improve their ESG performance and embed sustainability by design in their operations.

Accenture Sustainability Services offers clients unique services and solutions to help them become net-zero and circular businesses by leveraging digital investment to build intelligent, sustainable enterprises. Using tools, technology, and methodologies, Accenture is transforming businesses at a large scale. Accenture is working with ecosystem partners and disruptive technology start-ups to make sure that business value and sustainable impact are measured for all stakeholders.

With the acquisition of Greenfish, Accenture would be able to expand its sustainability expertise and capabilities, as well as scale its services more quickly to meet clients' increasing needs. Companies in Europe are speeding up their efforts to become more environmentally friendly in the wake of COP26, and new energy and supply-chain pressures are only boosting this trend.

Peter Lacy, Accenture’s global sustainability services lead and chief responsibility officer, added, "The Accenture Sustainability Value Promise is to embed sustainability into everything we do, with everyone we work with, creating both business value and sustainable impact, enabled by technology and human ingenuity." Adding more than 270 deeply skilled professionals in the areas of low-carbon energy transitions, the circular economy, and ESG measurement would rapidly accelerate our already-strong leadership both across Europe and within the critical markets of France, Belgium, and the Netherlands. "

Yann Louise, Co-founder of Greenfish, said, "We are motivated by this opportunity to join a leading organisation to continue to drive sustainability as a top priority." Combining our respective expertise would allow us to reach a larger group of clients and offer a whole new level of strategic counsel and services, thus accelerating the sustainability transformation of our clients and increasing our impact on society.