Steward Redqueen

What Steward Redqueen does

Steward Redqueen is a specialized sustainability and impact advisory firm founded in 2000 (as Triple Value) by René Kim and Wouter Scheepens and rebranded in 2010, headquartered in Amsterdam with regional offices in Singapore and Arlington, Virginia. The firm serves development finance institutions, financial institutions (commercial banks, impact investors, fund managers), multinational corporations across FMCG, extractives, agriculture, transport, and infrastructure, and select non-profits. Its service portfolio comprises six practice areas: economic impact analysis (including socio-economic and input-output modeling), ESG management, impact measurement and management (IMM), monitoring and evaluation, regulatory compliance and reporting (CSRD, SFDR, EU Taxonomy, TCFD, GRI, ISSB), and software and data solutions. Two proprietary software artifacts anchor the data solutions line: the FI ESG Tool developed for FMO and deployed in 80+ countries, and the Just Transition Tool co-developed with the ILO and the Grantham Institute of the London School of Economics.

The business model is professional services on a per-engagement basis, with no publicly disclosed pricing and no productized subscription offering. Go-to-market is direct enterprise relationship-based sales, augmented by content marketing (website, blogs, quarterly newsletter, LinkedIn), publications (research studies such as the BII power investment study and SIFEM Just Transition study), industry event participation (COP and professional forums), and a strategic partnership with Key2impact (announced February 2025). The firm operates as a privately held entity with no external institutional investors or parent company; wholly-owned subsidiary Steward Redqueen USA was established in 2021 to anchor North American operations, led since October 2023 by Managing Director Maulik Doshi (formerly of BlackRock). Long-tenured client relationships include FMO (since 2006), British International Investment (formerly CDC Group, since the early days of impact investing), IFC, the Inter-American Development Bank, ABN AMRO, Heineken, DSM, and more recently Coca-Cola, Newmont, BDO Unibank, and Golden Gate Ventures.

Name

Steward Redqueen

Legal name

Steward Redqueen

Website

https://stewardredqueen.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

11–50 employees

Short description

Steward Redqueen is a privately held sustainability and impact advisory firm founded in 2000, headquartered in Amsterdam with offices in Singapore and Arlington, VA. It serves development finance institutions, banks, impact investors, and multinational corporations with economic impact analysis, ESG management, IMM, M&E, and CSRD compliance services.

Ownership category

akta.pro rank

Product category

Sustainability and Impact Advisory Consulting

NAICS

Management Consulting Services (54161)

SIC

Services-Management Consulting Services (8742)

akta.pro primary industry

Sustainability & ESG Consulting (BPAHACAK)

Keywords

• Sustainability consulting
• Impact measurement advisory
• ESG management services
• Development finance advisory
• Economic impact analysis

Headquarters

HQ city

Amsterdam

HQ country

Netherlands

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Consulting Services: Professional advisory services for economic impact analysis, ESG management, impact measurement & management, monitoring & evaluation, regulatory compliance & reporting, and software & data solutions.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Steward Redqueen is a specialized advisory firm that helps financial institutions, development finance institutions, and multinational corporations understand and manage their impact on society. The firm delivers consulting services across economic impact analysis, ESG management, impact measurement & management (IMM), monitoring & evaluation, regulatory compliance & reporting (CSRD, SFDR, EU Taxonomy), and custom software/data solutions such as the FI ESG Tool.

Product overview

Steward Redqueen is a specialized advisory firm offering a portfolio of consulting services centered on sustainability and impact management. The core service offerings include: Economic impact analysis, ESG management, Impact measurement & management (IMM), Monitoring & evaluation, Regulatory compliance & reporting, and Software & data solutions. Within the software category, they have developed proprietary tools including the FI ESG Tool (a custom ESG management platform for FMO used across 80+ countries) and the Just Transition Tool (developed with ILO and LSE Grantham Institute for financial institutions). The firm operates across practice areas including impact investing, development finance, climate & nature, infrastructure, and gender & inclusion.

Differentiator

Problem solved

Functional benefit

Products and services

• Economic Impact Analysis

Quantifiable outcome

• FI ESG Tool used across 80+ countries for financial institutions
• +1 more outcomes

Named customers14 records

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Nine partnerships are on record, tiered core and minor.

