ISO 27001 certification for global Information Security Management System BCG's global Information Security Management System received certification for full compliance with the ISO 27001 international information security standard.
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Primary: Business travel reduction (60% intensity cut since 2018) Business travel is our largest source of emissions. Target: 48.5% per FTE reduction by 2025 vs 2018. Achieved 60% reduction by 2022. Approximately 50% came through changes in the way we travel, 9% through aviation efficiency gains, 1% from SAF. Hybrid and flexible teaming models, weekend stays to reduce trips, default train booking for viable European routes, internal meeting carbon budgeting tools.
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100% renewable electricity since 2019 via PPAs and unbundled EACs 100% of our office electricity came from renewable energy sources. We achieved this by continuing to transition our direct electricity supply to renewable tariffs, wherever feasible to do so, and by buying unbundled Energy Attribute Certificates to reach 100% renewable electricity for the remainder. We seek to align the EACs we purchase as closely as possible to the country and year of electricity consumption.
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Primary: Business travel reduction (largest emissions source) Business travel is BCG's largest emissions source. Target: cut Scope 3 business travel by 48.5% per FTE by 2025 vs 2018 baseline. In 2022, intensity was 60% below 2018, with ~50% from changes in travel patterns, 9% from aviation efficiency, and 1% from sustainable aviation fuel. Levers include hybrid/flexible teaming with clients, fewer trips per project, train-first defaults in Europe, and SAF partnerships with Qantas, Air Canada, Neste, SkyNRG, and United.
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Acquired Quantis environmental sustainability firm BCG acquired Quantis, a purpose-driven environmental sustainability company focused on building a planetary economy, in September 2022. New leader Allon Zeitoun appointed in September 2023.
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Acquired Quantis sustainability consulting firm We acquired Quantis, a sustainability consulting firm with more than 250 consultants, to further strengthen our climate and sustainability expertise.
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Transition to 100% durable carbon removals by 2030; DAC, biochar, mangroves As part of our journey toward net-zero, we are transitioning our carbon credit portfolio to 100% CDR credits by 2030. In 2022, 48% of portfolio was CDR (up from 44% in 2021). Supporting pioneering projects: Delta Blue Carbon mangroves restoration (Pakistan), Indigo Ag soil carbon sequestration (US), NetZero biochar (Cameroon). Joined NextGen CDR Facility as founding buyer at $200/tonne blended price. Partnership with Climeworks for direct air capture. Joined Emergent's LEAF coalition for jurisdictional REDD+.
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Appointed Chief Sustainability Officer and CDO In 2022, David Webb became BCG's chief sustainability officer (CSO), reporting directly to CEO. Nadjia Yousif became BCG's chief diversity officer (CDO).
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Added remote working to employee commuting Scope 3 In 2022, we included an estimate of GHG emissions from remote working within the employee commuting Scope 3 category.
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CDP Climate A List recognition for second year Achieved an A rating in the 2022 CDP Climate Disclosure for the second year, placing us in the top 2% of companies rated by CDP.
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