FTI Consulting committed to achieving net-zero greenhouse gas (GHG) emissions by 2030. The company will identify emission reduction targets for Scope 1 and Scope 2 emissions as well as business travel in 2022 and intends to work toward having these goals validated by the Science Based Targets initiative (SBTi). The commitment was made as part of FTI Consulting’s inaugural corporate sustainability report, which explains the company’s approach to its environmental, social and governance (ESG) risks and opportunities, programs, policies, practices and goals.
FTI Consulting will move toward reaching its net-zero GHG emissions goal in part through its environmental sustainability efforts. These ongoing activities include reducing global office square footage per employee, addressing sustainable guidelines for new office buildouts, educating employees on traveling with increased efficiency, encouraging greener travel and providing employees with the technology and equipment needed to reduce travel where appropriate.
“We at FTI Consulting aspire to create long-term, sustainable value through ESG-related initiatives for all stakeholders — our people, our clients, our shareholders and our communities,” Steven H. Gunby, president and CEO of FTI Consulting, said. “Though we recognize there is more work to do, we are inspired by the collective contributions by our colleagues across the globe this past year.”
As a participant to the United Nations’ Global Compact, FTI Consulting supports the 10 principles on human rights, labor, environment and anti-corruption. The company works to support these principles and applicable UN sustainable development goals (SDGs) through client work, pro bono engagements and philanthropic efforts, which are discussed in the firm’s corporate sustainability report, with a particular focus on the UN SDGs that most closely align with the company’s corporate sustainability strategy: good health and well-being, quality education, gender equality, decent work and economic growth, reduced inequalities, climate action and peace, justice and strong institutions.
FTI Consulting’s corporate sustainability report describes company-specific sustainability initiatives that seek to align with established reporting frameworks and standards, including the task force on climate-related financial disclosures and the sustainability accounting standards board. The company also has submitted its response to the carbon disclosure project climate change questionnaire for 2021.
The report also describes the company’s previously stated workforce goals, including:
- Reaching 165 female senior managing directors by 2025, an increase of 65% compared with 2020.
- Reaching 120 underrepresented minority senior managing directors by 2025, more than twice the number compared with 2020.
- Extending the company’s 50/50 gender-balanced hiring target from the campus and graduate level to include consultant and senior consultant levels
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