Booz Allen Hamilton Holding Corporation
Climate Impact & Sustainability Data (2020, 2020-03-31 to 2024-03-31, 2021, 2022)
Reporting Period: 2020
Environmental Metrics
ESG Focus Areas
- Ethics & Integrity
- Mission & Innovation
- Employee Experience
- Community Engagement
- Global Resilience
- Information Security
Environmental Achievements
- Reduced Scope 2 emissions by 15% from 2014 baseline, both per square foot and per employee (ahead of 2026 goal).
Social Achievements
- Supported employees' generosity through a matching gift campaign.
- Issued 478 volunteer grants, supporting 1,300+ organizations.
- Achieved 100% on the Human Rights Campaign’s Corporate Equality Index for 10 consecutive years.
- Launched a $1 million Innovation Fund to address COVID-19 challenges.
- Unstoppable Together program reached more than 3,000 employees, increasing sense of belonging.
Governance Achievements
- Named one of the World’s Most Ethical Companies by Ethisphere.
- Board diversity: 45% women and/or people of color; 10 of 11 directors independent.
Climate Goals & Targets
- Set new Science Based Targets aligned with SBTi principles within 2 years.
Environmental Challenges
- Unpredictable weather patterns affecting employee productivity.
- Managing corruption risks in global operations.
- Cybersecurity threats in a rapidly evolving digital landscape.
Mitigation Strategies
- Swift adoption of telework practices.
- Robust due diligence of third parties, anti-corruption training.
- Comprehensive threat detection program, continuous training, and a robust enterprise risk management program.
Supply Chain Management
Responsible Procurement
- Supplier Code of Conduct
Climate-Related Risks & Opportunities
Physical Risks
- Unpredictable weather patterns
Opportunities
- Supporting clients in developing adaptation and mitigation solutions.
Reporting Standards
Frameworks Used: GRI Standards: Core option, SASB,
Certifications: ISO 14001:2015
Third-party Assurance: Apex Companies, LLC (limited assurance for GHG emissions)
Awards & Recognition
- World’s Most Ethical Companies (Ethisphere)
- Mental Health Corporate Excellence award (Mental Health America)
Reporting Period: 2020-03-31 to 2024-03-31
Environmental Metrics
ESG Focus Areas
- Climate Change
Environmental Achievements
- Reduced overall emissions by 14.9% from the previous year (Scope 2)
Governance Achievements
- Established a cross-functional Climate Impact Initiative
- SBTi approved near- and long-term greenhouse gas (GHG) reduction targets
Climate Goals & Targets
- Net-zero emissions by 2050
- Reduce overall emissions by 50.4% by 2032 from a 2020 baseline
Environmental Challenges
- Increased scrutiny and changing expectations from stakeholders regarding ESG practices, potentially impacting reputation, talent attraction, and business acquisition.
- Exposure to physical risks related to climate change, including extreme weather events, potentially disrupting operations and increasing costs.
Mitigation Strategies
- Improved monitoring of direct operations
- Increased geographic diversity of facilities
- Proactive telework strategy
- Enhanced Crisis Management (CM) and Business Continuity (BC) capabilities using automated planning systems and Emergency Alert Systems.
