Accenture Acquires Foremost Carbon Emissions and Weather Adjust Approach Consultancy Carbon Intelligence
Accenture Sustainability Solutions expands its exclusive capability to use engineering, science, knowledge, and economics to drive sustainable impact for clientele globally
LONDON Sept. 1, 2022 – Accenture (NYSE: ACN) has acquired Carbon Intelligence, a top carbon and local climate transform system consultancy, introducing extra than 160 experts to its swiftly rising group of info experts, consultants and sustainability professionals. Carbon Intelligence is centered on aiding world companies comprehend their general carbon footprints, and strategies to lessen them, applying Science Dependent Targets Initiative (SBTi) methods that guide to transformational rethinking of clients’ enterprise versions and worth chains.
Carbon Intelligence is Accenture’s fifth sustainability-centered acquisition in the previous year, which comes in addition to the company’s substantial growth of its world wide abilities through investing in its men and women and recruiting major expertise. Accenture carries on to spot at any time-better emphasis on sustainability by increasing abilities in sustainability approach, source chain transformation, and data-driven measurement of value and effect. Before this yr, Accenture acquired Greenfish in France, Belgium and the Netherlands, akzente in Germany, Avieco in the United kingdom and Zestgroup in the Netherlands.
“Carbon Intelligence expands our abilities in carbon technique and delivery, constructing on the insights of our just lately established world-wide carbon intelligence community,” claimed Peter Lacy, Accenture’s global Sustainability Solutions direct and main obligation officer. “We continue on deepening our world-wide capabilities in sustainability – one particular of the forces that businesses ought to harness to direct in the following decade – in spots that are crucial for the strength transition. Alongside this we are embedding 360-degree benefit for our stakeholders with our developing number of associates, venture investments and, most importantly, our consumers.”
Carbon Intelligence has aided numerous multinational businesses set science-primarily based decarbonisation targets and acquire measurable strategies to realize them, performing carefully with the SBTi. The company is a vital accredited companion to CDP (formerly the Carbon Disclosure Job) and on a regular basis recognised for its superior conventional of function in serving to shoppers measure and handle their emissions.
Jonathan Sykes, CEO, Carbon Intelligence mentioned: “The Carbon Intelligence crew is manufactured up of remarkable, passionate people today who are dedicated to driving authentic influence on local weather improve. We are excited to be becoming a member of Accenture, which will help us scale our capabilities and fulfil our mission to support corporations make a successful changeover to a reduced-carbon globe.”
The addition of Carbon Intelligence demonstrates Accenture’s ongoing determination to embed sustainability into every little thing the company does and with everyone it is effective with, at a time when rising regulation and new criteria are expanding the contact for precise information in sustainability choice-creating by customers across industries and about the environment. The capability to measure, interpret and act on carbon knowledge employing the really most current in analytics, synthetic intelligence and visualization systems has never been additional significant.
Toby Siddall, Accenture’s Sustainability lead in the British isles and Eire included: “Carbon Intelligence is an significant addition presented their primary capabilities in emissions measurement and management, and trustworthy data-centered insights to assistance shoppers in decarbonisation aims towards science-based targets. Together with Accenture’s potential to produce authentic transformation at scale, we will be able to accelerate accurate affect in reducing overall emissions with our customers and for the communities they serve.”
Conditions of the transaction have been not disclosed.
