Boston Consulting Group

In 1963, Bruce D. Henderson founded the Boston Consulting Group (BCG) in Boston, Massachusetts. The company was established as a management consulting firm aiming to help organizations address complex business problems with innovative, strategic solutions. Over the years, BCG has become one of the most prestigious consulting firms globally, known for its analytical approach and expertise in business strategy.

BCG introduced the Growth Share Matrix in 1973, a critical model for corporate resource allocation that categorized business units into one of four categories based on market growth and market share. Known as "Stars," "Cash Cows," "Question Marks," and "Dogs," this model became a staple in strategic business planning, offering a clear framework for thinking about the potential and priority of different business units.

In 1997, BCG published its first extensive report on climate change, significantly ahead of many of its competitors in recognizing the critical impacts that environmental issues would have on business and society. This report demonstrated BCG's commitment to addressing global challenges and providing strategic guidance to clients around sustainability and the potential impacts of climate change.

By 2007, BCG had significantly expanded its presence globally, opening more offices across Europe, Asia, and the Americas. This expansion was part of a strategy to better serve multinational clients and understand local markets deeply. BCG's growth underscored its leadership in the global market and its commitment to delivering insights and services at a regional level in these key areas.

In 2013, BCG celebrated its 50th anniversary, marking half a century since its founding. This milestone highlighted the firm's enduring impact on the field of management consulting and its role in shaping strategic business insights and innovations over the decades. BCG's anniversary was also a time to reflect on its growth from a small firm to a global leader in consulting.

In November 2015, BCG launched BCG Digital Ventures, a consultancy that focuses on helping companies innovate by leveraging technology and digital transformation. This initiative was designed to address the rapidly changing digital landscape and assist clients in developing new products, platforms, and digital ecosystems. BCG's expertise in aligning business strategy with digital implementation became a distinctive offering.

In 2018, BCG was ranked as the number one firm in Consulting Magazine's "Best Firms to Work For.” This accolade recognized BCG's commitment to not only outstanding service to its clients but also creating a positive and rewarding workplace for its employees. This recognition was based on criteria that emphasize career development, work-life balance, and compensation, among other factors.

On April 20, 2020, BCG committed to reaching net-zero climate impact by 2030, becoming one of the first major consulting firms to establish such an ambitious environmental goal. This pledge involved reducing direct emissions and incorporating sustainability into their consulting work, reflecting BCG's ongoing dedication to leadership in global sustainability and climate action.

BCG partnered with COP26 in 2021 to provide expertise in sustainability strategy and climate change solutions for the UN Climate Conference. As the exclusive consulting partner, BCG played a crucial role in supporting the conference's goals of accelerating action towards the Paris Agreement and the UN Framework Convention on Climate Change. This partnership exemplifies BCG’s commitment to sustainability leadership on the world stage.

On July 15, 2022, BCG acquired Quantis, a leading environmental sustainability consultancy. This acquisition aimed to enhance BCG's capabilities in providing clients with data-driven insights and comprehensive strategies to meet sustainability challenges. Quantis's expertise strengthened BCG's leadership position in the realm of environmental impact consulting and furthered its commitment to a sustainable future.