Press release
San Francisco—Sept. 23, 2020—Bain & Company announced today it has signed the Business Ambition for 1.5⁰ C commitment letter as part of the Science Based Targets Initiative (SBTI) and will achieve 100% Net-Zero Carbon across all of its operations by 2030. By taking these steps, the firm demonstrates the priority it places on minimizing its environmental impact.
With the more aggressive emissions goal and as a signatory on the commitment letter, Bain & Company reinforces its pledge to reduce the impact of its operations on Earth’s climate, continuing its environmental leadership role in the professional services industry. The firm will develop new targets, based on climate science and objective data, and approve specific targets for all emissions by the end of the year.
“You only have to look at the wildfires and extreme weather events that have occurred around the world to understand climate change is one of the largest long-term risks we face,” said Manny Maceda, Worldwide Managing Partner of Bain & Company. “Bain will achieve net-zero carbon status by 2030. We were one of the first companies in our industry to become carbon neutral, and we will continue to set and achieve ambitious targets to ensure we continue to be good stewards of the environment. Results matter.”
As the firm has started to reach its emissions reduction targets, the Bain leadership team realized they needed to continue to develop more ambitious plans. The updated carbon emissions target signals the next phase of Bain & Company’s climate advocacy.
Bain & Company first achieved 100 percent certified CarbonNeutral® status nine years ago – an achievement few companies can claim, according to Natural Capital Partners, an internationally-recognized leading provider of carbon emission reduction and renewable energy solutions.
Since 2011, Bain & Company has reduced its Scopes 1 and 2 direct emissions by 68 percent, with a goal of achieving a 90 percent reduction by 2030. In addition, it has reduced its total carbon intensity, a measure of the total amount of carbon emitted adjusted for growth in its business, by almost 16 percent to 12.3 tCO2e per FTE, the lowest emission intensity level achieved in its peer group.
The firm has converted 93 percent of its operations to renewable energy sources and will reach 100 percent by the end of the year. It has focused on increasing the energy-efficiency of its office space as well as reducing waste in its operations, and it has upgraded its sourcing processes to include sustainability as part of its supplier evaluation criteria. Additionally, the firm is working with its technology team to reduce the electricity consumed by its IT infrastructure and minimize electronic waste.
Bain & Company’s work is not just internally focused. The firm’s Sustainability and Corporate Responsibility Practice has grown significantly over the past five years, working with many of its clients to help them reduce their overall carbon footprint. Bain & Company also works with leading NGOs on climate-change initiatives, as part of its commitment to invest more than $1B in social impact efforts by 2025. In addition, Bain & Company is an investor in EcoVadis, the world’s most trusted provider of business ESG ratings for global supply chains.
“This is a critical issue for our industry, and it has been an important journey for Bain, our people, our clients, and our communities,” said Sam Israelit, a Bain partner, who leads the global Sustainability@Bain effort. “We have challenged every aspect of our business to identify opportunities to reduce our carbon footprint, including collaborating with our industry peers to share best practices and to advocate for others to set aggressive goals. So far, the results are excellent. But we still have a lot of work ahead of us if we want to reduce our impact on climate below 1.5⁰ C.”
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ベイン・アンド・カンパニーについて
ベイン・アンド・カンパニーは、未来を切り開き、変革を起こそうとしている世界のビジネス・リーダーを支援しているコンサルティングファームです。1973年の創設以来、クライアントの成功をベインの成功指標とし、世界40か国65都市にネットワークを展開しています。クライアントが厳しい競争環境の中でも成長し続け、クライアントと共通の目標に向かって「結果」を出せるように支援しています。私たちは持続可能で優れた結果をより早く提供するために、様々な業界や経営テーマにおける知識を統合し、外部の厳選されたデジタル企業等とも提携しながらクライアントごとにカスタマイズしたコンサルティング活動を行っています。また、教育、人種問題、社会正義、経済発展、環境などの世界が抱える緊急課題に取り組んでいる非営利団体に対し、プロボノコンサルティングサービスを提供することで社会に貢献しています。
商号 : ベイン・アンド・カンパニー・ジャパン・インコーポレイテッド
所在地 : 東京都港区赤坂9-7-1 ミッドタウン・タワー37階
URL : https://www.bain.co.jp