Climate Change Data

FTI Consulting, Inc.

Climate Impact & Sustainability Data (2020)

Reporting Period: 2020

Environmental Metrics

Total Carbon Emissions:10,821 tCO2e/year (2020)
Scope 1 Emissions:6,285 tCO2e/year (2020)
Scope 2 Emissions:5,542 tCO2e/year (2020)
Scope 3 Emissions:27,321 tCO2e/year (2020)
Renewable Energy Share:100% at London office
Total Energy Consumption:4,146 MWh/year (2020)
Carbon Intensity:Reduced Emissions Intensity per employee from 7.05 MT CO2e in 2018 to 2.58 MT CO2e in 2020

ESG Focus Areas

  • Climate Change
  • Diversity & Inclusion
  • Governance
  • Human Capital Management
  • Corporate Citizenship

Environmental Achievements

  • 60% reduction in GHG emissions from 2018 to 2020 (due in part to reduced office utilization and business travel during the COVID-19 pandemic)
  • 18% reduction in office square footage per employee from 2018 to 2020
  • 100% renewable electricity operational at London office
  • 65% of employees work in LEED-certified (or equivalent) offices

Social Achievements

  • Reached 100 female Senior Managing Directors in 2020 (a 15% increase from 2019)
  • Achieved 50/50 gender balance in campus and graduate hiring in 2020
  • Increased hiring of Black employees by 43% in the US and 70% in the UK compared to 2019
  • Increased hiring of Asian employees by 36% in the US compared to 2019
  • 85% employee satisfaction rate in 2020
  • 8% employee voluntary turnover in 2020
  • USD$2.1M+ contributed in pro bono services globally

Governance Achievements

  • Established a Nominating, Corporate Governance and Social Responsibility Committee overseeing ESG factors
  • Incorporation of ESG-related metrics in executive compensation

Climate Goals & Targets

Long-term Goals:
  • Net-zero GHG emissions by 2030
Medium-term Goals:
  • Reach 165 female Senior Managing Directors by 2025 (65% increase from 2020)
  • Reach 120 underrepresented minority Senior Managing Directors by 2025 (more than double from 2020)
  • Extend 50/50 gender balanced hiring target to Consultant and Senior Consultant levels
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Physical risks associated with climate change (rising temperatures, severe storms, energy disruptions, rising sea levels)
  • Regulatory risks related to climate change
  • Market risks related to evolving expectations regarding emissions
  • Reputational risks
Mitigation Strategies
  • Commitment to net-zero GHG emissions by 2030
  • Investment in technology to enable remote work and reduce travel
  • Increased minimum flight duration to fly business class
  • Banning black cars and endorsing ride-sharing
  • Virtualization of server infrastructure
  • Focus on LEED-certified buildings and efficient office designs
  • Waste reduction initiatives

Supply Chain Management

Responsible Procurement
  • Sustainable guidelines for new office buildouts
  • Electronic waste program
  • Use of certified third-party disposal companies

Climate-Related Risks & Opportunities

Physical Risks
  • Rising temperatures
  • Severe storms
  • Energy disruptions
  • Rising sea levels
Transition Risks
  • Regulatory changes
  • Market shifts
Opportunities
  • Reducing real estate footprint
  • Leveraging remote work
  • Transitioning to renewable energy
  • Providing ESG advisory services to clients

Reporting Standards

Frameworks Used: TCFD, SASB, CDP

Certifications: ISO 14001 (London office)

Awards & Recognition

  • Procurement Success Award – Outstanding Contribution for COVID-19 (2020)
  • Advocate of the Year Award (2021)