Boston Consulting Group — full event log
Every event we have on file across every reporting year. The Data-by-year tab summarises the top 10 per year; this page shows them all.
← back to Data by year2023· 35 events
BCG disclosed blended carbon price trajectory: $18/tCO2e in 2023, rising to $35/tCO2e by 2025 and approximately $80/tCO2e by 2030.
sustainability_report p.52
BCG is transitioning its carbon credit portfolio to 100% carbon dioxide removal (CDR) credits by 2030, reaching 52% CDR in 2023 (up from 48% in 2022). The portfolio includes nature-based removals (afforestation/reforestation, mangroves, soil carbon) and hybrid/durable solutions (biochar via NetZero in Brazil and Exomad Green in Bolivia — tenfold increase to >3,000 tons biochar). BCG signed a 15-year DAC partnership with Climeworks and new deals with 1PointFive and CarbonCapture Inc, plus NextGen contracts with 1PointFive (DAC), CarboCulture (biochar), and Summit Carbon Solutions (BiCRS) for first deliveries by 2025. Committed to >100,000 tons durable CDR by 2030 via First Movers Coalition.
sustainability_report p.58
BCG redesigned global and regional meetings and L&D programs using a CO2 optimizer tool, reducing emissions per attendee by approximately 40-50%. Virtual recruitment tools and the HT2 (High Touch, High Tech) program produced a 52% reduction in total recruitment-activity carbon emissions vs 2018 baseline (72% intensity reduction accounting for headcount growth).
sustainability_report p.64
The Science-Based Targets initiative (SBTi) validated BCG's targets as aligning with the most ambitious goal of the Paris Agreement: limiting global temperature rise to 1.5°C. Targets include 92% Scope 1+2 reduction per FTE by 2025 and 48.5% business travel emissions reduction per FTE by 2025, with net zero by 2030.
sustainability_report p.11
For 2023 air travel emissions, BCG used DEFRA 2022 emission factors instead of DEFRA 2023 because the 2023 factors used 2021 (pandemic) load factor data that overstated per-passenger carbon intensity. DEFRA 2022 factors are based on pre-pandemic 2019 data and more accurately reflect post-pandemic travel patterns.
sustainability_report p.96
BCG committed to transitioning carbon credit portfolio to 100% CDR (carbon dioxide removal) credits by 2030, with target of 100,000 tons of durable removals via First Movers Coalition commitment.
sustainability_report p.52
Scope 1+2 reduced 95% per FTE vs 2018. Of remaining reductions beyond renewable electricity, 13% came from reduced natural gas heating and shifting leased car fleet to hybrid/EV (49% of leased cars by 2023, up from 7% in 2018). More than 45 BCG offices hold formal green building certifications (LEED Platinum, BREEAM, HQE Excellent, WELL Gold). New Paris office (Le 75) avoided 394 tCO2e by reusing 81+ tonnes of existing materials.
sustainability_report p.57
BCG achieved an A rating in CDP Climate Disclosure grading for the third consecutive year, putting it in the top 2% of companies rated by CDP.
sustainability_report p.11
In 2023, BCG included an estimate of GHG emissions from remote working within the employee commuting Scope 3 category.
sustainability_report p.97
BCG committed $2 billion to climate and sustainability investments by 2030. Through 2023, $750 million invested, more than one-third of target.
sustainability_report p.36
BCG adapted format, cadence and location of practice and global meetings to lower emissions per attendee by approximately 40-50%. Event organizers use a CO2 optimizer tool that identifies the lowest-emission meeting location based on attendee distribution, allowing planners to maximize participation while minimizing emissions and cost.
sustainability_report p.56
BCG achieved a platinum rating in the EcoVadis sustainability assessment, placing in the top 1% of assessed companies. Upgraded from gold in 2022.
sustainability_report p.11
BCG conducted a double materiality assessment (DMA) in 2023, considering not only ESG impacts on business but also business impacts on ESG topics, including human rights. Methodology aligned with GRI, TCFD, WEF and made strides toward CSRD alignment.
