In September of 2020, BCG committed to a significant goal.
Four years into our journey, we're on track to deliver on our ambitions.
We've dramatically reduced our emissions across Scope 1 and 2,
and we've made significant progress on this in Scope 3 business travel,
which remains our largest emission source.
The nature of our work requires us to be with our clients around the world,
ensuring that we continue to deliver exceptional value for them.
We are making explicit and thoughtful decisions around that travel.
We use local perspectives to inform our teams set up and our travel options.
We have built carbon budgets alongside our financial budgets, strengthening
the link between our program and our firm's broader strategy and operations.
We've introduced tools for helping to provide visibility into carbon impact
for different business decisions, but we will always need to travel.
So we've also been highly active in both the emerging
sustainable aviation fuel market as well as the market for removals.
We do this not just for our own needs, but because we want to help companies
that are pioneering in SAF and removing carbon from the atmosphere.
Most recently, we've secured long term direct air capture
agreements with innovators like Climeworks and 1PointFive
and we are noted as being very forward leaning and putting in real commitments.
For example, our deal with Climeworks is one of the largest DAC deals
in the industry to date.
We're glad to be leading by example
and feel confident in our path ahead for a deeper dive in our journey.
I invite you to read our latest Net Zero anniversary article.