Wavestone Sustainability Profile
Wavestone, a leading consulting firm headquartered in France, has established itself as a key player in the management and IT consulting industry since its founding in 2016. With a strong presence in major operational regions across Europe and North America, Wavestone focuses on delivering innovative solutions in digital transformation, cybersecurity, and operational efficiency. The firm is renowned for its unique approach to consulting, combining deep industry expertise with a commitment to client collaboration. Wavestone's core services include strategic advisory, technology implementation, and change management, all tailored to meet the specific needs of diverse sectors. Notably, the company has achieved significant recognition for its ability to drive sustainable growth and enhance organisational performance, solidifying its position as a trusted partner for businesses navigating complex challenges in today's dynamic market.
DitchCarbon Score
How does Wavestone'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
Wavestone's score of 86 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Wavestone's reported carbon emissions
In 2024, Wavestone reported total greenhouse gas emissions of approximately 5,695,000 kg CO2e, comprising 65,000 kg CO2e from Scope 1, 252,000 kg CO2e from Scope 2, and 4,747,000 kg CO2e from Scope 3 emissions. This represents a slight increase from 2023, where total emissions were about 5,680,000 kg CO2e. The company has set ambitious targets to reduce its carbon footprint, committing to a 90% reduction in absolute Scope 1 and 2 emissions by 2049, compared to a 2019 baseline. For the near term, Wavestone aims for a 29.4% reduction in Scope 1 and 2 emissions by 2026. Additionally, it targets a 39.8% reduction in Scope 3 emissions per full-time employee within the same timeframe. As part of its long-term strategy, Wavestone has also pledged to achieve net-zero emissions across all scopes by 2049, with interim targets validated by the Science Based Targets initiative (SBTi). Wavestone's commitment to sustainability is further evidenced by a reported 51% reduction in Scope 1 and 2 emissions compared to the 2019/20 fiscal year, aligning with its near-term goal of a 17% reduction for the 2023/24 fiscal year. The company is actively working towards these targets, demonstrating a strong commitment to addressing climate change and reducing its environmental impact.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 93,000 | 00,000 | 00,000 | 00,000 | 00,000 |
| Scope 2 | 543,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 5,096,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
How Carbon Intensive is Wavestone's Industry?
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Wavestone's Scope 3 Categories Breakdown
Wavestone's Scope 3 emissions, which increased by 1% last year and decreased by approximately 7% since 2020, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 49% of Scope 3 emissions.
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Wavestone'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.
Wavestone 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.
Frequently Asked Questions
Common questions about Wavestone's sustainability data and climate commitments