sustainability_report p.10
BCG transitioned direct electricity supply to renewable tariffs wherever feasible and procures unbundled energy attribute certificates (EACs) to reach 100% renewable electricity for the remainder. The firm seeks to align EAC purchases as closely as possible to country and year of electricity consumption. This shift drove ~82% of the Scope 1+2 emissions intensity reduction (95% vs 2018 baseline by 2023).
sustainability_report p.57
Supply chain emissions reported in Scope 3 purchased goods and services and capital goods categories (~120 KtCO2e in 2023 — Other Scope 3). BCG is gathering supplier-specific emissions data via CDP public disclosures for accurate calculation. Standard supplier RFP includes a sustainability questionnaire; 100% of supplier contract templates include a commitment to adhere to the Supplier Code of Conduct. Initiated mandatory prescreening for suppliers in higher-risk countries in 2023, with phased global rollout of ESG due diligence by end of 2024.
sustainability_report p.93
BCG maintained PAS 2060 carbon neutral certification, verified by EcoAct, covering full Scope 1, Scope 2, and Scope 3 GHG inventory (as included in business travel target).
sustainability_report p.53
BCG supported SBTN in launching the first-ever science-based targets for nature and partnered with the network to implement targets in 16 pilot companies, plus developed new nature-related guidelines for financial institutions.
sustainability_report p.49
In 2023, 52% of BCG's 425 KtCO2e carbon credit portfolio was carbon dioxide removal (CDR), up from 48% in 2022, on path to 100% CDR by 2030. Portfolio includes 48% afforestation/reforestation, 16% mangroves, 3% soil carbon, 1% biochar (NetZero Biochar in Brazil and Exomad Green in Bolivia, scaling 10x to 3,000+ tons). Signed 15-year DAC partnership with Climeworks and new agreements with 1PointFive, CarbonCapture Inc., plus NextGen inaugural contracts for DAC, biochar, BiCRS — targeting 100,000 tons durable removals by 2030 (First Movers Coalition commitment). Published in-depth DAC cost analysis arguing the technology could reach $150-200/tCO2e at scale. Blended carbon price was $18/tCO2e in 2023, projected to rise to ~$80/tCO2e by 2030.
sustainability_report p.58
BCG advanced from gold to platinum in the EcoVadis sustainability assessment, placing it in the top 1% of assessed companies.
sustainability_report p.11
BCG conducted its first double materiality assessment (DMA) in 2023, considering both the impact of ESG topics on the business and the impact of the business on ESG topics, with methodology aligned toward CSRD framework.
sustainability_report p.10
BCG committed via First Movers Coalition to purchase 100,000 tons of durable carbon removals by 2030, signing deals with 1PointFive (DAC), CarboCulture (biochar), Summit Carbon Solutions (BiCRS), and a 15-year partnership with Climeworks.
sustainability_report p.58
BCG has powered 100% of its offices with renewable electricity since 2019, achieved by transitioning direct electricity supply to renewable tariffs wherever feasible and procuring unbundled energy attribute certificates aligned as closely as possible to country and year of consumption for the remainder. Approximately 82% of BCG's Scope 1+2 reductions came from this shift to renewable electricity. The firm has set an SBTi-validated 92% reduction in Scope 1+2 emissions per FTE by 2025 vs. 2018, already achieving 95% reduction by 2023.
sustainability_report p.57
BCG has reduced Scope 1 emissions through reduced natural gas consumption in offices and shifting leased car fleet to hybrid/EV (49% in 2023 vs 7% in 2018). More than 45 BCG offices hold formal green building certifications (LEED Platinum, BREEAM, etc.). New Paris office at 75 Avenue de la Grande Armée achieved HQE Excellent, LEED Gold, and WELL Gold, with circular renovation avoiding 394 metric tons of CO2 by reusing 81+ metric tons of materials, plus rooftop solar and geothermal.
sustainability_report p.60
BCG has been an early mover on SAF as a component of its net zero strategy, recognising SAF's potential to reduce jet fuel life-cycle emissions by up to 100% vs conventional jet fuel. In 2023, focus was on strengthening partnerships and contributing to an efficient SAF emissions reductions market, including involvement in the Sustainable Aviation Buyers Alliance. BCG reports emissions with and without SAF reductions; in 2023, BCG did not yet use SAF certificates against its inventory.