Ahead-On the lookout Statements
Apart from for the historical data and conversations contained herein, statements in this news release might represent ahead-hunting statements inside of the meaning of the Private Securities Litigation Reform Act of 1995. Text this sort of as “may,” “will,” “should,” “likely,” “anticipates,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates,” “positioned,” “outlook” and comparable expressions are utilised to establish these forward-seeking statements. These statements involve a range of dangers, uncertainties and other things that could induce precise effects to vary materially from people expressed or implied. These risks consist of, with out limitation, challenges that: the transaction could not realize the anticipated gains for Accenture Accenture’s outcomes of operations have been, and might in the long run be, adversely affected by risky, unfavorable or uncertain financial and political disorders, such as the invasion of Ukraine by Russia, the similar sanctions and other measures that have been and continue on to be imposed in reaction to this conflict, as properly as the present-day inflationary atmosphere, and the results of these conditions on the company’s clients’ enterprises and amounts of enterprise action Accenture faces lawful, reputational and financial dangers from any failure to secure customer and/or organization details from protection incidents or cyberattacks Accenture’s enterprise depends on building and maintaining ongoing, successful shopper need for the company’s companies and remedies which includes by way of the adaptation and enlargement of its expert services and alternatives in reaction to ongoing modifications in technologies and offerings, and a major reduction in these kinds of desire or an incapacity to reply to the evolving technological ecosystem could materially impact the company’s results of operations if Accenture is not able to match people today and abilities with shopper desire all around the planet and bring in and retain pros with powerful leadership skills, the company’s enterprise, the utilization fee of the company’s industry experts and the company’s outcomes of operations may possibly be materially adversely affected the COVID-19 pandemic has impacted Accenture’s organization and functions, and the extent to which it will go on to do so and its effect on the company’s potential economic final results are unsure the markets in which Accenture operates are very aggressive, and Accenture may possibly not be able to contend properly Accenture’s skill to draw in and keep enterprise and staff members might depend on its name in the marketplace if Accenture does not effectively control and develop its associations with important alliance partners or fails to anticipate and establish new alliances in new technologies, the company’s outcomes of operations could be adversely influenced Accenture’s profitability could materially go through if the company is unable to receive favorable pricing for its companies and alternatives, if the company is not able to stay competitive, if its expense-management techniques are unsuccessful or if it encounters supply inefficiencies or fail to fulfill certain agreed-on targets or certain service concentrations modifications in Accenture’s amount of taxes, as properly as audits, investigations and tax proceedings, or adjustments in tax legislation or in their interpretation or enforcement, could have a content adverse result on the company’s efficient tax amount, outcomes of operations, income flows and economic condition Accenture’s success of functions could be materially adversely impacted by fluctuations in foreign forex trade charges improvements to accounting expectations or in the estimates and assumptions Accenture can make in link with the preparation of its consolidated financial statements could adversely influence its money success Accenture may possibly be not able to accessibility further funds on favorable terms or at all and if the company raises equity money, it may perhaps dilute its shareholders’ ownership interest in the firm as a final result of Accenture’s geographically diverse operations and its advancement strategy to continue on to extend in its vital marketplaces all-around the world, the organization is more vulnerable to certain dangers if Accenture is not able to regulate the organizational problems related with its measurement, the enterprise may well be unable to obtain its business enterprise aims Accenture may not be effective at obtaining, investing in or integrating firms, getting into into joint ventures or divesting companies Accenture’s business could be materially adversely influenced if the corporation incurs lawful legal responsibility Accenture’s international functions expose the company to various and from time to time conflicting legal and regulatory demands Accenture’s function with governing administration customers exposes the enterprise to supplemental dangers inherent in the govt contracting ecosystem if Accenture is not able to safeguard or enforce its intellectual home legal rights or if Accenture’s solutions or options infringe on the intellectual assets legal rights of other people or the enterprise loses its means to utilize the intellectual assets of others, its enterprise could be adversely affected Accenture’s final results of functions and share selling price could be adversely affected if it is not able to manage helpful inner controls Accenture may possibly be subject to criticism and negative publicity similar to its incorporation in Ireland as effectively as the risks, uncertainties and other aspects discussed less than the “Risk Factors” heading in Accenture plc’s most modern Annual Report on Sort 10-K and other paperwork filed with or furnished to the Securities and Exchange Commission. Statements in this information launch communicate only as of the day they were being created, and Accenture undertakes no obligation to update any ahead-wanting statements manufactured in this news release or to conform such statements to true final results or improvements in Accenture’s expectations.
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