ERM, a sustainability advisory firm, completed the acquisition of Point Advisory, a climate change and sustainability consultancy. Financial terms were not disclosed. “A strong new wave of ESG capital inflow is happening, driven by a combination of governments and corporates around the world committing to net zero targets. This includes Australia’s recent pledge to achieve net zero carbon emissions by 2050, which has already led to a major shift in its business and investment landscape. This transition will rapidly accelerate demand for climate change, carbon consulting and sustainability services, similar to what we’ve seen in other markets over the past decade," Tom Reichert, ERM Group CEO.