Esg Rating Services Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Environmental, Social, & Governance (ESG) Rating Services Market is Segmented by Service Type (ESG Assessment and Ratings, ESG Data Verification, ESG Reporting and Disclosure, ESG Strategy Consulting, Assurance and Compliance Services, and Other Customized ESG Solutions), Application (Investment and Asset Management, Corporate Governance and Risk Management, Sustainability and Supply Chain Management, Climate Change and Resource Management, Regulatory Compliance and Stakeholder Communication, and Other Sector-Specific Application), and Geography (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa). The Report Offers Market Size and Forecasts for the ESG Rating Services Market in Value (USD) for all the Above Segments.

Esg Rating Services Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

ESG Rating Services Market Size

ESG Rating Services Market Summary
Study Period 2020 - 2030
Market Size (2025) USD 11.23 Billion
Market Size (2030) USD 16.69 Billion
CAGR (2025 - 2030) 8.25 %
Fastest Growing Market Asia Pacific
Largest Market North America
Market Concentration Medium

Major Players

ESG Rating Services Market Major Players

*Disclaimer: Major Players sorted in no particular order

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ESG Rating Services Market Analysis

The ESG Rating Services Market size is estimated at USD 11.23 billion in 2025, and is expected to reach USD 16.69 billion by 2030, at a CAGR of 8.25% during the forecast period (2025-2030).

ESG rating has become increasingly important as stakeholders, including investors, customers, employees, and regulators, demand better company transparency and accountability. The outlook of the ESG rating services market is highly promising. The growing awareness and importance of sustainability, responsible investment, and corporate governance practices are driving the demand for ESG reporting. Companies are realizing the need to integrate ESG considerations into their business strategies to mitigate risks, improve operational efficiency, and enhance stakeholder trust. As a result, the demand for ESG reporting services is expected to witness significant growth.

The industry is also growing since regulatory authorities are mandating ESG reporting to increase. Financial institutions are required to publish information about their sustainability policies and ESG risks under the Sustainable Finance Disclosure Regulation (SFDR) of the European Union. Such regulations are likely to impact the market’s expansion positively. Technological breakthroughs like Artificial Intelligence and Big Data analytics are also making it easier to gather and analyze ESG data, which improves the effectiveness and legitimacy of ESG reporting. It is anticipated that corporations may use ESG rating services more frequently due to these technical developments.

ESG Rating Services Industry Overview

The ESG rating services market is moderately consolidated. Partnerships, expansions, and product enhancements are the key strategic moves adopted by major players to strengthen their presence across regions. The competitive landscape of the market is analyzed, and some of the major players include Sustainalytics, S&P Global, MSCI Inc., LSEG Data and Analytics, and Iris Carbon, among others.

ESG Rating Services Market Leaders

  1. Sustainalytics

  2. MSCI Inc.

  3. S&P Global

  4. LSEG Data and Analytics

  5. Iris Carbon

  6. *Disclaimer: Major Players sorted in no particular order
ESG Rating Services Market Concentration
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ESG Rating Services Market News

  • February 2023: Asia-Pacific is now included in Intercontinental Exchange Inc.'s ESG Company Data. The business currently provides information on 16,000 businesses from 105 different nations. This expansion includes over 1.4 million corporate equities and fixed-income securities with high-quality, detailed data matched to them.
  • December 2022: Morningstar Sustainalytics announced an expansion of its ESG risk ratings coverage to enable substantial ESG risk assessment across more asset classes and regions. The company's coverage universe now comprises more than 16,300 analyst-based ESG risk ratings for public stock, fixed-income, and privately held companies, representing a nearly 30% increase in comprehensive issuer ratings.

ESG Rating Services Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS AND INSIGHTS

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Increasing Demand for Ethical and Sustainable Investments
    • 4.2.2 Steady Growth in Corporate Data Volumes
  • 4.3 Market Restraints
    • 4.3.1 Lack of Standardized Frameworks
    • 4.3.2 Self-Reported Data by Organizations
  • 4.4 Industry Attractiveness: Porter's Five Forces Analysis
    • 4.4.1 Threat of New Entrants
    • 4.4.2 Bargaining Power of Buyers
    • 4.4.3 Bargaining Power of Suppliers
    • 4.4.4 Threat of Substitutes
    • 4.4.5 Intensity of Competitive Rivalry
  • 4.5 Insights into Technological Advancements in the Industry
  • 4.6 Insights into Various Regulatory Trends Shaping the Market

