Split (1)

train · 13.8M rows

sentence stringlengths 1 23.5k ⌀
The process to set our net-zero commitment has included: — Assessing the risks and costs, as well as the feasibility and benefits, of a long list of options to reduce our GHG emissions — Conducting interviews with FTI Consulting employees and partners responsible for current GHG emissions calculations and disclosure — ...
In late Consulting segment in Asia, called APAC, was engaged on a pro bono basis by a top-tier law firm on behalf of ICMEC for their expertise in financial crime and compliance.
A team of professionals advised and assisted in developing a toolkit on how financial institutions (“FI”) might structure their compliance programs to detect and prevent suspicious activities.
With online sexual exploitation of children rising, early detection and prevention of suspicious activities are considered essential.
Monitoring and tracking suspicious financial behavior might provide insight into sources of child exploitation.
Banks and FIs have an opportunity to form compliance programs that address this directly.
OUR IMPACT FTI Consulting played an instrumental role in raising awareness amongst banks and FIs about child exploitation and typology-driven data analytics.
The team’s final deliverable included risk management guidance and educational tools for law firms, which banks and FIs can rely on to identify and report transactional activity indicative of child exploitation.
FTI Consulting also provided subject-matter expertise to educate professionals from ICMEC and law firms by helping to develop materials for antimoney laundering (“AML”), investigations and AML data analytics teams.
team, covering: — Mechanics of payment flows, as well as transaction monitoring and reporting by FIs — Differences between monitoring by “core” retail banks and other payment intermediaries and difficulties that may arise as a result — Areas of weakness in FIs’ identification and reporting of issues and interaction wit...
The team also conducted outreach to banks and FIs to understand their risk management practices around monitoring child exploitation in their respective institutions to inform the final deliverable that helped inform the client.
2 National Center for Missing & Exploited Children, Our 2021 Impact: https://www.missingkids.org/content/ncmec/en/ourwork/impact.html “Over the last two years, ICMEC has benefited greatly from the knowledge and expertise of the FTI Consulting team in Hong Kong in our effort to counter the scourge of commercial child se...
In particular, the team’s experienced approach to risk and compliance added real value with substantive content and nuance going into the development of the Financial Industry’s Child Protection Toolkit 101.
We could not have expected more from a partner and are truly grateful.
Guided by our corporate values and our Environmental Responsibility & Climate Change Disclosure Policy, FTI Consulting regularly seeks to promote environmental sustainability.
As a firm, we aim to bring about a continual improvement in our environmental performance, including the prevention of environmental pollution and the conservation of natural resources.
This commitment spans our entire firm, with each employee having an important role to play as responsible corporate citizens.
In our inaugural Corporate Sustainability Report, FTI Consulting committed to reaching net-zero GHG emissions by 2030.
This year, we are pleased to outline the firm’s GHG emissions reduction targets for our Scope business travel on our journey to net-zero.
Our commitment as an environmental steward extends beyond our operations as we engage with clients in developing and implementing their ESG programs and GHG emission reduction strategies.
Our cross-segment ESG & Sustainability services support clients at all stages of their sustainability journey from assessment and strategy development to implementation, messaging and stakeholder engagement.
Through our own efforts and the advisory services we provide to our clients, we are collectively focused on contributing to a low-carbon future.
The ongoing consequences of climate change, such as extreme weather events and biodiversity loss, are made more apparent every year.
FTI Consulting believes that climate change is one of the most significant challenges of our time.
FTI Consulting and its professionals are committed to doing our part in addressing climate change and reducing our emissions intensity as we grow.
Bristow Group Inc. (“Bristow”) is the leading global provider of innovative and sustainable vertical flight solutions.
As a publicly traded company, Bristow wanted to illustrate its ongoing efforts to increase inclusivity and responsible environmental stewardship through its first-ever program implementation and sustainability report.
Bristow engaged FTI Consulting to create a road map that details the company’s plan for long-term sustainability strategy implementation, assess its sustainability data for accuracy and completeness, conceptualize its inaugural sustainability report and prepare the report for public release.
The comprehensive ESG services provided by FTI Consulting allowed Bristow’s management team to anticipate and navigate potential ESG challenges and opportunities in order to position the company as a sustainability leader in vertical flight.
Bristow’s inaugural sustainability report, the first of its kind for public companies in the vertical lift industry, articulated the company’s commitment to formally embedding sustainability throughout its global operations and corporate business strategy.
The report was well-received by investors, partners, employees and customers for how it highlighted Bristow’s role as a global leader in sustainability.
FTI Consulting’s data mapping analysis helped Bristow identify material ESG data points and assess them for transparency, accuracy and ownership.
