Monday 23 August 2021

Bain & Company pledges to slash emissions from business travel

Bain & Company has made a pledge to reduce its Scope 3 emissions from business travel by 35% over the next five years.

The US management consulting firm has also committed to further reduce its Scope 1 and 2 emissions, from activities such as powering and heating its offices, by 30% by 2025.

The move supports Bain & Company's ambition for net zero carbon emissions by 2030.

Earlier this year, it celebrated its 10th anniversary as a 100% carbon neutral company.

The company has so far eliminated 68% of its Scope 1 and 2 emissions over the last decade by switching to 100% renewable electricity, improving the energy efficiency of its offices and finding ways to reduce waste from its operations.

Sam Israelit, Bain's Chief Sustainability Officer said: “We are long past picking low-hanging fruit and we are following the same advice we give to our clients: setting audacious goals that are realistic and measurable.

“Our firm is hyper-focused on mitigating the impact of our emissions on the environment and accelerating our carbon transition. We continue to lead the way in our own industry while also equipping our clients and nonprofit partners to do the same.”