Bain & Company Sustainability Profile
Bain & Company, a leading global management consulting firm, is headquartered in the United States and operates in major regions including Europe, Asia, and South America. Founded in 1973, Bain has established itself in the consulting industry, focusing on areas such as strategy, operations, technology, and mergers and acquisitions. The firm is renowned for its unique approach to client engagement, emphasising collaboration and results-driven solutions. Bain's core services include performance improvement, customer strategy, and digital transformation, setting it apart through its commitment to measurable outcomes. With a strong market position, Bain & Company has consistently been recognised for its innovative methodologies and exceptional client service, earning accolades as one of the top consulting firms globally.
DitchCarbon Score
How does Bain & Company's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Business Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Bain & Company's score of 55 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Bain & Company's reported carbon emissions
In 2023, Bain & Company reported total carbon emissions of approximately 173,563,000 kg CO2e. This figure includes 1,510,000 kg CO2e from Scope 1 emissions, 410,000 kg CO2e from Scope 2 emissions (market-based), and a significant 171,643,000 kg CO2e from Scope 3 emissions, primarily driven by business travel, which accounted for 120,113,000 kg CO2e. Bain & Company has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 30% by 2026, using 2019 as the base year. Additionally, they plan to cut Scope 3 emissions from business travel by 35% per full-time equivalent (FTE) within the same timeframe. Long-term goals include achieving net-zero emissions across all scopes by 2050, with a target to reduce Scope 1 and 2 emissions by 90% by that year, and Scope 3 emissions by 97% per FTE. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect Bain's commitment to sustainability and climate action, ensuring their operations contribute to a 1.5°C future. The data reported is not cascaded from any parent organization, indicating that Bain & Company, Inc. independently tracks and reports its emissions and climate commitments.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 2,910,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 1,071,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 226,588,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Bain & Company's Industry?
How Carbon Intensive is Bain & Company's Location?
Bain & Company's Scope 3 Categories Breakdown
Bain & Company's Scope 3 emissions, which increased by 33% last year and decreased by approximately 24% since 2019, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Business Travel" being the primary emissions source at 70% of Scope 3 emissions.
Top Scope 3 Categories
Bain & Company's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Bain & Company has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Bain & Company's sustainability data and climate commitments