Commercial, Energy Efficiency, GHG Emissions, Sourcing Renewables - September 13, 2022
Kearney Emission Targets Approved by SBTi
Kearney announced its near-and long-term science-based emissions reduction targets approved by the Science Based Targets initiative (SBTi).
The global management consultancy company committed to net-zero targets, including achieving net zero GHG GHG) emissions by 2050.
Kearney’s goals include reducing scope 1 and 2 GHG emissions by 50% by 2030 and scope 3 GHG emissions from business travel by 30% by 2030 and all other Scope 3 emissions by 30% in the same time frame.
The company plans to reach 100% renewable energy in Kearney’s offices by 2025 and continuing to annually source 100% renewable electricity through 2030.
The long-term goals include reducing Scope 1, 2, and 3 GHG emissions by 90% and reaching net zero GHG emissions across the value chain by 2050.
Kearney is actively working across its offices and supply chain partners in more than 40 countries to reduce its environmental footprint wherever it can by embracing greener ways of working to reduce business travel, reducing energy consumption, implementing sustainable mobility practices, and boosting its reduction and recycling of waste.
To neutralize the impact of residual unavoidable emissions, Kearney is investing in carbon removal technologies and projects with proven environmental, social, and economic benefits that meet stringent international certification standards.
"To be the first management consultancy firm with approved net-zero science-based targets is an incredible achievement,” said Alex Liu, managing partner and chairman at Kearney, in a statement. “As consultants, the biggest sustainability impact we can create is through helping our clients with the opportunities and challenges in the transition to a low-carbon future. With this milestone, we are living up to our vision to lead in sustainability, while continuing on our double-digit annual growth trajectory and demonstrating global leadership for our industry to follow."