Sustainability at BDO Luxembourg

At BDO in Luxembourg, we try to make sure we “walk the talk” when it comes to ESG and see the transition towards a more sustainable future not only as a necessary step but as an opportunity for us and for our clients. 

Sustainability across environment, social impact and governance has always been deeply rooted in our values. Our organisation operates in a way that aims to minimise its environmental impact and support the wellbeing and professional growth of its current and future employees. We make a positive contribution to the communities we engage with and have a well-embedded corporate culture underpinned by our values of Honesty, Integrity, Quality, Respect and Responsability. We set ourselves high internal ethical and compliance standards, while our pro-active approach to the management of risk and opportunity lies at the heart of our governance structure.  

But we know we need to do more. The next step on our Firm’s sustainability journey will focus on bringing these pillars together into a formal ESG structure. This process is already underway with the initiation of an extensive double-materiality assessment to help us identify those areas where we can have the biggest possible impact. Outputs from this exercise will enable the development of a holistic and targeted strategy, alongside the mechanisms required to ensure effectiveness and accountability. 

As part of this, the firm is also committed to achieving Net Zero emissions by 2050 through its membership of the Net-Zero Financial Service providers Alliance (NZFSPA) and is due to submit its emission reduction targets for verification to the SBTi by the end of 2024. The establishment of these targets will take place alongside the development a comprehensive emissions reduction plan.