Wednesday 4 August 2021

Bain & Company achieves carbon neutrality for 10th year in a row

US management consulting firm Bain & Company has celebrated its 10th anniversary this year as a 100% carbon neutral company.

Since 2011, it has reduced Scope 1 and 2 direct emissions by 68% by switching to 100% renewable electricity, improving the energy efficiency of its office spaces and reducing waste from its operations.

Bain's network of green teams also continue to implement local office initiatives, including recycling, composting and sustainable travel policies.

The company offsets unavoidable carbon emissions by investing in renewable energy technologies and conservation initiatives globally and has invested in 38 projects in 11 countries to date.

Its carbon neutral status was certified by Natural Capital Partners, an internationally-recognised provider of carbon emission reduction and renewable energy solutions.

Bain has now set a company-wide goal to reach net zero carbon emissions by 2030.

It is also aiming further reduce its Scope 1 and 2 emissions – from activities such as heating and powering its offices – by 30% over the next five years and its Scope 3 emissions from business travel by 35% over the same period.

Sam Israelit, Partner and Bain’s Chief Sustainability Officer said: “Bain & Company is a sustainability leader within the management consulting industry, setting the standards for improving performance across all ESG metrics.

“As we look back over the past decade of our carbon neutral journey, we are proud to have pushed the entire industry forward on environmental sustainability. We look forward to continuing to push the industry to address the pressing challenges of climate change in new and innovative ways.”