• Key2impactcoreStrategic or Co-development Partner · 25 February 2025Strategic partnership between Key2impact and Steward Redqueen to help businesses embed sustainability into their core strategies and navigate evolving regulations. Combines Key2impact's expertise in sustainability reporting, assurance, and organization-wide implementation with Steward Redqueen's 25 years of sustainability and impact advisory expertise.
• Warsaw Stock Exchange (WSE)coreStrategic or Co-development Partner · 1 January 2021Supported Warsaw Stock Exchange in developing and updating ESG Reporting Guidelines. Updated in 2023 to ensure alignment with EU regulatory framework including CSRD and ESRS.
• International Labour Organisation (ILO)coreStrategic or Co-development PartnerPartnership with ILO's Just Transition Tool development for financial institutions. Steward Redqueen co-developed the tool with the ILO and Grantham Institute of LSE providing practical steps for FIs to embed just transition considerations.
• Grantham Institute (London School of Economics)coreStrategic or Co-development PartnerPartnership with Grantham Institute of LSE and ILO to develop Just Transition Tool for financial institutions.
• FMOcoreStrategic or Co-development PartnerDeveloped custom FI ESG Tool for FMO, the Dutch development bank. This custom solution helps financial institutions in developing countries manage ESG risks while implementing international standards, used across 80+ countries.
• Partners for Growth (PFG)minorStrategic or Co-development PartnerDeveloped ESG framework for PFG and created templates for their portfolio companies to adopt good industry practices in daily operations. Includes nine templates ranging from basic to advanced for businesses to use based on their size.
• UN Global CompactminorOthersMember of UN Global Compact since 2022, submitting annual Communication on Progress and Sustainability Overview.
• Dutch Development Bank FMOcoreStrategic or Co-development PartnerLong-standing relationship with FMO including training on sustainability for clients in Latin America starting 2006, assessment of FMO's Just and Inclusive Transition Approach, and ESG management support.
• British International Investment (BII) / CDC GroupcoreStrategic or Co-development PartnerLong-term partnership for performance evaluations of private equity funds invested by BII (formerly CDC Group). Conducted evaluations focusing on financial, economic, ESG, and impact performance since the early days of impact investing.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Anthesis Group: Sustainability consulting firm specializing in ESG strategy, impact measurement, and sustainable supply chains, serving Fortune 500 corporations and financial institutions. Highly comparable in size, services, and customer base, with strong overlap in CSRD and ESG advisory work.
• South Pole: Global climate and sustainability consultancy of similar size and age, providing advisory services to corporates, financial institutions, and governments on carbon, climate, and impact strategies. Directly comparable mid-sized niche firm with overlapping client base of multinationals and DFIs.
• BSR: Sustainable business nonprofit advisory network working with major corporates on ESG strategy, supply chain sustainability, and human rights. Comparable mission-driven consulting peer serving corporate sustainability teams, with similar publishing and thought-leadership model.
• BSD Consulting: Boutique sustainability and impact advisory firm with strong DFI and multilateral ties, focused on ESG strategy and impact investing. Directly comparable niche peer serving similar clients (development finance institutions, foundations) with similar sustainability advisory services.
• Quantis: Sustainability consultancy focusing on environmental footprinting, climate strategy, and ESG for multinational corporates. Directly competes for similar impact-measurement, carbon-footprinting, and supply-chain sustainability mandates across consumer goods and financial services clients.

Broad incumbents

• Deloitte Sustainability: Deloitte's global ESG and climate practice offering sustainability strategy, climate action, and regulatory compliance to large enterprises and financial institutions. Established broad incumbent with global delivery model directly competing for CSRD/SFDR engagements.
• ERM (Environmental Resources Management): Largest pure-play sustainability and environmental consultancy globally with thousands of consultants across all major regions, providing ESG, climate, and impact services to corporates and financial institutions. Established broad incumbent competing for the same enterprise sustainability mandates.
• KPMG Sustainability Services: Big Four firm's global sustainability and ESG advisory practice offering CSRD, TCFD, ISSB, and ESG assurance services to multinational corporates and financial institutions. Established broad incumbent with significant scale advantages competing for regulatory compliance mandates.

Emerging players

• Pollination: Specialist climate advisory and investment firm founded by former bankers, focused on climate finance, transition finance, and policy advisory. Overlapping client base with strong emerging-markets presence and similar focus on financial-institution climate strategy.
• BlueMark: Boutique impact verification and advisory firm focused on impact investing practice standards and verification for fund managers and DFIs. Overlaps with Steward Redqueen's impact measurement & management service line and shares the DFI customer base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInnl.linkedin.com/company/steward-redqueen
• Xx.com/stewardredqueen

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

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 Steward Redqueen