BCG has finalized its second largest durable carbon removal purchase through ClimeFi, a leading carbon removal portfolio manager. This deal reinforces BCG’s position in the top ten buyers of certified carbon dioxide removals globally.
Accelerating BCG's Climate Journey
Four years into our net zero journey, we’re making great progress. In this article, we highlight our progress so far, key challenges we've addressed, and the next steps in our climate program.
A Three-Step Net Zero Strategy
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Our Sustainability Journey
Climate action is one of our most urgent challenges. As we partner with clients to help them realize their net zero ambitions, we must also continue to change the way we operate as a firm.
BCG’s Net Zero News & Insights
Accelerating BCG's Climate Journey
Four years into our net zero journey, we highlight our progress so far, key challenges we've addressed, and the next steps in our climate program.
BCG has partnered with Twelve to purchase sustainable aviation fuel certificates. This will reduce 4,000 metric tons of CO2 between 2026 and 2029 with Power-to-Liquid technology.
In BCG’s largest SAF certificate purchase to date, the 5-Year contract is projected to deliver emissions reductions of 100,000 metric tons of CO2.
Press Release
June 21, 2023
This represents the second-largest publicly announced global direct air capture offtake deal by volume and the largest in the professional services industry globally.
Press Release
November 16, 2022
BCG has named David Webb its chief sustainability officer. In this role, David will work closely with our CEO, Christoph Schweizer, to deliver on the firm’s net zero commitment.
The CDP Climate ‘A List’ recognizes companies for their actions to cut emissions, mitigate climate risks and advance the low-carbon economy.
BCG expands commitment to First Movers Coalition with pledge to remove at Least 100,000 tonnes of carbon by 2030 as part of the firm’s Net Zero commitment.
The NextGen CDR Facility brings together climate leaders from across industries and geographies to scale up high-quality carbon removals today.
Video
September 21, 2021
BCG’s Net Zero Pledge, One Year Later
Twelve months after announcing our net zero strategy, we outline the climate actions we’ve taken so far, the lessons we’ve learned—and a new target aimed at cutting our emissions intensity in half by 2025.
Press Release
September 20, 2021
BCG partners with leading businesses in a groundbreaking program focused on driving the transition to clean energy.
BCG has announced an eight-year partnership with SkyNRG, pioneer and global leader in Sustainable Aviation Fuel (SAF), to purchase SAF for its business travel flights.
Press Release
December 9, 2021
The ten-agreement is the first of several alliances in direct air capture and advanced decarbonization technology that BCG expects to make.
Press Release
November 4, 2021
BCG has confirmed its participation in this joint effort by the World Economic Forum and US Special Presidential Envoy for Climate John Kerry to drive demand for zero emissions across the value chain of hard-to-abate sectors.
BCG's Net Zero Partnerships
We are committed to supporting efforts at increasing the adoption of sustainable aviation fuel and decarbonizing air travel. Click below to learn more about our partnerships with these organizations.
BCG has partnered with Neste to purchase SAF to be delivered to SAS and Finnair in 2021, which will cover the volume of all travel on those airlines by BCG employees in the Nordics.
BCG is a founding member of the Qantas Sustainable Aviation Fuel Coalition, which seeks to help decarbonize Australia’s airline industry.
BCG has established an eight-year partnership with SkyNRG, a pioneer and global leader in SAF, to purchase sustainable fuel for business travel flights starting in 2022 through the innovative Board Now program.
BCG is a founding member of SABA, which aims to accelerate the path to net zero aviation by driving investment in SAF, catalyzing SAF production and technological innovation, and supporting policy engagement.
BCG has partnered with Twelve, through SABA, to purchase sustainable aviation fuel certificates, which will reduce 4,000 metric tons of CO2 between 2026 and 2029 using innovative Power-to-Liquid (PtL) technology.
By joining this first-of-its-kind program, BCG, along with more than a dozen other corporations, has contributed toward the purchase of approximately 3.4 million gallons of SAF in 2021.
BCG has signed a 5-year partnership through SABA with World Energy, a leader in sustainable aviation fuel (SAF), to purchase SAF certificates, which will reduce 100,000 metric tons of CO2 between 2024 and 2029.
We work with a network of innovative partners to build progress toward our net zero climate impact goal. Click below to learn more about our partnerships with these organizations.
BCG is a founding partner of Breakthrough Energy Catalyst, a groundbreaking program to accelerate the development of the climate-smart technologies necessary to achieve net zero emissions by 2050.
We partner with Climate Impact Partners, which brings more than 20 years’ experience and a global network of project partners, to generate positive climate impact and provide solutions for achieving carbon neutrality and net zero targets.
As an inaugural supporter of Carbon by Indigo, BCG is helping achieve long-term climate impact from the ground up by supporting farmers’ efforts to adopt sustainable practices that reduce emissions and remove carbon from the atmosphere.
BCG has established a five-year agreement with CarbonCapture to remove 40,000 tons of CO2. This represented the second-largest deal of its kind when announced.
Building on their first carbon removal partnership announced in 2021, Climeworks and BCG signed in December 2023 an unprecedented 15-Year agreement to remove 80,000 tons of CO2.
BCG has joined LEAF, a new public-private coalition coordinated by the nonprofit Emergent, which aims to mobilize more than $1 billion to protect tropical forests and enhance global climate action.
BCG is the first customer to purchase biochar carbon credits from NetZero, a startup dedicated to long-term carbon removal, as part of our commitment to achieve net zero climate impact by 2030.
BCG has joined the NextGen CDR Facility which brings together climate leaders from across industries and geographies to scale up high-quality carbon removals.
BCG is partnering with Pachama—which uses satellite data and AI models to measure and monitor the carbon stored in forests—to invest in nature through high-quality carbon credits.
BCG agreed to purchase 21,000 metric tons of carbon dioxide removal (CDR) credits over three years from STATOS, 1PointFive’s first industrial-scale DAC facility currently under construction.
BCG’s Climate Action Recognition
BCG’s net zero transition efforts have so far led to the following recognition.
Climate action is one of our most urgent challenges. As we partner with our clients to help them realize their net zero strategies and navigate the low-carbon transition, we must also continue to change the way we operate as a firm. Our net zero commitments and the climate investments we are making are evidence of the impact we are determined to have. — Rich Lesser
Our greatest opportunity to tackle the climate crisis comes from collaborating with our clients. The BCG Center for Climate & Sustainability partners with businesses and governments to help them transform commitments into action. Together, we can build a low-carbon environment and a more sustainable world, driving technological and economic transformations to realize sustainable competitive advantage.
Client Success
Part of our partner ecosystem, CO2 AI enables organizations to measure, simulate, reduce, and track their environmental footprint at scale—and to collaborate across the supply chain.
BCG commits to comply with California’s Voluntary Carbon Market Disclosures Act (AB 1305). Claims linked to BCG’s net zero program, including carbon neutral company certification, are verified for accuracy by an independent third-party. Information about our PAS 2060 certification is available upon request. BCG purchases voluntary carbon offsets sold within California, and discloses the pertaining entity, project, carbon offset, protocol, and verification information here. For detailed information about BCG’s net zero strategy including interim progress, please refer to the Managing Our Environmental Impact section of our latest sustainability report. Additional information can be found in the About section of our website and our latest net zero anniversary article.