BDO has announced its transition to Net-Zero roadmap, which includes a commitment to a near-term target of 2030. This will require the firm to halve its total carbon emissions from a baseline year of 2020.
Building on its current carbon-neutral status, BDO has submitted both a near-term target (2030) and a long-term target (2050) for review by the Science Based Targets initiative (SBTi) Net-Zero Standard. The SBTi’s science-based targets are set specifically in line to achieve the goal of limiting global warming to below 1.5°C.
BDO’s Net-Zero roadmap focuses initially on three action areas to 2030:
- ‘How we work’, including renewable energy in their offices, Net-Zero criteria in their property strategy, and educating partners and employees on carbon-efficient ways of working
- ‘How we travel’, including the design of a new carbon-smart travel policy to reduce emissions from business travel by 40%
- ‘How we buy’, including 80% of BDO’s suppliers by spend to have science-based Net-Zero targets by the end of 2028.
- The firm has also committed to remain carbon neutral for its operational emissions as it works to transition to be a Net-Zero business.
BDO commits to new Net-Zero targets
Our ESG Board Co-Chairs Matthew White and Nicola Lally explain more about the three action areas to halving our emissions by 2030 and what the journey to full Net-Zero involves.