The firm is among the top 1% of companies
ranked globally
for environmental, social and ethical practices
NEW
YORK, Oct. 6, 2022 /PRNewswire/ -- Bain &
Company announced today that it received a platinum
rating from EcoVadis, the leading platform for environmental,
social and ethical performance ratings for global supply
chains.
This rating puts Bain & Company among the top 1% of all
companies rated by EcoVadis, which monitors sustainability
practices across more than 200 industries and more than 160
countries on behalf of more 90,000 companies. This recognition is
the result of a global effort by the firm to achieve exceptional
levels of corporate responsibility and sustainability across its
offices in 65 cities.
"Bain's recognition from EcoVadis is a direct testament to the
hard work and achievements of our sustainability teams across the
world," said Bain Partner and Chief Sustainability Officer,
Sam Israelit. "Bain is undoubtedly a
leader in sustainability within the management consulting industry.
Meeting EcoVadis' challenging evaluation criteria and being
recognized for our performance is an achievement of which we are
very proud. We will continue to challenge ourselves to perform to
the highest standards for sustainable practices every day, both as
a firm and as a member of the larger global community."
Bain & Company was one of the first global consulting firms
to commit to carbon neutrality and will celebrate its 11 years as a
certified 100% CarbonNeutral® firm. Bain uses 100% renewable energy
across all of its offices, reducing its scope 1 and 2 direct
emissions by 84% over the past 11 years by converting to 100%
renewable electricity, improving the energy efficiency of its
offices and engaging its local Green Teams to find innovative
solutions in its operations. The firm has committed to reach
net-zero carbon impact by 2030.
Bain is a signatory of the 'Business Ambition for 1.5⁰C' letter
with the Science Based Targets initiative (SBTi) as well as the UN
Global Compact. The firm earned an A- in its public disclosure
through the Carbon Disclosure Project in 2021, and it has adopted
Global Reporting Initiative (GRI) standards in its reporting. Bain
incorporates sustainability risk management into its global
governance structure and strategy, and it has built an
industry-leading program to reduce carbon emissions from its
end-to-end operations.
Editor's Note: In 2020, Bain & Company made a
minority investment in EcoVadis in order to integrate
EcoVadis's sustainability ratings into the firm's approaches to
corporate strategy, supply chain and procurement. For more
information or interview requests please contact: Mariam Hussain, Bain & Company, tel. +1
312-629-7884, email: mariam.hussain@bain.com
About Bain & Company
Bain & Company is a global consultancy that helps the
world's most ambitious change makers define the future.
Across 64 cities in 39 countries, we work alongside our clients
as one team with a shared ambition to achieve extraordinary
results, outperform the competition, and redefine industries. We
complement our tailored, integrated expertise with a vibrant
ecosystem of digital innovators to deliver better, faster, and more
enduring outcomes. Our 10-year commitment to invest more than
$1 billion in pro bono services
brings our talent, expertise, and insight to organizations tackling
today's urgent challenges in education, racial equity, social
justice, economic development, and the environment. We earned a
platinum rating from EcoVadis, the leading platform for
environmental, social, and ethical performance ratings for global
supply chains, putting us in the top 1% of all companies. Since our
founding in 1973, we have measured our success by the success of
our clients, and we proudly maintain the highest level of client
advocacy in the industry.
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SOURCE Bain & Company