• Bain & Company and Schneider Electric forge new strategic partnership to advance and accelerate global corporate decarbonization ambitions
  • Schneider Electric launched its Sustainability and Responsibility Practice over ten years ago and has seen the area grow by more than 65% per annum over the past five years, with more than 950 sustainability projects undertaken by its consulting teams during this period

BOSTON & LONDON / COMCO / Terabithia Press

Bain & Company announced last week a worldwide strategic partnership with Schneider Electric, a leading global sustainability and engineering consulting business focused on energy management and decarbonization. More than 4,000 companies have committed to achieve science-based carbon reduction targets over the next 25 years, yet many are struggling to meet these goals. Further, mounting pressure from investors and increasing compliance legislation on emissions, climate risk, and transparency are driving additional urgency for companies to act.

The new partnership will combine Bain & Company’s deep advisory expertise in decarbonization and its capabilities across industries in manufacturing excellence, including supply chain enhancement, performance improvement and operational delivery, and Schneider Electric’s market-leading experience in strategically designing and implementing clients’ carbon reduction and energy use transformations. The partnership follows a series of existing, highly successful collaborations that have demonstrated the impact of the companies’ combined expertise for clients.

“At Bain & Company we are constantly enhancing the breadth and depth of our capabilities and expertise to help our clients accomplish their ESG goals and secure the greatest potential and value from their decarbonization and energy efficiency journeys. Our partnership with Schneider Electric will be a critical accelerator of our ambition in this arena, providing us with a key partner as we work with leading companies to forge a more sustainable and profitable future for their businesses, investors and communities»

Hernan Saenz, Dallas leader of Bain’s Global Performance Improvement practice

Strong sustainability commitments and record Bain & Company, which has been carbon neutral since 2011, announced in April its commitment to science-based target emissions reductions, as well as the pledge to be net carbon negative in every year going forward. This will see the firm remove more than 100% of its scope 1, 2 and 3 carbon emissions by supporting projects that extract carbon from the atmosphere. This is part of the Bain’s bold, multi-year ESG commitments set out in our 2022 ESG report . The firm launched its Sustainability and Responsibility Practice over ten years ago and has seen the area grow by more than 65% per annum over the past five years, with more than 950 sustainability projects undertaken by its consulting teams during this period, including more than 800 which touched on climate transition cases.

“The global demand for corporate decarbonization has accelerated rapidly, driving new pressures for companies to make meaningful progress on energy efficiency, renewable energy procurement, and electrification»

Steve Wilhite, President of Schneider Electric’s global Sustainability Business

In September 22, Bain launched the Further Academy , which will see it train all consultants worldwide in ESG within months, in partnership with 12 world-class universities. Schneider Electric is also a recognized global sustainability leader, and the new partnership will harness the company’s growing portfolio of digital decarbonization solutions and its network of more than 2,500 experts in over 100 countries in the areas of energy and carbon management, renewable energy procurement, ESG, and efficiency. The company is the world’s leading corporate energy advisor, managing more than $40.000 millions in energy spend on behalf of its clients annually, and having consulted on hundreds of utility-scale renewable PPA purchases since 2014. ​


2022 ESG Report: Going Further

  • The extraordinary challenges of our world in this moment make it clear we must go Further – faster and together. This report spells out and reaffirms our commitment to the bold actions we must take and the progress we have made, while knowing how much more there is to do.

By Manny Maceda Worldwide Managing Partner

2022 ESG Report | Bain & Company

Further Academy

  • 12 world-class universities, including Massachusetts Institute of Technology (MIT), Imperial College London, HEC Paris, and Melbourne Business School will provide training to consultants in all of Bain & Company’s 65 offices in 40 countries. The Further Academy will give all Bain consultants access to 40 hours of training as the firm puts climate science, sustainability and the wider ESG agenda at the heart of its consulting offer

By François Faelli /Brussels

Bain & Company acts on global sustainability imperative with world-leading program to rapidly upskill all consultants with ESG training from top universities | Bain & Company

In 2022, Schneider was honored as a Top 10 member of the Corporate Knights Global 100 Index most sustainable companies in the world and recently announced its 12 th consecutive year on the CDP “A” list. The company is committed to net zero emissions across its operations and value chain by 2050. To achieve this goal, Schneider launched its Zero Carbon Project in 2021, a program to help its top 1,000 suppliers reduce emissions 50% by 2025.