Accenture Acquires Avieco to Strengthen ESG Capabilities in UK

Accenture, the international information technology services and consulting company, announced the acquisition of Avieco, an independent sustainability consultancy, to boost sustainable efforts. The purchase will help Accenture build its expertise and serve industries across several sectors. It will also enhance the sustainability performance and create value for its stakeholders.

Incorporating Avieco's expertise into Accenture's business operations will bolster the Accenture Sustainability Value Promise. It will help the firm ensure compliance with regulatory standards concerning the environment and make better decisions for clients across many sectors.

The team of 60 professionals from Avieco will bring knowledge and expertise in environmental, social and governance (ESG) measurement and reporting to Accenture to achieve its net-zero targets. Avieco's consulting services spread across several industries such as financial services, retail and consumer goods, technology and media.

Toby Siddall, Accenture’s Sustainability Services lead, said: "I am delighted to welcome Avieco to Accenture. Its expertise in helping businesses better measure and drive value and impact from their sustainability initiatives for all stakeholders in response to the growing demand for transparency and accountability will make it a great fit for Accenture. Effective data analytics and ESG measurement and reporting are vital to driving growth through truly sustainable business models and better decision making. Avieco will enhance our ability to help our clients put sustainability at the heart of their business transformations.”

Ben Murray, CEO of Avieco, said: "Avieco plays a central role in helping businesses in the U.K. and Ireland to create a sustainable, low-carbon economy and society. Accenture’s commitment to sustainability is strongly aligned with ours, and its scale will help us expand our mission to turn sustainability promises into actions. Being part of Accenture will create new opportunities for our people, and our combined expertise will help businesses become truly sustainable.”