Dubai, UAE – Bain & Company has received a gold rating from EcoVadis, the leading platform for environmental, social and ethical performance ratings for global supply chains.
The rating puts Bain & Company among the top 2% of management consulting companies rated by EcoVadis, which monitors sustainability practices across 200 industries and 160 countries on behalf of 75,000 companies. This recognition is the result of a global effort by Bain & Company to achieve exceptional levels of corporate responsibility and sustainability across its 60 offices.
“We are thrilled to see the hard work of Bain’s sustainability teams around the world recognized in this rating,” said Sam Israelit, partner and Bain’s Chief Sustainability Officer. “Bain has long led the way on sustainability within the management consulting industry. EcoVadis continues to raise the bar, and our people—across all functions and levels—embrace each new challenge, pushing the firm to achieve further reductions in its carbon footprint and continuously lead the way on corporate responsibility.”
Tom De Waele, partner and managing director of Bain & Company Middle East said, “Sustainability is fast becoming a prevalent topic in the region as individuals and companies gain a better understanding of how their actions impact the world we live in. From a regional perspective, we are proud to lead this shift environmentally, socially, and ethically with our firm practices. We look forward to challenging norms and driving change in the near and distant future.”
Bain & Company was one of the first global consulting firms to commit to carbon neutrality and will celebrate its tenth year as a certified 100% CarbonNeutral® firm this summer. Bain uses 100% renewable energy across all of its offices, and the firm has committed to reach net-zero carbon emissions by 2030.
Bain is a signatory of the ‘Business Ambition for 1.5⁰C’ letter with the Science Based Targets initiative (SBTi) as well as the UN Global Compact. The firm earned an A- in its public disclosure through the Carbon Disclosure Project in 2020, and it has adopted GRI standards in its reporting. Bain incorporates sustainability risk management into its global governance structure and strategy, and it has built an industry-leading program to reduce carbon emissions from its end-to-end operations.
In 2020, Bain & Company made a minority investment in EcoVadis in order to integrate EcoVadis’s sustainability ratings into the firm’s approaches to corporate strategy, supply chain and procurement.
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