Global professional services firm Accenture announced the latest in a string of sustainability-related transactions, with the acquisition of carbon and climate change strategy consultancy Carbon Intelligence.
UK-based Carbon Intelligence helps companies to measure and manage their overall carbon footprints. The firm works closely with the Science Based Targets initiative (SBTi), a collaboration between CDP, WRI, the WWF, and the UNGC focused on aligning corporate environmental sustainability action with the global goals of limiting climate change, to support businesses in setting science-based decarbonization targets, and developing strategies to achieve them.
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 acquisition of Carbon Intelligence adds more than 160 professionals to Accenture’s Sustainability Services. Accenture state that the transaction expands the firm’s ability to use technology, science, data and economics to drive sustainable impact for clients globally.
Toby Siddall, Accenture’s Sustainability lead in the UK and Ireland said:
“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.”
The announcement marks the latest in a series of moves by Accenture to boost its sustainability and ESG-focused capabilities, including recent acquisitions of Munich-based sustainability consultancy akzente , UK-based sustainability consultancy Avieco and sustainability-focused engineering and advisory consultancy Greenfish. Additionally, Accenture venture arm Accenture Ventures recently announced a strategic investment in ESG measurement platform PulsESG, and as well as an investment last year in ESG data platform Arabesque S-Ray (now ESG Book).
Peter Lacy, Accenture’s Global Sustainability Services Lead and Chief Responsibility Officer, said:
“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.”