Image credits: Carbon Intelligence
Accenture announced on Thursday that it has acquired London-based carbon and climate change strategy consultancy, Carbon Intelligence. The terms of the transaction have not been disclosed.
As a part of the acquisition, Accenture will add more than 160 professionals to its group of data scientists, consultants, and sustainability experts.
“Carbon Intelligence expands our expertise in carbon strategy and delivery, building on the insights of our recently created global carbon intelligence network,” says Peter Lacy, Accenture’s global Sustainability Services lead and chief responsibility officer.
He adds, “We continue deepening our global capabilities in sustainability – one of the forces that companies must harness to lead in the next decade – in crucial areas 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’s acquisition marks Accenture’s fifth sustainability-focused acquisition this year. Accenture’s previous acquisitions are:
Carbon Intelligence: What you need to know
Carbon Intelligence helps businesses understand their overall carbon footprint and take action to reduce it.
Jonathan Sykes, CEO of Carbon Intelligence, says, “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.”
To achieve this, the UK company follows a strategy called Science Based Targets Initiative (SBTi). Science-based targets show organisations how much and how quickly they need to reduce their greenhouse gas emissions.
The UK company has helped numerous companies set decarbonisation targets and develop strategies to achieve them. It is also a key accredited partner to CDP (formerly the Carbon Disclosure Project).
Toby Siddall, Accenture’s Sustainability lead in the UK and Ireland, says, “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.”
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