5. MARKET SEGMENTATION

  • 5.1 By Service Type
    • 5.1.1 ESG Assessment and Ratings
    • 5.1.2 ESG Data Verification
    • 5.1.3 ESG Reporting and Disclosure
    • 5.1.4 ESG Strategy Consulting
    • 5.1.5 Assurance and Compliance Services
    • 5.1.6 Other Customized ESG Solutions
  • 5.2 By Application
    • 5.2.1 Investment and Asset Management
    • 5.2.2 Corporate Governance and Risk Management
    • 5.2.3 Sustainability and Supply Chain Management
    • 5.2.4 Climate Change and Resource Management
    • 5.2.5 Regulatory Compliance and Stakeholder Communication
    • 5.2.6 Other Sector-specific Application
  • 5.3 By Geography
    • 5.3.1 North America
    • 5.3.1.1 United States
    • 5.3.1.2 Canada
    • 5.3.2 Europe
    • 5.3.2.1 United Kingdom
    • 5.3.2.2 Germany
    • 5.3.2.3 France
    • 5.3.2.4 Russia
    • 5.3.2.5 Italy
    • 5.3.2.6 Spain
    • 5.3.2.7 Rest of Europe
    • 5.3.3 Asia-Pacific
    • 5.3.3.1 India
    • 5.3.3.2 China
    • 5.3.3.3 Japan
    • 5.3.3.4 Australia
    • 5.3.3.5 Rest of Asia-Pacific
    • 5.3.4 Latin America
    • 5.3.4.1 Brazil
    • 5.3.4.2 Argentina
    • 5.3.4.3 Mexico
    • 5.3.4.4 Rest of Latin America
    • 5.3.5 Middle East and Africa
    • 5.3.5.1 United Arab Emirates
    • 5.3.5.2 Saudi Arabia
    • 5.3.5.3 South Africa
    • 5.3.5.4 Rest of Middle East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration Overview
  • 6.2 Company Profiles
    • 6.2.1 Sustainalytics
    • 6.2.2 LSEG Data and Analytics
    • 6.2.3 MSCI Inc.
    • 6.2.4 Iris Carbon
    • 6.2.5 S&P Global
    • 6.2.6 ISS Governance
    • 6.2.7 Bloomberg
    • 6.2.8 Arabseque
    • 6.2.9 PricewaterhouseCoopers (PwC)
    • 6.2.10 Carbon Disclosure Project (CDP)*
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

8. DISCLAIMER AND ABOUT US

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ESG Rating Services Industry Segmentation

ESG rating services is a market that focuses on providing companies with tools and services to measure, report, and disclose their environmental, social, and governance (ESG) performance. The ESG rating services market is segmented by type, application, and geography. By service type, the market is segmented into ESG assessment and ratings, ESG data verification, ESG reporting and disclosure, ESG strategy consulting, assurance and compliance services, and other customized ESG solutions. By application, the market is segmented into investment and asset management, corporate governance and risk management, sustainability and supply chain management, climate change and resource management, regulatory compliance and stakeholder communication, and other sector-specific applications. By geography, the market is segmented into North America, Europe, Asia-Pacific, South America, and Middle East and Africa. The report offers market size and forecasts for ESG rating services market in value (USD) for all the above segments.

By Service Type ESG Assessment and Ratings
ESG Data Verification
ESG Reporting and Disclosure
ESG Strategy Consulting
Assurance and Compliance Services
Other Customized ESG Solutions
By Application Investment and Asset Management
Corporate Governance and Risk Management
Sustainability and Supply Chain Management
Climate Change and Resource Management
Regulatory Compliance and Stakeholder Communication
Other Sector-specific Application
By Geography North America United States
Canada
Europe United Kingdom
Germany
France
Russia
Italy
Spain
Rest of Europe
Asia-Pacific India
China
Japan
Australia
Rest of Asia-Pacific
Latin America Brazil
Argentina
Mexico
Rest of Latin America
Middle East and Africa United Arab Emirates
Saudi Arabia
South Africa
Rest of Middle East and Africa
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ESG Rating Services Market Research FAQs

How big is the ESG Rating Services Market?

The ESG Rating Services Market size is expected to reach USD 11.23 billion in 2025 and grow at a CAGR of 8.25% to reach USD 16.69 billion by 2030.

What is the current ESG Rating Services Market size?

In 2025, the ESG Rating Services Market size is expected to reach USD 11.23 billion.

Who are the key players in ESG Rating Services Market?

Sustainalytics, MSCI Inc., S&P Global, LSEG Data and Analytics and Iris Carbon are the major companies operating in the ESG Rating Services Market.

Which is the fastest growing region in ESG Rating Services Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in ESG Rating Services Market?

In 2025, the North America accounts for the largest market share in ESG Rating Services Market.

What years does this ESG Rating Services Market cover, and what was the market size in 2024?

In 2024, the ESG Rating Services Market size was estimated at USD 10.30 billion. The report covers the ESG Rating Services Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the ESG Rating Services Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

ESG Rating Services Industry Report

Statistics for the 2025 ESG Rating Services market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. ESG Rating Services analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.