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· 16 events
The Science-Based Targets initiative (SBTi) validated BCG's targets as aligning with the most ambitious goal of the Paris Agreement: to limit global temperature rise to 1.5°C above pre-industrial levels. Targets include 92% reduction in Scope 1+2 emissions per FTE by 2025 vs 2018, and 48.5% reduction in Scope 3 business travel emissions per FTE by 2025 vs 2018.
sustainability_report p.11
BCG achieved an A rating in CDP Climate Disclosure for the third consecutive year, putting BCG in the top 2% of companies rated by CDP.
sustainability_report p.11
BCG reports alignment with multiple 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). Carbon credit portfolio aligned with SDGs 1-17.
sustainability_report p.12
BCG conducted a double materiality assessment in 2023 considering both impact materiality and financial materiality, aligning methodology with CSRD framework. Sustainable procurement, supplier diversity, waste, and safety/security reclassified from material to important under new thresholds.
sustainability_report p.10
BCG committed to transitioning carbon credit portfolio to 100% CDR credits by 2030, and to purchase more than 100,000 tons of durable CDR by 2030 as part of First Movers Coalition commitment. CDR share reached 52% in 2023.
sustainability_report p.52
BCG calculated 2023 air travel emissions using DEFRA 2022 emissions factors (rather than 2023) because DEFRA 2023 factors rely on pandemic-impacted 2021 load factor data which inflated per-passenger carbon intensity. DEFRA 2022 factors based on 2019 pre-pandemic data better reflect 2023 travel patterns.
sustainability_report p.96
In 2023, 52% of BCG's 425 KtCO2e retired carbon credits were carbon dioxide removals (up from 48% in 2022), targeting 100% CDR by 2030. Portfolio includes nature-based removals (afforestation, mangroves, soil carbon — 48%), biochar (3%, including partnerships with NetZero Biochar in Brazil and Exomad Green in Bolivia), and durable engineered DAC via 15-year partnership with Climeworks plus new deals with 1PointFive, CarbonCapture Inc., and NextGen (CarboCulture, Summit Carbon Solutions). Committed to purchase 100,000+ tons of durable removals by 2030 via First Movers Coalition. Uses Sylvera ratings (100% of rated projects ranked in top 25% quality).
sustainability_report p.58
45+ offices hold green building certifications (LEED Platinum, BREEAM, etc.). BCG partnered with a specialist sustainability firm to develop green office selection and fit-out standards. 2023 Paris office relocation to L1ve building exemplifies the approach: HQE Excellent, LEED Gold, WELL Gold certifications; avoided 394 metric tons CO2 by reusing 81+ tonnes of existing materials; rooftop solar and geothermal system. Natural gas use in offices reduced.
sustainability_report p.60
BCG achieved carbon neutrality in business operations for the period January 1 to December 31, 2023, in accordance with PAS 2060 requirements. Verified by EcoAct, covering full reported Scope 1, 2, and 3 GHG inventory.
sustainability_report p.58
BCG achieved a platinum rating in the EcoVadis sustainability assessment, placing it in the top 1% of assessed companies (upgraded from gold in 2022).
sustainability_report p.11
In 2023, BCG included an estimate of GHG emissions from remote working within the employee commuting Scope 3 category, expanding measurement scope.
sustainability_report p.97
BCG offices have used 100% renewable electricity since 2019. The firm transitions direct electricity supply to renewable tariffs wherever feasible and procures unbundled energy attribute certificates (EACs) for the remainder, aligning EACs as closely as possible to the country and year of electricity consumption. This shift drove approximately 82% of the firm's Scope 1+2 emissions reduction. Additionally, hybrid and electric vehicles now represent 49% of the leased car fleet (up from 7% in 2018).
