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News Aug 24, 2023

Jacobs Joins The Climate Pledge

Jacobs has joined business initiative The Climate Pledge, reinforcing our commitment to achieving net zero greenhouse gas emissions across our value chain by 2040.

The Climate Pledge

Jacobs has joined business climate commitment The Climate Pledge, supporting efforts to catalyze a step-change in climate response ambitions for business.

The Climate Pledge was co-founded by Amazon and Global Optimism in 2019 and is a commitment by companies to reach net-zero carbon emissions by 2040 – a decade ahead of the Paris Agreement’s goal of 2050.

Signatories to The Climate Pledge also agree to:

  • Measure and report greenhouse gas emissions on a regular basis.
  • Implement decarbonization strategies in line with the Paris Agreement through real business changes and innovations, including efficiency improvements, renewable energy, materials reductions and other carbon emission elimination strategies.
  • Neutralize any remaining emissions with additional, quantifiable, real, permanent and socially-beneficial offsets to achieve net-zero annual carbon emissions by 2040 — a decade ahead of the Paris Agreement’s goal of 2050.

The Climate Pledge aligns with our own commitment to achieve net zero greenhouse gas emissions across our value chain by 2040. We’ve also committed to ensure every project becomes a climate response opportunity and contains an ESG scope by 2025 and to maintain carbon neutrality status and 100% low-carbon electricity for operations. In line with our values, we are also committed to doing all we can to accelerate a transition to net-zero that is equitable and just.

We already achieved our previous climate commitments in 2020, becoming carbon neutral for our operations and business travel and adopting 100% low-carbon electricity. In 2022, we also became the first professional consultancy and one of the world's first companies with net-zero targets approved by the Science Based Targets initiative (SBTi).

“Sustainability, resilience and climate response are at the heart of our company strategy, and our ongoing pursuit to tackle the greatest challenges of our clients and the world,” says Jacobs Senior Vice President for Office of Global Climate Response & ESG and Enterprise Risk Management Jan Walstrom. “Joining The Climate Pledge enables us to be part of a global business community sharing knowledge and best practice so that together we take collective action to respond to the climate challenge.”

Climate Response at Jacobs

It’s been 18 months since we elevated Climate Response as a growth accelerator within our Boldly Moving Forward strategy – aligning positive societal impact with long-term business growth, and delivering significant value for our clients through sustainable, integrated, end-to-end solutions for energy transition, decarbonization, adaptation and resilience and natural resource stewardship.

Since then, we made an inaugural offering under our newly published Sustainability-Linked Bond Framework, a key milestone in further incorporating sustainability into the company's financing strategy. The interest rates payable on the bonds are tied to Jacobs' commitment to increase gender diversity in leadership positions, and to reduce greenhouse gas emissions, each as described in the Framework.

We have also earned a place in the prestigious Dow Jones Sustainability World Index 2022 (DJSI) and a position in CDP's Climate A List for the first time. We also received a gold medal in the EcoVadis Sustainability Ratings, were recognized as a leading organization in the Wall Street Journal's 250 Best-Managed Companies of 2022 and won the World Environment Center’s Gold Medal Award.

Graphic of Jacobs' Climate Action Plan PDF

Learn more about climate response at Jacobs.

Read our climate action plan