Roland Berger’s Net-Zero Goal Approved by SBTi, Aiming for Full Emission Reduction by 2040

Roland Berger’s Net-Zero Goal Approved by SBTi, Aiming for Full Emission Reduction by 2040

(IN BRIEF) Roland Berger’s net-zero emissions reduction target has been approved by the Science Based Targets initiative (SBTi). The consultancy aims to achieve net-zero greenhouse gas emissions across its value chain by 2040, aligning with the Paris Climate Agreement. The plan includes a 90% reduction in scope 1 and 2 emissions and a 97% reduction in scope 3 emissions per million EUR economic value added from a 2019 base year. Roland Berger is also dedicated to sustainability through its business practices and client support, including a partnership with the UNFCCC and the acquisition of Amane Advisors to enhance water consulting expertise.

(PRESS RELEASE) MUNICH, 29-Jul-2024 — /EuropaWire/ — Global management consultancy Roland Berger has received scientific approval from the Science Based Targets initiative (SBTi) for its net-zero emissions reduction target. This validation confirms that Roland Berger’s climate goals are ambitious and align with the United Nations’ Paris Climate Agreement, which aims to limit global warming to 1.5 degrees Celsius above pre-industrial levels.

Stefan Schaible, Global Managing Partner at Roland Berger, stated, “Our commitment to addressing climate change is demonstrated by our goal to integrate sustainability into all our practices and projects. Beyond reducing our own footprint, we assist our clients in developing strategies to cut greenhouse gas emissions, enhance climate resilience, and optimize resource use to boost their performance and competitiveness.”

Roland Berger aims to achieve net-zero emissions across its value chain by 2040. The SBTi has validated Roland Berger’s long-term emission reduction target, which involves reducing absolute scope 1 and 2 emissions by 90% and scope 3 emissions by 97% per million EUR of economic value added from a 2019 base year.

To meet these ambitious targets, Roland Berger has developed a comprehensive plan focused on sustainability. The company is committed to generating a significant portion of its revenue from sustainability, climate action, and ESG services, with expectations to double these revenues year-on-year.

Roland Berger has recently partnered with the United Nations Framework Convention on Climate Change (UNFCCC) to support strategic planning and organizational initiatives, aiming to enhance the UNFCCC’s efficiency in achieving the goals of the Paris Agreement.

Additionally, the acquisition of Amane Advisors has bolstered Roland Berger’s expertise in water consulting, establishing a leading position in this sector. Through collaborations with governments, academia, and civil society, Roland Berger continues to develop innovative solutions to current environmental challenges.

For more information on Roland Berger’s ESG strategy and initiatives, please refer to the company’s ESG report.

About the SBTi
The SBTi is a corporate climate action organization that enables companies and financial institutions worldwide to play their part in combating the climate crisis.

It develops standards, tools and guidance which allow companies to set greenhouse gas emissions reductions targets in line with what is needed to keep global heating below catastrophic levels and reach net-zero by 2050 at latest.

The SBTi is incorporated as a charity, with a subsidiary which will host its target validation services. SBTi partners are CDP, the United Nations Global Compact, the We Mean Business Coalition, the World Resources Institute (WRI), and the World Wide Fund for Nature (WWF). The SBTi defines and promotes best practice in science-based target setting, offers resources and guidance to reduce barriers to adoption, and independently assesses and approves companies’ targets.

Roland Berger is one of the world’s leading strategy consultancies with a wide-ranging service portfolio for all relevant industries and business functions. Founded in 1967, Roland Berger is headquartered in Munich. Renowned for its expertise in transformation, innovation across all industries and performance improvement, the consultancy has set itself the goal of embedding sustainability in all its projects. Roland Berger revenues stood at more than 1 billion euros in 2023.

Media Contacts:

Silvia Constanze Zösch
GLOBAL PR
silvia.zoesch@rolandberger.com
+49 89 9230 8750

Kerstin Hoppe
Head of Global Marketing and Communications
kerstin.hoppe@rolandberger.com
+49 89 9230 8575

SOURCE: Roland Berger GmbH