McKinsey & Company, Inc. Sustainability Profile
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 96 is higher than 98% 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, with Scope 1 emissions at about 7,600,000 kg CO2e, Scope 2 emissions at approximately 19,000,000 kg CO2e (location-based), and significant Scope 3 emissions of around 579,000,000 kg CO2e. The company has set ambitious targets to reduce its carbon footprint, committing to a 25% absolute reduction in Scope 1 and 2 emissions by 2025, relative to a 2019 baseline. Additionally, McKinsey aims for a 30% reduction in Scope 3 business travel emissions per full-time equivalent (FTE) by the same year. Looking ahead, McKinsey has pledged to achieve net-zero climate impact by 2030, with long-term goals of reducing absolute Scope 1 and 2 emissions by 90% and Scope 3 emissions from business travel by 97% by 2050. These targets align with the Science Based Targets initiative (SBTi) and are designed to support global efforts to limit warming to 1.5°C. The company has already made progress, achieving a 56% reduction in absolute Scope 1 and 2 emissions by 2023 compared to 2019 levels. Overall, McKinsey's climate commitments reflect a comprehensive approach to sustainability, focusing on significant reductions across all scopes of emissions while actively participating in global climate initiatives.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 15,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 3,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 0,000,000 |
| Scope 3 | 787,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is McKinsey & Company, Inc.'s Industry?
How Carbon Intensive is McKinsey & Company, Inc.'s Location?
McKinsey & Company, Inc.'s Scope 3 Categories Breakdown
McKinsey & Company, Inc.'s Scope 3 emissions, which decreased by 2% last year and decreased by approximately 28% since 2019, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Business Travel" being the largest emissions source at 94% of Scope 3 emissions.
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McKinsey & Company, Inc.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
McKinsey & Company, Inc. has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about McKinsey & Company, Inc.'s sustainability data and climate commitments