We believe this exercise was critical for the company’s future ESG disclosures and alignment with potential SEC regulation regarding data attestation.
We’re proud of the progress we’ve made on our sustainability journey to date and remain steadfast in our commitment to continue evolving our sustainability efforts.
To that end, we have set forward-looking targets toward our ambition of reaching net-zero emissions by 2030.
FTI Consulting is committed to the following reductions against our — Reducing our Scope 1 emissions by 50% — Reducing our Scope 2 emissions by 50% per employee, including contractors* — Reducing our Scope 3 emissions from business travel by 50% per employee, including contractors* Furthermore, prior to publishing this...
FTI Consulting views environmental sustainability as a continuous journey where we aim to foster sustainable business practices and do our part to address climate change while continuing to serve as a trusted advisor for our clients and an employer of choice for our professionals.
We have made significant progress since embarking on this journey.
This progress is evident in the transformation of our real estate footprint; the disclosure and reduction of our Scope emissions by 2030.
(or equivalent) buildings * “Per employee” refers to FTI Consulting’s total headcount as reported in our Form 10-K as of December 31 of each calendar year, and contractors as of December 31 of each calendar year.
— The Nominating, Corporate Governance and Social Responsibility Committee is responsible for overseeing ESG-related risks and opportunities, including climate change.
— The Audit Committee is responsible for overseeing ESG-related matters that may have a material effect on our financial results as part of its review of our enterprise risk profile, including climate change.
FTI Consulting’s Chief Human Resources Officer and Chief Strategy & Transformation Officer are responsible for reporting on ESG initiatives and progress to the Nominating, Corporate Governance and Social Responsibility Committee of the Board annually and as requested.
These updates include progress on priorities, initiatives and goals for the short and long term.
Our Chief Risk and Compliance Officer reports quarterly on risk-related issues to the Audit Committee, which may include ESG-related risks such as climate change.
Our Executive Committee serves the company in its efforts to assess and manage ESG-related risks and opportunities, which are discussed during quarterly strategy reviews with FTI Consulting’s President and Chief Executive Officer, as appropriate.
Additionally, our Investor Relations team proactively engages our shareholders in ESG-focused discussions twice a year.
This feedback is shared with the Board of Directors and serves as a forum to better understand our shareholders’ priorities and expectations.
In to address ESG topics and climate change.
The Committee is a cross-functional team composed of leadership from key functions within the company and is chaired by our Chief Human Resources Officer.
Strategy FTI Consulting regularly seeks to promote environmental sustainability, conserve and enhance natural resources, and prevent environmental pollution.
We seek to be proactive and strategic in managing our environmental impact and related GHG emissions, where feasible.
As a professional services firm, we do not manufacture or distribute physical products, which results in a relatively small environmental footprint compared with most industries.
Nonetheless, the company makes continued efforts to reduce the intensity of its environmental impact through the implementation of an Environmental Plan, which sets out a range of objectives and targets related to its impact on the environment.
The company’s Environmental Plan focuses on the areas of highest impact for our business, including: Real Estate FTI Consulting is focused on occupying building locations that are LEED-certified (or local equivalent), implementing energy and water efficient designs for new office build-outs, utilizing materials that me...
Energy FTI Consulting is committed to reducing energy consumption per employee, particularly from non-renewable sources, and is increasingly exploring opportunities for renewable sources of energy.
For new offices, we expect to incorporate minimum energy efficiency requirements and sub-metering to closely monitor consumption and implement conservation measures where identified.
Waste FTI Consulting is focused on reducing our environmental impact per employee by minimizing the creation of waste, implementing waste diversion practices and participating in recycling programs.
Travel Recognizing that travel is a necessary part of conducting business, FTI Consulting seeks to proactively monitor our GHG emissions per employee related to air, rail, car and hotels.
We have also implemented travel policies designed to promote travel options that result in lower emissions.
As set out in our Environmental Responsibility & Climate Change Disclosure Policy, FTI Consulting seeks to promote environmental sustainability, to conserve and enhance natural resources and to minimize environmental pollution.
Underpinned by our Environmental Responsibility & Climate Change Disclosure Policy and the firm’s broader approach to risk management, FTI Consulting has processes in place designed to closely monitor the potential impact of climate change, both within our own operations and the potential impact on our clients’ industr...
As a professional services company, FTI Consulting does not operate facilities that generate high emissions, create hazardous waste or consume high volumes of water.
However, as a global company, we are subject to environmental and climate-related risks.
