Accenture (NYSE: ACN) Sustainability Services has expanded its suite of technology, science, data, and economics solutions with the purchase of Climate Intelligence.
Accenture’s latest purchase brings its 2022 acquisitions to five.
The acquisition spree highlights the focus on providing climate change and carbon solutions to the corporate world.
Expertise in understanding carbon and climate data, along with the ability to visualise insight, is becoming business critical.
Accenture has acquired Carbon Intelligence, adding more than 160 professionals to its rapidly growing group of data scientists, consultants and sustainability experts.
Carbon Intelligence is focused on helping global businesses understand their overall carbon footprints, and ways to reduce them, using Science Based Targets Initiative (SBTi) strategies that lead to transformational rethinking of clients’ business models and value chains.
Accenture is focused on building out its sustainability offering
Carbon Intelligence is Accenture’s fifth sustainability-focused acquisition in the last year, which comes in addition to the company’s significant expansion of its global capabilities through investing in its people and recruiting top talent.
Carbon Intelligence has helped numerous multinational companies set science-based decarbonisation targets and develop measurable strategies to achieve them, working closely with the SBTi. The company is a key accredited partner to CDP (formerly the Carbon Disclosure Project) and regularly recognised for its high standard of work in helping clients measure and manage their emissions.
Jonathan Sykes, CEO, Carbon Intelligence said: “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.”
Accenture’s sustainability commitment
Accenture says that it is continuing to place ever-greater emphasis on sustainability by expanding its capabilities in sustainability strategy, supply chain transformation, and data-driven measurement of value and impact.
Peter Lacy, Accenture’s global Sustainability Services lead and chief responsibility officer said: “Carbon Intelligence expands our expertise in carbon strategy and delivery, building on the insights of our recently created global carbon intelligence network. 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.”
He said the addition of Carbon Intelligence demonstrates Accenture’s ongoing commitment to embed sustainability into everything the company does and with everyone it works with, at a time when increasing regulation and new standards are expanding the call for accurate data in sustainability decision-making by clients across industries and around the world. The ability to measure, interpret and act on carbon data using the very latest in analytics, artificial intelligence and visualisation technologies has never been more critical.