- Systemic barriers in the professional services industry related to DEI
- Potential negative impacts of AI on society
- Increased cost of compliance with ESG regulations (e.g., EU CSRD)
- Potential negative impacts of client work (e.g., unsustainable practices)
Bain & Company, Inc
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Bain & Company, Inc disclosed greenhouse gas emissions of 173.6K tCO2e/year (market-based). By scope: Scope 1: 1.5K tCO2e/year; Scope 2: 410 tCO2e/year; Scope 3: 171.6K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
173.6K tCO2e/year (market-based)
2023
Renewable Energy
100% (electricity)
of total energy
Waste
1.7K tons/year
2023
Energy Use
30.0K MWh/year
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 1.5K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 410 tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 171.6K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 173.6K tCO2e/year (market-based) |
| 2022 | 131.1K tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced Scopes 1 & 2 market-based emissions by 52% against its 2019 baseline
- Achieved a 65% reduction in business travel emissions/FTE against the 2019 baseline (excluding carbon offsets)
- Achieved net-negative carbon emissions in 2023, offsetting more than 100% of its footprint (173.6 MT CO2e)
- Purchased enough SAF to cover all emissions associated with North American recruiting flights for 2022-2023 and 2023-2024 recruiting cycles
- Sources 100% renewable electricity since 2020
- Achieved VCMI Carbon Integrity Platinum claim for its 2022 footprint
- Achieved a Platinum EcoVadis rating for the second year in a row
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce Scope 1 and 2 emissions by 30% by 2026 (vs 2019 baseline)
- Reduce Scope 3 emissions from business travel by 35% per employee by 2026 (vs 2019 baseline)
- Divert 90% of waste from landfills by 2030
- Include robust sustainability addendum in 5% of qualifying supplier agreements by 2025
📅 Medium-term
- Source 100% renewable electricity through 2030
🔭 Long-term
- Reduce absolute scope 1 and 2 GHG emissions 90% by 2050 from a 2019 base year
- Reduce scope 3 GHG emissions 97% per FTE by 2050 (vs 2019 baseline)
- Source 100% renewable electricity from 2030 through 2050
🌱 ESG Focus Areas
Climate changeDiversity, Equity, and Inclusion (DEI)Social ImpactResponsible ProcurementData SecurityEthical Business PracticesResponsible Innovation & AIResponsible Corporate Governance