WEBVTT 1 00:00:00.720 --> 00:00:04.500 In 2020 BCG, committed to bold climate targets, 2 00:00:04.500 --> 00:00:07.170 and I'm proud to say we're on track. 3 00:00:07.170 --> 00:00:10.110 Since our baseline year, we've cut total emissions 4 00:00:10.110 --> 00:00:14.490 by 25% while growing revenue by 80%. 5 00:00:14.490 --> 00:00:17.760 With innovative thinking, we've driven both climate action 6 00:00:17.760 --> 00:00:19.083 and business growth. 7 00:00:19.920 --> 00:00:21.780 When I added chief sustainability officer 8 00:00:21.780 --> 00:00:25.560 to my roles at BCG, we had two key priorities. 9 00:00:25.560 --> 00:00:27.780 First, to reduce our largest source 10 00:00:27.780 --> 00:00:30.510 of emissions: business travel, while continuing 11 00:00:30.510 --> 00:00:33.570 to deliver on what matters most: client value, 12 00:00:33.570 --> 00:00:36.870 which obviously requires being on the ground to drive change 13 00:00:36.870 --> 00:00:38.943 and build trusting relationships. 14 00:00:40.020 --> 00:00:42.660 We started by introducing travel carbon budgets 15 00:00:42.660 --> 00:00:44.010 across the business. 16 00:00:44.010 --> 00:00:47.670 Each budget owner received a clear target and a toolkit, 17 00:00:47.670 --> 00:00:49.890 but also the freedom to adapt their plans 18 00:00:49.890 --> 00:00:51.540 to fit local needs. 19 00:00:51.540 --> 00:00:55.290 This balance of structure and flexibility has paid off. 20 00:00:55.290 --> 00:00:57.510 We've reduced business travel emissions 21 00:00:57.510 --> 00:01:00.750 by more than 50% per employee 22 00:01:00.750 --> 00:01:03.030 while strengthening client delivery. 23 00:01:03.030 --> 00:01:05.833 Our second priority is how to address the residual emissions 24 00:01:05.833 --> 00:01:08.520 through a portfolio of carbon credits, 25 00:01:08.520 --> 00:01:10.560 including innovative technology. 26 00:01:10.560 --> 00:01:14.771 And we're on track to remove 100% of our emissions by 2030. 27 00:01:14.771 --> 00:01:17.490 (lively music) 28 00:01:17.490 --> 00:01:20.010 As early adopters of pioneering technologies 29 00:01:20.010 --> 00:01:21.330 like direct air capture, 30 00:01:21.330 --> 00:01:24.000 we've purchased over 200,000 tonnes 31 00:01:24.000 --> 00:01:25.620 of durable removals, 32 00:01:25.620 --> 00:01:29.121 placing BCG among the top ten global buyers today. 33 00:01:29.121 --> 00:01:32.538 (lively music continues) 34 00:01:39.180 --> 00:01:41.100 The road to net zero is long, 35 00:01:41.100 --> 00:01:44.460 but we remain committed to the journey ahead. 36 00:01:44.460 --> 00:01:47.190 The lesson from our first five years is clear: 37 00:01:47.190 --> 00:01:50.250 with bold strategies and innovative thinking, 38 00:01:50.250 --> 00:01:54.539 climate goals and business growth can advance together. 39 00:01:54.539 --> 00:01:57.206 (lively music)