Bain & Company achieves carbon neutrality for the seventh year in a row

Bain & Company achieves carbon neutrality for the seventh year in a row

Bain & Company, the global business consulting firm, announced today its seventh annual certification as a 100 percent CarbonNeutral® company – an achievement few can claim, according to Natural Capital Partners, a world-leading provider of carbon emission reduction and renewable energy solutions.

  • June 05, 2018
  • min read
Bain & Company achieves carbon neutrality for the seventh year in a row

BAIN & COMPANY ACHIEVES NET ZERO CARBON EMISSIONS FOR THE SEVENTH YEAR IN A ROW

NEW YORK – June 5, 2018– Bain & Company, the global business consulting firm, announced today its seventh annual certification as a 100 percent CarbonNeutral® company – an achievement few can claim, according to Natural Capital Partners, a world-leading provider of carbon emission reduction and renewable energy solutions.

This announcement comes on the heels of Bain & Company being named among the top five percent of companies globally for corporate responsibility by EcoVadis, the leading platform for environmental, social and ethical performance ratings for global supply chains, which awarded Bain a gold rating this year.

Bain’s CarbonNeutral® status is the result of an employee-led effort to minimize Bain’s carbon footprint through local initiatives across its 56 offices, including energy efficient workspaces, recycling and reduced paper usage. These activities complement firm-wide initiatives, such as server consolidation, increased teleconferencing and the purchase of green energy, which constitutes more than 96 percent of Bain’s electricity consumption.

Bain fully offsets the unavoidable portion of its carbon footprint, including employee travel for client meetings, by investing in renewable energy technologies and conservation initiatives around the world. To date, Bain has invested in nearly 30 sustainability projects in eight countries—including landfill methane capture in the US, solar power in China, and renewable biomass fuel in Brazil. These projects are only financially viable because of the carbon-finance investments they receive from companies like Bain & Company.

To achieve CarbonNeutral® status, Bain works with Natural Capital Partners. Certification involves a rigorous and independent assessment of seven different greenhouse gas emissions, coupled with an offset-inclusive emissions reduction program.

“Once again Bain & Company is recognized as a sustainability leader among global corporations,” said Steven Tallman, Bain partner and head of the firm’s global operations. “We continue to be just as proud of this accomplishment as we were the first year we achieved CarbonNeutral® status, and we are constantly exploring new ways to minimize our environmental footprint, tap into our people’s passions and help our clients be better stewards of the environment.”

Bain’s research shows that while 93 percent of CEOs see sustainability as important to the future success of business, only 2 percent of companies achieve their sustainability goals. The firm works to help its corporate clients beat these odds by accelerating their core business strategies while addressing environmental, social and economic fairness considerations.

For more information or to arrange an interview with Mr. Tallman, please contact Katie Ware at katie.ware@bain.com or +1 646 562 8107.

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About Bain & Company

Bain & Company is a global consultancy that helps the world’s most ambitious change makers define the future.

Across 65 cities in 40 countries, we work alongside our clients as one team with a shared ambition to achieve extraordinary results, outperform the competition, and redefine industries. We complement our tailored, integrated expertise with a vibrant ecosystem of digital innovators to deliver better, faster, and more enduring outcomes. Our 10-year commitment to invest more than $1 billion in pro bono services brings our talent, expertise, and insight to organizations tackling today’s urgent challenges in education, racial equity, social justice, economic development, and the environment. We earned a platinum rating from EcoVadis, the leading platform for environmental, social, and ethical performance ratings for global supply chains, putting us in the top 1% of all companies. Since our founding in 1973, we have measured our success by the success of our clients, and we proudly maintain the highest level of client advocacy in the industry.