McKinsey & Company, Inc.
McKinsey & Company, Inc., commonly referred to as McKinsey, is a leading global management consulting firm headquartered in the United States. Founded in 1926, McKinsey has established a formidable presence across major operational regions, including Europe, Asia, and the Americas. The firm operates primarily within the consulting industry, specialising in areas such as strategy, operations, digital transformation, and organisational change. Renowned for its data-driven approach and deep industry expertise, McKinsey offers a unique blend of services that help organisations navigate complex challenges and drive sustainable growth. With a commitment to delivering impactful solutions, the firm has achieved notable milestones, including advising many of the world's top companies and governments. McKinsey's reputation for excellence solidifies its position as a trusted partner in the consulting landscape.
DitchCarbon Score
How does McKinsey & Company, Inc.'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.
Industry Average
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.
Industry Benchmark
McKinsey & Company, Inc.'s score of 80 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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McKinsey & Company, Inc.'s reported carbon emissions
In 2023, McKinsey & Company, Inc. reported total carbon emissions of approximately 588,000,000 kg CO2e, comprising 8,000,000 kg CO2e from Scope 1, 19,000,000 kg CO2e from Scope 2, and a significant 579,000,000 kg CO2e from Scope 3 emissions, with business travel alone accounting for about 512,500,000 kg CO2e. This marked an increase from 2022, where total emissions were approximately 533,000,000 kg CO2e. McKinsey has set ambitious climate commitments, aiming for a 25% absolute reduction in Scope 1 and 2 greenhouse gas emissions by 2025, using a 2019 baseline. They also target a 35% reduction in Scope 3 business travel emissions per full-time equivalent (FTE) by the same year. By 2030, the firm aims to further reduce Scope 1 and 2 emissions by 64.5% and Scope 3 emissions from business travel by 55%, relative to the 2019 baseline. Ultimately, McKinsey has committed to achieving net-zero climate impact by 2030, with long-term goals of reducing Scope 1 and 2 emissions by 90% and Scope 3 emissions by 97% by 2050. These targets align with the Science Based Targets initiative (SBTi) and reflect McKinsey's commitment to addressing climate change through significant emissions reductions across all scopes. The company has also pledged to achieve near-zero methane emissions by 2030, further underscoring its dedication to sustainability.
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| 2019 | 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 | 00,000,000 |
| Scope 3 | 787,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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 & Company, Inc. is participating in some of the initiatives that 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.
