Global professional services firm Accenture announced today plans to acquire sustainability-focused engineering and advisory consultancy Greenfish.

According to Accenture, the move comes as European companies are accelerating their sustainability transformations, with growing energy and supply-chain pressures furthering this trend. The new acquisition will help the company build its sustainability skills and scale its services faster to address growing clients’ needs.

The announcement marks the second sustainability-focused transaction this month for Accenture, following the acquisition of UK-based sustainability consultancy Avieco.

Olivier Girard, Market Unit Lead for Accenture France & Benelux, said:

“Acquiring Greenfish would further enhance our deep experience in helping European clients improve their ESG performance and embed sustainability by design in their operations.”

Founded in 2010, Brussels-based Greenfish provides sustainability consultancy services and engineering solutions to accelerate sustainable business transformation. The company’s expertise spans across five main areas, including CSR & Sustainability, Environmental Intelligence, Sustainable Business Transformation, Sustainable Engineering, and Sustainable R&D.

Accenture stated that Greenfish’s 270 employees would join Accenture Sustainability Services.

Yann Louise, Co-founder of Greenfish, said:

“We are motivated by this opportunity to join a leading organization 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.”

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.”