sustainability_report p.56
BCG reports alignment with UN Sustainable Development Goals across Prosperity (SDGs 4, 8, 9), Planet (SDGs 7, 13, 15), People (SDGs 1, 5, 10), and Governance (SDGs 11, 12, 17). Also serves as the firm's annual UN Global Compact Communication on Progress.
sustainability_report p.12
Employee commuting Scope 3 category now includes estimated emissions from remote working (added in 2023). BCG's hybrid teaming model and Flex@BCG framework reduce in-office commuting frequency. Local Green Teams (1,500+ members across 100+ offices) drive bottom-up initiatives such as the Amsterdam office's 'Veggie by Default' canteen program, estimated to save ~50 tCO2e annually.
sustainability_report p.97
BCG achieved an A rating in CDP Climate Disclosure grading for the third consecutive year, putting it in the top 2% of companies rated by CDP.
sustainability_report p.11
In 2023, BCG included an estimate of GHG emissions from remote working within the employee commuting Scope 3 category.
sustainability_report p.97
BCG pledged $2 billion over the decade to enable teams to drive climate and environmental impact. By end of 2023, $750 million invested (more than 1/3 of the way).
sustainability_report p.36
In 2023, the People Team's leadership shifted from Dinesh Khanna to Alicia Pittman.
sustainability_report p.8
Business travel makes up ~80% of BCG's emissions. The firm has set an SBTi-validated 48.5% per-FTE reduction by 2025 vs 2018, already achieving 62% reduction by 2023. Levers include: cascading carbon budgets to regions/practices/functions; purposeful co-location teaming models with clients; weekend stays at client sites; case emissions calculator and CO2 optimizer tools for case leaders; promoting train over flight where viable; and supporting SAF adoption via the Sustainable Aviation Buyers Alliance.
sustainability_report p.55
BCG embeds ESG principles in procurement, including a Supplier Code of Conduct, supplier sustainability questionnaires in 100% of RFP templates, and 100% supplier sanctions monitoring. The firm is implementing supplier-specific emissions reporting to improve Scope 3 purchased goods/services and capital goods calculations. Initiatives align with Germany's Supply Chain Due Diligence Act and the EU CSDDD. CDP partnership thought leadership highlights that supply chains generate 11x the emissions of in-house operations on average.
sustainability_report p.92
BCG has committed to net zero climate impact by 2030 with SBTi-validated 1.5°C-aligned targets: 92% reduction in Scope 1+2 per FTE by 2025, 48.5% reduction in business travel emissions per FTE by 2025 (vs 2018 baseline), 100% remaining emissions removed with high-quality carbon credits.
sustainability_report p.51
For 2023 air travel emissions, BCG used DEFRA 2022 emissions factors rather than DEFRA 2023, because DEFRA 2023 relies on pandemic-era 2021 load factor data which would have overstated per-passenger carbon intensity.
sustainability_report p.96
Business travel makes up ~80% of total emissions and is the dominant primary lever. Target: 48.5% reduction per FTE by 2025 vs 2018. By 2023, achieved 62% reduction per FTE (already past target zone). Strategies include cascading carbon budgets to regions/practices/functions, purposeful co-location teaming models, weekend stays at client sites, case emissions calculator dashboards for MDPs and project leaders, shift to rail where possible, and investments in Sustainable Aviation Fuel (SAF) via the Sustainable Aviation Buyers Alliance.
sustainability_report p.55
2022· 36 events
BCG's global Information Security Management System received certification for full compliance with the ISO 27001 international information security standard.
sustainability_report p.78
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.
sustainability_report p.49
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.
sustainability_report p.50
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.
sustainability_report p.49
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.
sustainability_report p.38
We acquired Quantis, a sustainability consulting firm with more than 250 consultants, to further strengthen our climate and sustainability expertise.
sustainability_report p.32
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+.
sustainability_report p.53
In 2022, David Webb became BCG's chief sustainability officer (CSO), reporting directly to CEO. Nadjia Yousif became BCG's chief diversity officer (CDO).
