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.
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.
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 & Company, Inc.'s score of 83 is higher than 100% 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 greenhouse gas emissions of approximately 588,000,000 kg CO2e, with Scope 1 emissions at about 8,000,000 kg CO2e, Scope 2 emissions at approximately 400,000 kg CO2e (market-based), and a significant 579,000,000 kg CO2e from Scope 3 emissions, primarily driven by business travel (about 512,500,000 kg CO2e). The firm has set ambitious targets to reduce its carbon footprint, aiming for a 25% absolute reduction in Scope 1 and 2 emissions by 2025, using a 2019 baseline. Additionally, McKinsey is committed to a 30% reduction in Scope 3 business travel emissions per employee by the same year. Looking ahead, they have pledged to achieve net-zero climate impact by 2030 and a 90% reduction in Scope 1 and 2 emissions by 2050. In 2022, McKinsey achieved a 30% reduction in absolute Scope 1 and 2 emissions compared to 2019, demonstrating progress towards its near-term goals. The company is also focused on reducing Scope 3 emissions, with a reported 48% reduction in travel emissions per colleague from 2019 to 2022. Overall, McKinsey & Company is actively working towards significant emissions reductions across all scopes, aligning its strategies with industry standards and climate science to combat climate change effectively.
Access structured emissions data, company-specific emission factors, and source documents
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 | 000,000 |
Scope 3 | 787,000,000 | 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 & 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.