BCG in the News

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Boston Consulting Group Builds Partnership with Twelve to Support Innovation in Sustainable Aviation Fuel

BOSTON—Boston Consulting Group (BCG) today announced that it has signed an agreement for the purchase of sustainable aviation fuel certificates (SAFc) with TwelveTM, the carbon transformation company. The agreement will run from 2026 until 2029, and is expected to deliver an emissions reduction of more than 4,000 metric tons of CO2 by the end of the period. The agreement is part of BCG’s drive to achieve net zero climate impact by 2030. As a member of the First Movers Coalition, BCG’s target is to replace at least 5% of its conventional jet fuel with high quality SAF by 2030.

New at BCG

Boston Consulting Group Steps Up Investment into Decarbonization through Sustainable Aviation Fuel Agreement with World Energy

Five-year contract will deliver emissions reductions of 100,000 metric tons of CO2— equivalent to flying 177,000 economy-class passengers round trip between Boston and London1100,000 metric tons of CO2 would represent more than half of BCG’s air travel CO2 emissions in 2023This is BCG’s largest SAF certificate purchase to dateBoston—Boston Consulting Group (BCG) today announced it has signed an agreement for the purchase of sustainable aviation fuel certificates (SAFc) with World Energy, the sustainable aviation fuel (SAF) producer and low-carbon solutions provider. A key part of BCG’s commitment to achieving net zero climate impact by 2030, the agreement will run through 2028. It is expected to deliver an emissions reduction of 100,000 metric tons of CO2 over the next five years.

City A.M.

London May Be the Top Talent Spot Now, but Dubai and New York Are Hot on Its Tail

Writing in City A.M., BCG’s Nick South explains how London can continue to attract global talent as competition from other cities heats up. According to a new report from BCG, The Network, and The Stepstone Group, London has once again ranked as the most attractive city in the world for working abroad—a position it has held since 2014. South explains that to retain its standing, London requires a combination of bold ambition and consistent excellence in delivery. “London has come out on top as the most attractive spot for talent in the world, but its crown can easily slip,” he says.

The Economic Times

How ABDM Could Revolutionize India’s Health Care System

In a coauthored article for The Economic Times, BCG’s Priyanka Aggarwal writes about how the Ayushman Bharat Digital Mission (ABDM) aims to improve India’s health care system. She explains that ABDM can increase patient access to medical histories, deliver personalized treatments, and expand health care access to rural areas. For ABDM to achieve its full potential, health records must be digitized, but some providers remain hesitant to do so. Aggarwal outlines how the private sector can help expedite ABDM adoption and build trust in digital health systems.


Strategically Pricing AI Tools During Innovation

In Fortune, BCG’s John Pineda discusses how to match AI tools with the right pricing strategy. He suggests setting a fixed price for tasks that would be completely automated by AI, and utilizing a subscription model for tasks where AI would be leveraged to boost human efficiency. Pineda emphasizes that businesses shouldn’t be so focused on the costs of AI that it impedes innovation. “Get people using it, trying it, and testing it, [to] come up with their own ideas of what they can do with the technology,” he says.


Most Consumers Are Excited About GenAI at Work, But Are South Africans?

In TimesLIVE, BCG’s Aparna Bharadwaj, Jessica Apotheker, and Nicolas de Bellefonds comment on a BCG report which found that 70% of global consumers are excited about GenAI in the workplace, but only 43% are enthusiastic about its impact on daily life. In terms of general perceptions globally, 43% of people are excited about GenAI, while 28% are conflicted, and 29% are concerned. In South Africa, however, consumers are more apprehensive about GenAI: just 38% are excited, 42% are conflicted, and 20% are concerned.

Australian Financial Review

Which Countries and Cities Are Most Attractive to Global Workers?

In Fortune and the Australian Financial Review, BCG’s Nick South and Nicole Sibilio explain what workers are looking for when searching abroad for a job. According to a new report from BCG, The Network, and The Stepstone Group, which surveyed more than 150,000 people in 188 countries, Australia tops the list as the most desirable country for workers, and London ranks as the most attractive city. South and Sibilio cite the quality of job opportunities and the quality of life as the primary reasons that workers gravitate toward these destinations.

Financial Times

BCG’s Leap Into AI

In interviews with Bloomberg and the Financial Times, BCG’s CEO Christoph Schweizer speaks about the firm’s investments in its AI business to help clients and employees leverage the transformative technology. He states that 20% of BCG’s revenue in 2024 now comes from AI and GenAI. Schweizer is vocal about also integrating AI within BCG, not just advising clients on how to scale the technology. “We are taking our own medicine,” he says.

The Economic Times

Three Indian Companies Rank Among the World’s Top Value Creators

In The Economic Times, BCG’s Akshay Kohli breaks down which companies globally are driving the most value for shareholders, based on BCG’s 2024 Value Creators Rankings. He explains that technology and tech-related industries dominate the rankings, in part due to investor excitement around GenAI. “India has been at the forefront of this charge across the global markets,” Kohli says. As a result, three Indian companies are included in the list of the 25 companies creating the most value around the world.


Are Coders’ Jobs at Risk? AI’s Impact on the Future of Programming

In his column for Forbes, BCG’s Sylvain Duranton explains that while AI will automate low-level developer tasks, industry experts will be even more important than before. Experts must provide the architectural vision and direction for AI, and human oversight of AI-written code will be necessary for quality assurance, testing, and cybersecurity. “While AI may eventually take over the writing of all code, we will still need people who can understand that code to review and maintain it,” notes Duranton.


C-Suite Concerns and Priorities for 2024

On the Bloomberg Businessweek podcast, BCG’s Global Chair Rich Lesser discusses the top priorities for CEOs today. He explains that their views on risk flipped over the past year: previously, fears of recession weighed the heaviest on CEOs’ minds; but now, geopolitics is their top concern. While C-suite executives have adapted to the many challenges posed by geopolitical conflicts, this was not always the norm. “We’ve almost come to expect this level of uncertainty and disruption and risk,” Lesser says.

Harvard Business Review

Harvard Business Review Awards Top Prize to BCG-Authored Article

Harvard Business Review (HBR) has announced that “Reskilling in the Age of AI,” which featured BCG’s Sagar Goel and Orsolya Kovács-Ondrejkovic among its coauthors, has received the 2023 HBR Prize honoring the magazine’s best article of the year. In the winning piece, Goel, Kovács-Ondrejkovic, and their fellow coauthors write: “To adapt in the years ahead to the rapidly accelerating pace of technological change, companies will have to develop ways to learn—in a systematic, rigorous, experimental, and long-term way—from the many reskilling investments that are being made today.”


The Next Evolution of AI Is Already Here–and Hiding in Plain Sight

In Fortune, BCG’s François Candelon, Leonid Zhukov, Namrata Rajagopal, and David Zuluaga Martínez write that AI’s future hinges on the strategic integration of a wide range of technologies through a “One-AI approach.” BCG research has found that mature AI companies are twice as likely as their less experienced counterparts to use a One-AI approach to scale applications. “The latent power of using AI in its full range of capabilities is clear; companies just need to take a big picture view and organize accordingly to realize that potential,” the authors write.