sustainability_report p.11
In 2022, we included an estimate of GHG emissions from remote working within the employee commuting Scope 3 category.
sustainability_report p.86
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.
sustainability_report p.15
Scope 1 and 2 emissions intensity 94% lower than 2018 baseline. 82% from shift to renewable electricity, 12% from reduced natural gas heating and shifting leased car fleet to hybrid/electric vehicles. Hybrid and electric vehicles now ~40% of leased cars, +400% growth in fully electric since 2018. Several offices committed to renewing only electric leases from 2022 onward.
sustainability_report p.50
In 2020, we made a $400 million commitment. We have already invested more than $500 million in climate action this decade. We have increased our commitment to $2 billion by 2030.
sustainability_report p.35
To sharpen focus and accelerate further in both areas, Social Impact and Climate & Sustainability became separate sister practices this year.
sustainability_report p.17
Started reporting air travel GHG emissions reductions from sustainable aviation fuel (SAF). Signed new SAF partnerships with Qantas and Air Canada.
sustainability_report p.50
As part of our journey toward net-zero climate impact, we are transitioning our carbon credit portfolio to 100% carbon dioxide removal (CDR) credits by 2030. Joined NextGen CDR Facility as one of five founding buyers.
sustainability_report p.46
More than 40 offices hold formal green building certification such as LEED Platinum or BREEAM. Partnered with specialist sustainability firm to develop green office selection and fit-out standards covering energy, water, furniture. Washington DC flagship office achieved 38% reduction in water consumption and 20% reduction in lighting power density vs average office.
sustainability_report p.52
Signed new SAF partnerships with Qantas and Air Canada, plus existing SkyNRG, Neste, United Airlines. Supported WEF Sustainable Aviation Fuel Certificate (SAFc) Emissions Accounting Guidelines. Participated in first joint SAF certificate pilot via Sustainable Aviation Buyers Alliance (SABA). Require RSB CORSIA / ISCC CORSIA certification.
sustainability_report p.50
Deploying CO2 AI footprint calculator to provide transparency on supply chain emissions. Established sustainable procurement program with supplier sustainability questionnaires integrated into all RFP templates. All category managers attended sustainable procurement training. Worked with CDP on worldwide exclusive partnership to accelerate supply chain decarbonization via CO2 AI Product Ecosystem.
sustainability_report p.83
BCG acquired Quantis in September 2022, a purpose-driven environmental sustainability company focused on building a planetary economy. New leader Allon Zeitoun appointed September 2023.
sustainability_report p.38
BCG increased its commitment from $400 million (set in 2020) to $2 billion by 2030 to advance climate action with clients and partners. Already invested >$500M since 2020.
sustainability_report p.35
BCG's global Information Security Management System received certification for full compliance with the ISO 27001 international information security standard.
sustainability_report p.78
BCG raised its decade-long climate action commitment from $400 million (set in 2020) to $2 billion by 2030.
sustainability_report p.35
Hybrid and electric vehicles now represent ~40% of BCG's leased cars, with fully electric vehicles up over 400% since 2018. Several BCG offices have committed to renewing only electric leases from 2022 onward. Combined with reduced natural gas consumption, this drove a 12% reduction in Scope 1 emissions intensity.
sustainability_report p.50
BCG committed to net-zero climate impact by 2030. SBTi validated targets to reduce Scope 1&2 emissions by 92% per FTE and Scope 3 business travel by 48.5% per FTE by 2025 vs 2018 baseline.
sustainability_report p.15
BCG focuses on all 17 UN SDGs with special emphasis on Goal 17 (partnerships) and Goal 13 (climate action) through carbon credit portfolio. Carbon credits portfolio aligned across SDGs 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 12, 13, 14, 15, 17.
sustainability_report p.14
BCG has powered its offices with 100% renewable electricity since 2019. This is achieved by transitioning direct electricity supply to renewable tariffs wherever feasible, and purchasing unbundled Energy Attribute Certificates aligned as closely as possible to country and year of electricity consumption to cover the remainder. This shift drove approximately 82% of BCG's Scope 1+2 emissions reduction.
