Bain 2022 TCFD recommendations

The Chief Sustainability Officer (CSO) leads the Global Sustainability function, manages the firm’s budget allocated to sustainability and emissions reduction efforts, oversees the company’s sustainability disclosure process, and drives major sustainability initiatives such as defining Bain’s emissions targets and transition plan and overseeing the implementation of the transition plan. [...] The GMP is informed of and monitors climate-related issues through the following processes: – The GMP closely tracks Bain's progress against client sustainability goals and leads client casework on sustainability topics – As the head of the Further practice, the GMP is closely connected with Bain's internal and external experts on climate – The GMP represents Bain externally in numerous forums on. [...] In 2022, Bain’s Sustainability practice, Further, published a comprehensive set of sustainability commitments and progress to date to reaffirm its commitment to building a sustainable and equitable future and conducted webinars to potential recruits to share its commitments and progress • Market risk is a short-term, medium-term, and long-term risk and one of the main risks Bain faces as a profess. [...] This risk is included in the risk framework related to Global Safety & Security, and the firm anticipates this risk will increase with rising temperatures • In the long term, Bain has identified several risks related to climate change with the potential to be substantial in the future. [...] The x-axis shows the “All Perils” Present Score and the y-axis shows the “All Perils” Change Score for each location, and the coloring shows the location’s “All Perils” Overall Score, which combines the present score and change score and benchmarks this value against a globally weighted average of the scores in populated areas.