Forethix

What Forethix does

Forethix S.à r.l. is a privately held Luxembourg-based sustainability advisory firm founded in 2013 by Stephanie Deltenre, operating with approximately 11 employees from its operational center in Capellen under family-controlled ownership. The company delivers three integrated service lines: Advisory (consulting across sustainability strategy, climate and carbon, transparency and reporting, label/rating services, and sustainable finance), Academy (GRI Certified Training Programs and specialized modules such as Corporate Sustainable Financing and Human Rights Due Diligence, delivered via webinars, seminars, and intra-company sessions in English and French), and Audit (first-, second-, and third-party assurance aligned with AA1000AS and ISO 19011).

Its core methodology is a cross-standards approach that integrates international frameworks — GRI, ESRS, CSRD, EU Taxonomy, UN SDGs, UNGP, OECD Guidelines, AA1000, CDP, TCFD, SASB, and Integrated Reporting — applied through industry-specialized teams covering banking, asset management, insurance, industry and mining, real estate, transport and logistics, energy, and government/public services. Forethix is the exclusive GRI Certified Training Partner for Europe, Asia, Africa and the Middle East (since December 2021) and holds related credentials including AA1000AS licensed assurance provider, European Official Training Organisation status (N°10042568/1), UNPRI Service Provider, LuxFLAG Associate Member, and ABBL ESG Training Partner.

The business model is professional services revenue generated through customized, quote-based advisory and audit engagements, complemented by per-course training fees (e.g., €240 per webinar seat, €2,500 for the Morocco GRI session). Go-to-market is enterprise field sales combined with inside sales, supported by content marketing (website, blog, newsletters, webinars, conferences), business case studies, and a partnership channel — most notably the March 2023 Greenomy partnership that bundles EU Taxonomy SaaS tooling with advisory. Target geographies span Europe and MENA, with named enterprise clients including ArcelorMittal Luxembourg, Cargolux, Encevo, IKO Real Estate, IDELUX, Bollig Group, and Skol Brewery (Unibra) in Rwanda.

Name

Forethix

Legal name

FORETHIX S.à r.l.

Website

https://forethix.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

11–50 employees

Short description

Forethix is a Luxembourg-based sustainability advisory firm offering consulting, certified training, and audit services across GRI, ESRS, CSRD, and EU Taxonomy frameworks to enterprise and mid-market clients in banking, asset management, industry, real estate, transport, and energy across Europe and MENA.

Ownership category

akta.pro rank

Product category

Sustainability Advisory Services

NAICS

Management Consulting Services (54161), Environmental Consulting Services (541620), Management, Scientific, and Technical Consulting Services (5416)

SIC

Services-Management Consulting Services (8742), Services-Engineering, Accounting, Research, Management (8700)

akta.pro primary industry

Sustainability & ESG Consulting (BPAHACAK)

akta.pro secondary industries

ESG Governance, Sustainability Reporting & Assurance Advisory (BPAHAFAJ), ESG Strategy & Materiality Assessment (EUAHAJAA), Sustainable Finance & ESG Ratings/Benchmarking Support (EUAHAJAH)

Keywords

• Sustainability advisory services
• ESG reporting consulting
• GRI certified training
• EU Taxonomy alignment
• Sustainability audit assurance

Headquarters

HQ city

Capellen

HQ country

Luxembourg

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Marketing or Sales

Revenue model

1. Advisory and Consulting Services: Advisory engagements covering sustainability strategy, risk management, governance, due diligence, stakeholder engagement, greenwashing assessment, supply chain management, and reporting/communication. Services are customized to client size, sector, and sustainability maturity, delivered by industry-specialized consultants.
2. Academy Training Programs: GRI-certified training programs, webinars, seminars, and capacity-building courses delivered as inter-company or intra-company sessions. Programs cover GRI reporting, sustainability fundamentals, CSRD/ESRS, corporate sustainable financing, and sector-specific modules. Revenue is generated through participant fees per course or module.
3. Audit and Compliance Services: First-party, second-party, and third-party audits of sustainability management systems, aligned with AA1000 Audit Standards and ISO 19011. Supports organizations in obtaining certifications, labels (ESR, EcoVadis, B Corp, LuxFLAG), and continuous improvement verification.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

Forethix is a sustainability advisory firm that helps organizations integrate ESG criteria into their business models, operational systems, and decision-making through three service lines: Advisory (consulting across due diligence, materiality analysis, stakeholder engagement, ESG strategy, climate/carbon, reporting, labels/ratings, and sustainable finance), Academy (GRI-certified training programs and webinars in English and French), and Audit (AA1000AS- and ISO 19011-aligned first-, second-, and third-party assurance). The firm serves enterprise and mid-market clients across Europe and MENA with industry-specialized teams applying a cross-standards methodology spanning GRI, ESRS, CSRD, EU Taxonomy, UN SDGs, and other international frameworks.

Product overview

Forethix is a sustainability advisory firm offering three core service lines: Advisory (consulting services), Academy (certified training programs), and Audit (compliance assurance). The Advisory practice provides strategy, risk management, reporting, and label/rating support across five pillars: Sustainability Strategy, Climate & Carbon, Transparency & Reporting, Label & Rating Services, and Sustainable Finance. The Academy offers GRI Certified Training Programs in English and French with 9-10 modules covering reporting standards, materiality analysis, and ESRS, plus specialized courses on Corporate Sustainable Financing and Human Rights Due Diligence. The Audit practice conducts first-party, second-party, and third-party audits based on AA1000 and ISO19011 standards. Through a partnership with Greenomy, Forethix also provides EU Taxonomy eligibility and alignment analysis as a one-stop-shop solution.