sustainability_report p.50
BCG signed new SAF partnerships with Qantas and Air Canada in 2022, while deepening engagement with SkyNRG, Neste, and United. SAF is the most viable in-sector aviation decarbonization lever, delivering up to 85% lower lifecycle CO2 than conventional jet fuel. BCG requires SAF certification under RSB CORSIA, ISCC CORSIA (preferred), RSB Global, RSB EU, ISCC Plus, or ISCC EU. SAF delivered ~1% of the 2022 business travel emissions reduction. BCG participated in the first joint SAF certificate pilot purchase through SABA.
sustainability_report p.50
BCG acquired Quantis, a pioneering environmental sustainability consultancy with more than 250 consultants, to strengthen climate and sustainability expertise.
sustainability_report p.32
BCG participating in the SBTN (Science Based Targets for Nature) Referral Program and is a member of the IFRS Sustainability Alliance, signaling commitment to nature-positive frameworks.
sustainability_report p.35
BCG is transitioning its carbon credit portfolio to 100% CDR credits by 2030. In 2022, CDR represented 48% of the portfolio (up from 44% in 2021), with projects including mangrove restoration (Delta Blue Carbon, Pakistan), soil carbon sequestration (Indigo Ag, US), biochar (NetZero, Cameroon), and afforestation/reforestation. BCG joined the NextGen CDR Facility as a founding buyer at a target blended price of $200/tonne, and supports Climeworks, Breakthrough Energy Catalyst, First Movers Coalition, and Emergent's LEAF coalition. BCG explicitly distinguishes durable removals from avoided-emissions credits and reports both shares transparently.
sustainability_report p.53
BCG evaluates Scope 3 purchased goods and services and capital goods emissions, using supplier-specific CDP data where available. Sustainable procurement integrates a sustainability questionnaire into 100% of supplier RFPs; 100% of supplier contracts require adherence to the Supplier Code of Conduct. Category managers receive sustainable procurement training. As Scope 3 supply chain is the second-largest source after travel, this is becoming a focus area.
sustainability_report p.83
BCG achieved an A rating in the 2022 CDP Climate Disclosure for the second consecutive year, placing it in the top 2% of companies rated by CDP.
sustainability_report p.15
David Webb appointed Chief Sustainability Officer; Nadjia Yousif appointed Chief Diversity Officer; Climate & Sustainability and Social Impact became separate sister practices.
sustainability_report p.11
BCG maintained CarbonNeutral® company certification covering full Scope 1, 2, and 3 GHG inventory (excluding upstream well-to-tank for air travel).
sustainability_report p.46
In 2022, BCG included an estimate of GHG emissions from remote working within the employee commuting Scope 3 category for the first time.
sustainability_report p.86
BCG targets the highest environmental standards for new offices and renovations, with 40+ offices holding green building certifications (LEED Platinum, BREEAM). The Washington DC flagship office targets 38% lower water and 20% lower lighting power density vs an average office. Combined with renewable electricity, office emissions (Scope 1+2) are 94% below 2018 per FTE.
sustainability_report p.52
2021· 14 events
BCG built automated internal reporting tools to calculate Scope 3 purchased goods & services emissions, supplier-specific data from CDP disclosures where possible. Began piloting sustainability scorecards per spending category and trained 100% of category sourcing managers on integrating sustainability into procurement.
sustainability_report p.68
In 2021, BCG validated its emissions intensity reduction targets with the Science Based Targets initiative (SBTi), aligning with the 1.5°C goal. Business travel target tightened to 48.5% reduction per FTE by 2025 vs 2018 baseline.
sustainability_report p.37
BCG became a Science Based Targets Network Referral Program participant and works on nature-positive strategies. Joined LEAF Coalition for forest conservation.
sustainability_report p.26
BCG developed green-building selection and fit-out standards. Over 40 offices have green building certification. New London flagship office is BREEAM Excellent / LEED Gold, all-electric with air-source heat pumps, 80m² solar thermal array, 28% lower embodied carbon than RICS benchmark. Office energy target: 92% Scope 1+2 intensity reduction per FTE by 2025 vs 2018 (already achieved 92% in 2021).
