FTI Consulting

Carbon per million dollars of revenue. The legacy industry-standard reference (CDP, MSCI). Useful for cross-sector context, but distorted by margin — high-margin firms appear artificially efficient. Read alongside the operational and asset intensities for the full picture.

OpEx (operating expenditure) is the running cost of the business — staff, services, energy, materials. This shows how carbon-intensive operations are per million dollars of spend. Removes the margin distortion that revenue-based ratios introduce.

EVIC (Enterprise Value Including Cash) is the firm's total capital footprint — equity + debt + cash + minority interest. The EU's standard intensity measure (SFDR PAI 3) — answers: how much carbon does each million of capital deployed in this business produce?

PP&E (Property, Plant & Equipment) plus leased real-estate assets is the firm's physical infrastructure on the balance sheet. This shows the carbon intensity of that physical footprint — uses Scope 1+2+3 for consistency with the other headline intensities. Surfaces stranded-asset risk for asset-heavy firms.

Carbon per FTE (full-time-equivalent employee) — the diagnostic measure for people-leveraged businesses where headcount, not capital, drives delivery. Captures the office, energy and travel footprint per person.

• · berkeley_voluntary_registry

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.

FTI Consulting is developing a road map centered around its target to reach net-zero carbon emissions by 2030, using a combination of both offsets and reduction strategies. The firm is evaluating opportunities to expand its portfolio of both RECs and carbon offsets, and has engaged with environmental product providers including energy attribute certificate, carbon offsets, green tariffs and sustainable aviation fuel program providers. No durable removals (DAC, BECCS, biochar) disclosed.

• 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.

• 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.

• 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.

• 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.

• 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.