Accenture (NYSE: ACN) has acquired Carbon Intelligence, a leading carbon and climate change strategy consultancy, adding more than 160 professionals to its rapidly growing group of data scientists, consultants and sustainability experts. Carbon Intelligence is focused on helping global businesses understand their overall carbon footprints, and ways to reduce them, using Science Based Targets Initiative (SBTi) strategies that lead to transformational rethinking of clients’ business models and value chains.
Carbon Intelligence is Accenture’s fifth sustainability-focused acquisition in the last year, which comes in addition to the company’s significant expansion of its global capabilities through investing in its people and recruiting top talent. Accenture continues to place ever-greater emphasis on sustainability by expanding capabilities in sustainability strategy, supply chain transformation, and data-driven measurement of value and impact. Earlier this year, Accenture acquired Greenfish in France, Belgium and the Netherlands, akzente in Germany, Avieco in the UK and Zestgroup in the Netherlands.
“Carbon Intelligence expands our expertise in carbon strategy and delivery, building on the insights of our recently created global carbon intelligence network,” said Peter Lacy, Accenture’s global Sustainability Services lead and chief responsibility officer. “We continue deepening our global capabilities in sustainability – one of the forces that companies must harness to lead in the next decade – in areas that are crucial for the energy transition. Alongside this we are embedding 360-degree value for our stakeholders with our growing number of partners, venture investments and, most importantly, our clients.”
Carbon Intelligence has helped numerous multinational companies set science-based decarbonisation targets and develop measurable strategies to achieve them, working closely with the SBTi. The company is a key accredited partner to CDP (formerly the Carbon Disclosure Project) and regularly recognised for its high standard of work in helping clients measure and manage their emissions.
Jonathan Sykes, CEO, Carbon Intelligence said: “The Carbon Intelligence team is made up of amazing, passionate people who are committed to driving real impact on climate change. We are excited to be joining Accenture, which will help us scale our capabilities and fulfil our mission to help businesses make a successful transition to a low-carbon world.”
The addition of Carbon Intelligence demonstrates Accenture’s ongoing commitment to embed sustainability into everything the company does and with everyone it works with, at a time when increasing regulation and new standards are expanding the call for accurate data in sustainability decision-making by clients across industries and around the world. The ability to measure, interpret and act on carbon data using the very latest in analytics, artificial intelligence and visualization technologies has never been more critical.
Toby Siddall, Accenture’s Sustainability lead in the UK and Ireland added: “Carbon Intelligence is an important addition given their leading capabilities in emissions measurement and management, and trusted data-based insights to support clients in decarbonisation goals against science-based targets. Together with Accenture’s capacity to deliver real transformation at scale, we will be able to accelerate true impact in reducing total emissions with our clients and for the communities they serve.”
Terms of the transaction were not disclosed.
Sourced from Accenture