Accenture Acquires Leading Carbon Emissions and Climate Change Strategy Consultancy Carbon Intelligence
Accenture Sustainability Services expands its distinctive means to make use of expertise, science, knowledge, and economics to drive sustainable impression for shoppers globally
LONDON; Sept. 1, 2022 – Accenture (NYSE: ACN) has acquired Carbon Intelligence, a number one carbon and local weather change technique consultancy, including greater than 160 professionals to its quickly rising group of knowledge scientists, consultants and sustainability consultants. Carbon Intelligence is concentrated on serving to world companies perceive their total carbon footprints, and methods to cut back them, utilizing Science Based Targets Initiative (SBTi) methods that result in transformational rethinking of shoppers’ business fashions and worth chains.
Carbon Intelligence is Accenture’s fifth sustainability-focused acquisition within the final yr, which comes along with the corporate’s vital enlargement of its world capabilities via investing in its individuals and recruiting prime expertise. Accenture continues to put ever-greater emphasis on sustainability by increasing capabilities in sustainability technique, provide chain transformation, and data-driven measurement of worth and impression. Earlier this yr, Accenture acquired Greenfish in France, Belgium and the Netherlands, akzente in Germany, Avieco within the UK and Zestgroup within the Netherlands.
“Carbon Intelligence expands our expertise in carbon strategy and delivery, building on the insights of our recently created global carbon intelligence network,” mentioned Peter Lacy, Accenture’s world Sustainability Services lead and chief duty officer. “We continue deepening our global capabilities in sustainability – one of the forces that companies must harness to lead in the next decade – in areas that are crucial for the energy transition. Alongside this we are embedding 360-degree value for our stakeholders with our growing number of partners, venture investments and, most importantly, our clients.”
Carbon Intelligence has helped quite a few multinational corporations set science-based decarbonisation targets and develop measurable methods to realize them, working intently with the SBTi. The firm is a key accredited associate to CDP (previously the Carbon Disclosure Project) and often recognised for its excessive commonplace of labor in serving to shoppers measure and handle their emissions.
Jonathan Sykes, CEO, Carbon Intelligence mentioned: “The Carbon Intelligence team is made up of amazing, passionate people who are committed to driving real impact on climate change. We are excited to be joining Accenture, which will help us scale our capabilities and fulfil our mission to help businesses make a successful transition to a low-carbon world.”
The addition of Carbon Intelligence demonstrates Accenture’s ongoing dedication to embed sustainability into all the pieces the corporate does and with everybody it really works with, at a time when growing regulation and new requirements are increasing the decision for correct knowledge in sustainability decision-making by shoppers throughout industries and world wide. The means to measure, interpret and act on carbon knowledge utilizing the very newest in analytics, synthetic intelligence and visualization applied sciences has by no means been extra vital.
Toby Siddall, Accenture’s Sustainability lead within the UK and Ireland added: “Carbon Intelligence is an important addition given their leading capabilities in emissions measurement and management, and trusted data-based insights to support clients in decarbonisation goals against science-based targets. Together with Accenture’s capacity to deliver real transformation at scale, we will be able to accelerate true impact in reducing total emissions with our clients and for the communities they serve.”
Terms of the transaction weren’t disclosed.