Supply Chain Management
Climate-Related Risks & Opportunities
Physical Risks
- Heavy precipitation
- Rising temperatures and sea levels
- Extreme heat
- Other extreme weather events
- Hurricanes
- Typhoons
- Tsunamis
- Floods
- Earthquakes
- Fires
- Water shortages
- Prolonged drought
Transition Risks
- Changes to national legislation
- Increased scrutiny from stakeholders on ESG issues
Opportunities
- Increased sales of existing products and services related to climate adaptation and resilience support
Reporting Standards
Frameworks Used: GRI, TCFD, SASB, UNGP, WEF, SBTi
Certifications: ISO 14001
Third-party Assurance: Apex Companies, LLC; IEC GHGi
Sustainable Products & Innovation
- Climate Intelligence
- Advanced Transportation and Aviation
- Advanced Energy Technologies and Innovation
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- Ethics & Integrity
- Mission & Innovation
- Employee Experience
- Community Engagement
- Global Resilience
- Information Security
Environmental Achievements
- Reduced total greenhouse gas emissions to 23,700 metric tons CO2e (down from 96,400 in FY20)
- Achieved 2015 goals to reduce Scope 2 emissions by 15% ahead of schedule
- Committed to setting science-based targets through the Science Based Targets initiative
Social Achievements
- 89% of executive Leadership Team are women and/or people of color
- Employees engaged in >180,000 performance-related discussions
- Engaged communities with >$3M in charitable contributions and >$1.7M in pro bono client service
Governance Achievements
- 73% of Board of Directors are women and/or people of color
- ESG/Sustainability performance considered a factor in executive compensation
- Board Diversity policy ensures diverse candidates among new director pools
Climate Goals & Targets
- Not disclosed
- Net-zero greenhouse gas emissions by 2050
- Not disclosed
Environmental Challenges
- COVID-19 pandemic impacting stakeholder engagement and operations
- Supply chain disruptions
- Cybersecurity threats
Mitigation Strategies
- Pivoted to virtual stakeholder engagement
- Implemented robust business continuity plans
- Strengthened cybersecurity measures and incident response capabilities
Supply Chain Management
Responsible Procurement
- Sustainable procurement practices
- Supplier Code of Conduct
Climate-Related Risks & Opportunities
Physical Risks
- Heat impacts
- Drought
- Energy demand
- Land deregulation
- Riverine flooding
- Wildfire
- Coastal flooding
- Historical extremes
Transition Risks
- Regulatory changes
Opportunities
- Development of climate-resilient solutions
Reporting Standards
Frameworks Used: GRI, SASB, TCFD, World Economic Forum Stakeholder Capitalism Metrics, UN Guiding Principles on Business and Human Rights Reporting Framework
Certifications: ISO 14001:2015
Third-party Assurance: Apex Companies, LLC (limited assurance for GHG emissions)
Sustainable Products & Innovation
- DoD Climate Assessment Tool (DCAT)
Awards & Recognition
- World's Most Ethical Company (Ethisphere)
- Nunn-Perry Award
- Champions of Veterans Enterprise Award
- Cogswell Award (Colorado Springs facility)
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Empower Diverse Talent
- Make Innovation Accessible to All
- Drive Community Resilience
Environmental Achievements
- Reduced total greenhouse gas emissions by 65% compared to FY20 emissions
Social Achievements
- Introduced a medical plan option with zero employee premiums to make healthcare more affordable and attainable for employees
- Facilitated a 13% increase in employee charitable giving through firmwide giving campaigns and the Booz Allen Cares donation platform
- Maintained a 99% completion rate of firmwide mandatory annual Ethics & Compliance training
Governance Achievements
- 73% of the Board of Directors are Women, Asian, Hispanic, and/or African American; 45% are Women
- Tied executive compensation to progress on the firm’s diversity, equity, and inclusion goals
Climate Goals & Targets
- Net zero greenhouse gas emissions by 2050
- Not disclosed
- Not disclosed
Environmental Challenges
- The report mentions complex and dynamic challenges such as healthcare issues, climate change, and geopolitical conflicts, and systemic inequities creating uneven impacts.
- Increasing our pipeline of diverse senior leaders by 10% requires strengthening existing practices and partnerships.
Mitigation Strategies
- The VoLT growth strategy (Velocity, Leadership, and Technology) is used to drive progress towards a better future.
- Executing a comprehensive DEI action plan and increasing transparency in workforce demographics.
- Building strategic partnerships to enable inclusive innovation.
- Investing in ESG efforts relevant to the business and important to stakeholders.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Supplier Code of Conduct
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: GRI, SASB, TCFD, UNGP, WEF Stakeholder Capitalism Metrics
Certifications: ISO 14001:2015, ISO 22301:2019
Third-party Assurance: Apex Companies, LLC
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- World’s Most Ethical Companies by Ethisphere
- Corporate Equality Index Best Place to Work for LGBTQ+ Equality
- Military Spouse Friendly Employers
- Best for Vets
- Best Place to Work for Disability Inclusion
- Forbes Best Employers for Diversity