Boston Consulting Group (BCG) announced today the launch of its global Center for Climate & Sustainability Policy & Regulation, aimed at supporting clients navigate the rapidly transforming climate and sustainability-related regulatory landscape.
Serving as a “one-stop shop for clients,” the new center will bring together BCG’s international team of experts focused on sector- and technology-specific policy and regulation, providing clients with integrated advice on the implications of evolving climate and sustainability policy and regulation across geographies.
Sylvain Santamarta, BCG’s lead for Climate & Sustainability Transformations, said that the new center comes as the competitive landscape for companies and investors is transforming as “governments are putting in place the policy and regulation required to meet their global climate goals,” adding:
“Many companies understand the criticality of policy implementation but struggle with the associated uncertainty and potential impact as the energy transition accelerates.”
Hubi Meinecke, BCG’s Global Head of Climate and Sustainability lead added that “current policy and regulation are only the tip of the iceberg,” with much more to come “as governments work to close the gap between our current path to 2.7°C and the global goal of 1.5°C.”
The announcement comes as BCG has been active in boosting its sustainability-focused capabilities, including the launch in 2021 of its Center for Climate & Sustainability, and its acquisition last year of sustainability transformation-focused consultancy Quantis.
Matteo Coppola, BCG’s Global Head of Risk and Compliance, said:
“The creation of this center represents a natural evolution in the expertise BCG has been building organically across the business in expectation of this acceleration in demand from clients.”