Forward-Looking Statements
Except for the historic info and discussions contained herein, statements on this information launch might represent forward-looking statements inside the which means of the Private Securities Litigation Reform Act of 1995. Words corresponding to “may,” “will,” “should,” “likely,” “anticipates,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates,” “positioned,” “outlook” and comparable expressions are used to establish these forward-looking statements. These statements contain quite a few dangers, uncertainties and different elements that might trigger precise outcomes to vary materially from these expressed or implied. These dangers embody, with out limitation, dangers that: the transaction may not obtain the anticipated advantages for Accenture; Accenture’s outcomes of operations have been, and might sooner or later be, adversely affected by risky, destructive or unsure financial and political circumstances, together with the invasion of Ukraine by Russia, the associated sanctions and different measures which have been and proceed to be imposed in response to this battle, in addition to the present inflationary atmosphere, and the consequences of those circumstances on the corporate’s shoppers’ companies and ranges of business exercise; Accenture faces authorized, reputational and monetary dangers from any failure to guard consumer and/or firm knowledge from safety incidents or cyberattacks; Accenture’s business depends upon producing and sustaining ongoing, worthwhile consumer demand for the corporate’s companies and options together with via the variation and enlargement of its companies and options in response to ongoing adjustments in expertise and choices, and a big discount in such demand or an incapacity to answer the evolving technological atmosphere may materially have an effect on the corporate’s outcomes of operations; if Accenture is unable to match individuals and abilities with consumer demand world wide and entice and retain professionals with robust management abilities, the corporate’s business, the utilization charge of the corporate’s professionals and the corporate’s outcomes of operations could also be materially adversely affected; the COVID-19 pandemic has impacted Accenture’s business and operations, and the extent to which it should proceed to take action and its impression on the corporate’s future monetary outcomes are unsure; the markets wherein Accenture operates are extremely aggressive, and Accenture may not be capable of compete successfully; Accenture’s means to draw and retain business and staff might rely upon its popularity within the market; if Accenture doesn’t efficiently handle and develop its relationships with key alliance companions or fails to anticipate and set up new alliances in new applied sciences, the corporate’s outcomes of operations may very well be adversely affected; Accenture’s profitability may materially undergo if the corporate is unable to acquire favorable pricing for its companies and options, if the corporate is unable to stay aggressive, if its cost-management methods are unsuccessful or if it experiences supply inefficiencies or fail to fulfill sure agreed-upon targets or particular service ranges; adjustments in Accenture’s stage of taxes, in addition to audits, investigations and tax proceedings, or adjustments in tax legal guidelines or of their interpretation or enforcement, may have a cloth hostile impact on the corporate’s efficient tax charge, outcomes of operations, money flows and monetary situation; Accenture’s outcomes of operations may very well be materially adversely affected by fluctuations in overseas forex trade charges; adjustments to accounting requirements or within the estimates and assumptions Accenture makes in reference to the preparation of its consolidated monetary statements may adversely have an effect on its monetary outcomes; Accenture could be unable to entry extra capital on favorable phrases or in any respect and if the corporate raises fairness capital, it could dilute its shareholders’ possession curiosity within the firm; because of Accenture’s geographically various operations and its progress technique to proceed to increase in its key markets world wide, the corporate is extra vulnerable to sure dangers; if Accenture is unable to handle the organizational challenges related to its measurement, the corporate could be unable to realize its business targets; Accenture may not achieve success at buying, investing in or integrating companies, getting into into joint ventures or divesting companies; Accenture’s business may very well be materially adversely affected if the corporate incurs authorized legal responsibility; Accenture’s world operations expose the corporate to quite a few and typically conflicting authorized and regulatory necessities; Accenture’s work with authorities shoppers exposes the corporate to extra dangers inherent within the authorities contracting atmosphere; if Accenture is unable to guard or implement its mental property rights or if Accenture’s companies or options infringe upon the mental property rights of others or the corporate loses its means to make the most of the mental property of others, its business may very well be adversely affected; Accenture’s outcomes of operations and share worth may very well be adversely affected whether it is unable to keep up efficient inside controls; Accenture could also be topic to criticism and destructive publicity associated to its incorporation in Ireland; in addition to the dangers, uncertainties and different elements mentioned below the “Risk Factors” heading in Accenture plc’s most up-to-date Annual Report on Form 10-Ok and different paperwork filed with or furnished to the Securities and Exchange Commission. Statements on this information launch communicate solely as of the date they had been made, and Accenture undertakes no obligation to replace any forward-looking statements made on this information launch or to adapt such statements to precise outcomes or adjustments in Accenture’s expectations.
About Accenture
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Contacts:
Petra Shuttlewood
Accenture
+44 7887 792214
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Alexander Aizenberg
Accenture
+1 917 452 9878
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