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 million kg CO2e, comprising 7.6 million kg CO2e from Scope 1, 19 million kg CO2e from Scope 2, and about 579 million kg CO2e from Scope 3 emissions. Notably, the company achieved a significant reduction of 56% in absolute Scope 1 and 2 emissions compared to its 2019 baseline. McKinsey has set ambitious climate commitments, aiming for net-zero climate impact by 2030. The company has established near-term targets to reduce absolute Scope 1 and 2 GHG emissions by 25% by 2025 from a 2019 base year, and to decrease Scope 3 business travel emissions per full-time equivalent (FTE) by 35% over the same period. Long-term goals include a 90% reduction in Scope 1 and 2 emissions and a 97% reduction in Scope 3 emissions from business travel by 2050. These targets align with the Science Based Targets initiative (SBTi) and reflect McKinsey's commitment to addressing climate change through substantial emissions reductions across all scopes. The company is actively working towards these goals, with a focus on electrifying its fleet, transitioning to renewable energy, and enhancing the sustainability of its office spaces.
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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?
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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.
Top Scope 3 Categories
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.
Frequently Asked Questions
Common questions about McKinsey & Company, Inc.'s sustainability data and climate commitments