Boston Consulting Group (BCG), marking its 60th year in business in 2023, recently released its 2022 sustainability report, highlighting its internal and external leadership on crucial efforts with a global impact.
The report, titled “Expanding Our Reach, Enhancing Our Impact: 2022 Annual Sustainability Report,” explores the variety of ways that BCG is working to resolve some of the world’s toughest and most urgent climate challenges, and highlights the firm’s progress on its own sustainability initiatives. The firm led more than 1,500 societal and planetary impact projects for 780 clients in the last year, investing more than $1 billion since 2020 to drive change in partnership with leading public, private, and social sector organizations, along with pro bono and direct financial support of climate efforts.
"We are committed to being the most positively impactful company in the world. This ambition lies at the heart of everything we do and is core to our purpose and values," said Christoph Schweizer, BCG's Chief Executive Officer. "We are proud to partner with clients, governments and nonprofit organizations to create positive and sustainable economic, environmental, and societal impact."
BCG continues to serve as an industry leader in social impact, climate, and sustainability action, counting a dedicated team of more than 2,100 professionals led by Chief Sustainability Officer David Webb and Chief Diversity Officer Nadjia Yousif that deliver impact for clients representing 12% of the firm’s work in 2022. It also served as an exclusive consulting partner to COP27 and was recognized on the CDP Climate A List for the second year in a row and supported the UN High-Level Climate Action Champions.
The firm’s efforts to support social change have also made a significant impact, its commitment to diversity, equity, and inclusion helping support its global workforce of 30,000 in 2022, 46% of which were women. BCG maintained equal promotion and retention rates for women and men consultants, and continued to advance its race and ethnicity equity agenda as well, with its U.S. workforce consisting of 46% racial or ethnic minority groups, along with 51% of its new hires.
While the world faces a broad array of challenges in the realm of climate, sustainability, and social change; BCG is continuing its commitment to and investment in bringing about change that makes a global impact, both on its own and in partnership with its many clients. Its 2022 sustainability report serves as a highlight of the firm’s important and ongoing work.