Alvarez & Marsal Launches Environmental, Social and Governance Services Practice

A&M Managing Director, Julie Hertzberg to lead ESG practice, bringing the firm’s integrated approach to growing and evolving ESG demands and ambitions

Leading global professional services firm Alvarez & Marsal (A&M), has launched its Environmental, Social and Governance (ESG) Services practice, led by Managing Director, Julie Hertzberg expanding her existing leadership role within the firm. The ESG Services practice will be integrated with A&M’s financial, operational and industry expertise, in a unique approach to meet the ESG needs of private equity (PE) firms, their portfolio companies, corporate clients, and organizations across multiple industry sectors and geographies.

A&M ESG Services will focus on assisting clients with ESG assessments, disclosures, strategies, diligence, and initiatives that enhance ESG ratings and performance. The ESG practice aligns with A&M’s global teams, applying a fact-based mindset and technology focus, to drive meaningful value through targeted analysis, effective solutions and practical integration.

“A&M’s ESG offering is rooted in our integrated platform and our ‘leadership, action, results’ credo,” said Tony Alvarez II, CEO and Co-founder of Alvarez & Marsal. “It dovetails with the turnaround, transaction and transformation know-how A&M is known for. Julie’s proven leadership at the C-suite and board level positions A&M to deliver ESG solutions built upon the firm’s legacy of practicality and results-driven approach.”

ESG veterans Rich Goode and Vic Svec join as Managing Directors within A&M’s ESG Services practice alongside Ms. Hertzberg.

Prior to joining A&M, Mr. Goode served as a Managing Director with EY’s Climate Change and Sustainability Services practice. While there, he developed ESG programs for large organizations across multiple sectors including pharmaceuticals, financial services, and diversified industrials. Previously, Mr. Goode had served as the Global Head of Sustainability at Alcatel-Lucent, leading the company to be named to the CDP Leadership and the Dow Jones Sustainability Indexes and recognized as a top five greenhouse gas (GHG) accounting program in the Environmental Investment Organization’s Global 800 Report.

Mr. Svec had more than 30 years of ESG, investor relations and corporate communications experience with multiple Fortune 500 companies. He previously served as Senior Vice President of Global Investor and Corporate Relations at Peabody Energy, which was recognized by Institutional Investor Magazine as best in its sector for ESG disclosures. He also led an initiative to align the global industry to develop an inaugural set of responsible industry principles. Under his ESG leadership, Peabody was a recipient of both Fortune Most Admired Companies honors and the Platts Global Energy Award for social responsibility.

Ms. Hertzberg said, “Our ESG practice complements the firm’s key lines of service to help clients maximize valuation, reduce the cost of capital, manage risks and strengthen supply chains. Rich’s and Vic’s collective expertise catapults our ability to protect and create value for clients at every stage of their ESG journey. Together with them, I look forward to helping our clients build better companies.”

About Alvarez & Marsal

Companies, investors and government entities around the world turn to Alvarez & Marsal (A&M) for leadership, action and results. Privately held since its founding in 1983, A&M is a leading global professional services firm that provides advisory, business performance improvement and turnaround management services. When conventional approaches are not enough to create transformation and drive change, clients seek our deep expertise and ability to deliver practical solutions to their unique problems.

With over 5,000 people across four continents, we deliver tangible results for corporates, boards, private equity firms, law firms and government agencies facing complex challenges. Our senior leaders, and their teams, leverage A&M’s restructuring heritage to help companies act decisively, catapult growth and accelerate results. We are experienced operators, world-class consultants, former regulators and industry authorities with a shared commitment to telling clients what’s really needed for turning change into a strategic business asset, managing risk and unlocking value at every stage of growth.

To learn more, visit: AlvarezandMarsal.com. Follow A&M on LinkedIn, Twitter, and Facebook.

Contacts

Kelsey Eidbo, Infinite Global, +1 415-505-0392

Sandra Sokoloff, Senior Director of Global Public Relations
Alvarez & Marsal, +1 212-763-9853, +1 917-940-8361