sustainability_report p.41
BCG received an A rating in the 2021 CDP Climate Disclosure, the only management consultancy in the CDP Climate A-List that year.
sustainability_report p.11
BCG's GHG emissions inventory is independently audited and verified against the ISO 14064-3 standard with limited assurance.
sustainability_report p.72
BCG maintained CarbonNeutral® company certification for the fourth consecutive year (since 2018) covering full Scope 1, 2, and 3 emissions.
sustainability_report p.43
In 2021, 100% of BCG's electricity consumption came from renewable energy sources. They achieved this by transitioning direct electricity supply to renewable tariffs where feasible and buying unbundled Energy Attribute Certificates to cover the remainder, aligning EACs to the country and year of consumption.
sustainability_report p.41
BCG cofounded the Aviation Climate Taskforce with 10 global airlines and joined Sustainable Aviation Buyers Alliance, First Movers Coalition (committed to 5% SAF replacement by 2030), Clean Skies for Tomorrow, and Breakthrough Energy Catalyst. Direct SAF purchase agreements with SkyNRG (8-year, 100,000 tons/year facility), United's Eco-Skies Alliance, and Neste covering Nordics travel on SAS/Finnair.
sustainability_report p.40
In 2021, BCG included an estimate of GHG emissions from remote working within the employee commuting Scope 3 category.
sustainability_report p.72
BCG reports alignment with UN Sustainable Development Goals, with special emphasis on Goal 17 (partnerships) and Goal 13 (climate action via carbon credit portfolio).
sustainability_report p.11
Business travel is BCG's most material emissions source. The firm set a 48.5% per FTE reduction by 2025 vs 2018, validated by SBTi. Achieved 87% intensity reduction in 2021 (largely pandemic-driven). Rolling out new case team models, virtual/hybrid meetings, MDP-led change agent network, and sustainable aviation fuel (SAF) purchases via SkyNRG, United Eco-Skies, Neste partnerships.
sustainability_report p.39
BCG committed to transitioning its carbon credit portfolio to 100% carbon dioxide removal (CDR) projects by 2030. In 2021, 44% of credits were CDR (up from 40% in 2020); 87% forestry-related, 13% technology. Signed 10-year partnership with Climeworks (direct-air capture + Carbfix mineralization storage). Joined LEAF coalition for forest protection. Expects blended price of $35/tCO2e in 2025 rising to $80/tCO2e in 2030 as portfolio shifts to 100% removals.
sustainability_report p.43
Hybrid and electric vehicles now represent around one-third of BCG's leased car fleet. In 2021, BCG doubled the number of fully electric vehicles, with some offices committing to renew only electric leases from 2022 onward. Scope 1 emissions from leased cars reduced 13% despite 6% increase in fleet size.
sustainability_report p.41
2020· 19 events
BCG maintained CarbonNeutral® company certification for the third consecutive year, covering full reported Scope 1, 2, and 3 emissions in accordance with the CarbonNeutral Protocol.
sustainability_report p.38
In June 2020 BCG publicly announced six commitments to advancing racial equity in the US, including investing $100 million of talent resources over five years with organizations addressing racial injustice, plus $1M donation to NAACP LDF and SPLC.
sustainability_report p.47
BCG developed a new green-building selection standard for use with brokers during office selection, a green-office refurbishment standard for architects and contractors during fit-out, and best-practice operations documents. The TeamScape program rationalises office space to reduce energy consumption. Direct Scope 1+2 emissions target is 90% reduction per FTE by 2025 vs 2018 baseline.
sustainability_report p.37
BCG achieved an A- rating in the 2020 CDP Climate Disclosure, placing in the top 14% of companies assessed by CDP. Response was nonpublic.
sustainability_report p.10
The leased car fleet contributed 71% of Scope 1 emissions in 2020. BCG tripled the number of hybrid and electric vehicles leased in 2020, reducing absolute Scope 1 fuel-consumption emissions by 10% despite a 10% increase in fleet size.
