Accenture is partnering with Toshiba to develop new sustainability services that will be marketed to joint customers.

The new services will draw on Accenture’s professional services know-how and Toshiba’s technology assets.

Accenture, one of the world’s largest consulting firms, has more than 700,000 employees who generated $50 billion in revenue last year. The firm primarily focuses on IT services, but also maintains a presence in practically every other segment of the consulting sector.

Toshiba is one of Japan’s largest companies and a top manufacturer of industrial equipment. The company has a big presence in the sustainable energy market: it makes electric car components, wind turbines and equipment for electric grid operators.

Toshiba in 2020 began testing a hydrogen fuel plant in Japan. The plant, which is powered by an on-site solar farm, can produce enough hydrogen fuel to power more than 500 cars a day.

As part of their partnership, Accenture and Toshiba will draw on their respective strengths in consulting and hardware to assist joint customers with sustainability initiatives.

The alliance will put Accenture in a better position to grow its sustainability consulting business in Japan.

Accenture has acquired five sustainability consultancies since the start of the year alone, a signal that the firm is seeking to significantly grow its presence in this market. Toshiba’s technical know-how is likely to prove valuable to that effort.

For Toshiba, in turn, the partnership with Accenture represents a potential opportunity to unlock new sales opportunities. Accenture and the five sustainability consultancies it has acquired since the start of the year have a large roster of corporate clients interested in green technologies.

Toshiba COO Goro Yanase remarked that “working with Accenture, we hope to further expand our business and contribute to the realization of a carbon neutral society by providing consulting services that support companies with proposals extending from planning through to the achievement of carbon neutrality goals.”

Accenture’s IT expertise should also prove an asset in the context of its alliance with Toshiba.

The firm has a sprawling IT advisory business that supports corporate clients’ efforts to adopt technologies such as cloud computing. Accenture also maintains a vast network of partners capable of bringing additional technological capabilities to the table beyond what it offers in-house.

Because IT departments often play an important role in corporate sustainability projects, Accenture’s IT expertise will add another valuable element to the partnership with Toshiba.

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