Assessed over our categorized time frames, FTI Consulting has identified the following as examples of climate risks that could potentially impact our business: — Physical Risks: We occupy more than 100 offices located across 30 countries*.
All our offices are leased from third parties.
Nevertheless, we have exposure to chronic physical risks associated with climate change, e.g., rising temperatures, severe storms, energy disruptions and rising sea levels, which could impair our ability to conduct operations from an adversely impacted location or otherwise harm our people, property and equipment.
Acute risks do not impact FTI Consulting on a frequent basis, but natural disasters and other extreme events may interrupt our ability to effectively maintain client service, notably the continuity of our Information Technology (“IT”) systems.
Our IT systems and infrastructure have been architected to mitigate this risk where applicable.
This includes failover provisions for continued technological functionality and access to data.
FTI Consulting also utilizes several remote working technologies, such as a virtual desktop environment, virtual private networks and cloud-based services.
Our Real Estate team is responsible for monitoring potential long-term physical risks when making decisions related to our facilities.
— Current and Emerging Regulation: FTI Consulting’s Code of Conduct and Business Ethics states that we seek to comply with all laws and regulations.
In order to comply with the Code, FTI Consulting’s management team monitors regulations in the jurisdictions where we do business.
In addition to directly tracking legal developments across the globe, we receive frequent updates from our outside law firm partners and insurance companies, among others.
We understand that climaterelated regulation is an emerging space, and many countries are in different stages.
The fast pace of change can pose compliance challenges, and FTI Consulting endeavors to stay abreast of regulatory developments across the world to support compliance.
— Technology Risks: FTI Consulting’s primary environmental impact relates to the company’s business travel.
As a result, the use of technology is a crucial component of our strategy to reduce our impact on the environment while continuing to serve as a trusted advisor for our clients.
Our professionals rely on the technology used throughout our business to engage with clients, and technological disruptions or other issues can potentially inhibit our professional’s ability to serve as a trusted advisor.
Recognizing the importance of technology for our business, we have worked to make our systems reliable and resilient.
We systematically reduced business travel by introducing desktop videoconferencing, which was initiated in work responses.
— Market Risks: To drive and protect shareholder value, it is critical for FTI Consulting to understand and consider evolving market expectations.
At a macro level, we do not operate in a high-emissions industry so our operations are typically less affected by pertinent market shifts.
be indirectly affected by the costs for energy offsets, the availability of renewable energy sources or the availability of sustainable travel options.
— Reputational Risks: We compete primarily on the basis of our breadth of services, our geographic reach, the quality of our work and the expertise of our professionals.
Therefore, mitigating reputational risk is critically important to our brand and commercial viability as it influences our ability to attract and retain leading people and clientele.
We also consider reputational risk as it relates to our client selection process.
OPPORTUNITIES In determining opportunities, FTI Consulting routinely assesses our own strategy and policies to minimize our environmental impact.
We are uniquely positioned to not only identify sustainability opportunities for our own company but also to play a critical role in guiding our clients through the various stages of their own sustainability journeys.
Operational and commercial opportunities are regularly considered by our Executive Committee.
Operational Opportunities: FTI Consulting continues to review opportunities to reduce our environmental impact per employee by identifying sustainable policies and actions to deliver sustainable value to our stakeholders.
Largely, we have focused our strategies on reducing our per capita environmental impact (e.g., energy, carbon, waste) through the reduction of square footage per employee, which reduces environmental impact per employee as a result of less space occupied.
FTI Consulting is working to divest of owned vehicles and generators, which should eliminate the marginal amount of our remaining Scope 1 emissions.
For our Scope intend to continue focusing on maximizing the efficiency of our office square footage per employee, investing in new technology that promotes energy efficiency and exploring renewable energy opportunities with our buildings’ landlords.
For Scope from business travel, we intend to work with our employees to reduce GHG emissions from travel, such as encouraging employees to conduct client engagements virtually when possible.
Additionally, we are reviewing and updating our travel policy to become more intentional and focused on the reduction of business travel (e.g., flight segments) where possible. — Reducing Operational Consumption: Since reduced our total energy consumption by 29% across our portfolio.
In our largest offices, we conduct annual energy audits in order to identify opportunities for energy conservation projects.
Furthermore, our hybrid work model has supported the firm in reducing our consumption of energy and resources.
In model, where employees reserve workspaces when they come into the office.

Subsets and Splits

No community queries yet

The top public SQL queries from the community will appear here once available.