BDO

BDO, a financial intermediation services firm headquartered in the US, reported approximately 72.18 billion kg CO2e in total emissions for 2024. This figure encompasses Scope 1, 2, and 3 emissions.

In 2024, BDO's Scope 1 emissions were approximately 902,000 kg CO2e, with stationary combustion accounting for about 697,000 kg CO2e and fugitive emissions at approximately 205,000 kg CO2e. Scope 2 emissions, primarily from purchased electricity, totalled about 6.08 million kg CO2e. Scope 3 emissions were the largest component, reaching approximately 65.20 billion kg CO2e, driven significantly by purchased goods and services (about 32.53 billion kg CO2e) and business travel (approximately 21.15 billion kg CO2e).

Prior to this, in 2023, BDO's total emissions were approximately 90.32 billion kg CO2e. Scope 1 emissions for that year were about 1.24 million kg CO2e, while Scope 2 emissions were approximately 6.45 million kg CO2e. Scope 3 emissions in 2023 were approximately 82.63 billion kg CO2e.

BDO has set ambitious climate commitments:

• Near-Term Reduction Goal: The company aims for a 50% emissions reduction by 2030, targeting scope 1 and 2 emissions. This goal is supported by efforts to engage the supply chain, promote efficient travel, and optimise office operations.
• Science-Based Targets: BDO USA, P.C. has committed to reducing absolute Scope 1 and 2 greenhouse gas emissions by 42% by 2030, using a 2023 base year. They also aim for 70.6% of their suppliers (by emissions) to have science-based targets by 2029.
• Long-Term Net-Zero Commitment: BDO USA, P.C. has committed to achieving net-zero greenhouse gas emissions across its value chain by 2050. This includes a target to reduce absolute Scope 1 and 2 GHG emissions by 90% by 2050 from a 2023 base year, and a 90% reduction in absolute Scope 3 emissions from purchased goods and services, capital goods, and business travel within the same timeframe.

These emissions data and reduction targets are inherited from its subsidiary, BDO USA, P.C.