The Center for Climate Action

Combating climate change is one of humanity’s defining challenges of the 2020s. BCG’s Center for Climate Action partners with businesses and governments to help them prepare for a decarbonized world, supporting them as they drive technological and economic transformations and realize competitive advantage in a low-carbon economy.

Our Offering

The Center for Climate Action partners with clients across the public, private, and social sectors to align their strategy, operations, and stakeholder engagement with a low-carbon world. Our work is supported by BCG’s range of consulting experience across all industries and capabilities, as well as by our expanding reach of brands.

Low-Carbon Business Strategy

Purpose, Ambition, and Target Setting. The Center for Climate Action works with BrightHouse, a BCG company, to realign the purpose of organizations with a low-carbon economy. We help companies set ambition levels for their own 2°C transformation and set science-based targets that are tightly linked to their own corporate strategy.

Scenarios, Climate Risk, and Portfolio Resilience. Global climate change and low-carbon policies can threaten the mainstays of a company, as well as shareholder value. We develop tailored climate scenarios and evaluate business and portfolio impact using scenario-based approaches to help clients understand the implications of a low-carbon economy on corporate and portfolio strategy. We create winning business models, along with M&A and technology roadmaps, refocusing strategy on new, low-carbon growth markets.

Low-Carbon Product and Growth Strategy. The Center for Climate Action helps clients accelerate new business performance by identifying and measuring potential growth markets through the lens of climate action—and by applying commercial growth levers to win in those markets. We help companies find the right business model, design variants, go-to-market strategy, pricing, and branding for every given situation.

Ventures, Partnerships, and Ecosystems. The Center for Climate Action, along with BCG Digital Ventures, ideates and incubates business and service innovations to drive growth in a low-carbon economy. We develop new partnership strategies and help coordinate ecosystem-based initiatives that may include competitors, suppliers, and customers—reducing the risks associated with decarbonization challenges and ramping up new, low-carbon technologies at greater scale.

Climate-Proofed Operations

Emission Reduction and Offsetting. The Center for Climate Action helps companies develop an “abatement curve” to understand the most cost-efficient path for bringing down their own emissions. We use key CO2 reduction levers, such as increased efficiency and the use of renewable power, fuel alternatives, new processes, low-carbon hydrogen, and carbon capture, usage, and storage. We plan ambitious emission-reduction programs, including offsetting measures, and support their implementation with BCG’s rigorous program management tools.

Sustainable Sourcing and Supply Chain (Scope 3). To address their carbon footprint holistically, companies need to address emissions across the entire value chain. We help them create a clear view of their supply chain emissions, identify material reduction levers, and develop effective strategies to engage suppliers and recalibrate procurement processes with emissions reduction in mind. We also support clients in engaging with customers to reduce their downstream footprint and improve the sustainable use and end-of-life treatment of their own products.

Infrastructure Resilience. The increase in storms, floods, heat waves, and other natural disasters brought on by global warming will have a significant impact on future physical infrastructure and material flows. BCG helps clients make informed decisions about physical climate impact and develop resilience plans designed to safeguard at-risk infrastructure around the world.

Financial Management and Carbon Trading. The Center for Climate Action supports clients in understanding, navigating, and managing their cost exposure with regard to Europe’s Emission Trading System and other carbon-pricing schemes. We help them explore low-carbon investment programs by familiarizing them with innovative financing instruments and structures, such as green bonds. And we make clear how financial institutions can effectively recalibrate investment portfolios to comply with the Paris targets.

Engagement and Narrative

Low-Carbon Governance. The Center for Climate Action can tap into BCG’s deep people and organization expertise to rewire companies for a low-carbon world. We help implement new ways of working that allow for greater emissions-related transparency, launch internal carbon pricing, set efficient incentives, embed climate decision making and innovation in daily processes, achieve faster time to market with climate solutions, and become more attractive to outside talent.

Stakeholder Engagement & Narrative. The Center for Climate Action helps leaders tell their climate story—sharing the right amount of data and describing the narrative in the most effective way—to position organizations for a value-adding dialogue with external stakeholders (including investors, policy makers, customers, and suppliers) as well as internal stakeholders (such as employees, management, and board members).

Financial Disclosure. We work with companies to establish analytically grounded, scenario-based, and TCFD-compliant financial disclosure practices that document climate-related financial risks and opportunities to the broader financial market. We develop scenarios, model financial impacts, shape the narrative, and help set up an end-to-end set of processes and tools to support this process.


How to Change Course on Climate

The situation is dire, but it’s not too late.

Our Impact

Helping OGCI Climate Investments Refine a Low-Carbon Strategy

BCG worked with OGCI Climate Investments to ensure its $1 billion climate fund could maximize the impact of its investments. Read more on the approach and overall impact.

Learn how we helped drive the impact of this climate fund

Disruption and Opportunities: Supporting a Mining Client on the Global Response to Climate Change

To understand the disruptive force of climate change, a leading mining company partnered with BCG to proactively drive an ambitious sustainability agenda. Read more.

Learn how we worked with a mining company to make a climate action plan

Our Latest Insights on Climate Action

BCG’s Surprising New Stance on Climate Change

Associate Director Jens Burchardt explains how countries can drive real economic growth by fighting climate change.

Debunking Common Myths About Climate Change Mitigation

Our team reveals five climate action surprises, from the technology we’ll need (it already exists) and the way we’ll produce energy (it won’t be all electric).

How Government Can Fuel a Green Recovery - rectangle

How Government Can Fuel a Green Recovery

Governments have an unparalleled opportunity to use stimulus programs to drive climate change progress. But their approach must reflect the specifics of their economy and workforce.

Climate Action Pays Off in Transportation and Logistics

Climate Action Pays Off in Transportation and Logistics

Companies that get it right will create financial value and help save the planet.

A New Approach to the Intractable Problem of Climate Change - Rectangle

A New Approach to the Intractable Problem of Climate Change

To overcome climate inaction, we must understand the rationale for individuals’ behaviors, identify the groups that could change those behaviors, and work with those groups to transform the vicious cycle into a virtuous one.


Climate Should Not Be the Virus’s Next Victim

COVID-19 recovery efforts can contribute to solving two crises at once—if leaders direct recovery-focused investments toward sustainable infrastructure, green jobs, and environmental resilience.


Have We Passed Peak Demand for Fossil Fuels?

The COVID-19 crisis may have accelerated a key inflection point in fossil fuels – fundamentally altering many energy companies’ economic position and outlook.


Why Climate Change Is No Prisoner’s Dilemma

Ours is the last generation that can prevent a global disaster. Unilateral action may be the answer.


Flipping the Script on Climate Action

Forget what you’ve heard about the economics of fighting climate change. As carbon abatement technologies advance, and the costs of unchecked global warming rise, aggressive climate action is now a winning economic proposition.


The Economic Case for Combating Climate Change

Countries taking ambitious action against climate change can benefit macroeconomically without suffering an early-mover disadvantage.

Meet Our Climate Action Experts

The Center for Climate Action