Dependent: Supplier and vendor sustainability standards As a UN Global Compact participant, FTI Consulting's Vendor Code of Conduct requires vendors to uphold similar standards, including commitments to mitigating environmental risks, conserving natural resources, and managing energy use responsibly. Materials purchased for new office spaces must meet stringent standards for reduced GHG emissions, air quality compliance, and pollutant source controls.
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Primary: Business travel reduction via policy and technology Business travel is FTI's largest emissions source. The firm raised the threshold for flying business class for professionals below Managing Director to a minimum 5-hour flight duration (previously 3 hours), disallowed black cars while promoting eco-friendly ride-share, invested in videoconferencing technology, and educates employees on lower-emissions transport (e.g., train over air on NY-DC corridor). Target: 50% reduction in Scope 3 business travel emissions per employee by 2030 vs 2019 baseline.
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Renewable electricity via REC purchases and renewables-powered offices 2022 marked the first year FTI Consulting purchased RECs. The firm increased the percentage of its real estate portfolio (by square footage) powered or offset by 100% renewable energy from 9% in 2021 to 36% in 2022. Offices powered or offset by 100% renewable energy include Brussels, Chicago, London, New York City (1166 Avenue of the Americas) and Washington, D.C. The London office is also EMS ISO 14001 certified and 100% climate neutral. FTI is evaluating opportunities to expand its portfolio of RECs and carbon offsets.
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Primary: Cloud migration of data infrastructure 71% of data storage servers in North America and EMEA regions transitioned to the cloud. In 2019, FTI completed migration of the Annapolis, MD Data Center to the cloud, equating to a CO2 reduction of 1,162 tCO2e annually. Generator equipment and power distribution materials were recycled or repurposed.
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Primary: Elimination of Scope 1 fuel combustion In 2022, FTI fully eliminated fuel-related Scope 1 emissions by removing a backup generator at one office and selling the single company-owned fleet vehicle. HFCs (refrigerant losses) are not yet included in the inventory but are being evaluated.
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First-time limited assurance on emissions data FTI Consulting received limited assurance on the 2022 emissions data reported, demonstrating commitment to enhanced emissions data reporting.
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ISO 14001 certifications for additional offices Achieved ISO 14001 certifications for Aldermanbury Square office in London and Paseo de Recoletos and Paseo de la Castellana offices in Madrid in 2022; Place de la Madeleine office in Paris in 2023.
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Forward-looking emissions reduction targets set Set forward-looking targets to reduce Scope 1 emissions by 50% by 2030, Scope 2 emissions by 50% per employee by 2030, and Scope 3 emissions from business travel by 50% per employee by 2030, toward net-zero GHG emissions by 2030.
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Revised pay gap calculation methodology In 2022, FTI Consulting introduced a revised methodology to calculate pay and bonus gaps. Historical comparison for 2021 was also revised using the updated methodology.
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Primary: Real estate optimization and energy efficiency FTI prioritizes LEED-certified (or equivalent) buildings, with 60% of employees in LEED-certified offices as of December 31, 2022. The firm reduced square footage per employee by 41% in 2022 vs 2019 through a hybrid seat-sharing model. Energy consumption per employee fell 23% vs 2019. New office build-outs use LED lighting, EnergyStar-certified appliances, and submetering. A third party is conducting energy audits for several largest offices.
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