Point B, a global consulting firm solving the world’s biggest challenges, has announced its acquisition of Sustainable Business Consulting, a firm dedicated to providing ESG-focused solutions. This acquisition expands Point B’s robust ESG offerings, particularly in the areas of climate action, supply chain risk, ESG reporting, regulatory compliance and integrated strategy.

According to Point B’s Executive Director of ESG Gwen Migita, the demand for thoughtful, integrated climate action and social impact and justice consulting is increasing across industries, philanthropies and institutions. The SBC acquisition is a testament to Point B’s commitment to providing solutions that connect expertise, climate action technology, social impact measurements, reporting and policy insights for its growing roster of clients.

“This is an exciting next stage for Point B and our ESG practice, advancing our vision to be an impact-oriented organization,” Migita said. “Adding SBC’s values-driven culture, deep talent and thought leadership to Point B’s ESG practice creates an immediate opportunity to make a bigger impact on humanity and the environment.”

See related article: Point B Joins Mission 6 as a Founding Member, Helps Corporations Lead the World to Net-Zero

Established in Seattle in 2004, SBC’s mission has been to lead and inspire businesses to create a better world through the lens of sustainability. A four-time “Best in the World” B Corp, SBC’s staff brings more than 240 clients across 11 industries to Point B’s roster, including marquee names such as Delta Airlines, New York Life, Expedia, REI and Estee Lauder Companies.

“This acquisition is a natural step for both our team and Point B,” said Kevin Wilhelm, SBC’s CEO and founder. “Not only are our values aligned, but together, we will bring industry-leading ESG expertise, service, products and technologies to help global brands meet today’s business challenges – whether it be financial, or around climate change, equity and justice.”

Acquiring SBC will further advance Point B’s position as a thought leader in sustainability, ESG strategy and frameworks. SBC brings meaningful expertise in a talent-constrained environment, adding high-caliber resources with significant experience to Point B’s existing team of experts.

“The speed of change is increasing; programs and initiatives around transparency and reporting like deep Scope 3 assessments and meaningful supplier engagement will place a great deal of stress on organizations which have not begun to take steps to meet reporting requirements,” said Ruth Lee, SBC’s Senior Vice President. “We are doing the work now, building our capacity and talent to meet the challenge.”

Source: Point B