McKinsey & Company, a leading global management consulting firm, was founded in 1926 and is headquartered in New York City. With a strong presence in North America, Europe, Asia, and beyond, McKinsey operates across various industries, including healthcare, finance, and technology. The firm is renowned for its strategic advisory services, helping organisations tackle complex challenges and drive sustainable growth. McKinsey's unique approach combines deep industry expertise with advanced analytics, enabling clients to make informed decisions. Notable achievements include its influential research and thought leadership, which have shaped business practices worldwide. As a trusted partner to many Fortune 500 companies, McKinsey consistently ranks among the top consulting firms, recognised for its commitment to excellence and innovation in the consulting industry.
How does Mckinsey's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Business Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Mckinsey's score of 58 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, McKinsey & Company reported total carbon emissions of approximately 588,000 tonnes CO2e. This figure includes 8,000 tonnes CO2e from Scope 1 emissions, 400 tonnes CO2e from Scope 2 emissions, and a significant 701,500,000 tonnes CO2e from Scope 3 emissions, primarily driven by business travel. Over the years, McKinsey has made substantial commitments to reduce its carbon footprint. The firm aims to achieve net-zero greenhouse gas emissions across its value chain by 2050. As part of its near-term targets, McKinsey has committed to reducing absolute Scope 1 and 2 emissions by 25% by 2025, using 2019 as the baseline year. Additionally, it plans to cut Scope 3 emissions from business travel by 35.3% per full-time equivalent (FTE) within the same timeframe. Long-term goals include a 90% reduction in absolute Scope 1 and 2 emissions by 2050 and a 97% reduction in Scope 3 emissions from business travel per FTE. These targets align with the Science Based Targets initiative (SBTi) and reflect McKinsey's commitment to addressing climate change effectively.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 15,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 |
Scope 2 | 3,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 |
Scope 3 | 725,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Mckinsey is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.