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Anthesis Consulting Group
Anthesis is the largest pure-play sustainability consultancy, deploying 1,300 professionals across 40 offices for corporate decarbonization and ESG...
Anthesis Consulting Group
Anthesis launched in 2013 when London-based sustainability consultancy Best Foot Forward merged with ten other specialized firms across Europe, North America, and Asia, backed by private equity firm Palatine Private Equity. Co-founders Stuart McLachlan and Dean Sanders consolidated niche practices covering carbon accounting, circular economy design, and supply-chain transparency into a single platform. The firm has since acquired more than 20 additional consultancies, including American sustainability stalwart M.J. Bradley and digital products studio Cake. It operates as a for-profit consultancy owned by Carlyle Group, which acquired a majority stake in 2022. The firm delivers climate risk assessment, net-zero transition planning, and ESG data management to large corporates and governments. Its project portfolio spans renewable energy supply-chain optimization for UK grocer Tesco, circular-economy product design for luxury group Kering, and methane-leak monitoring for energy majors. Anthesis does not make direct investments or manage pooled funds; instead it originates advisory mandates across Europe, North America, and the Asia-Pacific region, often embedding teams inside client organizations for multi-year transformations. With roughly 1,300 professionals, the firm is the largest specialist sustainability consultancy by headcount, operating from 40 offices in over 20 countries. Its digital division builds custom software for enterprise carbon accounting and life-cycle assessment. In September 2023, Anthesis acquired Carbon Credentials, a UK-based energy performance specialist, deepening its managed services bench. The firm also operates Anthesis Compassion Fund, an employee-directed grant-making entity for local environmental nonprofits. Unlike generalist consultancies that bolt ESG practices onto legacy audit or strategy engines, Anthesis is entirely architectured around sustainability — it has no audit practice, no tax advisory, and no conflict-of-interest firewall separating carbon advice from financial consulting. The Carlyle acquisition separated the firm from its original private equity sponsor while providing growth capital for aggressive consolidation in a fragmenting market, making it a pure-play consolidation vehicle at scale.
General information
Firm type
Asset Manager
Year founded
2013
AUM
Undisclosed
Location
Region
Europe
Country
United Kingdom
City
London
Corporate office
London, United Kingdom
Additional offices
Boulder, CO, United States · San Francisco, CA, United States · Manila, Philippines · Shanghai, China · São Paulo, Brazil · Cologne, Germany
Principals
Stuart McLachlan
CEO and Co-Founder
Dean Sanders
Chief Enterprise Officer and Co-Founder
Sector focus
Frequently asked questions
Does Anthesis manage investment capital?
No. Anthesis is a professional services consultancy, not an asset manager. It advises corporations and governments on sustainability strategy, net-zero transitions, and ESG compliance. It does not deploy proprietary capital, invest in portfolio companies, or run pooled funds.
Who owns Anthesis?
Carlyle Group acquired a majority stake in Anthesis in 2022. Prior to Carlyle, the firm was backed by UK-based private equity fund Palatine Private Equity, which had supported its acquisition-driven growth strategy since shortly after its 2013 founding.
What services does Anthesis actually sell to corporations?
Its core revenue lines include carbon footprint assessment and target-setting, net-zero roadmapping, life-cycle analysis of physical products, supply-chain transparency audits, ESG data management software, and regulatory compliance advisory tied to frameworks like the EU's CSRD. It also provides managed services for ongoing energy and carbon performance monitoring.
How does Anthesis source new clients?
The firm sources mandates through its established advisory relationships with Fortune 500 sustainability teams, RFP responses for government-funded climate programs, and referrals from its Carlyle network. Its acquired boutique practices bring legacy client rosters in niche verticals such as apparel supply chains, food waste, and renewable energy procurement.
What is Anthesis's relationship to the big audit firms' ESG practices?
Anthesis competes directly with the sustainability advisory arms of Deloitte, PwC, and McKinsey, but its sole focus on this vertical means it avoids the independence conflicts that arise when audit firms provide both financial attestations and ESG strategy to the same client. The firm markets this structural separation as a differentiator.
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