Accenture Collaborates with Toshiba to Drive Green Transformation Across the Enterprise

Rhea-AI Summary

Accenture (NYSE: ACN) has teamed up with Toshiba to provide consulting services aimed at helping clients reduce greenhouse gas emissions. This collaboration targets high-emission industries and focuses on developing sustainability services and strategies for carbon neutrality. Toshiba aims for carbon neutrality across its value chain by 2050 and plans to cut greenhouse gas emissions by 70% from 2019 levels by 2030. Combined efforts will offer vendor-neutral solutions supporting clients’ emission reduction goals.

Positive

• Collaboration with Toshiba focuses on high-emission industries, enhancing consulting service offerings.
• Toshiba aims for 70% reduction in greenhouse gas emissions by 2030, promoting a robust sustainability focus.

Negative

• None.

The teaming will help clients achieve greenhouse gas reduction goals, initially focusing on consulting services

TOKYO--(BUSINESS WIRE)-- Accenture (NYSE: ACN) is collaborating with Toshiba (OTCMKTS: TOSYY) to provide consulting services to support green transformation (GX) efforts of the companies’ clients. The collaboration will target industries with high greenhouse gas emissions and other organizations with urgent needs to improve energy efficiency.

Accenture will work with Toshiba to design and develop new sustainability services to drive emission reductions, in addition to strategies and solutions for carbon neutrality. Accenture will leverage its experience developing circular-economy business models and implementing sustainable supply chain processes, such as green procurement, as well as using cloud and other technology solutions from its partner ecosystem.

Toshiba brings with it a robust stable of existing carbon-neutrality technologies and services to the collaboration, including renewable energy systems, digital energy management systems, renewable energy-derived hydrogen solutions, and carbon dioxide capture and recovery facilities.

Toshiba is aiming to achieve carbon neutrality throughout its entire value chain by fiscal 2050. It has set a preliminary goal for fiscal 2030 of cutting greenhouse gas emissions by 70% from fiscal 2019 levels.

The combination of Toshiba’s methods to reduce greenhouse gas emissions and Accenture’s expertise and capabilities in sustainability will result in vendor-neutral offerings to support clients’ emission reduction priorities. Accenture and Toshiba will evolve and refine their green transformation business model based on market trends and client needs.

Goro Yanase, representative executive officer, corporate senior executive vice president and COO at Toshiba said, “We are pleased to launch GX consulting services with Accenture. Toshiba Group provides technologies and services that contribute to solving social issues through our wide range of businesses, guided by our basic commitment — Committed to People, Committed to the Future. We are now building on this by developing capabilities and solutions that will contribute to the realization of carbon neutrality and a circular economy. Working with Accenture, we hope to further expand our business and contribute to the realization of a carbon neutral society by providing consulting services that support companies with proposals extending from planning through to the achievement of carbon neutrality goals.”

Shinji Igarashi, senior managing director at Accenture in Japan, said, “Our work with Toshiba demonstrates our commitment to embed sustainability into everything we do. We are focused on helping companies create business value and also reduce their carbon footprint.”

About Accenture

Accenture is a global professional services company with leading capabilities in digital, cloud and security. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Technology and Operations services and Accenture Song — all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 721,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities. Visit us at www.accenture.com.

Copyright © 2022 Accenture. All rights reserved. Accenture and its logo are registered trademarks of Accenture.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220926005556/en/

Shigeo Masuda

Accenture Japan

+81 45 330 7157

accenture.jp.media@accenture.com

Source: Accenture

FAQ

What is the collaboration between Accenture and Toshiba about?

Accenture and Toshiba are collaborating to provide consulting services to help clients achieve greenhouse gas reduction goals.

What are Toshiba's greenhouse gas reduction goals?

Toshiba aims for a 70% reduction in greenhouse gas emissions by fiscal 2030 and carbon neutrality by fiscal 2050.

How will Accenture utilize its expertise in the partnership with Toshiba?

Accenture will leverage its experience in sustainability and circular-economy models to support emission reduction strategies.

Which industries are targeted by the Accenture and Toshiba collaboration?

The collaboration initially targets industries with high greenhouse gas emissions.

What technologies does Toshiba bring to the collaboration with Accenture?

Toshiba brings carbon-neutrality technologies, including renewable energy systems and carbon dioxide capture facilities.