Sustainability and Climate Change Advisory Services Market size was valued at USD 9.2 Billion in 2024 and is projected to reach USD 16.5 Billion by 2033, exhibiting a CAGR of 7.1% from 2026 to 2033.
In recent years, the Malaysia Sustainability and Climate Change Advisory Services market has gained significant momentum, driven by industries' growing awareness of climate change impacts and the increasing need for sustainable business practices. The Malaysian government, along with private sectors, has recognized the urgency of mitigating climate risks and achieving long-term sustainability goals. As a result, there is a rising demand for advisory services that provide expertise on navigating the complexities of sustainability and climate change.
Industries across Malaysia are beginning to recognize the importance of integrating environmental, social, and governance (ESG) considerations into their operations. This shift is being fueled by both regulatory requirements and consumer demand for more eco-friendly and socially responsible products and services. As such, the market for Sustainability and Climate Change Advisory Services is flourishing, with organizations seeking professional advice on how to reduce their carbon footprints, meet sustainability targets, and comply with evolving regulations.
The Malaysian market is seeing diverse industries seeking these advisory services, including energy, manufacturing, agriculture, construction, and transportation. Each sector has unique challenges and opportunities when it comes to implementing sustainability initiatives. For instance, the energy sector is focusing on transitioning to renewable energy sources, while the agriculture industry is exploring ways to reduce its environmental impact through sustainable farming practices. Similarly, the construction sector is looking for strategies to build energy-efficient buildings and reduce waste.
Furthermore, Malaysia’s commitment to the Paris Agreement and its national climate goals is pressuring industries to take immediate actions. Companies are required to comply with national climate policies and adhere to emission reduction targets. The increasing adoption of sustainability frameworks, such as the UN’s Sustainable Development Goals (SDGs) and carbon credit schemes, further emphasizes the importance of expert guidance in ensuring compliance and achieving environmental objectives.
As the demand for sustainability advisory services grows, there is a corresponding need for businesses to stay ahead of emerging trends, implement climate-friendly practices, and prepare for the future. This creates a dynamic market for consultants and service providers who can deliver innovative solutions tailored to each industry's specific needs, ultimately helping Malaysia transition towards a more sustainable and climate-resilient economy.
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Kearney
Allinfra
McKinsey & Company
CHANGE ENVIRONMENTAL
BCG
Delphi
EY
Gaia Consulting
Bain & Company
ESG Climate Technology
TQM Consultants Co. Limited
Ramboll Group
Sphera
SLR Consulting
Equilibrium
EcoAct Climate Consultancy
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By 2030, Malaysia is expected to witness significant momentum in the market research industry, aligning with the global projection of surpassing $120 billion, driven by a compound annual growth rate (CAGR) of over 5.8% from 2023 to 2030. The industry in Malaysia is being reshaped by technological disruptions, particularly through the adoption of machine learning, artificial intelligence, and advanced data analytics. These technologies provide businesses with predictive analysis and real-time consumer insights, enabling smarter and more precise decision-making. As part of the broader Asia-Pacific region, Malaysia is positioned to contribute substantially to the over 35% revenue growth expected from this region. Additionally, the adoption of innovative techniques such as mobile surveys, social listening, and online panels is rapidly gaining ground in Malaysia, emphasizing speed, precision, and customization, and driving a new era of data-driven strategies across industries.
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Growing demand for below applications around the world has had a direct impact on the growth of the Malaysia Sustainability and Climate Change Advisory Services Market
ESG Strategy Development
Sustainability Reporting and Disclosure
Risk Assessment and Management
Carbon Footprint Analysis
Solar Energy Consulting
Wind Energy Feasibility Studies
Energy Storage Solutions
Renewable Energy Policy Advisory
Greenhouse Gas Emission Reduction Plans
Adaptation and Resilience Planning
Climate Scenario Analysis
Technology and Innovation for Climate Action
Supply Chain Risk Assessment
Sustainable Sourcing Practices
Lifecycle Assessment (LCA)
Circular Economy Strategies
Policy Analysis and Advocacy
Regulatory Compliance Services
Stakeholder Engagement and Education
Environmental Impact Assessments (EIA)
1. Singapore
Relationship: Strong economic ties; major trading partner.
Highlights: Advanced financial and logistics hub; shares deep cross-border business and travel links with Malaysia.
2. Indonesia
Relationship: Largest ASEAN economy; close cultural and linguistic ties.
Highlights: Major market for Malaysian exports; shared initiatives in palm oil, labor, and regional security.
3. Thailand
Relationship: Land-border neighbor with active cross-border trade.
Highlights: Strong tourism, agricultural, and automotive collaboration.
4. Brunei
Relationship: Close diplomatic and energy-sector ties.
Highlights: Joint ventures in oil & gas; similar Malay cultural heritage.
5. Philippines
Relationship: Regional partner in ASEAN; maritime neighbor.
Highlights: Collaborations in education, labor migration, and disaster relief.
6. Vietnam
Relationship: Growing trade and investment partner.
Highlights: Rising manufacturing hub; strong demand for Malaysian technology and services.
7. Cambodia, Laos, and Myanmar
Relationship: Developing ASEAN members with growing economic ties to Malaysia.
Highlights: Opportunities in construction, retail, and financial services.
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1. Introduction of the Malaysia Sustainability and Climate Change Advisory Services Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Malaysia Sustainability and Climate Change Advisory Services Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Malaysia Sustainability and Climate Change Advisory Services Market, By Type
6. Malaysia Sustainability and Climate Change Advisory Services Market, By Application
7. Malaysia Sustainability and Climate Change Advisory Services Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia
Vietnam
8. Malaysia Sustainability and Climate Change Advisory Services Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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