Point B commits to carbon negative emissions by 2030
Point B, a Seattle-headquartered management consultancy, has committed to remove more carbon from the atmosphere than it generates annually by 2030.
The firm is targeting significant reduction of emissions as well as removing and offsetting more carbon that its operations emit. Point B will take immediate action to reduce non-essential carbon emissions and accurately measure unavoidable emissions.
“Human health, economic resiliency, equity, and social justice are inherently connected to global environmental change. To help protect the planet and address these systemic challenges, everyone must do their part – including corporations,” Mike Pongon, CEO of Point B, said.
Point B’s key objectives and outcomes for its long-term sustainability initiative include the creation of a climate-friendly service delivery model; investment in carbon removal solutions; and partnering with suppliers to drive down supply chain emissions.
The consultancy will also continue to help clients accelerate their sustainability programs.
“We believe a carbon negative business model is the most viable path forward for our planet – one that doesn’t conflict with business growth and opportunity,” Pongon added.
Point B provides consulting services in strategy, organizational change, design & creative, data & analytics, and real estate development. The employee-owned firm has more than 800 employees across over a dozen offices in the United States.
Consulting firms, many of whom advise on sustainability initiatives, have to themselves enact leading-edge corporate social responsibility programs to avoid being labeled hypocrites. BCG has committed to net-negative targets by 2030, while McKinsey and Bain have pledged to be net-zero carbon firms by the end of the decade. The Big Four accounting and consulting firms have all committed to net-zero targets.