Environmental, Social & Governance

BCG Launches its Global Hub for Climate & Sustainability for the GCC

The new BCG Climate & Sustainability Hub will contribute to accelerated decarbonization

Shabbir Khan, SME News Service

Boston Consulting Group (BCG), the global management consulting firm, has launched its Global Climate & Sustainability Hub in the GCC region.

The announcement was made at the BCG Middle East Climate & Sustainability Impact Summit in the presence of a select group of leaders, key decision-makers, and industry experts.

The new BCG Climate & Sustainability Hub will aggregate expertise at a cross-industry level in sectors such as energy, and digital innovation, to contribute to accelerated decarbonization and greater circularity that support business and government ambitions.

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H.E. Mariam bint Mohammed Almheiri, Minister of Climate Change and Environment of the United Arab Emirates, said: “As the host of COP28 next year, the UAE has an opportunity to not only drive climate action at home but also to set an example and inspire the world.

"To achieve our goals, we are developing a detailed net zero by 2050 strategy, which includes a long-term roadmap and near-term actions. This is a complex endeavor, so we have convened a broad set of stakeholders, covering all emirates and sectors.”

While Shelly Trench, Global Climate & Sustainability Strategy Lead, Managing Director & Partner, BCG, commented:

“With abundant renewable resources, deep technological know-how, and a drive to innovate, the region has the opportunity to take targeted actions to address the global climate crisis and improve Middle East sustainability.

The BCG Climate & Sustainability Hub will develop strategies to reach net zero emissions, work with corporate clients over energy, industrial goods, and travel and tourism sectors and will help deploy initiatives that reduce regional and global carbon footprint.

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