Boston Consulting Group (BCG) partners with leaders in business and society to tackle their most important challenges and capture their greatest opportunities. BCG was the pioneer in business strategy when it was founded in 1963. Today, we work closely with clients to embrace a transformational approach to benefit all stakeholders—empowering organizations to grow, build sustainable competitive advantage, and drive positive societal impact.
Our diverse, global teams bring deep industry and functional expertise and a range of perspectives that question the status quo and spark change. BCG delivers solutions through leading-edge management consulting, technology and design, and corporate and digital ventures. We work in a uniquely collaborative model across the firm and throughout all levels of the client organization, fueled by the goal of helping our clients thrive and enabling them to make the world a better place.
Purpose
At BCG, our purpose is Unlocking the potential of those who advance the world.
This simple phrase is underpinned by five core pillars:
- We bring insight to light by challenging traditional thinking and ways of operating and bringing new perspectives to the toughest problems.
- We drive inspired impact by looking beyond the next deadline to the next decade and by collaborating closely with our clients to enable and energize their organizations.
- We conquer complexity by discovering unique sources of competitive advantage and hidden truths in dynamic, complex systems.
- We lead with integrity by confronting the hard issues, staying true to our values, and stating our views candidly and directly.
- We grow by growing others, enabling our clients, colleagues, and the broader community to build success and achieve their full potential.
Rich Lesser
We believe it is vital to state clearly to the world the set of our beliefs about Inclusive Capitalism. As such, we start with our Statement of Guiding Principles for Inclusive Capitalism. Knowing that words alone are not enough, each of us is making a series of commitments about how we will operate our institutions so that they help achieve Inclusive Capitalism. These commitments are forward-looking statements based on current goals, expectations and assumptions, which are not guarantees of future performance. For more information, please refer to our Terms of Use
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Summary
BCG is committed to advancing diversity, equity, and inclusion, including by ensuring a 40% global female representation annually and 40% female representation among entry-level new hires to our consulting teams yearly.
Activities & Initiatives
- We aim to attract and retain diverse employees who are representative of the society in which we live and do business.
- We focus on recruiting diverse talent, with structured protocols to eliminate bias from the recruiting process.
- We have formal flexibility policies to improve predictability and employee sustainability.
- We run a set of global diversity networks with associated initiatives such as Women@BCG and Pride@BCG to provide support for employees.
- We offer tailored talent development, mentoring, and sponsorship programs to support diversity, equity and inclusion.
- We deliver mandatory anti-harassment and cultural awareness training, as well as periodic unconscious-bias training.
Measures & Targets
- 40% global female representation on an annual basis.
- 40% female representation among entry-level new hires to our consulting teams on an annual basis.
- Equal promotion and retention rates for women and men within the consulting team on an annual basis.
Summary
In September 2020, BCG announced a new pledge to achieve net-zero climate impact by 2030 at the latest.
Activities & Initiatives
- Achieve net-zero climate impact by 2030 at the latest.
- Reduce the emissions intensity of our operations in line with ambitious targets.
- Neutralize (balance) 100% of our remaining emissions by 2030.
- Maintain 100% renewable electricity consumption for our office electricity.
- Maintain carbon neutral company certification as we progress towards our net-zero goal.
Measures & Targets
- We will reach net-zero climate impact by 2030 at the latest.
- We will reduce our footprint through a 92% reduction in Scope 1 and Scope 2 emissions per full-time equivalent employee (FTE) and a 48.5% reduction in Scope 3 business travel emissions per FTE by 2025 (against our 2018 baseline year).
- Our targets have been validated by the Science Based Targets initiative as aligned with the most ambitious goal of the Paris Agreement: to limit the global temperature rise to 1.5°C above preindustrial levels.
- We will remove our remaining footprint with the most effective nature-based and engineered solutions at an annual average of $80 per tonne by 2030.
- Beyond 2030, we will become climate positive by removing more carbon than we emit.
- We will purchase 100% of our electricity from renewable energy sources.
Summary
BCG is committed to advancing racial equity across racial and ethnic identities facing societal inequality and injustice by investing $100 million into talent resources by 2025.
Activities & Initiatives
- Catalyzing Change by Investing $100 Million in Talent Resources over Five Years.
- Accelerating Representation of Black BCGers by driving parity in retention, increasing representation in leadership, educating leaders and staff, and enhancing employee sponsorship and development.
- Strengthening Our Supplier Diversity Efforts.
- Donating $1 Million over Five Years to Organizations Leading the Change.
- Advancing the pursuit of racial equity with our clients through the lens of Total Societal Impact (TSI)
Measures & Targets
- Catalyzing Change by Investing $100 Million in Talent Resources over Five Years.
- Donating $1 Million over Five Years to Organizations Leading the Change.
Summary
BCG will address climate change by committing $400 million over the next decade to enable BCG teams to partner with clients to help them realize their ambitions through BCG’s Center for Climate Sustainability.
Activities & Initiatives
- We will work with corporations, investors, industry associations, governments, and NGOs to align their strategies with a well-below-2°C path, consistent with the Paris Agreement, and to realize competitive advantage in a low-carbon economy.
- We are also committed to shaping the global agenda by broadening and deepening our engagement with leading climate actors and thought leaders.
Measures & Targets
- We have committed $400 million over the next decade to enable BCG teams to drive climate and environmental impact across industries and countries.
- We completed approximately 400 climate and environment projects with more than 300 organizations in 2020.
Summary
BCG is dedicated to responsible and ethical practices by requiring all employees to complete training relating to our Code of Conduct, Anti-Bribery; Corruption, Data Privacy, and Information Security policies annually.
Activities & Initiatives
- All BCG employees must agree to adhere to the BCG Code of Conduct as a condition of their employment, must complete a mandatory training on the Code and must reaffirm their compliance with the Code every year.
- All BCG employees must agree to adhere to our Data Privacy and Information Security policies as a condition of their employment, must complete a mandatory training on the policies and must reaffirm their compliance with the policies every year.
Measures & Targets
- 100% of BCG employees are required to complete our Code of Conduct and Anti-Bribery & Corruption online training and complete an annual acknowledgment of the related policies.
- 100% of BCG employees are required to complete our data privacy and information security online training and complete an annual acknowledgment of the related policies.
Sign up your company
Recognizing it will take alignment of all our organizations to scale impact globally, we invite you to join the movement as a Steward of Inclusive Capitalism. Together, the collective action of Council members will contribute to a fairer, more inclusive and sustainable future for all people and our planet.
