What Viegand Maagoe does

Viegand Maagøe is a specialist sustainability and climate adaptation consultancy headquartered in Copenhagen, Denmark, founded in 2006. The firm delivers advisory services across climate adaptation, biodiversity, water and cloudburst management, urban heat island analysis, and CO2 accounting to a mix of large Danish enterprises and Nordic public-sector clients. Named mandates include framework-level work for A.P. Moller-Maersk, Novo Nordisk, and Ørsted, alongside multi-year engagements with Region Hovedstaden, Aalborg Kommune, and Copenhagen Municipality. The firm operates as an employee-owned partnership (I/S) with Lars Viegand as CEO and Per Maagøe as Chairman, and grew to approximately 150 professionals by 2025.

The company has executed a deliberate buy-and-build internationalization strategy, opening offices in Norway (2018, expanded via the 2020 Sweco Norway team acquisition of ~40 specialists), Sweden (2021), Germany (2023), and the Netherlands and Italy (2025). Revenue is generated primarily through project-based consulting engagements and recurring public-sector framework agreements, with the German DACH market and Benelux/Italy corridor representing the next leg of geographic diversification. Dansk Ejerkapital acquired a 49% minority stake in 2022 to fund continued acquisitions, and former Sweco CEO Christian Juhl joined the board in 2023 to support cross-border integration.

Viegand Maagøe positions itself as a focused specialist rather than a generalist engineering consultancy, leveraging proprietary methodologies developed across hundreds of Nordic municipal projects. Technical differentiation centers on nature-based solutions, urban climate modeling, and integrated climate-biodiversity-water frameworks that generalist competitors have limited incentive to develop at depth. The platform architecture is people-and-methodology-driven rather than product-driven, with growth levers concentrated in cross-selling specialist expertise across newly acquired European offices and converting consulting IP into repeatable frameworks for adjacent ESG verticals.

Name

Viegand Maagoe

Legal name

Viegand Maagøe

Website

https://viegandmaagoe.dk

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

11–50 employees

Short description

Viegand Maagøe is a Copenhagen-based specialist consultancy founded in 2006 that delivers climate adaptation, biodiversity, and CO2 accounting advisory services to large enterprises and Nordic municipalities across six European offices with approximately 150 employees.

Ownership category

akta.pro rank

Product category

Sustainability and ESG Consulting

NAICS

Environmental Consulting Services (54162), Environmental Consulting Services (541620), Administration of Air and Water Resource and Solid Waste Management Programs (92411)

akta.pro primary industry

Sustainability, ESG & Climate Risk Advisory (BPAHAJAH)

akta.pro secondary industries

Sustainability & ESG Consulting (BPAHACAK), Sustainable/Green Building & LEED Consulting (BPAHAKAG), Circular Economy & Resource Efficiency (BPADALAM), Climate Resilience & Disaster Risk Reduction (DRR) (BPAGABAK)

Keywords

• Sustainability consulting
• ESG advisory
• Climate advisory
• Carbon accounting
• Green transition consulting

Headquarters

HQ city

Copenhagen

HQ country

Denmark

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Professional Consulting Services: Project-based consulting engagements across sustainability, ESG, climate action, energy optimization, and green transition services. Clients engage the firm for specific deliverables such as climate accounts, ESG reports, strategy development, and implementation support.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Viegand Maagøe is a Danish sustainability and ESG consulting firm that delivers project-based advisory services across energy optimization, climate action, ESG strategy and reporting, life cycle assessment (LCA), EPD certification, circular economy, sustainable buildings, EU policy advisory, and green transition communications. The firm serves private enterprises, Danish municipalities, and EU institutions, deploying approximately 150 interdisciplinary experts from offices in Copenhagen, Aarhus, Delft, and Brussels.

