Global management consulting firm L.E.K Consulting announced today the launch of the Sustainability Centre of Excellence, aimed at supporting clients in addressing key sustainability issues including net zero strategy development and climate solutions development.
Stuart Jackson, L.E.K. Global Managing Partner said:
“Climate change and resource consumption affect all of society and the totality of a business organization.As a result of increasing regulatory and stakeholder pressure, and the inherent risks of climate change and unsustainable production and consumption, decisions about sustainability permeate every aspect of strategy and operations. The rapid growth of ESG funds is a clear statement of investor intent.”
According to the company, the launch comes in response to the growing urgency of climate and sustainability issues, with organizations addressing strategy and operations in order to meet these emerging challenges. L.E.K. will work with clients on the determination of key elements of their sustainability strategies and areas of focus, as well as on identifying sources of competitive advantage. The center will also generate proprietary research focused on key sustainability themes and emerging trends.
The center will bring together L.E.K.’ partners and outside experts from a wide range of practice areas including energy, industrials, life sciences, transportation, and consumer. Focus areas will include net zero strategy development, commercial assessment of new technologies, growth strategy and corporate strategy development for new products and services to address climate change, and commercial due diligence on ESG issues for transactions.
John Goddard, a London-based Partner in L.E.K.’s Industrials practice and a founding member of the Centre’s Executive Board, said:
“Organizations are asking, ‘How do we become a more sustainable business? The answer is in the strategic and operational details — it’s in the choices you make about strategy, market participation, footprint and supply chain. Sustainability is a fundamental societal change — and if you embrace it on those terms and look at it from a full-organization perspective, there will be opportunities. The Centre is here to help clients find their way to those opportunities and in the process, we hope, help create a more sustainable future and mitigate climate change.”