Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental Sustainability
• Social Responsibility
• Consumer Preferences

Environmental Achievements

• Not disclosed

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Large environmental footprint of BPC products (packaging, ingredients, energy)
• Lack of recycling of BPC packaging
• Fragmented regulatory environment for plastics

Mitigation Strategies

• Reducing packaging, using reusable and recycled/biodegradable materials
• Sustainable sourcing of ingredients, avoiding harmful chemicals
• Using renewable energy in manufacturing, redesigning products for lighter weight and less packaging
• Adapting practices to the most restrictive regulatory regimes

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Sustainable sourcing of raw materials
• Requiring suppliers to reduce their own emissions

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Refillable deodorant (Dove)
• Skin serum in recycled packaging (Garnier)

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Climate Change
• Diversity & Inclusion
• Ethical Business Practices
• Data Privacy and Security

Environmental Achievements

• 61% absolute reduction in Scope 1+2 emissions since 2019
• 61% per headcount reduction in Scope 3 emissions from business travel since 2019
• Achieved 100% renewable electricity globally

Social Achievements

• 43% women represented in total global headcount
• 39% of U.S. consulting staff self-identified as ethnically or racially diverse
• Over $3.6 million in donations and pro bono work globally
• 8th Best Consulting Firm to Work For in Vault’s Annual Consulting Survey

Governance Achievements

• Submitted first CDP Climate Survey
• Reported on Task Force on Climate-related Financial Disclosures (TCFD)
• Submitted Communication on Progress to the United Nations Global Compact (UNGC)
• Approved ambitious multi-year sustainability objectives and targets

Climate Goals & Targets

Environmental Challenges

• Lack of alignment on sustainability priorities among executive teams and boards
• Navigating complex trade-offs between sustainability and financial performance
• Finding a pathway to growth that integrates sustainability
• Balancing the interests of different stakeholder groups

Mitigation Strategies

• Developed a five-step implementation pathway to reach ambitious Scope 3 business travel emission reduction goals
• Created a sophisticated and commercially-sensitive decarbonization plan
• Established a Global Sustainability Centre of Excellence (SCE) to leverage expertise and capabilities
• Developed a comprehensive sustainable finance growth strategy

Supply Chain Management

Responsible Procurement

• Supplier Code of Conduct
• Sustainability Questionnaire

Climate-Related Risks & Opportunities

Physical Risks

• Floods
• Wildfires
• Storms
• Earthquakes
• Sea level rise
• Temperature increases
• Variability of precipitation

Transition Risks

• Emerging regulations
• Legal risks
• Technological risks
• Market risks
• Reputational risks

Opportunities

• Increased demand for sustainability-related consulting services

Reporting Standards

Frameworks Used: GRI, SASB, TCFD, UNGC

Certifications: CarbonNeutral®, ISO 27001

Third-party Assurance: Nature Positive (an RSK company) and Carbonology

UN Sustainable Development Goals

• SDG 7
• SDG 8
• SDG 12
• SDG 13
• SDG 17

L.E.K.'s efforts touch on all 17 SDGs, with a focus on those where the firm can have the most meaningful impact.

Environmental Metrics

ESG Focus Areas

• Climate Change
• Diversity, Equity & Inclusion
• Ethical Business Practices
• Employee Well-being

Environmental Achievements

• 63% absolute reduction in Scope 1+2 emissions since 2019
• 65% per headcount reduction in Scope 3 emissions from business travel since 2019
• 100% office electricity from renewable sources
• Achieved CDP A- and Gold EcoVadis rating

Social Achievements

• 42% women represented in total global headcount
• 41% U.S. consulting employees self-identified as ethnically or racially diverse
• $3M+ in donations and pro bono work globally
• Established Employee Resource Groups (ERGs)

Governance Achievements

• 4 Board meetings with Sustainability on the agenda in 2023
• 20+ Sustainability Steering Committee meetings and six ESG Committee meetings conducted in 2023
• 1.5°C Near-term and Net-Zero targets validated by SBTi for Scopes 1, 2, and 3

Climate Goals & Targets

Environmental Challenges

• Cost of decarbonization investments
• Balancing business travel with emissions reduction
• Decarbonizing Scope 3 emissions beyond business travel

Mitigation Strategies

• Implementing office-specific energy efficiency initiatives
• Formalizing environmental assessments of new office locations
• Promoting virtual meetings and reduced air travel
• Developing monthly reporting of air travel emissions data
• Investing in sustainable procurement policies
• Exploring carbon budgets and internal carbon pricing

Supply Chain Management

Responsible Procurement

• Supplier Code of Conduct
• Sustainability Questionnaire

Climate-Related Risks & Opportunities

Physical Risks

• Floods
• Wildfires
• Storms
• Earthquakes
• Sea-level rise
• Temperature increases
• Precipitation variability

Transition Risks

• Emerging regulations
• Legal risks
• Technological risks
• Market risks
• Reputational risks
• Increased air travel costs

Opportunities

• Increased demand for sustainability consulting services

Reporting Standards

Frameworks Used: GRI, SASB, TCFD, UNGC, SBTi

Certifications: CarbonNeutral®

UN Sustainable Development Goals

• SDG 5
• SDG 8
• SDG 12
• SDG 13

Efforts touch on all 17 SDGs, with focus on gender equality, decent work, sustainable consumption and production, and climate action

Awards & Recognition

• Gold rating from EcoVadis
• A- rating from CDP