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Every day at BCG, we conquer complexity,

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unlock potential, and bring insight to light.

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We drive inspired impact for our clients, our communities,

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our people, and our planet.

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Now we are turning that impact focus

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toward what I believe is one of the most urgent

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and complex challenges facing humanity today:

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the climate crisis.

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(soft music)

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There's no doubt that the greatest impact BCG can have

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is to help our clients tackle their climate challenges

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and accelerate their transitions

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to much lower carbon emitting footprints.

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But to stand confidently and proudly behind our work

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with clients,

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we also have to change the way we ourselves operate-

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we have to walk the talk.

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Today, I'm proud to announce that BCG is launching

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a bold new strategy to achieve net-zero climate impact

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by 2030 at the latest.

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For BCG, achieving net-zero

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means rapidly reducing the amount of carbon emissions

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we put into the atmosphere through internal changes

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to our operations and neutralizing the climate impact

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of our remaining footprint

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by investing in projects that remove carbon dioxide

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from the atmosphere.

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By pursuing both a rapid reduction

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in our emissions intensity

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and committing to remove 100% of our remaining emissions,

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we aim to reach net-zero climate impact by 2030-

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20 years ahead of the Paris ambition.

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Less than 10% of our carbon emissions

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are from scope one and two sources-

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this means emissions resulting primarily

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from heating and powering our offices.

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We have committed to reducing our scope

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one and two emissions by 90% per employee by 2025.

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We will achieve this target through transitioning to 100%

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renewable electricity to power our offices from now on,

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as well as continuing to increase our energy efficiency.

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Our largest emission source is business travel,

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which makes up over three quarters

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of our total carbon footprint

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and presents a much bigger challenge.

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(airplane engine humming)

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Travel is integral to our business

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and to serving our clients,

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but there are steps we can and will take

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to reduce our travel footprint.

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We've committed to lowering business travel emissions

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per FTE by 30% by 2025.

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Meeting our goals will require bold experimentation

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and innovative thinking and learning as we go,

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as well as working with our airline partners

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to help them improve.

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All things instinctive to BCG.

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Our founder, Bruce Henderson,

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was fond of the Archimedes quote,

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"Give me a lever and a place to stand,

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and I will move the world."

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When it comes to the climate crisis,

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we have the lever and the place to stand

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to make a difference.

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It's BCG.