Product overview

Viegand Maagøe is a consulting company offering advisory services in sustainability, ESG, green transition, and energy optimization. The company provides a comprehensive portfolio of interconnected consulting services organized into major practice areas: Energy and Process Optimization (including mapping and project development), Sustainable Products and Buildings (LCA, EPD, circular economy, green procurement), ESG Services (value chain mapping, materiality assessments, strategy, reporting, due diligence), Climate Advisory (carbon accounting, climate strategy, risk assessment, municipal climate plans), and Communication about Green Transition (strategy, PR, campaigns, training). The company operates two subsidiaries: VM Europe (EU policy advisory from Brussels) and VHK (ecodesign and energy labeling from the Netherlands). The service offerings are integrated, with value chain mapping serving as a foundation for double materiality assessments, which in turn inform ESG strategy and reporting. Climate accounting follows GHG protocol and supports both climate strategy and SBTi targets. No software products, APIs, or AI-powered tools are offered; all services are human-delivered consulting engagements.

Differentiator

Problem solved

Functional benefit

Products and services

• Energy and Process Optimization (Energi- og procesoptimering)

Quantifiable outcome

• Helped approximately half of Denmark's municipalities with climate plans
• +1 more outcomes

Named customers7 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered core.

• VM Europe (formerly COWI Belgium)coreOthers · 1 November 2024Acquired in November 2024 from COWI, VM Europe is a subsidiary with 19 EU experts and EU framework contracts. Previously known as Kampsax International and COWI Belgium, present in Brussels since 1997. Strengthens advisory services to EU institutions on policy development and EU sustainability regulations.
• VHKcoreOthers · 1 January 2024VHK was acquired in 2024 as a subsidiary operating under its own name. Headquartered in the Netherlands with a branch in Brussels, Belgium. VHK is one of the leading technical consultancy companies within ecodesign and energy labeling in the EU.

Scale indicators3 records

Recent moves9 records

Expansion highlights5 records

Direct peers

• Ramboll: Ramboll is a Denmark-headquartered engineering and sustainability consultancy with deep expertise in ESG advisory, climate action planning, and EU regulatory compliance across Northern Europe. It is the most directly comparable peer given similar Nordic roots, multidisciplinary ESG teams, and significant municipal/public-sector climate work.
• PlanMiljø: PlanMiljø is a Danish environmental and sustainability consultancy providing climate planning, ESG advisory, and CSRD reporting services to municipalities and enterprises in Denmark. It is the closest direct Danish competitor in municipal climate planning and ESG advisory.

Broad incumbents

• COWI: COWI is a major Danish engineering consultancy whose Belgian subsidiary was divested to Viegand Maagøe in November 2024 to form VM Europe. COWI continues to provide sustainability, climate, and energy advisory across Northern Europe, directly overlapping with VM's core offerings at a much larger scale.
• Sweco: Sweco is a leading Nordic engineering and design consultancy with a growing sustainability and climate advisory practice serving municipalities, utilities, and industrial clients. Its footprint across Sweden, Norway, Finland, and Denmark makes it a strong regional competitor for ESG and green transition mandates.
• ERM (Environmental Resources Management): ERM is the world's largest pure-play sustainability consultancy, offering ESG strategy, climate advisory, and CSRD reporting services globally. It directly competes for the same enterprise ESG mandates and brings significantly deeper resources and global coverage.
• KPMG Sustainability Services: KPMG's global sustainability practice offers CSRD/ESRS reporting, climate strategy, and ESG assurance to large enterprises. It competes for the same CSRD compliance and double-materiality mandates that form a core pillar of VM's revenue.
• Deloitte Sustainability & Climate Services: Deloitte's sustainability and climate practice delivers ESG advisory, CSRD reporting, and climate risk services to multinational clients. Its scale and integrated audit-advisory positioning create direct competitive pressure on niche Nordic ESG consultancies.
• WSP: WSP is a global engineering consultancy with a strong sustainability and climate advisory practice serving public and private clients across Europe. Its Northern European presence and integrated engineering-plus-advisory model closely mirrors VM's combined energy/buildings/policy offering.

Emerging players

• Anthesis Group: Anthesis is a global pure-play sustainability consultancy focused on ESG strategy, climate advisory, and sustainable supply chains. It is a fast-growing specialist competitor with similar DNA to VM and is increasingly winning European ESG mandates.
• South Pole Group: South Pole is a climate solutions and advisory firm providing carbon accounting, SBTi target validation, and climate strategy services globally. It overlaps with VM's climate accounting, SBTi, and corporate climate advisory offerings.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Subsidiaries2 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Viegand Maagoe