sustainability_report p.57
Business travel is BCG's largest emissions source (~80% of total). SBTi-validated target: cut Scope 3 business travel emissions by 48.5% per FTE by 2025 vs 2018 baseline; achieved 62% reduction by 2023. Levers include cascading carbon budgets to regions/practices/functions with named owners, purposeful co-location teaming models with clients, weekend stays at client sites, evolved internal meeting formats (40-50% emissions reduction per attendee via CO2 optimizer tool), case emissions calculator dashboards visible to MDPs, and promoting train over air where viable.
sustainability_report p.55
BCG has been an early mover in adopting SAF as a key component of its net zero strategy, recognizing SAF can reduce jet fuel life-cycle emissions by up to 100%. In 2023, focused on strengthening partnerships and contributing to an efficient SAF emissions reductions market, including involvement in the Sustainable Aviation Buyers Alliance and partnerships with accounting standards and registries. Did not retire SAF certificates in 2023's reported inventory.
sustainability_report p.56
BCG estimates it is supporting clients to implement reductions of more than 1 gigaton of CO2 emissions by 2030 — equivalent to the combined annual emissions of Germany and the UK. Delivered 1,500+ climate and sustainability projects in 2023 (up 56% YoY) for 700+ clients. ~70% of top 100 Energy and Industrial Goods clients engaged on climate/sustainability cases. Committed $2 billion through 2030; $750 million invested since 2020.
sustainability_report p.36
Other Scope 3 sources (purchased goods, capital goods, employee commuting, fuel/energy, waste) totaled 120 KtCO2e in 2023 (up from 106 KtCO2e in 2018). BCG embeds sustainability questionnaires in 100% of supplier RFP templates, requires Supplier Code of Conduct adherence in 100% of supplier contracts, and is collecting supplier-specific emissions data to enable Scope 3 decarbonisation tracking. Achieved EcoVadis Platinum rating in 2023.
sustainability_report p.92
2022· 20 events
Business travel is BCG's largest emissions source. Target: cut 48.5% per FTE by 2025 vs 2018. Achieved 60% reduction per FTE in 2022 (50% from changing travel behaviors, 9% aviation efficiency, 1% SAF). Levers: hybrid co-location plans with clients, weekend stay-overs to reduce trips, defaulting train over plane for viable European routes, and reformatted global meetings reducing emissions per attendee ~40%.
sustainability_report p.49
More than 40 BCG offices hold formal green building certification (LEED Platinum, BREEAM). New offices follow BCG green office standards developed with a specialist sustainability firm, covering energy, water, lighting density, EnergyStar appliances, climate-neutral furniture, and accessibility. Flagship Washington DC office targets 38% water reduction and 20% lighting power density reduction vs average office.
sustainability_report p.50
BCG signed new SAF partnerships with Qantas and Air Canada (Leave Less Travel Program) and deepened existing partnerships with SkyNRG, Neste, and United Airlines. Helped develop WEF's SAFc Emissions Accounting Guidelines and SABA Sustainability Framework for SAF. Requires SAF verified against RSB CORSIA / ISCC CORSIA standards. SAF accounted for ~1% of 2022 business travel reductions—small but a deliberate early-adopter signal.
sustainability_report p.50
All BCG supplier RFP templates include a sustainability questionnaire (enhanced in 2022 for energy efficiency assessment), and 100% of supplier contracts require adherence to the Supplier Code of Conduct. BCG is quantifying Scope 3 purchased goods/services emissions to inform supplier engagement, and 100% of category managers attended sustainable procurement training.
sustainability_report p.83
BCG's targets validated by SBTi as aligned with the most ambitious goal of the Paris Agreement: 92% reduction in Scope 1+2 per FTE by 2025 and 48.5% reduction in Scope 3 business travel emissions per FTE by 2025, vs 2018 baseline. Net-zero by 2030.
sustainability_report p.15
In 2020 BCG made a $400M commitment to advance climate action. Having invested >$500M already, BCG increased the commitment to $2 billion by 2030.
sustainability_report p.35
BCG acquired Quantis, a pioneering environmental sustainability consultancy with more than 250 consultants, to strengthen climate and sustainability expertise.
