Kearney has net-zero targets approved by SBTi

Kearney has committed to net-zero targets, including achieving net-zero greenhouse gas (GHG) emissions by 2050

As more companies worldwide are looking to gain green credentials, many have launched new net zero targets. 

Management consultancy Kearney has recently announced that it has had its short and long-term targets to reach net-zero emissions approved by the Science Based Targets initiative (SBTi), becoming ‘the first management consultancy in the world’ to do so, according to the company. 

SBTi is a collaboration between CDP, the United Nations Global Compact, World Resources Institute (WRI), and the World Wide Fund for Nature (WWF) to drive ambitious climate action in the private sector by enabling organisations to set science-based emissions reduction targets.

Alex Liu, managing partner and chairman at Kearney, commented: "To be the first management consultancy firm with approved net-zero science-based targets is an incredible achievement. 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.” 

Continuing growth of the company sustainably 

Kearney has set targets to reduce Scope 1 and 2 emissions by 50% by 2030 and to reduce Scope 3 emissions by 30% in the same timeframe. The company will also switch to 100% renewable energy across its offices by 2025 and continue to source 100% renewable electricity through 2030 at least.

These targets will all build into a long-term effort to reduce value chain emissions by 90% in order to reach net-zero by 2050. For the remaining emissions, Kearny has stated it will invest in carbon removal projects that meet “stringent international certification standards”. 

It is also actively working across its offices and supply chain partners in more than 40 countries on a continuous journey to reduce its environmental footprint wherever it can—for example, 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.

"We need to act fast, we need to act now, and we need to base our actions on science if we are to have any chance of meeting our necessary goals. 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," Liu added. 

Share

Featured Articles

Be a better business by becoming B Corp

Becoming a B Corp may not be right for every organisation, but for many it is proving a successful way to grow their business and attract top talent

Sustainability is a universal problem, on earth and in space

As space technology and exploration develops, the health of the space environment must become a primary concern for space agencies and governments on earth

Quanta announces release of annual Sustainability Report

Contracting services provider Quanta releases its annual Sustainability Report to celebrate the company’s commitment to ‘People, Planet and Principles’

Racing to a sustainable future in the world of sport

Sustainability

News round-up: sustainable supply chains & tackling waste

Sustainability

Why retailers must close the door on unsustainable practices

Supply Chain Sustainability