Global leaders gathered at COP29 in Baku, Azerbaijan, to drive the conversation and compel action around climate action, sustainability targets, and the energy transition.
Each year, the UN convenes a Conference of Parties (COP), bringing together public and private sector leaders to catalyze action and deliver climate progress. From November 11 to November 22, the COP Presidency of Azerbaijan hosted COP29 in Baku, with a program focused on advancing the targets set forth in the Paris Agreement and designing an inclusive energy transition.
Every COP represents a critical moment in international progress and cooperation—an opportunity to align and forge collective action around a shared purpose. But each also acts as a reminder that time is running out to combat the worst effects of climate change. The objective of COP29 was focusing on the need to “invest today to save tomorrow.”
In Baku, BCG’s delegation convened clients across industries to explore pathways for green growth, reducing climate risks, and accelerating decarbonization. Our engagements at COP29 reinforced that, while much work remains—especially in delivering government-level cooperation worldwide-public and private sector organizations play a pivotal role in aligning net-zero goals with value creation to drive impactful progress.
At BCG, we remain committed to partnering with the most impactful institutions around the globe to drive impact on the issues that will be front and center at COP29. Our expertise includes:
BCG is committed to helping organizations unlock climate financing and innovation by mobilizing funding across the investment and venture ecosystem.
Leaders’ hesitation to incur the upfront costs of mitigation and adaptation has slowed the collective response to climate change. But what are the economic implications of inaction?
Our white paper—a collaboration with Howden and the conference’s High-Level Champions—illustrates the industry’s role through real-world examples in financial risk reduction, capital mobilization, operational performance optimization, and policy implementation.
Companies need a holistic strategy to coordinate requirements, clearly define responsibilities, and effectively use advanced technologies.
Optimizing networks requires balancing five key objectives that address traditional issues of cost, service, and growth as well as a new focus on sustainability and resilience.
We help leaders build more sustainable organizations and deliver greener impact. Our experts help legacy companies drive innovation at the core, ensuring that they are able to deliver financial returns and positive societal impact. We also work closely with emerging businesses to scale innovation and achieve lasting competitive advantage.
There’s a major value-creation opportunity in building green businesses, but many complexities stand in the way. Here’s how CEOs can seize the opportunity.
BCG’s Green Growth Accelerator partners with clients across industries and sectors—including energy, textiles, fast-moving consumer goods, transportation, and more—to drive climate innovation, unlock opportunities for growth, generate new revenue streams, and create lasting competitive advantage.
This year’s report reflects data from over 6,000 PE-backed companies, offering new insights on how sustainability in the private markets has evolved over the last year.
BCG combines a deep expertise in energy, climate, and social impact to bring innovative and inclusive solutions to the energy transition. We work closely with clients to lower their emissions footprint, ensuring that they are ready to build—and operate in—a more sustainable world.
A clear framework outlines mechanisms and pathways that unlock more capital to ensure the climate transition is not only green but also equitable.
Companies that abate their methane emissions early can gain a significant competitive advantage. We’ve identified six steps that can ensure the abatement journey is a success.
These aren’t traditional capital projects—so, to succeed, companies need to deploy new collaborative approaches, capabilities, and tools.
Four major barriers stand between emerging climate technologies and adoption at scale. Here’s how earlier pioneering technologies—wind, CCGT, renewables, LNG, and solar—overcame them.
While emerging technologies offer corporations and governments a much-needed edge in the fight against climate change, because of their energy intensity, they must be deployed thoughtfully. Our experts help organizations harness AI, climatech, and other powerful capabilities efficiently and sustainably, without exacerbating the issues they are trying to solve. Used strategically, these tools will help our most important institutions reduce emissions, speed the energy transition, and unlock value.
To make AI and other transformative technologies broadly accessible and avoid missteps, the private sector must double down on collaboration.
Our fourth annual survey on carbon emissions found that the overall pace of decarbonization has slowed—but that leaders are realizing significant financial value.
Using an integrated approach and granular understanding of customer needs, companies can harness deep tech and radical innovation to reinvent products that overcome barriers to sustainable choices.
AI development is fueling a surge in energy demand, threatening net zero commitments. By working together, CEOs across industries can keep both transformations on track.
Ultimately, decarbonized products won’t cost consumers a big premium. But getting there won’t be cheap or easy, explains BCG’s Rich Lesser.
Dow’s Jim Fitterling discusses the role of new markets, collaboration, and innovation in driving technological advances and speeding up climate action.
Alex Amouyel discusses how Newman's Own Foundation directs all profits to support children’s programs, donating to initiatives that nourish and uplift kids facing adversity.
The private sector’s scale and reach make it a valued partner in disaster response and other humanitarian efforts, says BCG’s David Young.