sustainability_report p.37
BCG joined the Business Ambition for 1.5°C campaign led by SBTi, committing to set science-based targets within two years, and joined the UN Race to Zero campaign.
sustainability_report p.34
BCG restated 2018 and 2019 hotel emissions due to an issue with the uplifts applied to bookings made outside the primary booking tool, and restated 2019 Scope 2 location-based emissions due to improved data accuracy.
sustainability_report p.62
BCG engages with airlines leading the low-carbon transition through core consulting and supplier relationship management. Since 2019 BCG has participated in the WEF-led Clean Skies for Tomorrow coalition workstream focused on creating a scalable marketplace for SAF, and supports SBTi aviation sector guidance.
sustainability_report p.36
BCG committed to achieving net-zero climate impact by 2030 and thereafter becoming climate positive. Carbon credit portfolio to transition to 100% removals by 2030.
sustainability_report p.37
Targets validated by the Science-Based Targets initiative (SBTi) as aligned with 1.5°C: reduce Scope 1 and 2 emissions by 92% per FTE by 2025, reduce Scope 3 business travel emissions by 48.5% per FTE by 2025 vs 2018 baseline. Net-zero by 2030.
sustainability_report p.47
In 2020, 100% of BCG's electricity came from renewable energy sources. This was achieved by continuing to transition direct electricity supply to renewable tariffs wherever feasible, and by buying unbundled Energy Attribute Certificates to reach 100% renewable electricity. Internal sustainability and global real estate teams developed a new green-building selection standard and green-office refurbishment standard.
sustainability_report p.37
In September 2020, BCG announced a new pledge to reach net-zero climate impact within the firm by 2030, including commitment to set science-based targets within two years via the Business Ambition for 1.5°C campaign. Also committed $400M over the decade to climate work with clients.
sustainability_report p.1
In 2020, BCG included an estimate of GHG emissions from remote working within the employee commuting Scope 3 category.
sustainability_report p.62
BCG announced it will transition its offset portfolio from two-thirds avoided emissions and one-third nature-based CDR projects in 2020 to a net-zero portfolio of 100% CDR projects (both nature-based and engineered solutions) by 2030. Expects to voluntarily pay an average of $80/tCO2 by 2030 vs ~$7/tCO2 in 2020. Currently supports 14 projects across 12 countries; CDR share rose from 30% in 2019 to 40% in 2020. Will reference WWF voluntary carbon credit guidance.
sustainability_report p.38
Other Scope 3 emissions (purchased goods, capital goods, waste, commuting incl. WFH, upstream T&D, fuel- and energy-related activities) totalled ~82 KtCO2e in 2020. BCG quantifies supplier-specific data via CDP disclosures where available and integrates sustainability questions into the supplier RFP template to evaluate energy efficiency and carbon emissions of new suppliers; all category managers received sustainable procurement training.
sustainability_report p.57
BCG set targets to reduce Scope 1 and 2 emissions by 90% per FTE by 2025 and business travel emissions (Scope 3) by at least 30% per FTE by 2025, both against 2018 baseline.
sustainability_report p.24
BCG aims to address all 17 UN SDGs in its work with special emphasis on Goal 17: partnerships to achieve the goals.
sustainability_report p.10
Business travel is BCG's most material emission source (~91 KtCO2e in 2020, 80% below 2018). BCG created an internal taskforce to define next-generation ways of traveling, named MDs in each region to lead local reduction, and built a London-developed travel emissions dashboard being piloted globally. The online booking tool now displays per-flight emissions (Europe, expanding to Asia/NA in 2021), prioritises rail over short-haul flights, and surfaces green hotels and EV/hybrid rental options.
sustainability_report p.36
BCG committed $400M over the next decade to enable teams to drive climate and environmental impact with clients. In 2020 BCG completed ~400 climate and environment projects with 300+ clients; the core climate team worked on two-thirds of these. The Center for Climate and Sustainability expanded into more industries and geographies. BCG is a knowledge partner to WEF Net-Zero Challenge, supports the UK COP26 presidency, and partners with SBTi, CDP, TED Countdown, WBCSD and US Business Roundtable.
sustainability_report p.25