Carbone 4 expands presence into Luxembourg

Carbone 4, a French independent consulting firm that supports the transformation of organizations towards decarbonization, climate change adaptation, and biodiversity preservation, is expanding internationally with the opening of its first office in the Grand Duchy of Luxembourg.

Founded in 2007 and led by Jean-Marc Jancovici, Laurent Morel, and Alain Grandjean, Carbone 4 employs nearly 200 consultants and has more than 800 client references. With its consulting activities for organizations, data analysis and development of tailored methodologies for financial institutions, Carbone 4 has completed more than 3,000 projects worldwide. Its mission: to facilitate the understanding of ecological challenges and to mobilize key players by guiding them towards decarbonization, climate change adaptation, and biodiversity restoration.

Carbone 4 is already working with several Luxembourgish stakeholders, including the House of Sustainability and Inspiring More Sustainability (IMS), as well as several Luxembourg-based companies. By establishing a local presence in Luxembourg, Carbone 4 is concretizing its commitment and expertise to supporting the country’s economic and financial actors.  

Christina Stuart, Manager of the Carbone 4 office in Luxembourg, states: "The Luxembourg market stands out both for the dynamism of its ecosystem, particularly in finance, and for its interdependencies with neighboring countries and its central role within the European Union. However, there is still progress to be made in achieving national decarbonization goals. With a direct presence in Luxembourg, Carbone 4 aims to play a key role in supporting the country’s companies and financial institutions in strategic foresight and implementation of decarbonization policies. Our goal is clear: to contribute to the transformation of the Luxembourgish economy, which is a priority for our stakeholders."

Luxembourg, a market facing multiple challenges in reducing CO2 emissions

As Luxembourg aims to reduce its carbon footprint by 55% by 2030, the government is increasing support for businesses to encourage green investments. According to The European Environment Agency, Luxembourg is by far the highest emitter of greenhouse gases (GHG) per capita in the European Union. In 2021, an average citizen of the Grand Duchy emitted 17.6 tons of GHG, more than double the EU-27 average of 7.9 tons per capita.
With a strong presence in the financial sector, boasting around 3,400 investment funds, Luxembourg’s economic players are among the most active in their transformation. This presents Carbone 4 with the opportunity to shed light on the environmental and regulatory challenges shaping their activities and guide them toward strategies that ensure sustainability and resilience in a world facing climate disruption, finite resources, and the need to preserve biodiversity. There is also a potential for tangible emissions reductions in several areas such as facilities, transportation, construction, and industry.

Several key areas of expertise addressing the challenges of the Luxembourg market

With its teams in France and Luxembourg already possessing strong knowledge of the local challenges, Carbone 4 aims to apply its methodologies adapted to the local context.

Local clients will benefit from the services offered by the Group (methodologies, training, innovation, sectoral expertise, etc.), organized into five activities: Carbone 4 Consulting, Carbone 4 Finance, as well as Carbone 4 Academy, MyCO2, and IF Initiative.