Russell Reynolds Associates

Russell Reynolds Associates, a US-headquartered firm in the Other Business Services sector, has set ambitious climate targets. For 2025, the company projects its global Scope 1 emissions to be about 258,000 kg CO2e, Scope 2 market-based emissions approximately 342,000 kg CO2e, and Scope 3 emissions around 29,045,000 kg CO2e. This follows 2024 projections of 298,000 kg CO2e for Scope 1, 372,000 kg CO2e for Scope 2 market-based, and 28,035,000 kg CO2e for Scope 3. In 2023, the company reported global Scope 1 emissions of 357,000 kg CO2e, Scope 2 market-based emissions of 1,823,000 kg CO2e, and Scope 3 emissions of 24,553,000 kg CO2e.

Russell Reynolds Associates has set near-term and long-term Science Based Targets initiative (SBTi) aligned goals. The company commits to reaching net-zero greenhouse gas emissions across its value chain by 2050. Near-term, Russell Reynolds Associates aims to reduce absolute Scope 1 and 2 GHG emissions by 50% by 2030, from a 2019 baseline. Furthermore, it plans to reduce Scope 3 GHG emissions from business travel by 55% per full-time employee equivalent within the same timeframe. The company also commits that 30% of its suppliers, by emissions covering purchased goods and services, capital goods, and upstream transportation and distribution, will have science-based targets by 2027. For long-term goals, Russell Reynolds Associates targets a 90% absolute reduction in Scope 1, 2, and 3 GHG emissions by 2050 from a 2019 baseline.