Bain & Company, a leading global management consulting firm, announced a strategic partnership with Terralytiq, a supply chain decarbonization intelligence solutions provider with a mission to reduce one billion tons of industry emissions by 2030. The partnership pairs Bain’s deep industry expertise in strategic advisory and business transformation with Terralytiq’s ability to deliver advanced decarbonization analytics, as companies around the world contend with how to lower emissions, particularly Scope 3, and achieve 2030 near-term targets. Together, Bain and Terralytiq will jointly support clients and co-develop a set of enhanced offerings backed by Terralytiq’s AI-driven Scope 3 intelligence platform and decarbonization copilot. This will provide companies with the capabilities needed to identify emissions reductions at a granular level, create supplier- and facility-specific product carbon footprints based on procurement data, and automate supplier outreach and eliminate months of manual data collection, reducing the time needed between planning and execution. Torsten Lichtenau, senior partner and global head of Bain & Company’s Climate Change and Decarbonization solution. “Scope 3 emissions are notoriously difficult to both measure and abate. This strategic partnership will give our clients access to enhanced analytics tracking capabilities backed by Bain proprietary benchmarks and strategic insight, turning raw data into board-ready cases aimed at informing business leaders who are working to crack Scope 3 and beyond.” “Early adopters of our solutions have been known to cut Scope 3 data-collection time by up to 70% while identifying multimillion-dollar cost and risk savings,” said Alexander Pfeiffer, co-founder & CEO at Terralytiq.