sustainability_report p.32
Achieved A rating in 2022 CDP Climate Disclosure for the second consecutive year, placing BCG in top 2% of companies rated by CDP.
sustainability_report p.15
BCG maintained CarbonNeutral® company certification covering full Scope 1, 2, and 3 GHG inventory.
sustainability_report p.46
BCG's global Information Security Management System received ISO 27001 certification.
sustainability_report p.78
BCG focuses intensively on UN SDGs with special emphasis on Goal 17 (partnerships) and Goal 13 (climate action) through carbon credit portfolio. 2022 carbon credit projects support multiple SDGs (1, 2, 3, 4, 5, 6, 7, 8, 9, 12, 13, 14, 15, 17).
sustainability_report p.14
In 2022, BCG included an estimate of GHG emissions from remote working within the employee commuting Scope 3 category.
sustainability_report p.86
Began claiming emissions reductions from sustainable aviation fuel (SAF) purchases aligned with WEF SAFc Emissions Accounting Guidelines. SAF reduced 2022 business travel emissions by ~1%.
sustainability_report p.50
Since 2019, 100% of BCG office electricity has come from renewable energy sources. BCG transitions direct electricity supply to renewable tariffs wherever feasible, and purchases unbundled Energy Attribute Certificates aligned to country and year of consumption for the remainder. This drove ~82% of the Scope 1+2 emissions reduction. The leased car fleet is also transitioning—hybrid and electric vehicles now represent ~40% of leased cars, with full EV count up 400% since 2018.
sustainability_report p.50
Quantis, an environmental sustainability company focused on building a planetary economy, was acquired by BCG in September 2022. New leader Allon Zeitoun appointed in September 2023.
sustainability_report p.38
BCG is investing in a portfolio of high-quality removal solutions and aims to transition to 100% CDR credits by 2030. In 2022, 48% of the carbon credit portfolio was CDR (up from 44% in 2021), covering afforestation/reforestation, mangroves (Delta Blue Carbon, Pakistan), soil carbon sequestration (Indigo Ag), and biochar (NetZero, Cameroon). Joined the NextGen CDR Facility as one of five founding buyers with a target blended price of $200/tCO2e to scale durable removals, and supports Climeworks DAC and the First Movers Coalition. All credits verified against leading voluntary standards (VCS, Gold Standard, Puro) and rated by Sylvera (average A rating across rated portfolio).
sustainability_report p.53
BCG joined SBTN Referral Program and IFRS Sustainability Alliance, supporting clients in nature-positive aspirations. Also a participant in Emergent's LEAF Coalition for tropical forest protection.
sustainability_report p.35
Hybrid and electric vehicles now represent ~40% of BCG's leased car fleet, with fully electric vehicle count up 400% since 2018. Several BCG offices have committed to renewing only electric leases from 2022 onward, contributing ~12% of the Scope 1+2 reductions alongside natural gas reductions.
sustainability_report p.50
In 2022, BCG separated Social Impact and Climate & Sustainability into separate sister practices to sharpen focus and accelerate both areas.
sustainability_report p.17
BCG committed to transition carbon credit portfolio to 100% carbon dioxide removal (CDR) credits by 2030. CDR share reached 48% in 2022, up from 44% in 2021.
sustainability_report p.46
2020· 3 events
BCG committed in June 2020 to invest $100M in BCG talent resources over five years to advance racial equity; $72M deployed by end of 2022. Also committed to $1M donations to Black equity organizations.
sustainability_report p.66
BCG has committed to achieving net zero climate impact by 2030 and to becoming climate positive thereafter, removing more carbon from the atmosphere than emitted each year. Also committed $2 billion investment in climate/sustainability by 2030.
sustainability_report p.52
In June 2020, BCG made six public commitments to advance racial equity in the US: accelerate Black BCGer representation, foster accountability, strengthen supplier diversity, advance clients' racial equity work, invest $100M in BCG talent over 5 years, and donate $1M over 5 years to racial equity organizations.
sustainability_report p.74