Financial Times

What Institutional Investors Think About Going Green

In the Financial Times, BCG’s Rebecca Fitz talks about the extent to which investors are modeling climate risk into valuations, noting that “it’s a potential headwind for [stock] performance.” Based on the key findings of a BCG survey, the data shows that investors want oil and gas companies to plan for the clean energy transition, but Wall Street has yet to figure out how to factor companies’ emissions into equity valuations.

CNBC

BCG Ranks Among Top 10 Best Places to Work in 2022

CNBC reports that BCG was ranked #6 among US companies on Glassdoor’s “Best Places to Work in 2022” list. The job site’s annual ranking is based on millions of voluntary and anonymous employee reviews. According to Glassdoor’s CEO Christian Sutherland-Wong, three factors distinguish the top 10 workplaces from the rest: “having a clear mission; strong, transparent senior leadership; and investing in employees’ career development.”

Australian Financial Review

Why Successful Digital Transformations Are So Rare

BCG’s Patrick Forth speaks to the Australian Financial Review about how big tech projects drive competitive advantage—and why so few companies are getting it right. According to a BCG survey of more than 850 companies worldwide, only 35% achieve their digital transformation objectives. Forth asserts that “there’s a huge temptation to declare success and move on without having achieved success.”

Cheddar News

BCG’s Sharon Marcil on Empowering Women in Business

BCG’s Sharon Marcil joins Cheddar News to discuss her new role as the firm’s regional chair for North America. Marcil says her primary objective is to create an environment where all employees have equal opportunity, and she explains that, as a former leader of the Women@BCG affinity group, she helped close BCG’s retention gap by creating more flexible career paths. She also looks back at her own journey at BCG and shares her advice for career advancement.

Fortune

Leveraging the Power and Pace of Climate Innovation

BCG’s CEO Christoph Schweizer writes in Fortune that climate innovation will disrupt business models in the coming decades, and that early movers face exciting opportunities that will set them up for advantages in the years ahead. Schweizer explains that one issue holding leaders back is inaccurate projections about speed and cost. He argues, however, that these concerns are often short sighted, and that sustainability is crucial for businesses to remain competitive.

The Economist

More Chargers Are Needed to Maintain EV Demand

BCG’s Aakash Arora tells The Economist that the complexity of the electric vehicle (EV) charging industry has slowed the rollout of public charging points. It’s a problem that could limit the growth potential of the EV market if sufficient investments in charging infrastructure are not made. A BCG report estimates that by 2030 there will be 6.5 million EV charging points between Europe, China, and the US; however, far more will be needed to meet the rising demand for public charging.

China Daily

China Prepares for a Net-Zero Transition

In China Daily, BCG’s Baiping Chen and Yvonne Zhou discuss ways for China to achieve its emissions reduction goals. Chen and Zhou explain that companies should use quantitative methodologies when assessing climate-related risks, as outlined in BCG’s book, “China’s Pathway to Net Zero.” Industries will need to employ advanced technologies and prepare for increased cost of exports while governments promote unified standards and implement market-oriented methods.

City AM

London Is the Top Destination for Tech Talent

BCG’s Orsolya Kovács-Ondrejkovic tells City AM that the digital talent market has overheated in the wake of the pandemic, which left the digital workforce relatively unscathed. A recent BCG survey suggests that a wave of resignations is impending, with nearly 40% percent of digital workers actively job hunting. Kovács-Ondrejkovic says that salaries for digital workers across industries are increasing drastically, and many companies are struggling to compete. However, the right workplace culture and values are still among the top priorities for tech workers, she says.

Bloomberg Daybreak: Europe

Going Net Zero Might Be Less Costly Than Expected

BCG’s Jens Burchardt joins the Bloomberg Daybreak: Europe podcast to discuss how to cut Scope 1 and 2 carbon emissions by more than half in industries such as food, fast-moving consumer goods, and automotive without additional costs. Burchardt explains that, for many industries, first-mover disadvantage doesn’t hold when looking at decarbonization costs. He also talks about the much larger problem of upstream emissions, arguing that while addressing them can be expensive, the cost impact for the end consumer is quite low.

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