Differentiator

Problem solved

Functional benefit

Products and services

• Advisory Sustainability consulting services for organizations needing to integrate ESG criteria into business models, operations, and decision-making. Spans due diligence, risk and impact assessment, stakeholder engagement, strategy and governance, implementation support, reporting, and certification support aligned with GRI, ESRS, CSRD, EU Taxonomy, UN SDGs, and other frameworks.
• Academy Sustainability training programs covering GRI reporting, ESRS, materiality analysis, sector standards, human rights due diligence, corporate sustainable financing, and ESG fundamentals. Delivered via inter-company webinars (English/French), in-person seminars, and intra-company bespoke sessions.
• Audit Analysis and compliance assurance of organizations' management systems and stakeholder systems for labels, certifications, and continuous improvement. Conducts first-party, second-party, and third-party audits aligned with AA1000 Audit Standards and ISO 19011:2018.
• GRI Certified Professional+ Program (EN/FR) GRI-certified training program consisting of 10 modules covering fundamentals of GRI reporting including sustainability reporting introduction, stakeholder engagement, materiality analysis, human rights due diligence, and ESRS, with certification exam preparation. Delivered as 4-day webinar in English or French with maximum 20 participants.
• Programme de Formation Certifié GRI (French - Morocco Session) French-language GRI certified training program with 9 modules covering sustainable development reporting fundamentals, GRI 2021 standards, materiality analysis, sector standards, and certification exam preparation. Priced at 2,500 euros excluding VAT and RAS for the Morocco session.
• Corporate Sustainable Financing Training (Webinar) Two-hour training module covering investor disclosure expectations, sustainable investment fundamentals, regulatory and international standards requirements, and ESG rating agency assessment criteria. Priced at 240 euros VAT excluded with unlimited participants.
• Webinaire: Développement durable - le coût de l'inaction One-hour French-language webinar exploring the cost of inaction in sustainability, covering economic, environmental, and social impacts, action plans, and strategic decision-making for business leaders.
• Human Rights Due Diligence Training Training program covering the 6 keys to human rights due diligence success: awareness building, practical application, impact analysis, access to remedies, monitoring and action plans, and publication of commitments.

Quantifiable outcome

• 87% of mandates are renewed, reflecting strong client retention and trust-based relationships.
• +4 more outcomes

Named customers7 records

Segments9 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• GreenomycoreTechnology or Integration · 17 March 2023Forethix became an official Greenomy Partner, the first SaaS platform in Europe dedicated to EU Taxonomy eligibility and alignment analysis. The partnership provides a one-stop-shop solution to help organizations organize, coordinate, implement and tool taxonomic eligibility and alignment analysis, defining concrete action plans for continuous progress. Greenomy's platform automatically cross-references client data with the EU Taxonomy framework to calculate alignment degrees.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• EcoVadis: Global sustainability ratings platform whose methodology Forethix helps clients prepare for (Label & Rating Services). Indirect competitor and adjacent ratings ecosystem player; also awarded Forethix its Gold Medal.
• KPMG ESG / Sustainability Services: Big 4 sustainability practice offering CSRD, EU Taxonomy, climate risk, and assurance. Competes with Forethix for enterprise mandates where scale, geographic footprint, and audit adjacency create structural advantages.
• Sustainalytics: Morningstar-owned ESG research and ratings provider serving asset managers and banks. Competes for ESG research and disclosure support budgets with Forethix's sustainable finance advisory offering.
• DNV (Business Assurance): Global assurance and certification body running AA1000AS-aligned ESG assurance and management system audits. Competes with Forethix's Audit pillar and overlaps in sustainability standards-based assurance engagements.

Emerging players

• Datamaran: AI-powered ESG analytics and regulatory intelligence platform. Adjacent SaaS player competing for the same CSRD/EU Taxonomy-driven budgets, particularly with corporate and financial clients in Europe.
• Greenomy: EU Taxonomy SaaS platform partnered with Forethix. Although primarily technology, it competes for the same EU Taxonomy and CSRD compliance budget and shapes how clients consume advisory vs. automated reporting services.

Direct peers

• CO2logic: Belgian sustainability consultancy with strong footprint in Europe and Africa delivering carbon strategy, ESG advisory, and sustainability reporting. Comparable mid-sized boutique profile and cross-border MENA/Africa delivery model.
• Anthesis Group: Global sustainability advisory firm providing strategy, reporting, supply chain, and climate services to corporates and financial institutions. Comparable full-stack advisory-academy-audit-style service portfolio with broader geographic reach.
• Carbone 4: Paris-based carbon and sustainability consultancy advising corporates and financial institutions on climate strategy, reporting, and transition. Closely mirrors Forethix's advisory-plus-Audit positioning and serves overlapping EU banking and asset management clients.
• South Pole: Global climate and sustainability advisory and solutions provider offering strategy, carbon, and disclosure services to enterprises. Comparable to Forethix in business model (advisory-led, professional services) and customer segments (large corporates navigating CSRD/climate disclosure).

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/forethix

Compliance10 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 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 Forethix