Bain & Company announced a global strategic alliance with Schneider Electric, a leading worldwide sustainability and engineering consulting firm focused on energy management and carbon emissions reduction.
Over the next 25 years, more than 4,000 businesses have committed to meeting science-based carbon reduction targets. However, many of these businesses need help completing these targets. Companies must also act quickly because investors are putting more pressure on them, and laws governing emissions, climate risk, and transparency are becoming more stringent.
The collaboration follows several highly successful partnerships between the two companies that demonstrated how their combined expertise could help clients.
“At Bain & Company, we are constantly enhancing the breadth and depth of our capabilities and expertise to help our clients accomplish their ESG goals and secure the greatest potential and value from their decarbonisation and energy efficiency journeys. Our partnership with Schneider Electric will be a critical accelerator of our ambition in this arena, providing us with a key partner as we work with leading companies to forge a more sustainable and profitable future for their businesses, investors, and communities,” said Hernan Saenz, partner and leader of Bain’s Global Performance Improvement practice.
“The global demand for corporate decarbonisation has accelerated rapidly, driving new pressures on companies to make meaningful progress on energy efficiency, renewable energy procurement, and electrification,” said Steve Wilhite, President of Schneider Electric’s global Sustainability Business. “Our partnership with Bain & Company will help our clients with decarbonisation and the energy transition, making them more resilient and getting results faster.”