Accenture plc (Accenture) is engaged in providing management consulting, technology and outsourcing services. The company’s segments include Communications, Media & Technology, Financial Services, Health & Public Service, and Products and Resources.
Accenture employs a three-fold environmental strategy to reduce its operational footprint: limiting direct emissions through technological innovations in energy efficiency, particularly through LEED design in several facilities and its ISO 14001 certified environmental management system; utilizing renewable energy sources; and avoiding air travel when feasible through the use of virtual collaboration tools. All of these initiatives serve to aid Accenture in accomplishing its 2020 carbon intensity reduction and energy efficiency goals (50% and 30%, respectively). Furthermore, the company has become increasingly engaged in researching and advocating for climate solutions and has even begun expanding its business to include energy, climate adaptation and smart grid advisory services. In terms of its global workforce, Accenture offers share ownership plans, profit sharing and discretionary bonuses as well as strong parental benefits. The company also has solid professional and leadership development programs in place to further enhance the skills of its team. Lastly, Accenture has strong data privacy and security measures in place with robust oversight mechanisms and formal certifications such as ISO 27001.
Accenture’s governance practices raise several areas of concern. The company’s board includes several long-serving members and the company has received scrutiny for its executive compensation practices.
Industry: Information Technology
To the best of our knowledge the above information is accurate and was obtained from sources we believe to be reliable. Neither the information presented above nor any opinion expressed shall be construed as an offer to sell or a solicitation to buy the security. The views expressed are those of portfolio management as of 12/31/2016 and may not reflect current opinions or subsequent events.