FY2025 was a year of deliberate action, grounded in a simple belief that building a responsible, resilient business is not a nice-to-have but the only way forward.
The biggest milestone of the year: our commitments to reach Net-Zero by 2050 across our supply chain were independently validated by the Science Based Targets initiative (SBTi). A clear signal that our decarbonisation roadmap has been scrutinised and confirmed as credible enough to hold us publicly accountable for meeting it.
BDO Belgium has committed to reaching net-zero greenhouse gas emissions across our value chain by FY2050, with interim targets to reduce absolute scope 1 and 2 emissions by 50% by FY2030, and scope 3 emissions per FTE by 51.6%, both relative to our FY2023 baseline.
In FY2025, our total carbon footprint stood at 11,645 t CO2e. Three quarters of our fleet is now electric, and we expect to reach 100% EV by early 2029 - a transition that has already driven a roughly 50% reduction in our scope 1 emissions year on year. Across all 14 of our Belgian offices, we run on 100% green electricity for owned facilities, with solar panels installed on owned buildings and ongoing engagement with landlords on leased sites.
Procurement is the next frontier. The majority of our emissions sit in scope 3, particularly in purchased goods and capital expenditures. That is why we have updated our procurement strategy to integrate ESG principles and due diligence, and introduced a supplier code of conduct setting out the minimum standards we expect from our partners on business conduct, human rights, and environmental impact.
The future is not about doing less. It is about doing different. And we are committed to getting it right.
Our more than 1,000 colleagues across Belgium are the foundation of everything we do. Our social responsibility is straightforward: offer them a workplace where they can grow, where their wellbeing is taken seriously, and where they genuinely feel they belong.
On learning and development, the numbers speak for themselves: 35,934 formal learning hours and 20,358 course enrolments in FY2025. Through our BDO Academy, the me@BDO framework and tailor-made career journeys, we are working towards an ambition of 80% of colleagues completing at least six days of formal learning per year by 2026. We are also actively investing in AI upskilling, equipping our people to work confidently in a rapidly evolving professional landscape.
On wellbeing, this year we introduced several new initiatives based directly on what our colleagues told us through our AI-driven continuous listening platform, Wenite. These include a dedicated learning journey on managing workload, a new partnership with BloomUp for evidence-based mental health support, and workplace Pilates sessions across multiple offices.
On inclusive diversity, we continue to embed our action plan across culture and processes, supported by external partner UPOP. Our three focus areas - Parents@BDO, Women@BDO and subcultures - each address specific barriers identified through internal research, exit interviews and engagement data. Progress is tracked through our inclusive diversity barometer and reported transparently.
Good governance is what turns ambition into accountability. At BDO, this means having the right structures, checks and behaviours in place. This is fundamental to how we operate as a trusted professional services firm.
In FY2025, we upgraded our ISO 27001 certification, reinforcing our commitment to protecting the data of our clients and colleagues. Our mandatory ethics e-learning programme covers 100% of functions at risk, addressing topics from conflicts of interest to anti-corruption and speaking-up culture. We recorded zero corruption incidents or violations of anti-bribery laws during the reporting year.
Beyond our own operations, we also help our clients navigate their sustainability journeys - through strategy, reporting, assurance and advisory services. Because we believe the transition to a more responsible economy requires the whole ecosystem to move forward, not just the companies that already have it figured out.
